Monday 21 February 2011
Euro trade cont
I have to leave the office now but have a look at the interaction with the Ensign RL#s and fork and also the failure to make a decent penetration of the CL shown in those charts. If the market doesnt follow through then you can usually find the culprit. Price as literally walked into a wall. Profit loss stop on one or both contracts will be at 1.3660 just below the RL shown in the MT chart after i leave. Markets becoming a tad thin anyway with our US neighbors having a mkt holiday today.
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just to prove how unpredictable the flow of the market is in emini trading. Certain changes can happen in just a moments notice which could result into profits of disaster for some traders.
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