Well, I mean, it is obvious I wouldn't trade EURCHF though, just expecting the Swiss CB to intervene form now and then; the range is too tight; where you may use that margin to trade another pair and profit.

EURUSD

I agree that the pair is certainly bearish, but probably for different reasons. I certainly think Dow is going sub 10K, sub 9K and lower, during upcoming months; commodities going lower, which all will support USD. I wouldn't say "mad" though, since ...

EURUSD

The main reason for EURUSD and USDCHF correlation being high (negatively) is, obviously, due to the USD being in common, and EUR and CHF being in the same region, thus basicaly responding to similar developments. Other reason why USDCHF responds ...

EURUSD

Gotta love the "flat", as it hides implicit profits in it: Monday -> Book profits of Friday's decline, buy at 1.2260s Tuesday -> Book slight longs, turn strong bearish from 1.2385 Wednesday (today) -> Book strong bearish (more lots) profits, turn ...

EURUSD

Mind set is still bearish, and will continue to be so for a while.

EURUSD

I booked profits at Asia open today, turned slight bull from 1.2192, and will let it run till US close, as a session rarely alters its view, and if US bought it, it will certainly NOT sell it in a single session, unless a news pops up. So, I am ...

EURUSD

Nope. Markets to move lower during upcoming weeks, EURUSD will move lower. This is just a bounce, easy profiting, very short term.

EURUSD

This wave is unfolding nicely, as the sell off is bought back by US, currently in 125+ pips, from 1.2192, as noted at the open of Asia session. However, these levels will probably be the top for EURUSD, if the trend is to continue lower, which i ...

EURUSD

May 19 - Asia Open Asia session witnessed continuation selling, however, bounced back around 50 pips, pausing around 1.4250s before Europe open. The bearish trend is continuing, and i am not going strong bull anytime soon, however, i am inclined ...

Cable Update (GBPUSD)

May 19 - Asia Open Asia session witnessed continuation selling, however, bounced back around 50 pips, pausing around 1.2190s before Europe open. The bearish trend is continuing, and we will not go strong bull anytime soon, however, i am inclined ...

EURUSD

Some more info: So, you could be wondering, why the equity is negative, even its been around 2 weeks now? Well, the answer is simple: The initial setup cost. At the time of buying/selling each pair, we had to pay spread. At the time of the start of ...

Carry Trade [live progress]

I actually didn't Its a good point though. Marked it in notes. If you do get results, please post here. Regards

Carry Trade [live progress]

Interest rate stayed constant. No changes to portfolio. NZD facing a sell-off though

Carry Trade [live progress]

The thing about this carry trade portfolio is, in the short term, the rallies of the high paying currencies will reflect as profits, and sell-offs as losses, in the equity. Please note that this is destined to be lived short-term, and will ...

Carry Trade [live progress]

AUD and TRY continues to gain — Despite EUR and GBP weakness, USD doesn't seem to be gaining against much. The main pairs I chose for the carry trade are doing fine. So, at the end of March 9, 2010, we have booked another $45 in interest. ...

Carry Trade [live progress]

The interest rates are derived from CMS.

Carry Trade [live progress]

IMPORTANT! There is the RBNZ meeting on Wed. We will watch the outcome, and if the interest rate is changed at the meeting, will evaluate the portfolio and make necessary changes, as it WILL change the interest income of the portfolio. Until then, ...

Carry Trade [live progress]

March 8, US Close Today was mostly consolidation, as its been mostly directionless in EURUSD since last two weeks. However, the interests from AUD and TRY look strong After the rearrangement, today's interest comes in at $48.35. That corresponds ...

Carry Trade [live progress]

Magnified the portfolio by 5x — In order to show/analyze the carry trade portfolio, I have magnified the positions by 5x. So, starting from today, March 8, 2010, the portfolio will generate around $45 per day in interest. (The new positions ...

Carry Trade [live progress]

Interesting action during today's NFP EUR and GBP sell-off against dollar (at least initially as of 9 am), and AUD NZD buying. Carry is back?

Carry Trade [live progress]