Russian ruble

doggyfx · Apr 18, 2017

fordewind said:
At this point, nothing is clear in the near future.

Yeah, but its not on the reasonable level now, so an entry from current levels my reap substantial profits.

fordewind · Apr 19, 2017

doggyfx said:
Yeah, but its not on the reasonable level now, so an entry from current levels my reap substantial profits.

You mean sell in May and go away.Is that it?

doggyfx · Apr 20, 2017

I mean US is going to issue some restriction on buying russian assets what may force some investors to shed holdings there. Oil prices are still low so the ruble is overvalued and its only a matter of time when the bomb will explode. Current USDRUB levels are somewhere near bottom

fordewind · Apr 20, 2017

Interesting.Lets see.

TraDaToR · May 16, 2017

TraDaToR said:
Bought some Czech Korunas.

http://www.euromoney.com/Article/36...ares-for-lift-off-as-speculators-dive-in.html

This one was nice as well

I almost feel like I know what I am doing...

If you guys had to sell AUD, JPY or EUR in your portfolio of currencies, what would you choose right now?

TraDaToR · Aug 2, 2017

Sold half my rubles today @ 60.56 on russian sanction news.

Holding my euros, my aussie dollars and my czech korunas. Almost entirely liquidated my yens at a loss.

doggyfx · Aug 5, 2017

TraDaToR said:
Sold half my rubles today @ 60.56 on russian sanction news.

Holding my euros, my aussie dollars and my czech korunas. Almost entirely liquidated my yens at a loss.

Wrong decision. Wait for rate differentials to shrink to at least 5% to liquidate rubles. Their debt is still pretty attractive for investors.

TraDaToR · Aug 5, 2017

I needed cash CHF for living expenses. I prefered to liquidate half my rubles because it was one of my biggest in notional( with korunas ).

Is that a common figure( 5% rate differential ) among forex traders to decide to unwind a juicy( and risky ) carry trade?

victorycountry · Aug 5, 2017

Given huge spread difference, I don't know how u guys can trade rubble. Having said that, there are good stock traders in elitetrader forum but I don't believe there are active FX trader here. Most I believe are broker's saleman who just keep saying the same thing

doggyfx · Aug 13, 2017

TraDaToR said:
I needed cash CHF for living expenses. I prefered to liquidate half my rubles because it was one of my biggest in notional( with korunas ).

Is that a common figure( 5% rate differential ) among forex traders to decide to unwind a juicy( and risky ) carry trade?

I've ready some notes from bank analysts they say its 5%, together with risk mounting due to sanctions and oil market uncertainty it may higher (also considering increase in inflation in Russia)