11 1 2017 Update

USD/TL hit the target too fast. It is a big sign of strength therefore the USD position is not completely closed but only %50. Long position is considered around 3,60-3,70. Next target in the coming months to close the position will be 4,05-4,15 range.

EUR had a similar run expectedly.

Gold also had  a big up move in line with the depreciation in TL.

The TL is invested partly in the IMKB 30 and partly in monthly interest, as the dollar value of the stock exchange is down significantly which is becoming a good investment at these levels. The major all time support is 1.300 USD.

Current distribution is below: