Friday, June 23, 2006

Forex Trade- 6.23.06

2:40 pm EST- 1 Trade Lost

Well unfortunately this week ended on a bad note. After the Durable Goods report, there was an Alba breakout and I entered 3 lots short at 2478 with a stop at 2500 and a target at 2466. I was stopped out on all 3 lots at 9:00 am EST. It hasn't been a good 2 weeks for Alba and I'm hoping I can make up some ground next week. I'm kind of anxious because I haven't had a negative month yet with this system so this could be a first. I will stick to the rules and not force any trades next week. Hopefully everything will work out :) Have a great weekend everyone. Cheers! ~Big Pippin

Result: -66 -9(spread)= -75 pips

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