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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