My personal portfolio
David Fuller's view (FXC LN) (weekly & daily)
this morning, as strength following the yuan revaluation may lead to a resumption
of the overall upward trend following a lengthy consolidation. I paid 8093.04p
for this latest purchase in one of my long-term investment portfolios.
In
my trading account, a breakeven stop was triggered for the more expensive half
of my gold futures longs. Consequently
an August long was sold at $1246 against my purchase at $1245 on 8th June. On
seeing gold weaken further, forming an upside failure at $1250 and a downside
key day reversal, I sold the second half of this position at $1240.9 against
my purchase at $1220.9 on 14th June. Downside follow through tomorrow would
suggest scope for an additional reaction. Lastly, I reopened a short position
in US T-Bond futures, selling the September
contract at 123.21. However this may be premature given the tail which developed
on today's trading.
Prices
on futures trades above include spread-bet dealing costs.