Wednesday, August 24, 2011

STOXX50E.I Trade idea:

Trade idea: Bullish (direct rise). An immediate rise is expected on the market.
Details: The market is upside oriented today. We advise to play this bullish strategy as long as the market does not go below 2178, as we anticipate a direct rise to 2348. Buy close to 2218 to play a rise to 2348. The invalidation level of this trade idea is at 2178.

Buy STOXX50E.I
Entry: 2,218.00
Target: 2,348.00
Stop loss: 2,178.00