May 4, 2006

3:15 pm EST: +68 pips
Beta: +101 pips

8:40 candle closed within range. Set entry orders.
Long trade triggered at 9:40 am EST.
Midpoint hit at 10:20 am EST. Moved stop loss to breakeven.
*Beta: Midpoint hit at 10:20 am EST. Closed 1 lot and moved last lot's s/l to b/e.
Target not hit at 2pm EST. Closed trade out at 1.8515.












Today is a news day. Please see the "Read me first" section for the rules on trading during news.
8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.8447
Stop Loss: 1.8391
Target: 1.8519
*Move stop to breakeven when price hits 1.8480
**Beta- Close 1 lot when price hits 1.8480 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8341
Stop Loss: 1.8396
Target: 1.8269
*Move stop to breakeven when price hits 1.8308
**Beta- Close 1 lot when price hits 1.8308 and move last lot's stop to breakeven