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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Thursday, May 18, 2006

May 18, 2006

4:20 pm EST: -52 pips
Beta: -104 pips


Long trade triggered at 9:30 am EST.
Stopped out at 11:50 am EST.













8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.8919
Stop Loss: 1.8867
Target: 1.8984
*Move stop to breakeven when price hits 1.8949
**Beta- Close 1 lot when price hits 1.8949 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8820
Stop Loss: 1.8872
Target: 1.8755
*Move stop to breakeven when price hits 1.8780
**Beta- Close 1 lot when price hits 1.8780 and move last lot's stop to breakeven

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