Posted by: Bevan | September 14, 2012

Trading Commentary August 2012

A small profit for August – thankfully we avoided too much whipsawing in what can be a thinly traded month with some strange moves.  The politicians of Europe were away on holiday so no madness there, just the gentle meandering as everyone waited for the High Priests of the Central Banks to come down from the mountain and reveal whether they would be spraying more money into ‘the banks’ (or via some other innovative new means of economic control).

There were a couple of trades closed for us, a smallish profit on the Euro and a reasonable one on the Eurodollar.  These were tempered by losses on the Yen (last Long trade for a bit probably) and Live Cattle (a difficult market to trade with a trendfollowing method but in the portfolio for diversification.


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