The trading log have been updated to reflect the latest changes.
The market has been very jumpy this morning and pretty much headline drive once again.
The Euro had a weak tone overnight, then a stronger than expected IFO sent it pretty much 90 pips straight up. Then news out of Italy that Unicredit and Intesa has been suspended after their shares falling about 3%. In addition ECB's Paramo comments that recovery is subject to high uncertainty.
This market climate is a bit more jumpy than I prefer, so I will likely make further adjustements especially to the S&P emini structure as we approach the US market open.
Link to trading log: here
Good luck
Daily blog with thoughts and comments on the futures and forex markets through the eyes of Per-Erik Karlsson, Ceo at Avantage Financial, Switzerland.
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