So those profligate Greeks are getting their bailout... seems like they announce the same thing every few days, and it's an excuse to run the Euro up a few hundred pips. The open trades were looking great going into Friday morning. Things just got worse from there especially with Sunday evening's blowout rally in EUR. Sometimes it's just my turn to be on the wrong side of such moves... but it still isn't any fun. What had been looking like a nicely profitable week turned into a marginally losing week. Bummer.
We have the holdover GBP/JPY short from last week. It's not looking too healthy, but it hasn't been stopped out yet...
Otherwise, here are the trades that have been opened so far:
Long 263 USD/CHF at 1.0614 with stoploss at 1.0534
Short 379 EUR/CAD at 1.3643 with stoploss at 1.3755
Short 428 EUR/USD at 1.3612 with stoploss at 1.3711
Short 402 GBP/USD at 1.5406 with stoploss at 1.5511
Short 292 AUD/USD at 0.9291 with stoploss at 0.9363
Nothing to do but keep taking the trades as they come...
Current account equity: $89.57
Tuesday, April 13, 2010
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