Tuesday, February 07, 2006

Forex Trade- 2/7/06

4:11 pm EST- 1 Small Trade won

Although it wasn't a huge gain, we did manage to pull out a few pips from Alba today. At 10:50 there was an Alba breakout and I went 3 lots short at 1951 with a stop at 1965 and a target at 1944. My target was hit on the next candle and I closed 2 lots out and moved my stop to breakeven where I was stopped out on at the same candle. It was a short and sweet trade and once again, Alba gave us positive pips. ~Big Pippin

Results: +14 +3 -9(spread)= +8 pips

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