My personal portfolio
Comment of the Day

March 21 2016

Commentary by David Fuller

My personal portfolio

An in-the-money trade closed and a stop triggered

David Fuller's view

I have closed out my three longs in the German DAX Index, because risks are presumably rising now that DAX and other stock market indices have seen rallies from their mid-February oversold conditions.  Also, DAX has at least temporarily lost upside momentum near the psychological 10,000 level and beneath the 200-day (40-week) MA.  Consequently, June contracts were sold this afternoon at 9988.5, against a purchase at 9854.1 on 26th Jan, plus two other equal sized trades which were rolled forward at 9908.8 on 17th June.  

Additionally, a slightly in-the-money stop was triggered today in one of my four long Platinum trades.  Consequently one-quarter of my April long positions were stopped out at $965 against my purchase at $961.7 on 14th March.

These prices include all spread-bet dealing costs. 

Back to top

You need to be logged in to comment.

New members registration