Long BRL vs USD

Open USD/BRL Brazil, FX Sample

  • Result−1.9%Marked Oct 2, 2026
  • In units of risk−0.41RResult compared with the distance to the stop. +1R made as much as it risked
  • Entry 5.11 Sep 22, 2026
  • Last5.22Target 4.85, stop 5.35
Sep 15Oct 2 Stop 5.35 Entry 5.11 Target 4.85 Sep 15Oct 2 Stop 5.35 Entry 5.11 Target 4.85

Daily closes from Yahoo Finance (BRL=X). Updated every weekday.

The call

Position
Short USD/BRL
Opened
September 21, 2026
Horizon
6 months, until March 21, 2027
Confidence
60%
Carry assumed
9% a year
Entry rule
First daily close after the call was opened

Rationale

Among the highest real rates in the world while inflation converges toward target; the carry pays to wait.

Ledger record

Sample calls are not recorded in the ledger.

Verify the whole ledger

Thesis

Two Speeds Why the rest of Latin America disinflated and Bolivia did not