May 2, 2006

3:00 pm EST: -23 pips
Beta: -46 pips

Long trade triggered at 9:40 am EST.
Target not hit by 2pm. Closed trade out at 1.8384












8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.8407
Stop Loss: 1.8329
Target: 1.8524
*Move stop to breakeven when price hits 1.8463
**Beta- Close 1 lot when price hits 1.8463 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8256
Stop Loss: 1.8334
Target: 1.8139
*Move stop to breakeven when price hits 1.8200
**Beta- Close 1 lot when price hits 1.8200 and move last lot's stop to breakeven