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  #857 (permalink)

La Jolla, CA
Trading Experience: Master
Platform: Sierra Chart, X_Trader Pro, OptionsCity
Broker/Data: Advantage, Trading Technologies, OptionsCity, IQ Feed
Favorite Futures: CL, NG
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Posts: 1,040 since Jul 2010
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The Euro is experiencing some short covering by the looks of everything. No real pull back as of yet and has been bouncing along a small bullish trend line. Last Friday, price went up to this past November's swing low and a low volume node which stopped price in it's tracks retraced Friday's move all the way to the low of 1.3078. Not sure if we're getting another breakdown at this point but if you're long, be careful.

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