07/23/2012 Example Trade

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Jul 232012
 

Europe was in focus this morning with debt problems in Greece escalating once again and Spanish bonds rising to post euro-era highs.  The European markets sold off hard and the US markets opened down significantly.  Shortly after the cash open, the ES retested the overnight low which did not hold and the ES tumbled into the DTG 36.50 level, setting up the first US session trading opportunity. Continue reading »