May 22, 2006

5:30 pm EST: +60 pips
Beta: +87 pips

Long trade triggered at 10:00 am EST.
Midpoint hit at 11:10 am EST. Moved stop to breakeven.
*Beta- Closed 1 lot at midpoint. Moved last lot to breakeven. (+27 pips)
Target hit at 11:40 am EST.













8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.8790
Stop Loss: 1.8740
Target: 1.8850
*Move stop to breakeven when price hits 1.8817
**Beta- Close 1 lot when price hits 1.8817 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8696
Stop Loss: 1.8745
Target: 1.8636
*Move stop to breakeven when price hits 1.8669
**Beta- Close 1 lot when price hits 1.8669 and move last lot's stop to breakeven