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Aug 1

Position Update

Time: 17:43 - Tags: Position Update

I made a quick 95pips on a GPB/JPY short today,but my Gold and EUR/USD positions are still way in the red..

After the NFP and Unemployment Rate are now priced in and the Euro showed some strenght after the first sell-off on those news, I added another EUR/USD position.

The longtermtrend is UP and the Cost of bailing out the US Financial System will drive the Euro much higher soon .(in my humble Oppinion!)

I also search for Options to add to my Gold positions..but this could need some more time.

 

Have a great weekend!

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