Trade Alert: Closed Long Usd/Zar


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JFx Special Situations portfolio closed out its long Usd/Zar position at 10.8190. I was looking for 10.8800 but the risk-off sentiment on the Asia open took this pair 5 big figures higher so I’m taking the profit here. The net profit is 1,375 ZAR pips/ 127 USD pips.

Note: A trade size of 100,000 in the base currency. Pips are shown in currency terms and US dollars terms. US dollar equivalent pips are used to normalize the model’s returns.



Categories: Special Situation Trades, Trades

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  1. USD ZAR CARRY TRADE 2014

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