Friday, 30 April 2010

GBP position update

Took a loss on my short GBP1m position at 1.5278 (short from 1.4990) of USD 28,800.

But went long GBP1m also at 1.5278.

I figure that enough bad news is already priced in. We'll see.......

10 comments:

Heine said...

I'm off to the blonde festival in 4 weeks mate :)

jesuscheung said...

hi kiwi,

looks like your positions are having a tough time. this market mess will end soon, after all euro rescue package is as big as the one US made a year ago. If that much money worked for the US, it will work for Europe too. I bought some pounds too at 1.43

trader_nz said...

Kt any good buying at the moment in your opinion ..tempted by audjpy at these levels

FFXD said...

Nice blog... are you not trading anymore?

Kiwi Trader said...

Clint that is just not fair!!

I expect a full report back!

Kiwi Trader said...

Jesuscheung

Positions will come right, but admit it is tough going at present!

Kiwi Trader said...

TraderNZ
Any buying of AUDJPY under 80.00 will be good buying in a few months!!

Kiwi Trader said...

FFXD

Still trading, but do not have as much time as I used to for this blog. My private clients take up far more time these days!!

peterquixote said...

yeah, see you there Clint, I'm going to the blonde festival also, trade in the nz blonde at any price, she just sat around and did nothing

Michelle Hyder said...

What you are talking about is gain and not loss aren't you?