Support and Resistance Trading Forum

Re: Eurodollar
By:Erich (vendor, CTA)
Date: 1/8/2009, 12:34 am
In Response To: Eurodollar (Erich (vendor, CTA))

The ED got close Wednesday, but not close enough to find our entry order to buy the resistance.

Wednesday’s session has me confused. The day was small, lacking momentum, but it did move higher; however not high enough to break resistance. On top of this, the Bonds, which are the ED’s sister market, moved lower!

All this conflicting information is keeping me FLAT for Thursday. If the resistance holds I’ll probably be a seller Friday.

Erich

Responses To This Message

Re: Eurodollar
Erich (vendor, CTA) -- 1/9/2009, 12:12 am
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