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Friday, March 13, 2009

Mar 13/09 Long Euro

Recommended Futures Trade:
Buy June Euro. with CTGFutures Nested Trading Systems.
Euro. - 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 10 Tick chart below. We will hold this position until the 10 Tick System exits the position. This trade demonstrates how the position is quickly closed as the market turns against our position. A profit of only $50 is achieved however notice how the market turned down and the 150 Tick has itself now reversed. This position is forecast in CTGFutures Weekly Trade Plan for March 9, 2009. You can download the PDF File for free.

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