Contra's FX Journal

Quote from JuniorCTA:

back in 1.04722 spot & 1.0440 6A

ballsy move Junior, good luck. I like it, at least for a short play, but I am not sure about aussie longs right now.

I'll wait for a bullish signal but my eur/aud long is still working... maybe 1800/20 if I'm lucky.
 
Quote from oldtime:

apparently when it comes to AUD I am becoming a contrarian indicator. I should put out my phone number and charge 99 cents a minute to find out if I am long so you will know to go short.

lol your shorts haven't been too bad for you besides the neg swap on holding a short.
 
cable looks vulnerable later on longs trying for the breakout on good data last night.

vol in 1M EU implied up on the inclusion of data and events next month, ECB, NFP, FOMC, German court ruling on ESM... lets get to it already, this PA is boring...

Retail data was good, I'll be watching a few more data points like industrial production, unempoyment Thur... next NFP is probably key but this is kinda killing the QE expectations I think.
 
Quote from JuniorCTA:

working long EU @ 2235

what's up Junior, you mean you have a limit there or you're already long from last week looking to add more?
 
Quote from contra:

nice seems a bit low though, still watching this 2260 level then 2215 if we get lower.


aussie looking good, now just wanna snag this EU long at 2225 but most likly worsen the entry if it drops too fast, so thinking 2215 or even <2195 (implying a weaker euraud)
 
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