Friday, 30 January 2009

Okay - we're boring ourselves here

But in the spirit of keeping this blog constantly updated, we have just put in an order to buy some AUDJPY for the March IMM date at 0.5720 with a stop around 0.5600 area (risking 2% of our portfolio) - we actually went to buy it at 0.5710 but it kept running away from us. Now at 0.5740 so we won't chase. Another risk-postive play for a very bullish MCFX - losing your job must give you this confidence! If it runs away from us, we'll be very happy due to our long equity position.

MCFX is going out to be cultural and watch a string quartet.

Good luck!

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