June 5, 2006

2:45 pm EST: +37 pips
Beta: +53 pips (+16 +37)

Short trade triggered at 8:20 am EST.
Midpoint hit at 8:40 am EST. Moved stop to breakeven.
*Beta- Closed 1 lot at midpoint and moved last lot's stop to breakeven. (+16 pips)
Target hit at 10:30 am EST. (+37)













8:00 am EST- Trades


Long Trade:
Entry Order: Buy at 1.8874
Stop Loss: 1.8842
Target: 1.8911
*Move stop to breakeven when price hits 1.8890
**Beta- Close 1 lot when price hits 1.8890 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8816
Stop Loss: 1.8847
Target: 1.8779
*Move stop to breakeven when price hits 1.8800
**Beta- Close 1 lot when price hits 1.8800 and move last lot's stop to breakeven