EuroStoxx Long Futures Sep 21'20 Contract

3 Tem 2020

Trading Sep Futures with a Long bias based on the thesis:
US DJ, S&P rally seems to be peaking on its post-COVID rally.
ECO data out from the US generally seems strong as well.

Believe that international indices like NIFTY and STOXX will follow-suit.

Risk: Most of the rally has been done, hence watch for range trading from now till Sep.

3 Tem 2020

İşlem aktif

Bought Sep18'203,294

15 Tem 2020

Not

Vaccine speak grows louder. multiple take profits. current Sep18'20 average price at 3,348 and breaking even currently.

16 Tem 2020

İşlem kapandı: durdurma seviyesi

Position closed at 3381. Looking for re-entry.

17 Tem 2020

İşlem aktif

Re-entered Sep18'203,367 . no slope

20 Tem 2020

İşlem aktif

Average price Sep 18'203,360. EU leaders are gathering to discuss stimulus measures but are not yet coming to a consensus. I believe that they want to do something so markets may remain flat or inch upwards in anticipation. I will build a small position as diversification from my larger NIFTY position and as a bet that EU leaders eventually reach a consensus. Currently, news-flow indicate a rotation into EM economies.

21 Tem 2020

Not

EU leaders reach an agreement. Added more in Asian hours in anticipation for Europe.