Eoin's personal portfolio: profit taken on currency trade and a number of orders to open triggered in commodities
Comment of the Day

June 03 2016

Commentary by Eoin Treacy

Eoin's personal portfolio: profit taken on currency trade and a number of orders to open triggered in commodities

Eoin Treacy's view

I have been commenting in the Subscriber’s Audio about the fact that precious metal prices have been falling but short-term oversold conditions are evident and reversions towards the mean have occurred for both gold and silver. Orders to buy all four of the precious metals were triggered today following the jobs reports and a stop was triggered in my Canadian Dollar long.

I bought July Silver at $15.95, July platinum at $$975.3, September palladium at $540.47 and August gold at $1235.24 including spread-bet dealing costs.

I also opened a long in Bitcoin paying $555.10. The crypto currency is very volatile so I have managed the position size accordingly but it continues to hold its breakout from what was an orderly medium-term range.

My long in the US Dollar against the Canadian Dollar opened on May 3rd at $1.26822 for a September contract and increased on May 12th at $1.2840 was stopped out today at $1.3034 including spread-bet dealing costs.  

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