July 10, 2006

2:30 pm EST: -5 pips
Beta: -10 pips

Short trade triggered at 8:40 am EST.
Target not hit by 2pm EST. Closed trade out at 1.8408












8:00 am EST- Trades


Long Trade:
Entry Order: Buy at 1.8524
Stop Loss: 1.8461
Target: 1.8611
*Move stop to breakeven when price hits 1.8565
**Beta- Close 1 lot when price hits 1.8565 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8403
Stop Loss: 1.8466
Target: 1.8316
*Move stop to breakeven when price hits 1.8362
**Beta- Close 1 lot when price hits 1.8362 and move last lot's stop to breakeven