FXE _ SHORT SALE

٢٨ أكتوبر ٢٠١١

Sell short the EuroCurrency: This appears to be an inside-day which is a set-up for a short sale. Sell breaking under today's low on Monday or simply go short now with a stop over Thursday's high (or 3 average ranges or 3.5 points up from your entry). This almost euphoric rally has put the Euro right back into the HEAVY area of distribution from May through August. I would also imagine that we could see new lows and that this rally has convinced everyone that the Euro is back on track. This is the ideal time to short.