Carry trade? More like a forex VIX indicator.

Alright first up we have aud/jpy. One of my favorites for when risk is about to explode. This is excatly is what I expect to happen after the EU summit. A clean break at the 85 handle will accelerate to the 50.0% fibo retracement which from there I would take half my profits. Currently I have my stop at 83.73. Later on I'll post Eur/Usd, dow jones, and 10 yr treasuries. Good luck.

 

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Crank up the A/C.

I decided to start this blog to help educate,make profits lets not kid ourselves, the greenhorn and crack forex traders. Of course all traders are welcome as all markets influence the roller-coaster aka forex. During my senior year in college I'll never forget when Dr.Springer said in a joking way the quickest way to wealth is predicting interest rates. Of course easier said than done. So that year fall of 2010 I decided to trade forex. Mainly for the reason of leverage, volatility, and lack of cash to really do anything in any other market. That's was the year I fell in love with the Aussie. Armed with the knowledge that going to college was never about "getting a job"  especially after working at a bank through a temp agency to only look at their balance sheet and realize "well I'll be losing this job in about three months after FDIC comes a knocking" I have since then continued to hone in on my trading discipline and continue of course having fun with the other creative finance instruments out there. So here I Am ready to start this journey with you guys and most importantly keep each other cool in these heated times.