Micheál Ó Cróinín

Solas M Series Portfolio goes long India ETF

Micheál Ó Cróinín | January 9th, 2012 | Tags:

The Solas Trend Following and Swing Software had a relatively quite start to the week with regards new signals as the markets continue to consolidate at their 3 month highs. This is reflected in the Solas M Series Portfolio which generated only 1 new long position in EPI (Wisdom Tree India Earnings).  The portfolio is continuing to take advantage of the ongoing Euro weakness as the current short positions in the EURUSD and GBPUSD  continue to work  in our favour with the EURUSD posting new 16month lows earlier today.

EPI – New Trend Following Long Signal
Risk Stop @ $15.77

Risk Management Adjustments on Live Open Positions
QQQ, DBA, EURUSD, GBPUSD.

Chart showing Solas Trend Following EURUSD open position

 

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