July 25, 2006

3:10 pm EST: +5 pips (-32 +37)
Beta: -11 pips (-64 +53)

Long trade triggered at 9:50 am EST.
Long trade stopped out at 10:00 am EST. (-32; Beta: -64)
Short trade triggered at 10:10 am EST.
Midpoint hit at 11:10 am EST. Moved s/l to b/e.
*Beta- Closed 1 lot at midpoint and moved last lot's s/l to b/e. (+16)
Target hit at 11:10 am EST. (+37)












8:00 am EST- Trades

Long Trade:
Entry Order: Buy at 1.8529
Stop Loss: 1.8497
Target: 1.8566
*Move stop to breakeven when price hits 1.8545
**Beta- Close 1 lot when price hits 1.8545 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8471
Stop Loss: 1.8502
Target: 1.8434
*Move stop to breakeven when price hits 1.8455
**Beta- Close 1 lot when price hits 1.8455 and move last lot's stop to breakeven