Friday 25 March 2011

EUROSTOXX Short

I got short the Eurostoxx June at 2846.50 average. I don't normally fade the opening price but it looked like a clear setup to me at a good resistance level with a great risk/reward. See chart below. We have to break 2840 and lower to get momentum increasing to the downside. Just thought I would share some of my setups.

EUROSTOXX June 60mins: