Trade Update

SHORT EUR/GBP now at +150 with price now attacking the .8500 handle. This level coincides with the 200sma on the DTF so a dip and hold below here opens the way for a move much lower.

SHORT NZD/USD from .7196 – this trade is negative 80 with the price pushing higher into resistance at .7265. We are holding for now but we are looking to exit.

LONG GBP/NZD from 1.7298 is now 1.7362 (+64). Plenty of room north so we are holding this trade

LONG GBP/USD from 1.2463 is now at 1.2615 (+152). GBP showing no signs of reversing and targets 1.27779 resistance.

SHORT SPX500 from 2289. This trade looked certain to be in the money following Trump’s inauguration but stocks have got a second wind and ¬†we now stand at -5 at 2294. Holding this trade for now as RSI is overbought on DTF but any sign of sustained strength and this trade will be closed.



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