The time between the US Session close and Asian open feels like Hiro freezes time. What are the expectations out there from the Asian Session retracement or continued Bear movement?
- #14,103
- Jan 20, 2010 3:33pm Jan 20, 2010 3:33pm
- | Commercial User | Joined Mar 2009 | 1,423 Posts
Let Price determine your future!
- #14,105
- Edited 4:05pm Jan 20, 2010 3:41pm | Edited 4:05pm
- | Joined Nov 2009 | Status: FUDGE | 2,229 Posts
- #14,107
- Jan 20, 2010 3:43pm Jan 20, 2010 3:43pm
- | Joined Nov 2009 | Status: FUDGE | 2,229 Posts
Ma ma mia ! 
- #14,108
- Jan 20, 2010 3:43pm Jan 20, 2010 3:43pm
Where were you 10 minutes ago? I might just cash out at even and wait. I had an indication of a down move at .91, but it just keeps teasing me.
- #14,109
- Jan 20, 2010 3:45pm Jan 20, 2010 3:45pm
- | Commercial User | Joined Mar 2009 | 1,423 Posts
Let Price determine your future!
- #14,112
- Jan 20, 2010 4:23pm Jan 20, 2010 4:23pm
- Joined Oct 2006 | Status: Trader | 7,219 Posts
Nothing worth having is easy.
- #14,118
- Jan 20, 2010 4:45pm Jan 20, 2010 4:45pm
- Joined Oct 2006 | Status: Trader | 7,219 Posts
to the FXCM traders that were short AUD and NZD. Looks like they have taken profit and gone long.AUDUSD - The ratio of long to short positions in the AUDUSD stands at 1.22 as nearly 55% of traders are long. Yesterday, the ratio was at -1.57 as 61% of open positions were short. In detail, long positions are 37.8% higher than yesterday and 40.3% stronger since last week. Short positions are 28.1% lower than yesterday and 30.0% weaker since last week. Open interest is 2.5% weaker than yesterday and 1.7% above its monthly average. The SSI is a contrarian indicator and signals more AUDUSD losses.
NZDUSD - The ratio of long to short positions in the NZDUSD stands at 1.44 as nearly 59% of traders are long. Yesterday, the ratio was at -1.19 as 54% of open positions were short. In detail, long positions are 24.0% higher than yesterday and 52.6% stronger since last week. Short positions are 27.3% lower than yesterday and 26.9% weaker since last week. Open interest is 3.8% weaker than yesterday and 9.8% above its monthly average. The SSI is a contrarian indicator and signals more NZDUSD losses.
65% still long on EUR. 58% short on GBP.
And for Clouds, you were right, CAD traders took profit today (I think you mentioned the 1.04 level) and have now loaded up the other way although still net long.
USDCAD - The ratio of long to short positions in the USDCAD stands at 1.18 as nearly 54% of traders are long. Yesterday, the ratio was at 3.31 as 77% of open positions were long. In detail, long positions are 40.3% lower than yesterday and 33.2% weaker since last week. Short positions are 66.7% higher than yesterday and 78.7% stronger since last week. Open interest is 15.4% weaker than yesterday and 0.9% below its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.
Nothing worth having is easy.
- #14,119
- Jan 20, 2010 5:00pm Jan 20, 2010 5:00pm
AUDUSD - The ratio of long to short positions in the AUDUSD stands at 1.22 as nearly 55% of traders are long. Yesterday, the ratio was at -1.57 as 61% of open positions were short. In detail, long positions are 37.8% higher than yesterday and 40.3% stronger since last week. Short positions are 28.1% lower than yesterday and 30.0% weaker since last week. Open interest is 2.5% weaker than yesterday and 1.7% above its monthly average. The...
Patience do you think that it is because people anticipate China's announement of double digit growth to strengthen the Australian currency?