My personal portfolio:
Slightly in-the-money stop triggered on AUD/JPY long
David Fuller's view This was an escape, as I bought
AUD/JPY (weekly & daily)
too soon, in anticipation of Japanese intervention to weaken the yen. When it
finally occurred yesterday, it pushed the position into profit, which I would
have done better to take but instead placed a slightly in-the-money stop. Australia's
rate cut this morning ensured that this was triggered. Consequently my December
long position was stopped out at ¥81.400 against my opening purchase at
¥81.247 on 7th September. These prices include all spread-bet dealing costs.
My only
remaining trade at the moment is a long position in December gold futures.