Commodities / Forex/ Equities

Fractals point to completion of commodity correction. Accumulated a large long position on  GSCI futures (Goldman Sachs Commodity Index Futures). Will keep pyramiding up as markets rally. Took on a small long position again in corn futures with a tight stop at the 353 level.  Continue to carry a timid long position on the Nikkei futures which shows some promising signs. Overall my largest positions and exposure is in the forex markets were volatility continues to rise with the uncertainty surrounding Greece. Might open up a pandora’s box for the EU with Portugal, Spain and italy next on the list.

Forex: Long GBP/AUD, Short EUR/SEK, long USD/JPY, long US Dollar Index futures

Interest Rates:

Eurodollar December 2011 perceived fractal has not proven as expedient as I had hoped. I however continue to carry a short position. If these markets can touch the 97.300 level I will increase shorts to over 100 contracts.

By Andrew Shawn – Recursive Investments in Global Financial Markets

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