Buy June Euro. with CTGFutures Nested Trading Systems.
In the upper chart (150 Tick) note the system is in Buy or Long mode. We then trade Buy/Long signals only on the 30 Tick chart below. We will hold this position until the 30 Tick System exits the position. The current position is open as the US$ remains weak early Thursday morning. As long as the 150 Tick chart remains in a long position we will continue to execute longs with the 30 Tick system. This position is forecast in CTGFutures Weekly Trade Plan for March 16, 2009. You can download the PDF File for free.
Trade Update: This position was closed out at 1.3501 for a profit of $262.50 per contract traded.
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