FOREX end-of-week update (1-5 Mar 10)

Started with USD39.43 for the week and end with USD25.77. Such disappointing result but was because I hadn't been patience enough in my trades.  Had a few good trades while some were too implusive.  Targetting to end the mar with at least USD100 in my account.  Will have to be more patience to watch and monitor the price action before taking a trade and this would mean that there maybe days without trade.

If each day ends with a profit, be it 5% or even lower, I would be contented.  The most important thing is at least it's a positive and account is growing, though my daily target is 10%. 

PIPS = Patience is Profits