I finally managed to throw together a basic spreadsheet to analyze my FX trades and I am happy to report that I am off to a great start so far! My win/loss ratio is over 50% which is always nice, but what is really incredible has been the average return for the trades I have taken so far; Almost 70 pips / trade!!!

Grant it, those last 2 shorts in GBP really went a long way towards that end. I’m trying to pick my spots very carefully and as of this moment I am flat, but have a couple of pairs that I am watching. Now that I have the spreadsheet, I hope to post more daily updates and a continuing log of my trades as I continue to move forward with my foray into the FX markets. So far so good, we’ll just have to wait and see if i can keep 8:1 ratio on my winning/losing trades.

Have a great weekend. My wife and I are going house hunting tomorrow as we hope to move to Williamsburg, VA in a couple of months. Wish us luck!