This is a blog where I will be giving out trade recommendations. These are just my personal opinions and you are more than welcome to follow, but just remember, these are just my recommendations so you must trade at your own risk. But have fun while you're at it!

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Tuesday, April 18, 2006

April 18, 2006

4:00 pm EST: +0 pips
There were no trades today because after the 8:30 news, the price jumped out of range of our entry orders and never went back in range. No orders were placed.













*Do not place these trades until 8:40. If the price is out of this range then wait for the price to drop back in range before entering the orders. If price does not fall back in the range then simply stay out of the market.

8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.7756
Stop loss: 1.7710
Target: 1.7809
*Move stop loss to breakeven when price hits 1.7780


Short Trade:
Entry Order: Sell at 1.7669
Stop Loss: 1.7715
Target: 1.7616
*Move stop loss to breakeven when price hits 1.7645

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