Friday, May 4, 2018

4/5/2018 Update USD first target reached

USD and EUR had a strong rally against Turkish Lira.
USD position is reduced by 9604,45 TL.
5.000 TL is allocated to BIST30 , rest is allocated to fictitious Monthly Interest account #2.


Below are the graphs and notes:

USD/TLnext target :4,45-4,5. Position will be added around 4.


EUR/TRY  Initial Target :5,45 Position will be increased around: 4,75-4,8
Target : 145. 000 Position will be increased if the market will go down further, closer to 121000.

 Initial Target :LONG TERM  Position will be increased around: 162-165

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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