HSBC's position was closed as I placed at stop-loss at 330 which was breached early yesterday morning after the mass sell off in Hong Kong. BoA, however, seems so far a good long position. Have 36 pts in the pocket and should expect at least a mini-rally today as stock market is pointing to a positive opening.
A$/¥ cross is doing well. Long @ 62.57 with a target at 65.00. The hope that repatriation of ¥ for some window-dressing accounting as the 1st quarter comes to an end may not be enough to pop up the currency. There simple aren't much earnings to repatriate when they are making losses, huge losses. Australia is the only western country which hasn't officially gone into recession. Can be a good bet here.
Current Bal (excluding open P/L): €132,685
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