Contra's FX Journal

Quote from contra:

haha I hear you on that.

some big Japanese offers up at 0600 so you're not the only one. I am not so sure the aussie will go too far down I can see 0500 levels again but... I gotta say we go higher now until I get a strong signal otherwise.

good luck though oldtime.

what would level would get you out of this heat -interest lost?

try selling some more at 0636 or so instead of 08?

this hour close printed a lower high lets see what the aussie session closes at and I think this could drop some on TP's perhaps, although risk-on in Europe would destroy it.
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no, I'm comfortable with 608, and even more comfortable if it never gets hit

I have other things going on, so AUD is just a problem child
 
Quote from oldtime:

no, I'm comfortable with 608, and even more comfortable if it never gets hit
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ha, yea man, AUD/USD has been your problem as of late. props for sticking to your guns.

I'm sure you have something worked out or hedges going on for it but... Aussie is AAA rated with the yield. For a long term play, short AUD/USD... I just can't do it until I see some strong risk-off hit markets.

China data later in the week.
 
*RBA SAYS EXCHANGE RATE HIGH EVEN AMID WEAKER GLOBAL GROWTH

*RBA SAYS CHINA GROWTH DOESN'T APPEAR TO BE SLOWING FURTHER
 
Quote from contra:

ha, yea man, AUD/USD has been your problem as of late. props for sticking to your guns.

I'm sure you have something worked out or hedges going on for it but... Aussie is AAA rated with the yield. For a long term play, short AUD/USD... I just can't do it until I see some strong risk-off hit markets.

China data later in the week.
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somehow I manage to make a profit in spite of it, but it would sure be a lot easier if it would cooperate

at anyrate, I enjoyed talking to you, but I don't want to hog up your journal, so carry on

I'll chime in again next time I have a decent wisecrack
 
Quote from oldtime:

somehow I manage to make a profit in spite of it, but it would sure be a lot easier if it would cooperate

at anyrate, I enjoyed talking to you, but I don't want to hog up your journal, so carry on

I'll chime in again next time I have a decent wisecrack
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likewise, anytime oldtime...
 
Quote from atticus:

wtf man!? Go to bed! ;)
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sir yes sir! lol I don't know bro... I got a few good hours during asia and woke up so energized.

I will try and get a few more before US session. Europe has been so slow lately anyway. Of course, that's the night it will move like a bastard!
 
Dear Journal,

I highly dislike, borderline hate when I read this new-age volume bar analysis vsa crap, especially when they use words like "upthrust".

They use no real context at all. That is the last time I will ever say this word. this is just a note to self during boredom. I need to get this off my chest, this is like my scream from a top of a mountain. lol


ps - taco bell is delicious...
 
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