30 January 2013

Copper : Short HGH3 @ 374.40

  • Core book risk very much skewed to Recovery/Good News.
  • Initiated short HGH3 @ 374.40 to counter-balance a bit.
  • Also just made use of 192k ADP data to take profit on half of US 10yr Note position. Covered at 131-00.
  • Weekly Copper : Triangle Right Shoulder. Current level is near the upper triangle edge, thus good level to put on my hedge. Still think we eventually break on the downside.

1 comment:

Taichiseal said...

Broke out of triangle upside.
Stopped out HGH3 @ +376.90