Monday, March 16, 2009

EC and Dollar index

Just for a short term trade, I think you can buy the June EC at 1.3005 with a 35 tick stop (1.2970) and look for 1.31 profit target.

Reverse trade for the dollar index would be selling the June dx at 87.30 with a 25 tick stop and look for 86.75.

There is a substantial risk of loss in trading commodity futures, options and foreign exchange products. Past performance is not indicative of future results