Game Plan: 01/11/2012

Market:  Eurex EURO STOXX 50 Index Futures, $FESX_F

 

Range:  2510/2480

 

Reason for trade:  The move in the Eur/$ is not supporting longs, therefore we kept our short stance, the first longs will try to enter the market around the 2480 level, although the 2510 breakout will lead the market to test the 40 level. US Macro will help today in reaching range extremes.

 

 

 

 

Originally posted at www.77sigmatrading.com

Market News and Data brought to you by Benzinga APIs
Posted In: ForexMarketsTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...