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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Wednesday, May 03, 2006

May 3, 2006

2:30 pm EST: +53 pips
Beta: +77 pips (+24 +53)

Long trade triggered at 11:00 am EST.
Midpoint hit at 11:30 am EST; Moved stop to breakeven.
*Beta- Midpoint hit at 11:30 am EST; Closed 1 lot (+24) and moved last lot's stop to breakeven.
Target hit at 12:00 pm EST.












Signals- Sorry for the late post. My computer was having problems this morning. These were the signals for today (not that it helps, but just for record keeping purposes).

Long Trade:
Entry Order: Buy at 1.8420
Stop Loss: 1.8380
Target: 1.8473
*Move stop to breakeven when price hits 1.8444
**Beta- Close one lot when price hits 1.8444 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8346
Stop Loss: 1.8385
Target: 1.8293
*Move stop to breakeven when price hits 1.8322
**Beta- Close one lot when price hits 1.8444 and move last lot's stop to breakeven

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