Alba Trade: 6.23.06
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...… More…
Well this was a really tough week as I suffered 2 major losses. I'm hoping we'll see some big moves next week so I can make up some ground and try to end the month positive. Monday: +12 Tuesday: -63...… More…
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...… More…
Today was one of those days where I wish I was trading during the EU session. What a nice move the Euro made during its session. Unfortunately the move was pretty much exhausted during the US session but we did...… More…
Well it was another boring day in the market. I watched as the Euro hovered around the EU high teasing us of a breakout. At 12:00 pm EST there was an Alba breakout but because it was outside of my...… More…
3:00 pm EST- 1 Trade Lost Days like today make losing hurt the most. Usually I can accept a loss with no problem because it's just a normal part of being a trader. However, today was one of those days...… More…
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...… More…
Well it was a pretty boring week as far as # of trades goes, but considering the choppiness of the market this past week, I think it was for the better that we stayed out of a lot of trades....… More…
3:35 pm EST- No trades Once again the market showed alot of indecision today during the US session. After the jobless claims at 8:30, the Euro spiked down only to reverse back up and spike above the EU high after...… More…
4:35 pm EST- 1 Trade Lost Unfortunately, things did not go our way today. Although the market showed good volatility, it still displayed big indecision. We almost had a short breakout after the CPI report but luckily all of our...… More…
3:15 pm EST- No trades Well even with the news reports today we still saw some indecision in the EUR/USD during our session today. We had a pretty good Alba signal at 9:40 am EST but the price closed right...… More…
2:00 pm EST- No trades In typical Monday fashion, the market moved very little today. From the chart, you can see that the price stayed within the EU session's range. So no trades for today but I'm sure things will...… More…
This week's results for the Alba system...… More…
1:50 pm EST- No trades Well the Trade Balance and Import Prices caused a nice drop in the Euro but because it was a news candle, I did not trade it. After the news releases, the Euro moved back up...… More…
4:00 pm EST- 1 Trade Won Well after the Unemployment claims we saw a nice move in the EUR/USD. I did not trade the actual news candle because I don't like trading the news but I did see a good...… More…
6:00 pm EST- No Trades I thought that Al might make the market move today after his testimony but it turns out his magic is gone. We had a close breakout at 9:40 am EST but it didn't quite meet...… More…
3:10 pm EST- 1 Trade won Although there were no economic reports today, we did get a nice Alba breakout. At 8:10 am EST there was an Alba breakout and I entered 3 lots short at 2843 with a stop...… More…
4:05 pm EST- No trades Like a typical Monday, there were no trades today. We did have the ISM Non Manufacturing report today but it didn't cause any movement in the EUR/USD. We had a slight break of the EU...… More…
Well what a funny week it was. We didn't have any really bad trades and we didn't have any good trades. At the end of the week we ended up exactly where we started.....at breakeven! It's kind of funny but...… More…
4:20 pm EST- 1 Small trade won Once again we had another day where we able to get out of trade that didn't hit our target. After the NFP report we had a strong move upwards in the Euro which...… More…
2:35 pm EST- 1 Very Small trade won After the low ISM numbers, the EUR shot up and at 10:50 we had an Alba breakout. I entered 3 lots long at 2817 with a stop at 2764 and a target...… More…
4:30 pm EST- 1 Trade Lost Well unfortunately we took a small loss as the PMI report didn't give the EUR/USD enough juice to give us a good trade. At 11:10 am EST there was an Alba breakout and I...… More…
2:20 pm EST- No trades We saw an Alba breakout at 10:00 am EST but we did not enter because it was the Consumer confidence report candle. We realized that it's not normally highly volatile event but because there was...… More…
There is no trading today for me as it is a US holiday. I encourage all of you, especially the American traders, to take a break from trading today as today is a very special holiday. Let us remember those...… More…
This week's results for the Alba system...… More…
2:10 pm EST- No trades Well even with the GDP and Existing Home Sales report, the Euro still showed indecision as the price could neither break the EU high nor the EU low. It will be interesting to see what...… More…
2:00 pm EST- Breakeven trade Well it was quite a mover for the Euro today but I didn't see any entries until later in the day. During the EU session the Euro made about a 100 pip move up and...… More…
1:15 pm EST- No trades The Euro was pretty quiet today and it stayed within its range. Bernanke did cause some volatility but the movement still showed indecision as the Euro could not break through its high or low. Luckily...… More…
5:12 pm EST- 1 Trade Won Even though it wasn't a big win, we were still able to manage a few pips with the Alba system. I was kind of disappointed we didn't get more but I can't complain about...… More…
Monday: -45 Tuesday: No trade Wednesday: +92 Thursday: No trade Friday: Out of town; no trade Total: +47 pips Total for May: +262 pips...… More…
4:00 pm EST- No Trades Well even with Big Ben speaking today, the EUR/USD didn't move that much we did have a break of the EU high but there were no good Alba breakouts so I did not have a...… More…
Pippin Aint Easy Trade Record Cumulative Stats Total: +578 Pips Number of Trades: 38 Number of Wins: 24 Number of Losses: 13+1(breakeven) Win % 65% Average Win 47 Average Loss 43 May 2007 Apr 30 - May...… More…
2:35 pm EST- No Trades Well although the PPI did cause some movement, there were no Alba signals or breakouts which kept us out of the market today. I'm not too worried about it because the market didn't really make...… More…
2:10 pm EST- 1 Trade Lost Well it was a case of the Monday blues for the Alba system today. At 10:40 am EST there was an Alba signal and I entered 3 lots long at 2840 with a stop...… More…
It was a good week for Alba. Although we only had 3 trades, they were all winners. Hopefully we can continue this for the rest of the month! Monday: +24 Tuesday: +60 Wednesday: No trades Thursday: +72 Friday: No trades...… More…
4:00 pm EST- No Trades Well even with the Trade Balance and Consumer Sentiment report we didn't have enough movement in the Euro to warrent a trade. You can see from the chart that the EUR/USD stayed within its range...… More…
3:00 pm EST- 1 Trade won It was another great day for the Alba system. At 9:50 am EST there was an Alba signal/breakout and I entered 3 lots long at 2778 with a stop at 2748 and my target...… More…
2:10 pm EST- No Trades There was very little movement in the EUR/USD today. I'm guessing traders were waiting for the FOMC meeting. Needless to say there were no Alba signals or breakouts today. Cheers! ~Big Pippin Results: +0 pips...… More…
3:45 pm EST- 1 Trade Won For the 2nd day and a row we've seen some pretty nice movement considering the lack of economic reports. The dollar lost some ground again and we saw an Alba breakout at 9:10 am...… More…
2:35 pm EST- 1 Small Trade won Considering it was a Monday with no economic reports out, I was surprised to pull in a small win today. At 9:50 there was an Alba breakout and I entered 3 lots short...… More…
This is the trade record for the Alba system since July 2005… More…
So you've finished reading all the content on BabyPips.com and want to get your feet wet and dive into the Forex? The Alba system is the perfect way for you to do just that. It's a simple yet profitable system...… More…