Euro Trade Review for 01/22/07

Trade Review for January 22, 2007:

Only my Euro trade was triggered today.

EUR/USD

Buy at 2975; Stop Loss= 2950; Target= 3000; Target 2= 3030 (Originally posted on January 20, 2007)

Result: -25 pips. Unfortunately the market gapped at the open on Sunday which triggered my trade. I think from now on I will refrain from putting trade entries over the weekend unless it is pretty far from the current market price. This will hopefully get rid of any gap mishaps like today.

Total pips for the day: -25 pips