Added another 1m Euro and bought USD at 1.5600 yesterday. So total position is now short Euro 3m long USD at an average of 1.5160.
Still well in loss, but I believe the USD is oversold and the Euro still has a number of issues ahead of it as the sub prime losses spread to European banks.
Will add to AUD long position if 0.8900 is seen in next few days.
Still waiting for good levels to short NZD against the AUD.
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A totally irrelevant view of markets, life, the universe and everything in between.
About Me
- Kiwi Trader
- This blog is about sharing my market trades, as it helps the decision making to write about it first. It will be a bit of market analysis, a bit of trading, a lot of blonde watching, and if I get time, a bit of an opinion on stuff topical at the time....
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