Tuesday, May 22, 2018

22 5 2018 EUR Position reduced

TL continues to lose value against USD and EUR.
EUR/TL hit the next target at 4,4746. 
15.978,72 TL worth EUR is exchanged to TL and allocated to monthly interest account #2.

EUR/TRY  Next Target :5,85-5,9 Position will be increased around: 5,00-5,05


USD/TLnext target :4,75-4,8. Position will be added around 4,1-4,15.
Target : Initial target 135. 000-140.000. Position will be increased gradually if the market will go down further, to around 115.000-110.000.


 Initial Target :LONG TERM hold /  Position will be increased around: 165-170


To summarize: Fund return in TL is now over Interest return, BIST 30, EUR/TRY and USD/TRY returns since inception (15.09.2015). Only GOLD/TRY return is better than fund  return at the moment.





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