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EurUsd: Our Lock was hit during the Asian session, making 94 Pips. But more importantly we are now positioned above 1.075 a better place to handle the CPI release due this morning GMT followed by Draghi speech. We anticipate a strong dovish tone, but we are more interested in what kind of...

Posted on Nov 11th as general indications: Forex: US banks closed. Thin market prone to nonsense, though we can see some positioning on AUD pairs prior to employment data due tomorrow GMT. Draghi and Carney speeches apparently were a non event. We are thinking to build a trade (made of...

Here you have what I posted on November 4th, the Euro trade (a trade is based on several positions, on different pairs) was opened in anticipation of a differential in monetary policies between the Fed and the ECB dragging the Euro vs Usd around 1.0500 which is our current target. I started...

Let's make things clear. This is a trading Journal and those who are not interested in its content should just ignore it. About the way I trade. I believe and it's my very own view (no one needs to believe it) that there's no systematic way to trade Forex (no method). Trading for me is more...

EurUsd Our lock was hit. We added 2x 50K at 1.0785 and 1.0758. We are now selling 300K EurUsd. The lock closed the second and the third position with +193 pips. We have also a TP now for the positions below 1.0750. The pair is still in a Shopping mode (liquidity search). The upside is helped...

Hi, didn't post for a long time. Posting here a trading Journal of my current Forex Experience started in October and ending on Dec 31. It's a retail account on MT4 to replicate retail traders conditions. Please be understanding I will not answer questions. This thread is not about whos is wrong...

Hi Rick, thank you for your answer. Note I didn't ask for ES vlume but for its options. Actually I trade ES, and YM for years now. Below is the chart of my current ES intraday position. I also make a living by trading the FX market; here is a link to a trading journal showing real time trades...

Thank you guys for your answers. How is the liquidity in ES options? I can't seem to find the instrument in LVX.

Hi every body, As I posted before I am a beginner in option trading, I have learned a lot lately, but always biased to trade directionally rather than vol. Anyway I want to try the following strategies: A straddle (long ) on the spy that I delta hedge to compensate for daily theta. A short...

PS: The quote above was an answer to someone stating that a calendar cannot be vega neutral on a Linkedin discussion.

Thank you guys for all these useful explanations; I have this following answer from a MM and was wondering how can he made profit/loss from IV spread while neutralizing any impact of vega on the option value? Maybe some of you will understand this better than I do: First, one need not have an...

Hi everyone, read lot of stuff lately on options, still lot of things remain unclear to me. 1: Concerning dynamic delta hedging, why do traders struggle to find the best way/frequency to dynamically delta hedge their position, rather than neutralize gamma and then delta once for all? 2: I...

Many thanks to you guys. As we say no free lunch in these things. At least it allows to understand a bit more how it really works. Edit: BTW I am really impressed by how well you know the subject. I think that i'll have to brush my maths up on these differential and stochastic stuff ...

I wonder if any of the guys here is used to this strategy. I am very impressed by how it works (noob I am) and thinking if in an overstreched mkt (technical view) like the current level of spx, a straddle gamma scalped everyday until some (hypothetical) breakout can be daily profitable play. For...

Thanks drownpruf Ima read this forum section to know more from guys like you. Thanks again.

You right drownpruf I should return to paper trading on this vol things. It seems to me that there are several levels of expertise, like those ignoring the greeks and those talking about sticky spaces and equations. I'll try to filter from now on.

Sorry Drown it's ITM, just wanted to know since the short not being ATM, gamma is less impacting. "Ignore HV/IV but vol-line"? What's the vol line? I have these on the chart. Do you suggest that only ralised vol after and before matters?

Actually I don't have any directional view. I just based the trade on oppsing vol through skew and term structure. Do I have to understand that ATM's are better suited for this kind of strategy. Bear with me Iam noob to this but a trader tho.

I don't think vol will go up since the equity is rising and the earning catalyst is vaning, but I see that I am not in such a position .

I ahve the same strtegy on MU. I have now like 47deltas I can hedge but probably I'll find some hundreds after the release right?