Contra's FX Journal

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

  1. whoop!
     
    #231     Aug 20, 2012
  2. that's it for me, I took my profit on the GBP, not bad for a nights work, but I just can't handle that spread, back to USD.

    flat, gonna check out one of those shakes

    have the usd running in paper, I'll put it back on if it ever goes down

    what the hell is going on with CAD?

    what the hell is going on with JPY?

    EUR/USD I can deal with
     
    #232     Aug 20, 2012
  3. contra

    contra

    lol damn bro, you got skills. the impressive part is how early you pick up on it and work it out with options plays, and I know you have a handle on things from all angles. props yet again.

    just woke up... no trades yet for me :(

    I totally was down with that EUR/AUD call, thats why I killed it above 1800 on friday. never flipped though :mad:
     
    #233     Aug 20, 2012
  4. contra

    contra

    Nice job. CAD... seems like the correction is coming here. Jpy... risk off just looking at the board. Haven't did much snooping around yet, need my coffee and bagel... lol.

    just seen this.

    "USD/CAD paid at 0.9896 highs after CFNAI data; headline OK, revision negative"

    they are expecting some heavy USD corp bids on UCAD down here.
     
    #234     Aug 20, 2012
  5. contra

    contra

    UJ...

    1mth atm paid 7.35_and 1yr_10.15 (1mth traded 6.35-7.45 last week)
    Trade light in London, but some buyers_of 3wk (ish) 80.00 strikes in Asia
    Risk reversals hold steady for JPY puts at 0.5 (1mth) and 0.1 in 1yr

    80 strikes....
     
    #235     Aug 20, 2012
  6. contra

    contra

    and...

    from DJ...

    The euro has slid back below $1.23 as German officials shot down a report on the latest possibility to support peripheral nations facing rising bond yields. Der Spiegel said over the weekend the ECB was considering a way to cap to how high peripheral bond yields can rise above safer such a plan. But German officials once again reiterated their opposition to the ECB buying euro-zone bonds at all.


    knew it was shady... no sources cited...
     
    #236     Aug 20, 2012
  7. contra

    contra

    what a hackfest this is... I should go on vacation.
     
    #237     Aug 20, 2012
  8. Wide Tailz

    Wide Tailz

    :)
     
    #238     Aug 20, 2012
  9. contra

    contra

    Have my eye open to get long UJ and long USD/CAD.

    This is the only thing I have right now as a possibility while I wait on this euroland crap at the end of the week, into the bigger stuff next month.

    I'll be watching AUD too.
     
    #239     Aug 20, 2012
  10. you got that right, somethings going on with CAD and JPY, I don't have a clue, but something is going on when they move and something is going on when they just sit there. I'll follow the journal, maybe you will figure it out and explain it to me.

    at the moment, I'm short USD/CAD from 9890

    and long USD/JPY from 79.36

    and I certainly don't expect both to be winners or losers

    maybe something is going on with USD
     
    #240     Aug 20, 2012