Sept 2 position

1 message attach_file 1 attachment

To: Cc: Bcc:

expand_less

Hi Jeffrey,

Attached please find the Sept 2 position. The realized gain increased by the $28 k option premium that resulted from the barrier level trading in USD JPY. The USD sold off vs the AUD, GBP and the NZD today. The USD rallied against the CAD and the JPY.

I have separated y t d p/l from Sept p/l so that the numbers mean more.

Hopefully the AUD will stay above .88 going into next Monday. As I write this it is approx .90, which is good. I know it's not BRL, but I think that we are realizing some good gains. In the weeks ahead volatility will likely increase as Congress considers standing behind Obama and attacking Syria. Liquidity in restricted currencies can disappear at the trader's will. I prefer that we trade liquid easily currencies at a time like this.

Laurie

visibility_off Contains redacted content