07 February 2014

Copper : Short HGK4 @ 324.30

  • Out of long trade now. In the end, holding period turned out to be intra-day only before gratification so did not have to put up with too much discomfort for going counter-trend.
  • Reinstated short position in HGK4 at 324.3.
  • Full expectation of making a fresh low below 317.75.
  • Not done with this yet. Will add on higher up.
  • Risk for NFP : Weak number = higher HG (delayed tapering) but not sustainable if growth is weak. Risk asymmetrical then.


Taichiseal said...

Added at -322.30

Taichiseal said...