Contra's FX Journal

Discussion in 'Journals' started by contra, Jul 24, 2012.

  1. even at 40 to1 too much money tied up in a pair that never moves
     
    #141     Aug 13, 2012
  2. That's why I'm long the DNT. No spot position.
     
    #142     Aug 13, 2012
  3. contra

    contra

    god damn exotics... :mad:

    i feel left out.

    you're pretty much at neutral on UJ now.

    well we have euro data later to look forward to. I could imagine some more topside in euro markets if it's good. US data in the morning too.

    retail sales has been bad as of late, another bad one should up the QE expectations yet again I guess.
     
    #143     Aug 13, 2012
  4. contra

    contra

    find this somewhat interesting... it's the only thing i had down here in no-mans land... its reacting.

    odd thing is I heard a "US name" selling aussie down to 0500 stops thur/friday in early london and a "US name" buying euro at the lows last night.

    Maybe there is a barrier at play. + some covering, but it's probably thin trade ahead of data.
     
    #144     Aug 13, 2012
  5. contra

    contra

    GJ and GU looking interesting ahead of the UK CPI
     
    #145     Aug 14, 2012
  6. I'll tell you what's moving and that's USD, somebody suddenly doesn't like it anymore
     
    #146     Aug 14, 2012
  7. contra

    contra

    data in the morning. futures are up too.
     
    #147     Aug 14, 2012
  8. contra

    contra

    usdcad looks like it's going to take out 9900's.

    cable barrier at 5800.
     
    #148     Aug 14, 2012
  9. I'm long CAD and GBP, but it is getting to be long night for those of us short AUD and EUR
     
    #149     Aug 14, 2012
  10. contra

    contra

    yea i wouldn't be short euro, my EJ is killing it.

    ZEW after uk CPI. so I gotta stay on top of things, might take profit into that.

    UK clearer demand in AUD/USD they are touting. stops above 0575. better not go much higher into the NY cut, i want my box to pay the horrible payout on my 3rd and final no touch.
     
    #150     Aug 14, 2012