01 February 2013

EUR/GBP : Breakout!

  • Too bad I got shaken out of my short cable position at 1.5828. Contemplated for the longest time re-selling when it traded back down below 1.5825 after making the high of 1.5877 this afternoon. In the end, did nothing out of respect for the looming NFP.
  • Of the hedges stopped out, I chose to re-establish the short Copper. That's now out of the money. If only ...
  • Looks like will have to pass on the EUR/GBP trade. Too many positions to do them all justice.

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