Good Day,

I don't know whether to say thank God for the World Cup because the market is so slow, or is this sporting event the major contributor to the summer doldrums being with us a few weeks ahead of itself?

This market is killing me. Yesterday all day for +18 pips GBP/USD, and a loss overnight in EUR/USD of - 28 pips. I covered as a pre-caution late last night EDT the EUR/GBP short to balance out the three-way trade. It is so slow it's unreal.

I am still cutting out trades ahead of tonight's news and tomorrow....

Nothing much is happening at the moment, I need to keep checking my internet connection!!

I am LIVE in the following trades: -
<p style="text-align: left;"><strong>GBP/NZD - long (Hedged)</strong></p>
<p style="text-align: left;"><strong>EUR/AUD - long </strong></p>
<p style="text-align: left;"><strong>AUD/NZD - long</strong></p>
<p style="text-align: left;"><strong>AUD/USD - short</strong></p>
<p style="text-align: left;"><strong>NZD/USD - short</strong></p>
ADT payrolls and Janet Yellen speaks later in the U.S. session and tonight we have a plethora of AUD data and CNY PMi report.

I am hoping that Glenn Stevens will talk down the AUD tonight. I am well hedged within AUD pairs for whatever track he takes. I hope to be on top of these trades before tomorrow morning ahead of the NFP.

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I am sorry that I am not giving out much in these posts at the moment, but there really is nothing to trade. I forced two trades yesterday, I made a small profit overall but really...is it worth it at the moment?

Scott