Wednesday, January 14, 2009

Cancel the EC

The EC rallied back to 1.3164 so we missed the re-entry and now it's too late for a short term trade.  I feel the Dollar index can continue higher and the EC can move lower.  I can't tighten up the stops any from the Daily Buy/Sell levels for an overnight position.  We will most likely look to sell EC again tomorrow and/ buy the dollar index.


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