Extreme Non commercial Euro short positioning shows record
- Thread starter ASusilovic
- Start date
Is there any better site for this data? I can't read pdfs. I can't read anything but charts.
This data is probably more predictive. These firms print money by taking the other side of customer trades.
http://www.dailyfx.com/technical_analysis/sentiment/
As of last week (the new data is coming out today) the wrong-way traders were slightly bullish on the Euro, not really confirming the CFTC data.
http://www.dailyfx.com/technical_analysis/sentiment/
As of last week (the new data is coming out today) the wrong-way traders were slightly bullish on the Euro, not really confirming the CFTC data.
You were bullish e/u at 1.42. It turned down, and never went back.
Now you become bearish, more than 1420 pips lower.
E/U at 1.2780. Hindsighters are becoming bearish.
Is smart money around the corner?
I am no longer short 6E and started buying 1.2795 today from a system signal - not a long term swing trade but a 24 to 72 hour trade - looking for at least 100 ticks.
Just a note - 6E open interest ratio went extreme out of balance today when 6E traded to 1.2800 level - too many shorts holding and exteremly minimal longs.
Just a note - 6E open interest ratio went extreme out of balance today when 6E traded to 1.2800 level - too many shorts holding and exteremly minimal longs.