This is a blog where I will be giving out trade recommendations. These are just my personal opinions and you are more than welcome to follow, but just remember, these are just my recommendations so you must trade at your own risk. But have fun while you're at it!

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Thursday, July 27, 2006

July 27, 2006

3:30 pm EST: -40 pips
Beta: -80 pips

10:00 am- News candle.
10:10- Price closes within our range. Placed entry orders.
Long trade triggered at 10:20 am EST.
Long trade stopped out at 1:00 pm EST.












*Today is a news day. Wait until at least 10:10 am EST before placing your orders in. If the 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 1.8651
Stop Loss: 1.8611
Target: 1.8692
*Move stop to breakeven when price hits 1.8669
**Beta- Close 1 lot when price hits 1.8669 and move last lot's stop to breakeven


Short Trade:
Entry Order: Sell at 1.8576
Stop Loss: 1.86116
Target: 1.8535
*Move stop to breakeven when price hits 1.8558
**Beta- Close 1 lot when price hits 1.8559 and move last lot's stop to breakeven

posted by Verdizzy at 8:06 AM

1 Comments:

Blogger Unknown said...

I watch the above above chart and show the position of different treads. The long tread are goes down at the end of the day.
Trading Signals

11:46 AM

 

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