GU M15 - 12 June '09

Daily bias: Bullish (price opens above Daily PP)
Immediate Trend: Bullish (MA channel pointing up & price within upper bands)

1st Trade Time: 06:15 GMT
Buy/Sell: Buy
Level: 1.6520 (10 pips above Daily PP)
Trades: 2
Lots: 15 per trade
SL: 1.6490 (20 pips below Daily PP)
TP: 1.6683 (Daily R1)
Re:Ri = 163:30 (5.43)
Remarks: High-confidence, bullish bias and trend. SL adjusted to B/E mid-trade.
Outcome: 1 x 15 x 40 x 10 = USD6,000.00
1 x 15 x 30 x 10 = USD4,500.00

2nd Trade Time: 09:30 GMT
Buy/Sell: Sell
Level: 1.6490
Trades: 2
Lots: 10 per trade
SL: 1.6530 (20 pips above Daily PP)
TP: 1.5401 (Daily S1)
Re:Ri = 89:40 (2.25)
Remarks: Medium-confidence, bullish bias and trend. SL adjusted to B/E mid-trade.
Outcome: 2 x 10 x 89 x 10 = USD17,800.00

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