This contract is one of my pet hates and i rarely trade( this is the first or second time in 2010) but everything has come together for a second short on the UMLP. The reaction line worked a treat and we have got to be going towards the green centre line today,plus we have the US$ going from strength to strength VS Euro,Cad,GBP and others. I went short again at 1202.50 June EP( initial 2.50 pt stop, now at B/E) in the AM Euro/UK session. If we do not make it to the green centre line today and return again to the green UMLP i will close all positions. We are currently on the yellow CL.
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