Monday, October 22, 2007

Trade Alerts - Bought Australian $ and Euro

The Aussie $ and Euro are being sold off as a result of unwinding carry trades. With the Yen rallying, traders are rushing out of their carry trade positions.

I see this as a buying opportunity, and I'll gladly take the other side of the trade here.

Ticket # Reference # Time Entered Status
7621771
10/22/07 09:43:15AM FILLED
BUY 1 DECEMBER 2007 EURO CURRENCY (GLOBEX) MARKET
BOUGHT 1 DECEMBER 2007 EURO CURRENCY (GLOBEX) AT 1.4147 (10/22/07 09:43:16AM)
7621746
10/22/07 09:40:59AM FILLED
BUY 1 DECEMBER 2007 AUSTRALIAN DOLLAR (GLOBEX) MARKET
BOUGHT 1 DECEMBER 2007 AUSTRALIAN DOLLAR (GLOBEX) AT 0.8759 (10/22/07 09:41:00AM)

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