SwissTradingSchool

GE, EuroDollar Futures 3 Month - Breakout on Ascending Triangle

Long
CME:GE1!   None
CME:GE1!
Perfect Breakout of the futures on EuroDollar, derivative contract on the interest rate paid on such deposits.
Also in this case there is an excellent potential on the Risk Reward and also the Winrate on the bonds that we follow often have a high percentage of realization.
A "Eurodollar future" is a cash-settled futures contract whose price moves in response to the interest rate offered on US dollar-denominated deposits held with European banks.
www.cmegroup.com/tra...stir/eurodollar.html

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