If anyone is wondering why someone who owns a private jet charter company is trading full time then this news from NetJets might help to explain. I am no fan of fractional ownership but these guys are the biggest fish in the pond, have the lowest operating costs and if they are not making it then no one is. More aviation companies in the US have failed this year than banks and thats saying something.
Slept in this morning for NFP day and then got up for the shocking headline CAD employment numbers (so much for green shoots) although beneath the numbers it was not that bad. My AUDCAD short not looking so pretty.
I have two small positions running, short crude and AUDCAD and if I don't like what happens after NFP I might take the rest of the day off.
GBPJPY short 149.85 stop 150.35
CRUDE addition 78.99 stop 79.29
CRUDE addition closed 77.00- trendline support (+6.63%)
GBPJPY closed 149 - dbl bottom (+1.7%)
AUDCAD balance stopped out (-0.5%)
CRUDE short 80.85 stop 81.15