Saturday, 10 May 2008

Position update

Here are the trades I am active in:

NZD/JPY
Square

NZD/USD
Square

EUR/USD
Long USD short 3m Euro at average of 1.5160

Current rate 1.5480: loss

Comment:
Watching and waiting for a turn in the EUR/USD back below 1.4500.

AUD/USD
Long AUD1m short USD at 0.8720

Current rate 0.9430: Gain

Comment:
Will probably take profit on next test of 0.9500, and will cut and bank the money if below 0.9200 is seen.

Total Gains to date:
NZD266,412.00

Next trade:
Looking to sell NZD1m buy USD on a move into the 0.7900 - 0.8000 area.

No comments: