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

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