Contra's FX Journal
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nice call on that AUD going to 430, took a little longer than expected, but like I always say, "I'm never wrong, but often early."Quote from JuniorCTA:
so people give me shit (ie. amazing Industry) when a trade goes 10-20 ticks against me, but no one says anything when i call a trade that has moved 300+ ticks?
wild market today... still long on aussie and nailed usd/cad and eur/usd also for decent pocket change after the FED.
watching usd/jpy and eur/jpy now too.
I would think a lot of this is priced in. It looked like a solid reversal on dissapointing QE, until he said they would keep doing it until the economy grows and keep rates low until 2015. euro was hopping 40-50 pips back and forth.. must have been illiquid as shit within that first 15 minutes.
watching usd/jpy and eur/jpy now too.
I would think a lot of this is priced in. It looked like a solid reversal on dissapointing QE, until he said they would keep doing it until the economy grows and keep rates low until 2015. euro was hopping 40-50 pips back and forth.. must have been illiquid as shit within that first 15 minutes.
yeah, atticus posted he went short EUR and I posted and asked what the target was. Then I looked at the price and figured he'd already been stopped out and deleted the question.
go ahead and stay long AUD, it won't hurt my feelings, I'm getting use to losing money in that pair everyday.
shorting that USD/CAD at a price I never would have believed has been very good for me. I just turned it around and asked, "If you were long is this one of those trades that would have caught you completely by surprise?"