June 7, 2006

6:45 pm EST: +0 pips
Beta: +23 pips (+23 +0)


Short trade triggered at 9:20 am EST.
Midpoint hit at 9:40 am EST. Moved stop to breakeven.
*Beta- Closed 1 lot at midpoint. Moved last lot's stop to breakeven (+23)
Trade stopped out at breakeven at 10:10 am EST













*Today is a news day. Wait until at least 9:10 am EST before placing these orders in. If price is out of our range at that time, wait until the price closes back within our range (using a 10 minute chart) before placing the orders in.


8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.8658
Stop Loss: 1.8612
Target: 1.8710
*Move stop to breakeven when price hits 1.8681
**Beta- Close 1 lot when price hits 1.8681 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8672
Stop Loss: 1.8617
Target: 1.8520
*Move stop to breakeven when price hits 1.8549
**Beta- Close 1 lot when price hits 1.8549 and move last lot's stop to breakeven