Contra's FX Journal

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

  1. contra

    contra

    eur/usd shorts are getting murdered and im liking it
     
    #341     Sep 7, 2012
  2. how cruel and heartless of you
    I'm short from 2668

    just sold some more this morning at 2713

    don't even ask what's going on in AUD

    I have good karma though because I keep donating up there to the Loonie Defense fund
     
    #342     Sep 7, 2012
  3. contra

    contra

    OT why short yet? got some resistance here at 2810/20 then 2900. As usual, I will wait for some type of reversal sign first or else, staying long.

    also long aussie from 0222 after that reversal close. simples...

    have some work to finish be back at the close. have a good weekend if you're out before then.
     
    #343     Sep 7, 2012
  4. Too early to short EURUSD with a close on the weekly, monthly high... but I'll be short on a touch of 2845 or within 5 minutes of the German ratification on Wed.
     
    #344     Sep 7, 2012
  5. contra

    contra

    agree 100%.

    seems like nothing to really turn it around until wed's court ruling and the beard on thursday. 2845 does look good but if we hit it too early next week I think i'll pass unless there is something behind it on the wires.
     
    #345     Sep 7, 2012
  6. I have a small short via a 1.29 bear (digital) expiring Friday at 82/100.
     
    #346     Sep 7, 2012
  7. contra

    contra

    nice bro, so you would say you're short the KO right? 82/100... did you put it on today?
     
    #347     Sep 7, 2012
  8. It's a digital. It can touch (or exceed) 1.29, but must close under 1.29 on Friday's NY Fix. I put it on today when we hit 1.28. In essence a 1.29 digital put.
     
    #348     Sep 7, 2012
  9. contra

    contra

    ahhh yes got you, that was dumb of me. the KO part threw me off.

    i like the trade.
     
    #349     Sep 7, 2012
  10. contra

    contra

    wait a sec, you never said KO anywhere, i just imagined it... im shot right now. either way im retarded with options.
     
    #350     Sep 7, 2012