20 April 2011

ED Futures : Short EDZ1 Again @ 9952

  • Previous attempt - sold at 9940 stopped out at 9945.5.
  • Try again at 9952. Stop above 9954 = contract lifetime high.
  • Trade not based on technicals. Think market under-pricing risk of Fed having to put up rates. Too relaxed about inflation risks. Also weak USD will not remain non relevant forever.

No comments: