I was briefly up on the month yesterday. Gold and oil broke downwards, but have subsequently returned to their trading ranges. I am considering exiting both positions.

New trade — short EUR/JPY — entered today. It turns out that I was right to wait yesterday. A much better entry level presented itself today. This doesn’t mean that the trade will work, of course.

CURRENT POSITIONS
Short EUR/JPY
Short Gold
Long Long Gilt
Short Cocoa
Short Soybeans
Short US Light Crude

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