Registered: Mar 2009
08-06-12 02:59 PM
Quote from Tsing Tao:
U/H is up approximately 1500 pips at this point. Will watch closely for resistance in the 243 range and take profit accordingly. Stop moved just below 230, locking in about 450 pips of profit.
A/C is up approx 75 pips, still waiting for major AUD breakdown to occur, though inflows in rush to safety of AUD debt is slowing what should already have occurred. Stop moved to break even.
U/J still alive, not looking all that hot, down about 40 pips.
Other positions I have in short EUR/TRY (doesn't count because I didn't call them mention them ahead of time, so talk is cheap) are looking nice from 2.29 - these are great carry pairs that are relatively safe (due to EUR weakness).
Sorry about the lack of updates, was on travel. The U/H stop was hit, 450 pips of profit, gave $4,891 in profit.
A/C was stopped out at break even.
I have gone long U/H just now once again at 222.67, again with a profit goal in the 240 range. My stop for this trade is near 218.