May 8, 2006

2:40 pm EST: +34 pips
Beta: +65 pips (+31 +34)

Short trade triggered at 9:50 am EST.
Midpoint hit at 10:10 am EST. Moved stop to breakeven.
*Beta- Closed 1 lot at midpoint. Moved last lot's stop to breakeven.
Target not hit by 2pm. Closed trade out at 1.8567












8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.8702
Stop Loss: 1.8649
Target: 1.8769
*Move stop to breakeven when price hits 1.8733
**Beta- Close 1 lot when price hits 1.8733 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8601
Stop Loss: 1.8654
Target: 1.8534
*Move stop to breakeven when price hits 1.8570
**Beta- Close 1 lot when price hits 1.8570 and move last lot's stop to breakeven