After closing FXP, the P/L looks like this...
We have over a +23.5% gain as we closed out at $56.53 rather than $56.18.
Here's where we entered FXP long (white) and today's exit (red). I do look forward to re-entering FXP as the longer term trend in 3C supports a lot more upside, but for the time being, I'd rather take the gains and wait this out as it is screaming pullback.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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