Well, unlike last week, we really didn't gain much ground for the last week of March. I don't like to make excuses but I forgot about the EU DST and that is the reason why I traded bad this week, hahaha j/k. All kidding aside, it wasn't the greatest week, but at least we managed to keep most of the pips we made last week. Overall, March was definitely alot better than February and I'm hoping that April will be even better. Hope you all did well.
Monday: -18
Tuesday: -45
Wednesday: -24
Thursday: +57
Friday: No trades
Total: -30 pips
Total pips for March: +162 pips
Friday, March 31, 2006
Forex Trade- 3/31/06
3:35 pm EST- No trades
Well even with the plethora of news reports today, there was still no clear direction. The Euro stayed inside its range and didn't give us much to look at. Overall it was a pretty boring day for the Alba system. So it wasn't a great finish for March but we were still able to manage a decent number of pips. I'm looking forward to a brand new month next week. Cheers! ~Big Pippin
Results: +0 pips
Well even with the plethora of news reports today, there was still no clear direction. The Euro stayed inside its range and didn't give us much to look at. Overall it was a pretty boring day for the Alba system. So it wasn't a great finish for March but we were still able to manage a decent number of pips. I'm looking forward to a brand new month next week. Cheers! ~Big Pippin
Results: +0 pips
Monday, March 27, 2006
Forex Trade- 3/27/06
2:00 pm EST- 1 Trade Lost
After a great week last week, we've started off on a bit of a slump today. With the lack of economic reports, and the fact that it's a Monday, there was very little movement in the Eur/Usd today. At 11:20am there was an Alba breakout and I entered 3 lots short at 2006 with a stop at 2025 and a target at 1996. Unfortunately the price did not continue down and pretty much just stayed still for the rest of the day. By 12:30 pm my target was still not hit and although I was negative, I felt like it was time to cut my losses. I exited all 3 lots at the close of the 12:20 candle at 2009. Although it was a loss, I'm satisified with being able to keep the loss small. Hopefully the rest of the week will be better. Cheers! ~Big Pippin
Results: -9 -9(spread)= -18 pips
After a great week last week, we've started off on a bit of a slump today. With the lack of economic reports, and the fact that it's a Monday, there was very little movement in the Eur/Usd today. At 11:20am there was an Alba breakout and I entered 3 lots short at 2006 with a stop at 2025 and a target at 1996. Unfortunately the price did not continue down and pretty much just stayed still for the rest of the day. By 12:30 pm my target was still not hit and although I was negative, I felt like it was time to cut my losses. I exited all 3 lots at the close of the 12:20 candle at 2009. Although it was a loss, I'm satisified with being able to keep the loss small. Hopefully the rest of the week will be better. Cheers! ~Big Pippin
Results: -9 -9(spread)= -18 pips
Friday, March 24, 2006
Monday, March 20, 2006
Forex Trade- 3/20/06
3:51 pm EST- No trades
Hello everyone. Today was a very dull day in the market as nothing, and I literally mean NOTHING, happened today. You can see from the chart that the market stayed rangebound and we didn't see any breakouts or signals. Hopefully the rest of the week's economic reports will give the EUR/USD some juice to make some moves. Cheers! ~Big Pippin
Results: +0 pips
Hello everyone. Today was a very dull day in the market as nothing, and I literally mean NOTHING, happened today. You can see from the chart that the market stayed rangebound and we didn't see any breakouts or signals. Hopefully the rest of the week's economic reports will give the EUR/USD some juice to make some moves. Cheers! ~Big Pippin
Results: +0 pips
Saturday, March 18, 2006
Wednesday, March 15, 2006
Forex Trade- 3/15/06
2:30 pm EST- 1 Trade lost
Hello everyone! Today was a very dramatic day in the market as I was taken on one hell of a roller coaster ride :) There was an Alba breakout at 9:20 and I entered 3 lots long at 2055 with a stop at 2019 and a target at 2077. The price dropped and almost took me out but then rallied back up again only to stay put around the EU high. After 12 I decided I was going to try to get at or as close to breakeven as possible. I ended up getting out at 2054 at 12:20. So once again, we were saved from what could've been a massive loss. Hopefully the rest of the week will be less dramatic. Cheers! ~Big Pippin
Results: -3 -9(spread)= -12 pips
Hello everyone! Today was a very dramatic day in the market as I was taken on one hell of a roller coaster ride :) There was an Alba breakout at 9:20 and I entered 3 lots long at 2055 with a stop at 2019 and a target at 2077. The price dropped and almost took me out but then rallied back up again only to stay put around the EU high. After 12 I decided I was going to try to get at or as close to breakeven as possible. I ended up getting out at 2054 at 12:20. So once again, we were saved from what could've been a massive loss. Hopefully the rest of the week will be less dramatic. Cheers! ~Big Pippin
Results: -3 -9(spread)= -12 pips
Tuesday, March 14, 2006
Forex Trade- 3/14/06
2:26 pm EST- 1 Trade Won
Well today was finally a good day for Miss Alba. After disappointing numbers from the Current Account and Retail Sales report, the Euro gained some ground against the dollar. At 10:10 am there was an Alba breakout and I entered 3 lots long at 1996 with a stop at 1957 and a target at 2016. My target was hit on the next candle and I closed 2 lots and moved my last lot's stop to breakeven. I trailed my last lot's stopped and was eventually stopped out at the low of the candle marked on the chart which was at 2010. Hope you all were able to catch that one :) Cheers! ~Big Pippin
Results: +40 +14 -9(spread)= +45 pips
Well today was finally a good day for Miss Alba. After disappointing numbers from the Current Account and Retail Sales report, the Euro gained some ground against the dollar. At 10:10 am there was an Alba breakout and I entered 3 lots long at 1996 with a stop at 1957 and a target at 2016. My target was hit on the next candle and I closed 2 lots and moved my last lot's stop to breakeven. I trailed my last lot's stopped and was eventually stopped out at the low of the candle marked on the chart which was at 2010. Hope you all were able to catch that one :) Cheers! ~Big Pippin
Results: +40 +14 -9(spread)= +45 pips
Friday, March 10, 2006
Thursday, March 09, 2006
Forex Trade- 3/9/06
4:00 pm EST- No Trades
Hello everyone. Trade deficits were wider than expected causing the Euro to rise but apparently it wasn't enough to make a major impact as the market corrected itself within an hour. There was an Alba breakout at 9:10 but because Fed governer Kohn was speaking at 9:30, we did not enter. After the testimony, the market pretty much stayed flat resulting in no trades for the day. Cheers! ~Big Pippin
Result: +0 pips
Hello everyone. Trade deficits were wider than expected causing the Euro to rise but apparently it wasn't enough to make a major impact as the market corrected itself within an hour. There was an Alba breakout at 9:10 but because Fed governer Kohn was speaking at 9:30, we did not enter. After the testimony, the market pretty much stayed flat resulting in no trades for the day. Cheers! ~Big Pippin
Result: +0 pips
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