23:00 GMT 06:30 GMT 4 Hours Daily Weekly Monthly Total
4th Jan 2010             0
5th Jan 2010 -213           -213
6th Jan 2010 97   77       174
7th Jan 2010              
8th Jan 2010            
11th Jan 2010 102           102
12th Jan 2010 -114   57     75 18
13th Jan 2010     66       66
14th Jan 2010 -87            
15th Jan 2010              
18th Jan 2010 -78           -78
19th Jan 2010         -13  
20th Jan 2010 26           26
21th Jan 2010            
22th Jan 2010 -104           -104
25th Jan 2010              
26th Jan 2010              
27th Jan 2010       75     75
29th Jan 2010       50      
Total -371 0 200 125 -13 75 16

Explaination on how we count pips.

We open 3 positions for each trade.

1st Position 2nd Position 3rd Position
Entry at – 143.18 Entry at – 143.18 Entry at – 143.18
SL – 142.74 (44 Pips) SL – 142.74 (44 Pips) SL – 142.74 (44 Pips)
TP – 143.40 (22 Pips) TP – 143.61 (43 Pips) TP – 143.95 (77 Pips)

If the trade turns into a loser then we would count and publish 44 * 3 = 132 Pips loss.

If the trade turns into a winner then we would count and publish 22 + 61 + 77 = 142 Pips profit.