I am massively short the USD.

[destriero]

what kind of money is represented in the above DXY chart. if the DX moves say from 99 down to 98 how much money is represented by one full contract. I assume this is on forex. I know that with most forex currencies the value is $10 per tick. but I dont know the dollar value of a move in DXY.

thank you for your educational assistance here.

Is this question for MPS?

I am short USD/CAD spot. $1500/pip.

 

[Overnight]

Is this question for MPS?

I am short USD/CAD spot. $1500/pip.

Jeez. 20 pips and yer having a great day if you close it. Can buy a new car for that. Two clicks of the mouse. What an incredible field we work in.

 

[destriero]

Jeez. 20 pips and yer having a great day if you close it. Can buy a new car for that. Two clicks of the mouse. What an incredible field we work in.

It's my pro-account. I earn 40% of the net.

 

[Robert Morse]

It's my pro-account. I earn 40% of the net.

So a smaller car.

 

[Overnight]

It's my pro-account. I earn 40% of the net.

K, so do it twice (once?) and you can buy a new Yugo when they were still a thing. Not that you'd want to, hehe.

 

[vanzandt]

Lots of U.K. economic data coming in early tomorrow. Not sure how this will affect the currencies, if at all. Nice to know its coming out though, I would think. Quarterly GDP might be important.
(4:30 is Eastern Standard time.)

 

[destriero]

I am a day away from covering this short. I have an order to cover at 1.3152 and I will ride out the barrier if filled.

 

[Robert Morse]

I am a day away from covering this short. I have an order to cover at 1.3152 and I will ride out the barrier if filled.

Does it change your plan in I'm in Canada spending a lot of money right now?

 

[destriero]

Does it change your plan in I'm in Canada spending a lot of money right now?

It may!

 

[contra]

Great cover on the short! It's looking good for the barrier as of now.