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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Tuesday, May 09, 2006

May 9, 2006

4:10 pm EST: +61 pips
Beta: +89 pips (+28 +61)

Long trade triggered at 8:50 am EST.
Midpoint hit at 9:20 am EST. Moved stop to breakeven.
*Beta- Closed 1 lot at midpoint. Moved last lot's stop to breakeven. (+28 pips)
Target hit at 10:00 am EST.













8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.8601
Stop Loss: 1.8551
Target: 1.8662
*Move stop to breakeven when price hits 1.8629
**Beta- Close 1 lot when price hits 1.8629 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8506
Stop Loss: 1.8556
Target: 1.8445
*Move stop to breakeven when price hits 1.8478
**Beta- Close 1 lot when price hits 1.8478 and move last lot's stop to breakeven

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