Thursday, December 22, 2005

Results for 12/19/05 - 12/22/05

Here are this weeks results:

Monday: No trades
Tuesday: +63
Wednesday: +30
Thursday: +34

Total: +127 pips

Not bad for a Christmas gift :) Have a great holidays everyone!

Forex Trading- 12/22/05

7:00 pm- 1 Trade Won

Hello everyone! On the final day of our Learn N Trade session we were able to bag another win. I had a feeling we would see an Alba breakout because the EU session range was very narrow. At 9:30 am EST there was a very clear Alba breakout and I entered 3 lots long at 1863 with a stop loss at 1845 and a target at 1875. Our target was hit at 10:00 and I closed 2 lots and moved my last lot's stop to breakeven. I trailed my stop to the low of each candle that made a new high and was eventually stopped out at 1882. It's been a great week for Alba and I will not be trading tomorrow since it is right before Christmas Eve. I will also be taking a break from trading all of next week because of the lull in between Christmas and New Years. Trades and charts will resume on January 2, 2006. I hope you all had a great week and I wish you all a Merry Christmas and a Happy New Year! ~Big Pippin

Results: +24 +19 -9(spread)= +34 pips

Monday, December 19, 2005

Forex Trade - 12/19/05

8:00 am - Analysis

Good morning!! It's another wonderful week in the Forex markets and we have our charting software back up!! Thank goodness, because I think Netdania is a great free charting software tool, it doesn't come close to the professional stuff! So, we should have regular updates on this blog and at Also, we are starting the Alba Learn'N Trades this week. If you're interested in joining us please click on the banner up top for more details!

Looks pretty thin in the US today with no majoy economic reports coming out today. The high of the EU Session is marked at 1.2030, and the low at 1.1980. As of this writing it looks like the EURUSD is trying to make a break of the lows. Keep an eye on this and stay focused. If it breaks it's good! Good luck and good trading!! ~ PipCrawler

EU Session High: 1.2030
EU Session Low: 1.1980

Tuesday, December 13, 2005

Forex Trade -12/13/05

8:00 am EST - Analysis

Good Morning! Well, it looks like our charting software is still not acting right! Does anybody know any good charting software?? It might be time to switch...hehe. Well, today at 8:30 am EST we have retail sales reports coming out with Advanced retail sales consense at 0.4% vs. previous -0.1%. Retail sales less autos is consenses is 0.0% vs. 0.9% previous. We may see some movement from these reports, but I think traders are going to wait until the FOMC meeting today at 2:15 pm EST. It is projected the Fed will raise from 4.00% to 4.25%, but the question of the day is "will there be more interest rate hikes?" We'll have to wait and see. Until then let's get focused on the what's going on in the market and remember to wait 30 min to 1 hour after news reports to trade to avoid any whipsaws. Good luck and good trading my friends! ~ PipCrawler

Monday, December 05, 2005

Alba results for 11/21/05 - 11/23/05 and 11/28/05 - 12/02/05

Here are the results from the last couple of weeks:

11/21/05 - 11/23/05
Monday: +87
Tuesday: No Trades
Wednesday: -66

Total: +21 pips

11/28/05 - 12/02/05
Monday: +72
Tuesday: No Trades
Wednesday: No Trades
Thursday: No Trades
Friday: -123

Total: -51 pips

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