Friday, April 29, 2011

2011-04-29th (Fri)

At the end of the previous trading session I had the following positions;
Long 30 contracts Copper July 2011 with ACB of 426.15

Buy 10 contracts Copper July 2011 at 420.00 (2011-04-29, 09:52 am EST)

Currently I have the following position;
Long 40 contracts Copper July 2011 with ACB of 424.61

Copper July 2011 closed today at 418.53

I continue to hold my Thesis of a weakening USD and have decided to play it in the following way;
pending GTC Buy-To-Open 200000 USDCAD at 0.9350
pending GTC Buy-To-Open 200000 USDCAD at 0.9200
pending GTC Buy-To-Open 200000 USDJPY at 81.000
pending GTC Buy-To-Open 200000 USDJPY at 80.000

USDCAD closed today at 0.9450
USDJPY closed today at 81.2180

I had written in my 2011-04-19th (Tues) report my thoughts of trading AUDUSD at 1.05863 (2011-04-20, 02:10 am EST) but I missed that trade because I was occupied by other trades and AUDUSD closed today at 1.09692.

Stay Tuned for the Royal Wedding tonight!!!

Jeff
(2011-04-29, 18:34 pm EST)

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