My personal portfolio: Nikkei long trade opened
Comment of the Day

July 06 2010

Commentary by David Fuller

My personal portfolio: Nikkei long trade opened

David Fuller's view Aside from topping up my investment portfolio I have not been doing much recently because it is too easy to lose money by trading in this choppy environment. Nevertheless having commented that stock markets were oversold recently, I opened a long position in Japan's Nikkei 225 futures contract this morning on seeing the upside key day reversal in Tokyo. I paid 9493 for a September contract but was disappointed to see the yen reverse today's earlier losses against the dollar and Wall Street lose its pre-opening gains.

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