Contra's FX Journal

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

  1. contra

    contra

    Mideast seen buying again above 1.2550
    German name big buyer of euro/crosses
    Euro sees gains of 0.35-0.45 pct vs commodity currencies
    Russian names also in the mix of big EUR/USD_buyers (1.2530-40)
    Finland to Back Bailouts Needed to Save Euro, Katainen, BBG


    lol hello 2600...
     
    #321     Aug 31, 2012

  2. out 10322 fut


    i am in buying dips mode; audusd, eurusd, shit even crude oil
     
    #322     Aug 31, 2012
  3. contra

    contra

    Nice.

    Be back next week. Labor day on Mon.
     
    #323     Aug 31, 2012
  4. contra

    contra

    All in all, nothing new at all really today from the Beard I assume? shocking...

    "Germany's central bank head Jens Weidmann has never threatened to resign his post over his disagreement with the European Central Bank's anticrisis policies, according to a Bundesbank source, refuting speculation in Germany's largest newspaper that he weighed quitting."
     
    #324     Aug 31, 2012
  5. contra

    contra

    Now might be a time to start looking for long aussie... for atleast a squeeze.
     
    #325     Sep 3, 2012
  6. What timeframe do you use to determine trend?
     
    #326     Sep 3, 2012
  7. contra

    contra

    daily/weekly
     
    #327     Sep 3, 2012
  8. crazy, was watching aussie futures earlier, someone kept offering, over and over and over x5000

    i am assuming it was a iceberg stop. market didn't move down at all and market kept lifting the plentiful amount of offers hitting the book


    if its not trading 10425+ by EOW I will be amazed
     
    #328     Sep 4, 2012
  9. contra

    contra

    there were reported decent sized barriers here at 0225 and 0200 of course on spot AUD/USD (0220 being the 38.2 fib) I don't play that fib. If I see a nice daily reversal here, I will look to enter. There are usually decent sized defense stops just beyond them if they are being defended. There is also the July 24th daily low at 0172 so around here would be a decent spot for a low risk entry if you get a signal.

    I have been trading EUR/AUD, she has done me no wrong this year and as a matter of fact is my main bitch, without her my year wouldn't be half as good.
     
    #329     Sep 5, 2012
  10. audusd is converging on demand.. fun times ahead


    scale in buyer here
     
    #330     Sep 5, 2012