increased in short selling activity on GBP by the Institution. (non-commercial)
currently having a short position on GBPCHF & GBPJPY.
CHF
there are more buying on CHF (15,690) than there are sellers (12,445)
JPY (increased buying from the Institution -non commercial-)
more sellers than buyers on JPY but I am betting on JPY strengthening,
source: https://www.cftc.gov/MarketReports/C...ders/index.htm
manual: go to that website then scroll down until you find "Chicago Mercantile Exchange", click it and voila! you get yourself a COT report.
Note: Non-Commercial= institutions/hedge funds ; Commercial= Businesses who wants to hedge their crops from rising prices.
currently having a short position on GBPCHF & GBPJPY.
CHF
there are more buying on CHF (15,690) than there are sellers (12,445)
JPY (increased buying from the Institution -non commercial-)
more sellers than buyers on JPY but I am betting on JPY strengthening,
source: https://www.cftc.gov/MarketReports/C...ders/index.htm
manual: go to that website then scroll down until you find "Chicago Mercantile Exchange", click it and voila! you get yourself a COT report.
Note: Non-Commercial= institutions/hedge funds ; Commercial= Businesses who wants to hedge their crops from rising prices.
Let ur winners run & cut ur losses short.
1