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

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