Contra's FX Journal

another nice call

 

Long 1.0495 Aussie


its like watching paint dry


someones getting reallllllyyyyy long with the bombardment of market sell orders

 

Short EURUAD from 1.175, but small.

 

aussie should be higher, its just being molested by algos hitting bids hard and reversing position


I am baffled that its not above 1.0520 (futures)

 

flat, this is going no where

 

I was short AUD/USD and short USD/CAD and they were both showing me an ok profit which is unusual so I just switched sides

so that makes me short EUR/AUD (since I'm already short EUR)

 

don't worry, you just got the oldtime bump, glad I could help

 

yea aussie has too much risk on the downside for me to 0400 area.

some equities closed red, basic materials, tech. futures are down.

but hey my box paid... lol. I put that one a bit far out at 0671 but at the time I thought we might see 0630s.

There was decent selling reported up there above 0600.

 

back in 1.04722 spot & 1.0440 6A

 

apparently when it comes to AUD I am becoming a contrarian indicator. I should put out my phone number and charge 99 cents a minute to find out if I am long so you will know to go short.