Monday, June 19, 2006

Forex Trade- 6.19.06

2:10 pm EST- 1 Trade Won

Unlike our normal, mundane Mondays, we actually had a winning trade today. Although there were no major economic reports out today, the market moved just enough for us to grab some pips. At 8:50 am EST, there was an Alba breakout and I entered 3 lots short at 2567 with a stop at 2585 and a target at 2558. My target was hit on the next candle and I closed 2 lots and moved my last lot's stop to breakeven. I was stopped out on my 3rd lot at breakeven at 9:30 am EST. So it wasn't a big win but at least we started off the week on a good note. Cheers! ~Big Pippin

Results: +18 +3 (-9 spread)= +12 pips

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