July 24, 2006

3:45 pm EST: -40 pips
Beta: -80 pips

Long trade triggered at 8:20 am EST.
Stopped out on trade at 10:10 am EST.












Sorry for the missed post on Friday. I was on the road traveling back from Florida. Trades will resume as normal starting today.

8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.8554
Stop Loss: 1.8514
Target: 1.8595
*Move stop to breakeven when price hits 1.8572
**Beta- Close 1 lot when price hits 1.8572 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8479
Stop Loss: 1.8519
Target: 1.8438
*Move stop to breakeven when price hits 1.8461
**Beta- Close 1 lot when price hits 1.8461 and move last lot's stop to breakeven