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August 4, 2008

Mon, Aug 4 2008, 14:13 GMT
by Mihai Nichisoiu

Mihai Nichisoiu


My most recent attempt to take benefit of a depreciating yen failed again, as a long AUD/JPY position opened July 21 at 104.40 was stopped out last week at about 101.50. I also dumped a long AUD/NZD bet (opened July 21) near breakeven.

On the other hand I'm keeping a long European stocks exposure, although the positions involved are rather small.


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Mihai Nichisoiu  | Bucharest, Romania
http://www.mihainichisoiu.com | mihainichisoiu@gmail.com

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Past performance is not necessarily indicative for future results. Opening, holding, and closing out positions in leveraged markets bear a terribly high risk of massive losses. This report is provided solely on an 'as-is' basis; no guarantees of any kind are involved whatsoever.


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