a quick update to the current LONG trade in the Cash/Hedge Model Portfolio.
The original trade was:
LONG 6EU12 at 1.2237, stop at 1.2050, profit taking at 1.2780. Target confirmed above 1.2490.
Now moving the stop-loss higher from 1.2050 to 1.2257. This will lock in a dismal but positive 0.16% gain, a risk-free trade (initial risk was 1.53% of account).
Have a great day.