Contra's FX Journal

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

  1. contra

    contra

    Short 1mth_ (14 Sept expiry) 1.2225/1.2660 DNT traded earlier today
    Contract paid 21.0%, TV 15.037%, vol 9.15 and spot 1.2455
    Buyer recieves EUR 2mln providing_either strike_has not traded by expiry

    2M... thats decent cash right there.
     
    #291     Aug 22, 2012
  2. contra

    contra

    there go those 2500's... I had to go for it with the further developments today. easy intraday play right there.

    fed comments last night were a slight giveaway, plus the PA.

    Also few comments today from Merkel, Samaras (w/ his personal guarantee lol), even Carney comments and one from S&P again on full bailout for Spain having no ratings impact. Not much reaction on them but I suppose the market was just waiting for this after Europe closed.

    watching 2526.
     
    #292     Aug 22, 2012
  3. contra

    contra

    another 10 days for 100 pips my ass...
     
    #293     Aug 22, 2012
  4. contra

    contra

    definitely thinking about a long aud/usd here if we break higher for 0580. stops sitting above 0530 on the break I would assume.

    mining stocks on FOMC... ASX200 looking ok. Euro can use a pullback or atleast a pause maybe.

    HSBC Flash Manufacturing PMI on the menu...
     
    #294     Aug 22, 2012
  5. Short Euro FX (CME Globex)

    12540 entry

    12535 tp

    at discretion stop
     
    #295     Aug 22, 2012
  6. contra

    contra

    aud/usd looking good here. half hour until the china data...
     
    #296     Aug 22, 2012

  7. I lost a good chunk trying to trade aussie last week.. i've been just watching it trying to find a good spot
     
    #297     Aug 22, 2012
  8. contra

    contra

    Yea, nice levels though, they had you in decent profit at one point. I knew I had to chill out these last 2 weeks, now we're starting to pick up again, Sept should be fun.
     
    #298     Aug 22, 2012

  9. got long too early, i knew it would trade above 1.05s again but that was a deep punt to the bids, had to fold and re-evaluate
     
    #299     Aug 22, 2012
  10. contra

    contra

    Yea, with everything going on with China data and RBA at the time, and the space to drop to 0400-0420 in the daily channel... I didn't like it, but I thought you may have nailed it, just seemed too risky for me.

    If it pulled up and gave me a pullback for a shot above I would have maybe took that though.
     
    #300     Aug 22, 2012