April 28, 2006

3:30 pm EST: +65 pips

Placed orders at 8:40 am EST.
Long trade triggered at 9:40 am EST.
Midpoint hit at 10:40 am EST. Moved stop to breakeven.
Target hit at 10:50 am EST.












Today is a news day so do not put these orders in until 8:40 am EST. If price is out of this range, then wait for the price to close back within the range (I use a 10 minute chart) before entering these orders in. If price doesn't fall back in the range, then simply stay out of the market.


8:00 am EST- Trades

Long Trade:
Entry Order: 1.8105
Stop Loss: 1.8059
Target: 1.8170
*Move stop to breakeven when price hits 1.8135


Short Trade:
Entry Order: 1.8019
Stop Loss: 1.8064
Target: 1.7954
*Move stop to breakeven when price hits 1.7989