April 26, 2006
3:45 pm EST: +43 pips
Placed entry orders at 8:40 am EST.
Long trade triggered at 9:00 am EST.
Midpoint hit at 11:30 am EST. Moved stop to breakeven.
Target hit at 12:00 pm EST.
8:00 am EST- Trades
Today is a news day so don't put in these trades until 8:40 am EST. If price is out of this range then wait for price to close back in the range (10 minute chart) before entering in these orders. If price does not re-enter this range then simply stay out of the market.
Long Trade:
Entry Order: Buy at 1.7859
Stop Loss: 1.7825
Target: 1.7902
*Move stop to breakeven when price hits 1.7878
Short Trade:
Entry Order: Sell at 1.7795
Stop Loss: 1.7830
Target: 1.7752
*Move stop to breakeven when price hits 1.7776
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