Wednesday, April 18, 2007

EURODOLLAR THUR 4-19-2007


I didnt have a chance to say this earlier but look at the chart and see thay yesterday we had an up close on lower volume on the daily chart. This is an idication that buying momentum has slowed and I would expect a down day today. I don't have time to go into the details but use your LCM rules if you trade intraday with an eye for a short. When you see this setup you want to short near the high of the prior day's bar. It may be too late for that now so I would only look to go short on a pullback near the high of yesterday. Of course use your pivot rules.






Jerry. Email me! click here



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