David Fuller's view My safety first, pre-holiday strategy as resulted in the triggering of stops in three more hedge shorts in German DAX and US S&P 500 Indices. My remaining two September DAX shorts were stopped out at 7395.8 and 7421 this morning, against my sales at 7400.5 and 7424.8 on 5th May, respectively. My remaining June S&P short was stopped out at 1342 against my short at 1344.63 on 26th April. These prices include all spread-bet dealing costs.

I would like to have some stock market shorts as a partial hedge against my long-term equity positions but will trade less due to my forthcoming holiday when I will be away from 25th May, returning on 6th June.

I increased my CAD/JPY (weekly & daily) long by a third this morning, this time buying the September contract at ¥84.328, including the spread-bet dealing cost of ¥0.14.