My personal portfolio:
Comment of the Day

July 12 2011

Commentary by David Fuller

My personal portfolio:

CAD/JPY stops triggered

David Fuller's view I have had another reminder that this remains a choppy trading environment in which profits can disappear very quickly. Last Friday I closed one-quarter of my CAD/JPY (weekly & daily) longs following a rally, and should have taken profits on the remainder as well. Instead, I protected it with a slightly in-the-money stop which was triggered today during the seemingly unrelated euro region sovereign debt crisis. Accordingly, my remaining September longs were stopped out this morning at ¥82.300 against my purchase at ¥82.021 on June 10th

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