June 30, 2006

2:45 pm EST: +0 pips
Beta: +0 pips

After the all the 8:30 news reports the price never closed back within our range.
No trades were triggered.




*Today is a news day. Wait until at least 8:40 am EST before placing your entry orders. If the price is outside our range then wait for the price to close within our range (using a 10 minute chart) before placing your orders.

8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.8381
Stop Loss: 1.8334
Target: 1.8436
*Move stop to breakeven when price hits 1.8406
**Beta- Close 1 lot when price hits 1.8406 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8293
Stop Loss: 1.8339
Target: 1.8238
*Move stop to breakeven when price hits 1.8268
**Beta- Close 1 lot when price hits 1.8268 and move last lot's stop to breakeven