Saturday, May 22, 2010

FXE (ETF for Euro)

Many of you don't trade futures. On 5-17 I posted to get long on the Euro futures (see archive +122 pips), which I did when the setup confirmed. Now I'm posting the chart for FXE which looks like it may be setting up for a long position. It's definitely worth a look.
See chart for my entry and stop Target 129.59... For those of you that are more conservative or cautious, you may want to wait for a pullback to 123 or 123.50... Hope it helps

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