Archive for the ‘Futures’ Category

Monday, June 15th, 2009

EURO Head & Shoulder top Reversal? 400 pips coming?

Euro futures (e7m9) showing signs of H&S reversal. Pattern also showing up in GLD (ygm9) and as an Inverse H&S in Dollar (uup). 
Target of this trade would be the distance from the head to neckline (1.43 to 1.39=400 pips) subtracted from the necline ( so 1.39-400 pips=1.35).

Posted in Forex Trading, Futures | No Comments » | Email Us

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