Anybody Want to Talk About Forex?

Meeting on Thursday, which is why my DNT expires on Wed's NY fix.

 

haha very nice.

IFR almost screwed me there then. thanks.

 

All may drop against USD, but my preference would be to short EURAUD heavy and short EURJPY. Both shorts should do very well this week. EURAUD gets the nod on size.


Short EURAUD > 1.184
Short EURJPY >98.2
Long USDJPY to 80 from opening tonight

 

Yeah, and Samaras won't be in Berlin until Thursday.

 

I guess all the USD bears are over on the economics form, there don't seem to be many here on forex.

 

nice atticus. I took profit on my EUR/AUD longs Friday afternoon.

I like the EJ trade, but wouldn't a UJ to 80 hold up cross/jpy a bit? Maybe a retrace or consolidation on UJ would help the EJ short before an attempt at 80? I dont know...

 

It may, but I think the risk-off will flow to USD preferentially over JPY. USDJPY long will be the smallest allocation.

 

got ya, agree on that.

 

I am looking for a major dollar (bull) reversal this week. Not a huge move against EUR, but mostly on the periphery.

 

finally, there is agreement on the forex forum in the unlikeliest of places, USD.