Ouch,
Only just got in as I was at my Great Aunt's funeral today - she was 99 so had what we would say in England as a 'good innings'.
When I left this morning my trades were sitting very pretty but it appears the US housing data has poured water on the fire so to speak.
GBPUSD has been stopped out for minus 89 pips but the other trades are still hanging on in there (just).
The other trades were all well in profit earlier but apart from UCAD (never seems to be affected like the others) are now struggling. UJ has come back to over 118 again and s/l can be brought to break even.
I've half a mind to short GU again later as it has struggled to break 1.9720 today as well as a couple of days ago. To me it would be a fairly low risk trade and it looks like it may be topping out for now.
Disappointing day all in all but still up over 5% this month.
March pips: +384
Cumulative since Nov 06: +1443
Kind Regards
Steve
Only just got in as I was at my Great Aunt's funeral today - she was 99 so had what we would say in England as a 'good innings'.
When I left this morning my trades were sitting very pretty but it appears the US housing data has poured water on the fire so to speak.
GBPUSD has been stopped out for minus 89 pips but the other trades are still hanging on in there (just).
The other trades were all well in profit earlier but apart from UCAD (never seems to be affected like the others) are now struggling. UJ has come back to over 118 again and s/l can be brought to break even.
I've half a mind to short GU again later as it has struggled to break 1.9720 today as well as a couple of days ago. To me it would be a fairly low risk trade and it looks like it may be topping out for now.
Disappointing day all in all but still up over 5% this month.
March pips: +384
Cumulative since Nov 06: +1443
Kind Regards
Steve