Contra's FX Journal

Quote from atticus:

Wheeee. 66 is a beautiful thing. I'd be a buyer here, small. Gotta think we touch 98 tonight.

I think you're right on the money...

I am long from 2350 after the fix and euro close today.
 
If my aussie box gets hit I lose 5 bucks... whoopty doooo lol

im long $A though on the hedge, planned to kill it at 0625 for profit either way. I just cant stand this FIFO thing here for the hedging.

none of this shit is worth a damn for me as far as p/l, just practicing.
 
Quote from contra:

If my aussie box gets hit I lose 5 bucks... whoopty doooo lol

im long $A though on the hedge, planned to kill it at 0625 for profit either way. I just cant stand this FIFO thing here for the hedging.

I killd Oanda again, so sorry. They took their ball and went back to TOR. Actually let some ppl go in their "convexity" office.
 
Quote from atticus:

I killd Oanda again, so sorry. They took their ball and went back to TOR. Actually let some ppl go in their "convexity" office.

I knew it was you! lol I said it here in my journal in the beginning of the week when i was trying to do one on CHF/JPY... I was like WTF... damn atticus is at it again


are you serious about them letting some people go? that's crazy
 
Quote from contra:

I knew it was you! lol I said it here in my journal in the beginning of the week when i was trying to do one on CHF/JPY... I was like WTF... damn atticus is at it again


are you serious about them letting some people go? that's crazy

Ya, just fcuking around but they take it so personally. Can't do any size ($20k per exotic) but it was fun seeing them price the fwd start long gamma as short. Now all vols are 2x20%.

Long 67 to 98, stop at 44 (EURUSD).

Yeah, I heard two staffers. My nephew is in a maths program at UTOR and knows some ppl there.
 
Quote from atticus:

Ya, just fcuking around but they take it so personally. Can't do any size ($20k per exotic) but it was fun seeing them price the fwd start long gamma as short. Now all vols are 2x20%.

Long 67 to 98, stop at 44 (EURUSD).

Yeah, I heard two staffers. My nephew is in a maths program at UTOR and knows some ppl there.

haha putting mf'ers out of work! so they totally f*cked up though.. pricing a long gamma as a short, guess they deserve it.

yea, that is the thing only 20k (although that is plenty for me)... per exotic or per account?

Nice trade.
 
I gotta get to BOM, I think it's my only chance to work with exotics as a retail dude... I may have outsider I can trust when I get some cash.

I just think I can do good with the short gamma/vega style.


Later in NY I may look at eur/aud again. thinking of closing my longs up here in AUD a bit premature, as it is brought to my attention there are some douchebags getting long up here... that's never a good sign.
 
I will look to get short USD/CAD for 9900 above 9950 later.

also long EJ if we break 97.20


EJ - 26 September 93.00 One Touch traded recently at 28.75%
Interest said to have paid the offer for EUR 5mln payout
 
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