June 10, 2010

Aussie Dollar Futures setting up right now… hurry!

Im watching a 15-min chart of the Aussie Dollar Currency Futures contract, today was contract rollover, but im still watching the 06-10 contract.

Im looking for this short on a 2-step entry pattern, and I will take 1/2 my position off at 42 for easy trade management of this futures day trade.

Look to cover this short at 8412.  We have support @ 8400, 8405, and 8410, so to be safe, ill look for 8412.

Good luck, follow those rules, and I will keep you posted on my results!

    schooloftrade

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