Thursday, July 20, 2006

Forex Trade- 7.20.06

9:05 pm EST- 1 Small Trade Won

Well movement today was minimal but we were still able to grab a few pips. At 11:20 am EST there was an Alba signal and I entered 3 lots short at 2628 with a stop at 2647 and a target at 2619. At 12:30 pm EST the Euro dropped within 3 pips of my target and since it was already past our trading hours I decided to close all 3 of my lots. I exited at 2623. It wasn't the ideal trade, but at least it worked out ok. Hopefully tomorrow will be better and we can end on a good not. Cheers! ~Big Pippin

Results: + 15 -9(spread)= +6 pips

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