Wednesday, August 5, 2009

Wednesday 05 August

Slow day not much moving waiting for USA. Going to try and stay out of the chop. I might trade crude, inventories today.

Cable. I had a resting order for long above highs at 1.7025, stop below the IB at 1.6955. Topped and tailed. (-1.0%)

In anticipation of inventories:
Crude short 71.25, stop 71.75, target 69.75
Crude banked 50% @ 3xR 69.75 (+1.5%)
Crude balance stopped out (-0.5%)

+1% for the day

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