Stopped out of short EUR/SEK overnight. Since the EUR fell against everything else, it shows that I didn’t understand the dynamics here. Two trades entered this morning: short EUR/USD and short gold. These are likely to be correlated (I have shorted both currencies against the USD), but as the EUR/SEK trade shows, markets don’t always move in lock-step.

CURRENT POSITIONS
Short EUR/USD
Short Gold
Long Live Cattle
Long Long Gilt
Short Soybeans
Short US Light Crude

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