tag:blogger.com,1999:blog-10967240.post4088681957116885807..comments2023-11-03T08:47:47.119-04:00Comments on FX Trading Ideas.....and other Ramblings: The Big DollarBankerhttp://www.blogger.com/profile/03215896316185279351noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-10967240.post-73811492454284751152008-09-28T07:42:00.000-04:002008-09-28T07:42:00.000-04:00LTI will write up something in laymans terms and e...LT<BR/><BR/>I will write up something in laymans terms and e-mail it to you.<BR/><BR/>Take CareBankerhttps://www.blogger.com/profile/03215896316185279351noreply@blogger.comtag:blogger.com,1999:blog-10967240.post-16314479704389005482008-09-28T01:21:00.000-04:002008-09-28T01:21:00.000-04:00Good luck. I read your more recent post and I'm in...Good luck. I read your more recent post and I'm intrigued by conditions viz other markets/regions which mitigate negative differential. Any bones you can throw a hungry amateur?<BR/><BR/>I like your approach, but can't quite wrap my mind around it yet, nor can I find good literature that explains in layperson's terms...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10967240.post-34500070149179190032008-09-27T08:33:00.000-04:002008-09-27T08:33:00.000-04:00Hey LT.I do look at the cost of carry, one of my "...Hey LT.<BR/><BR/>I do look at the cost of carry, one of my "rules of trading".<BR/><BR/>With the tight conditions in U.S. dollars, the cost of running this position is actually less (earlier this week it was in my favour) but that is quite unusual. My "uncle pt" is above 1.4800. I would have liked to have seen a bigger break during NY time yesterday, but it didnt occur. I will give it some time but I think if this package goes through over the weekend I could see some movement come early next week.<BR/><BR/>BankerBankerhttps://www.blogger.com/profile/03215896316185279351noreply@blogger.comtag:blogger.com,1999:blog-10967240.post-66322320909955594062008-09-27T00:09:00.000-04:002008-09-27T00:09:00.000-04:00Are you trading the spot pair? If so, take care to...Are you trading the spot pair? If so, take care to factor in the cost of the negative rollover...I'm sure you're already doing that, but as implied vols fall off a bit, your target looks more and more distant. Which means more time to acquire the first target. Which means a 2% differential having more time to eat away at your gains, on top of the risk of reversal and/or a return to volatility near key resistance for your time horizon. Where would you place your uncle point above?Anonymousnoreply@blogger.com