May 30, 2006

2:30 pm EST: +10 pips (-48 +58)
Beta: -12 pips (-96 +26 +58)

Short trade triggered at 8:20 am EST.
Short trade stopped out at 9:20 am EST. (-48; Beta: -96)
Long trade triggered at 9:50 am EST.
Midpoint hit at 10:00 am EST. Moved stop to breakeven.
*Beta- Closed 1 lot at midpoint and moved last lot's stop to breakeven. (+26)
Target hit at 10:00 am EST. (+58; Beta: +58)













8:00 am EST- Trades


Long Trade:
Entry Order: Buy at 1.8810
Stop Loss: 1.8761
Target: 1.8868
*Move stop to breakeven when price hits 1.8836
**Beta- Close 1 lot when price hits 1.8836 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8718
Stop Loss: 1.8766
Target: 1.8660
*Move stop to breakeven when price hits 1.8688
**Beta- Close 1 lot when price hits 1.8688 and move last lot's stop to breakeven