Monday, January 23, 2006

Forex Trade 1/23/06

6:03 pm- 1 Trade lost

Well after a incredibly flat week last week, we had an Alba signal. Unfortunately, it ended up turning out to be a loser. The trade wasn't really worth that much. It was more of a scalp trade but nevertheless, it was still a signal. The signal occured at 8:50 and we entered 3 lots short at 2274 with a stop at 2283 and a target at 2268. We were stopped out on all 3 lots on the very next candle. Not a great start to the week but luckily the loss was fairly small. For the most part, the market was still sideways considering we had that big move the night before. Hopefully the rest of the week will be better. ~Big Pippin

Results: -27 -9(spread)= -36 pips

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