Sunday 17 February 2008

looking for uncorrelated trades

Me is contemplating potential trades for the following week. Astounded at the correlations between different asset classes that used to be uncorrelated or correlated loosely. Now, almost every trade I study is likely to be correlated with some position I have already. Me is contemplating exotic assets like rapeseed, carbon emissions or ISK.... Any ideas?

Friday 15 February 2008

update

On GBP/CHF short:

the las target has been hit. position is closed at 213.70
I wish every trade I put on went as smooth as this one.

trade update

On GBP/CHF first and second targets are hit. SL moved to 215.50 , on touch of 213.70 the position will be closed.

Thursday 14 February 2008

adjustment

Short on GBP/CHF - stop loss moved to breakeven.

trade of the week

Short GBP/CHF @ 217.50 stop 218.70 target 1 - 216.50 , target 2 - 215.00, target 3 - 213.70
wish me luck.

Thursday 7 February 2008

Time to buy some SPY puts

The title says it all... some rationale for the trade will be posted later...