My personal portfolio:
Comment of the Day

December 13 2010

Commentary by David Fuller

My personal portfolio:

USD/JPY long trade rolled forward at small loss; a breakeven stop triggered in corn

David Fuller's view This was my second losing rollover in my USD long against the Japanese yen, so it feels a bit masochistic. Nevertheless I will give this trade a little more time to work out (hopefully), as the Japanese government seems serious about weakening its currency. My December USD/JPY longs were sold at ¥83.75 on 10th December against my purchases at ¥84.07 on 15th September, and I simultaneously purchased March longs at ¥83.73.

Lastly, one-third of my corn longs were stopped out on 10th December at $5.67 for the March contract against my purchase at $5.656 on 6th December.

These prices include all spread-bet dealing costs.

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