Long a pound o' Gold

Another seasonal present: 25%
LONG Gold vs. Greenback at 821.00

A CMC Christmas

Engaged in a little Xmas trading, but was not aware that gegenspieler CMC Markets chose to do Christmas:



No heads up, and no service, no trading till December 26 ... noon!
No FX till December 28!? Feels like April 1 -- merry lesson!


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Update I: Dec 26, 10AM CET

Jolly ride. Gold celebrated Christmas below 807 USD.



No word from CMC Markets yet ... but it's likely that the German trading times (their PDF file comes with Thursday's trading times) also apply to Austrian dumb money.

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Final Update: Dec 26, 2:53PM CET

Can't believe it's not impossible to trade FX via CMC Markets today.



Sold my position (2 is a crowd) at 816.00. 15 liquidation warnings made me realize a lucky 70%.

Veni Vidi Liquidated

The CFDM is currently raising dumb risk capital -- never recovered from the ueber-dumb Uranium One wipe-out. Expect few monster trades till this fresh money is available.

XAUUSD 19-Dec-2007 XAU Price USD
FX Trade 15.00 789.90000000 (11,848.50)
FX Trade (15.00) 788.30000000 11,824.50



Excellent for my confidence!

2 steps backwards, 1 whole Gold vs. Dollar point

Yesterday's spectator (missed a solid one-bagger) turned speculator today. Forex for the first time ... Spot Gold vs. US Dollar trades.

Almost betrayed (= shorted) gold. 2 ok losses and a small score:



CMC Markets - My favorite online casino ... where "deficits don't matter."