GU M15 - 9 June '09

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

1st Trade
Time: 05:15 GMT
Buy/Sell: Buy
Level: 1.5984
Trades: 2
Lots: 15 per trade
SL: 1.5964 (18 pips above Daily PP)
TP: 1.6165 (Daily R1)
Re:Ri = 181:20 (9.05)
Remarks: High-confidence, bullish bias and trend. SL adjusted to B/E mid-trade.
Outcome: 2 x 15 x 181 x 10 = USD54,300.00

2nd Trade
Time: 09:15 GMT
Buy/Sell: Sell
Level: 1.6165
Trades: 2
Lots: 5 per trade
SL: 1.6185 (20 pips above Daily PP)
TP: 1.5984 (Daily PP)
Re:Ri = 181:20 (9.05)
Remarks: Low-confidence, bullish bias and trend. SL adjusted to B/E mid-trade.
Outcome: 1 x 5 x 65 x 10 = USD6,500.00

1 x 5 x 45 x 10 = USD4,500.00

3rd Trade
Time: 13:45 GMT
Buy/Sell: Buy
Level: 1.6175
Trades: 2
Lots: 15 per trade
SL: 1.6145 (20 pips below Daily R1)
TP: 1.6285 (Daily R2)
Re:Ri = 110:30 (3.67)
Remarks: High-confidence, bullish bias and trend. SL adjusted to B/E mid-trade.
Outcome: 2 x 15 x 110 x 10 = USD33,000.00

4th Trade
Time: 20:15 GMT
Buy/Sell: Buy
Level: 1.6305
Trades: 2
Lots: 5 per trade
SL: 1.6275 (10 pips below Daily R2)
TP: 1.6355 (previous day's Daily R2)
Re:Ri = 50:30 (1.67)
Remarks: Low-confidence as price now above Daily R2, bullish bias and trend. SL adjusted to B/E mid-trade.
Outcome: 2 x 5 x 0 x 10 = USD0.00



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