July 17, 2006

3:00 pm EST: -14 pips
Beta: -28 pips

Short trade triggered at 9:10 am EST.
Target not hit by 2pm EST. Closed trade out at 1.8994. (-14)












9:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.8347
Stop Loss: 1.8261
Target: 1.8480
*Move stop to breakeven when price hits 1.8411
**Beta- Close 1 lot when price hits 1.8411 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8180
Stop Loss: 1.8266
Target: 1.8047
*Move stop to breakeven when price hits 1.8116
**Beta- Close 1 lot when price hits 1.8116 and move last lot's stop to breakeven