Short GBP/USD (from 13-Nov to 17-Nov)
stopped out of GBP short in Asia on Friday 17-Nov Real-Time AmpGFX – Sold GBP/USD (Mon 11/13/2017 9:25 AM MT) Sold half unit GBP/USD at 1.3114 Comment Playing the political risk angle spilling over to fear of no Brexit deal and a weaker economy. Admittedly it might have been better to be on this earlier, […]
Trade Update (15-Nov)
We were stopped out of the short EUR/USD trade on Monday. Our profit target was reached on short AUD/USD after the wages data on Tuesday. We remain short GBP and NZD. Positions Short half unit NZD/USD at 0.6901; s/l 0.7018; t/p 0/6685 Short half unit GBP/USD at 1.3114; s/l 13223; t/p 1.2805 Comment […]
Short EUR/USD trade ( from 3-Nov to 13-Nov)
Real-Time AmpGFX – Trade update (Wed 11/15/2017 11:13 AM) We were stopped out of the short EUR/USD trade on Monday. Our profit target was reached on short AUD/USD after the wages data on Tuesday. We remain short GBP and NZD. Positions Short half unit NZD/USD at 0.6901; s/l 0.7018; t/p 0/6685 Short half unit GBP/USD […]
Short AUD/USD (from 9-Nov to 12-Nov)
Real-Time AmpGFX – sold AUD and NZD, adding to shorts I have sold half units of both AUD and NZD at 0.7560 and 0.6838 respectively, adding to exisiting shorts. A note on my bitcoin position, I mis-spoke earlier when I said my position was 1/10th of my standard FX position size. It is, in […]
US and Canada labour data comment
The data are mixed, and in some circumstances, I might have stayed with the long USD positions. However, the USD has struggled all week and US bond yields have been falling. Despite stronger US data and the progress on tax reform. I am somewhat surprised at the weaker USD and rates this week. I find […]
Short AUD/USD (From 25-Oct to 3-Nov)
Real-Time AmpGFX – bought AUD and NZD to close shorts Bought half unit of AUD/USD at 0.7690 Bought half unit of NZD/USD at 0.6945 Closed after the payrolls report. Real-Time AmpGFX – sold AUD/USD (Wed 10/25/2017 5:05 AM) Sold half unit of AUD at 0.7712 Comment The AUD has shown little bounce so far since […]
Short NZD/USD (From 19-Oct to 3-Nov)
Real-Time AmpGFX – bought AUD and NZD to close shorts Bought half unit of AUD/USD at 0.7690 Bought half unit of NZD/USD at 0.6945 Closed after the payrolls report. Real-Time AmpGFX – sold NZD/USD (Thu 10/19/2017 1:36 PM) Sold half unit NZD/USD Comment The market should not be overly surprised that a Labor/NZ First/Green government […]
Short EUR/USD trade (From 16-Oct to 30-Oct)
Real-Time AmpGFX – bought EUR/USD to close short (Mon 10/30/2017 9:39 AM MDT) I bought half unit EUR/USD at 1.1624 to close short position. Comment Eurozone peripheral bonds are stronger around news from Spain US yields have slipped on a combination of factors that are hard to assess; including charges in Muller led investigation, expected […]
Short CAD vs. GBP, then USD (from 10-Oct to 27-Oct)
Real-Time AmpGFX – sold USD/CAD to close long (Fri 10/27/2017 8:45 AM MDT) Sold one unit of USD/CAD at 1.2885 USD/CAD went close to my take-profit and has retreated. I decided to take profit on this part of the long USD trade. Oil prices continue to climb, and USD/CAD is facing more technical resistance that […]
Comment on the BoC policy statement – more dovish than expected
The Bank of Canada policy statement walked further down the path started by Governor Poloz in his 27 September speech, where he emphasized data dependence. While the BoC retained its tightening bias, saying, “less monetary policy stimulus will likely be required over time,” it emphasized reasons to wait. It said, the “Governing Council will be […]