DislikedI also am getting annoyed at the such random calls in the AUD thread. I don`t mind once in a while, but it`s getting to the point that it`s making me dizzy.Ignored
From looking at the charts, the FOMC minutes seem to be a non-event. And while typing that, Gold just drops about $7.00.
Here's another article along similar lines to COT/Sentiment http://www.dailyfx.com/forex/technic...ecline_on.html
SSI: Retail EURUSD Longs Surge 32% after Pair Pulls Back to 1.36
Wednesday, 17 Feb 2010 18:06 GMT
Written by John Kicklighter
FXCM Speculative Sentiment Index (SSI) Statistics:
https://plus.dailyfx.com/fxcmideas/i...r/0217ssi1.gif
SSI Details:
EURUSD - The ratio of long to short positions in the EURUSD stands at 1.32 as nearly 57% of traders are long. Yesterday, the ratio was at -1.21 as 55% of open positions were short. In detail, long positions are 31.9% higher than yesterday and 8.9% stronger since last week. Short positions are 17.4% lower than yesterday and 15.5% weaker since last week. Open interest is 4.9% stronger than yesterday and 3.9% below its monthly average. The SSI is a contrarian indicator and signals more EURUSD losses.
GBPUSD - The ratio of long to short positions in the GBPUSD stands at 1.47 as nearly 60% of traders are long. Yesterday, the ratio was at 1.22 as 55% of open positions were long. In detail, long positions are 11.3% higher than yesterday and 19.4% weaker since last week. Short positions are 7.6% lower than yesterday and 16.5% stronger since last week. Open interest is 2.8% stronger than yesterday and 3.7% below its monthly average. The SSI is a contrarian indicator and signals more GBPUSD losses.
GBPJPY - The ratio of long to short positions in the GBPJPY stands at 1.14 as nearly 53% of traders are long. Yesterday, the ratio was at 1.15 as 53% of open positions were long. In detail, long positions are 3.4% higher than yesterday and 21.0% weaker since last week. Short positions are 4.4% higher than yesterday and 25.9% stronger since last week. Open interest is 3.9% stronger than yesterday and 5.6% above its monthly average. The SSI is a contrarian indicator and signals more GBPJPY losses.
USDJPY - The ratio of long to short positions in the USDJPY stands at 1.23 as nearly 55% of traders are long. Yesterday, the ratio was at 1.67 as 63% of open positions were long. In detail, long positions are 16.5% lower than yesterday and 23.9% weaker since last week. Short positions are 13.3% higher than yesterday and 3.3% weaker since last week. Open interest is 5.4% weaker than yesterday and 11.2% below its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.
USDCAD - The ratio of long to short positions in the USDCAD stands at 2.24 as nearly 69% of traders are long. Yesterday, the ratio was at 2.51 as 72% of open positions were long. In detail, long positions are 2.0% lower than yesterday and 20.8% stronger since last week. Short positions are 9.8% higher than yesterday and 31.5% weaker since last week. Open interest is 1.4% stronger than yesterday and 0.6% below its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.
USDCHF - The ratio of long to short positions in the USDCHF stands at 1.07 as nearly 52% of traders are long. Yesterday, the ratio was at 1.92 as 66% of open positions were long. In detail, long positions are 24.1% lower than yesterday and 60.0% weaker since last week. Short positions are 36.7% higher than yesterday and 16.0% stronger since last week. Open interest is 3.3% weaker than yesterday and 15.3% below its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.
AUDUSD - The ratio of long to short positions in the AUDUSD stands at -1.62 as nearly 62% of traders are short. Yesterday, the ratio was at -1.66 as 62% of open positions were short. In detail, long positions are 2.9% higher than yesterday and 21.2% weaker since last week. Short positions are 0.4% higher than yesterday and 17.2% stronger since last week. Open interest is 1.3% stronger than yesterday and 5.9% above its monthly average. The SSI is a contrarian indicator and signals more AUDUSD gains.
NZDUSD - The ratio of long to short positions in the NZDUSD stands at -1.07 as nearly 52% of traders are short. Yesterday, the ratio was at 1.10 as 52% of open positions were long. In detail, long positions are 0.4% lower than yesterday and 10.6% weaker since last week. Short positions are 17.1% higher than yesterday and 5.0% stronger since last week. Open interest is 7.9% stronger than yesterday and 2.8% below its monthly average. The SSI is a contrarian indicator and signals more NZDUSD gains.
Nothing worth having is easy.