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 31, 2006

May 31, 2006

4:40 pm EST: +0 pips
Beta: +26 pips (+26 +0)

Short trade triggered at 8:40 am EST.
Midpoint hit at 10:50 am EST. Moved stop to breakeven.
*Beta- Closed 1 lot at midpoint. Moved last lot's stop to breakeven. (+26 pips)
Trade stopped out at breakeven at 2:00 pm EST. (+0 pips)













8:00 am EST- Trades


Long Trade:
Entry Order: Buy at 1.8838
Stop Loss: 1.8789
Target: 1.8896
*Move stop to breakeven when price hits 1.8864
**Beta- Close 1 lot when price hits 1.8864 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8746
Stop Loss: 1.8794
Target: 1.8688
*Move stop to breakeven when price hits 1.8720
**Beta- Close 1 lot when price hits 1.8720 and move last lot's stop to breakeven

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