June 9, 2006

2:oo pm EST: +0 pips
Beta: +13 pips (+13 +0)

8:30- News candle. No trades.
Price closes within our range at 9:10. Placed entry orders.
Long trade triggered at 9:20 am EST.
Midpoint hit at 10:10 am EST. Moved stop to breakeven.
*Beta- Closed 1 lot at midpoing and moved last lot's stop to breakeven. (+13)
Trade stopped out at breakeven at 10:20 am EST.













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

8:00 am EST- Trades


Long Trade:
Entry Order: Buy at 1.8458
Stop Loss: 1.8429
Target: 1.8489
*Move stop to breakeven when price hits 1.8471
**Beta- Close 1 lot when price hits 1.8471 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8406
Stop Loss: 1.8434
Target: 1.8375
*Move stop to breakeven when price hits 1.8393
**Beta- Close 1 lot when price hits 1.8393 and move last lot's stop to breakeven