Tuesday, November 22, 2005

Forex Trading - 11/22/05

5:20 pm- No trades

Hello everyone! Unfortunately it was a quiet day for Alba today. It looks like there could've been a signal at 12:00 pm, but because it didn't significantly break the EU session high I didn't enter. Also it was past 12 pm so I didn't want to risk it. However, it's ashame the big move that happened at 2pm didn't happen earlier. If you watched the market, the Euro shot up about 80 pips! Oh well, at least we didn't lose any money today. Hopefully tomorrow will be better. ~Big Pippin

Results: +0 pips

8:00 am- Analysis

Good morning! The EU came out with mixed economic reports last night with in line numbers from Germany and lower than expected from France. During the EU session the EURUSD made a temporary dip below the psychological level of 1.1700. In the last few trading days we've seen the dollar bulls give up some of those gains during the EU session early in the US sessions. No significant US reports or news to watch out for the moment, but stay focused and remember the rules of the Alba system! It's been so good to us! Good luck and good trading!! ~ PipCrawler

EU Session High: 1.1736
EU Session Low: 1.1687

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