May 15, 2006

2:15 pm EST: +0 pips
Beta: +0 pips

No trades were triggered by 12:00 pm EST. Removed all orders.












*Today is a news day. However, this time we are going to wait until at least 9:10 before placing our orders. Remember the news rules. If price is out of our range, wait for the price to close (using a 10 minute chart) back in the range before entering your orders.


8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.8913
Stop Loss: 1.8844
Target: 1.9012
*Move stop to breakeven when price hits 1.8960
**Beta- Close 1 lot when price hits 1.8960 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8780
Stop Loss: 1.8849
Target: 1.8681
*Move stop to breakeven when price hits 1.8733
**Beta- Close 1 lot when price hits 1.8733 and move last lot's stop to breakeven