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3/1/10 Update: We were Stopped out today for a -91 pip loss

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Play of the Week
Be sure to check out the Cashmechanics.com website for updates. On the Home page, look under “What’s New”, Play of the Week. EUR/USD-  To consolidate; Looking for longs at 1.3585  

   Play of the Week:   

I am looking to go long at:  1.3585 area.

If filled, my protective stop is 1.3494

 My profit target is 1.3731

Risk =  91 pips   Reward = 146 pips

  (disclaimer: this trade is for educational purposes only and is NOT in any way trading advice.  There is extremely high risk in currency trading.  Please consult your financial professional before considering this type of risk)Best regards,Pat Arcadipane
Chief Executive Manager
Cashmechanics.com 

Update: Trade closed on 2/23/10 10:30 am at 1.3530 for a  +122 pip profit. 

Update: Moving Stop Loss to Break Even +1 at 1.3651.

Get cash back when you trade. CLICK HERE
Play of the Week
Be sure to check out the Cashmechanics.com website for updates.

On the Home page, look under “What’s New”,

Play of the Week.

EUR/USD- To trade with bias skewed lower; looking for shorts at 1.3652  

Play of the Week:

I am looking to go short at: 1.3652 area.  

If filled, my protective stop is 1.3743

My profit target is 1.3500

Risk =  91 pips   Reward = 152 pips

 (disclaimer: this trade is for educational purposes only and is NOT in any way trading advice.  There is extremely high risk in currency trading.  Please consult your financial professional before considering this type of risk)

Best regards,

Pat Arcadipane                    
Chief Executive Manager

Update: Missed the entry by 5 Pips, removing the OCO Order No Trade

Get cash back when you trade. CLICK HERE

Play of the Week

Be sure to check out the Cashmechanics.com website for updates. On the Home page, look under “What’s New”, Play of the Week.

EUR/USD- To rebound; looking for longs at 1.3575

Play of the Week:

I am looking to go long at: 1.3575 area.

If filled, my protective stop is 1.3482

My profit target is 1.3723

Risk =  93 pips   Reward = 148 pips

(disclaimer: this trade is for educational purposes only and is NOT in any way trading advice.  There is extremely high risk in currency trading.  Please consult your financial professional before considering this type of risk)

Best regards,

Pat Arcadipane
Chief Executive Manager

Update: Today with the News that the German Government will work on a bail-out for Greece we were Stopped out of the position for a -90 Pip Loss

Cashmechanics.com^tm

Get cash back when you trade.  CLICK HERE

Play of the Week

Be sure to check out the Cashmechanics.com website for updates. On the Home page, look under “What’s New”, Play of the Week.

EUR/USD – To trade with Bias skewed Lower – looking for Shorts at 1.3695

Play of the Week:

I am looking to go short at: 1.3695 area. 

If filled, my protective stop is 1.3785

My profit target is 1.3558

Risk = 90 pips   Reward = 137 pips

(disclaimer: this trade is for educational purposes only and is NOT in any way trading advice.  There is extremely high risk in currency trading.  Please consult your financial professional before considering this type of risk) 

Best regards,

Pat Arcadipane

 Chief Executive Manager

Cashmechanics.com