Wednesday, January 27, 2010

Wed. 01/27/2010 - Euro FX Futures Review/Analysis

Euro FX (EUR/USD) Futures
So far, I'm really liking the price action in 6E. It's a trader's market offering swift swings in both directions. I traded the 6E today, and the Key was to keep losses small (that's true of trading any market though). The instrument offers more than enough entries, so I just focused on keeping losses to a minimum and re-entering at the next setup. The rest took care of itself. Going forward, I'll definitely be focusing on 6E in addition to ES.

EC/6E 10-Minute Chart for 01/27/10

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