What a disappointing week!
The following are positions initiated and stopped out.
Short Positions (Initiated and Stopped Out)
Entergy Corp
PG & E Corp
These are the stopped out positions
Short Positions (Stopped Out)
GBPAUD
Overall a profitable trade.
EURAUD
Overall a profitable trade as well.
The following are the newly initiated short positions
Short Positions
Mapletree Logistic Trust
SATS
Wing Tai
Wal-mart short position is still alive.
This is a treacherous week. I am thankful the forex trades are able to cover these losses with profits. Let’s see when the bull will run out of steam. As trend traders, we can only participate. In the meantime, trade carefully.
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