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.
Saturday, 10 May 2008
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