Steen Jakobsen
The Bank of Japan has abandoned quantitative easing and the European Central Bank may taper its bond-buying programme, so what is the role of central banks in 2017, asks Saxo Bank’s chief economist Steen Jakobsen.
Squawk / 02 June 2016 at 11:13 GMT
Hypothesis Testing
United Kingdom
Zefy ....I am only long far dated FGBL with a trail stop. Near dated contracts closed in profit as per original postings to you.
Currently we are at the position marked on the chart below (BLUE CIRCLE) far the markets have behaved as expected and no losses. Hope it is beginning to make more sense now? Rollover week if you are still in near dated.
Next weeks article is an algo function which brings the older scenarios together. As you are an IT specialist may I suggest that you adjust the suggestions posted to 1.1 times weighting to the control value as you will (with your spread sheets) be able to quickly determine the compounded effect. Future articles then move into a new field away from price breakouts to Fund Managers strategies :-)
02 June
zefy zefy
Thanks for posting update. I have also closed near dated FGBLM (as expiry was nearing) and far dated FGBLU is running with trailing stop. Mostly this has been learning curve for me and luckily(?) some profit secured on the way with 1 near dated trade and now with far dated trailing in profit ;).
02 June
zefy zefy
And I think that next trade with FGBLU-FGBLZ I am able to optimize more.
02 June
fxtime fxtime
Apologise for the late response as been away most of this evening.....well done at the profit and now you move into the faster income stream period so you should earn more and faster :-)
03 June
zefy zefy
Yeah, looking good with FGBLU now :)
09 June
zefy zefy
In my system FGBLU is now trend following position with trailing stop...
12 June
zefy zefy
Seems it did breakout of previous range... Still trailing.


The Saxo Bank Group entities each provide execution-only service and access to permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on or as a result of the use of the Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail