Eoin personal portfolio: in-the-money stop introduced on a commodity position and two new currency positions opened
Comment of the Day

February 03 2015

Commentary by Eoin Treacy

Eoin personal portfolio: in-the-money stop introduced on a commodity position and two new currency positions opened

Eoin Treacy's view

Following the continued rebound in Brent crude I introduced an in-the-money stop on my long position, opened on Friday. 

On seeing widespread Dollar weakness during my daily click through of global markets I opened a long in the March Euro/Dollar contract paying $1.1501 and a long in the March Australian Dollar/US Dollar contract at 78.095¢. These prices include spread-bet dealing costs. Opening these trades a couple of days earlier would have been better timed and as a result I have limited the position size relative to my oil trade. 

 

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