Wednesday, May 20, 2009

Wednesday EIA

Summer Drive time -the pound is at new heights Futures are up
And we have definitely not had our best week as far as overnight pricing goes
Even or running the EIA I am taking a look at the break out a July stands alone at the front of the month. Some traders should wait for a pull back I with a stop in place am going to take one  flier  at the buy side on the slightest of pull backs as long as futures and pound remain high
then next buy area low 59 Seller 62.5 Newer members should wait for EIA and enter after
determining bullish or bearish this is an aggressive trade and most member should wait for pullback to buy 



 


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