maybe.... {image}
Unless your chart is based on a specific EW analysis but i don't recognize the waves.
I'm short too anyway (for now) so i hope it'll go low
COT: The precious data ignored
- #794,761
- May 6, 2013 4:49am May 6, 2013 4:49am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
Unless your chart is based on a specific EW analysis but i don't recognize the waves.
I'm short too anyway (for now) so i hope it'll go low
- #794,762
- May 6, 2013 4:50am May 6, 2013 4:50am
- Joined Sep 2009 | Status: Trader | 1,027 Posts
I want to buy PATIENCE
{quote} Maybe or maybe not, but your chart is only based on the fact you are short and want 1,297x as tp
For some odd reason people keep on buying this fake currency.... There are no fundies or thechies that can predict it....
- #794,765
- May 6, 2013 4:55am May 6, 2013 4:55am
- Joined Nov 2008 | Status: Trader | 2,177 Posts
{quote} Maybe or maybe not, but your chart is only based on the fact you are short and want 1,297x as tp
- #794,770
- May 6, 2013 5:12am May 6, 2013 5:12am
- Joined Nov 2008 | Status: Trader | 2,177 Posts
{quote} what does that mean?
- #794,772
- May 6, 2013 5:21am May 6, 2013 5:21am
- | Joined Nov 2011 | Status: attitude is everything.. | 1,492 Posts
Patience is a virtue...
- #794,773
- May 6, 2013 5:22am May 6, 2013 5:22am
- Joined May 2012 | Status: Thank you Graeme | 1,449 Posts
Dangdut is a music of my country
- #794,774
- May 6, 2013 5:24am May 6, 2013 5:24am
- | Membership Revoked | Joined Feb 2013 | 1,307 Posts
So here it is:
netpositions = long interest - short interest
Pay attention to the netdealers, they are usually right and long at the moment.
As you can see long positions reduced in this last euro up move.
Did they reduced longs or build shorts ?
So they were reducing longs and not building up shorts as fast. Meaning that they don't see euro going lower.
And where are the longs that are remaining open?
From the previos 3 weeks, they were building large longs from 1.30, it is consistent from what we see, euro doesn't go lower than 1.30
So this last weeks it was a mix of reducing older long exposure and build up other longs from 1.30
And what about the shorts they build, where are the shorts they are holding.
Looks like small shorts above 1.31 area.
Leverage accounts follow the trend very closely (see 1st picture)
It looks like when they are long they are wrong but its not as it seems
Look where the longs they are holding are from.
So yeah we go up..
netpositions = long interest - short interest
Pay attention to the netdealers, they are usually right and long at the moment.
As you can see long positions reduced in this last euro up move.
Did they reduced longs or build shorts ?
So they were reducing longs and not building up shorts as fast. Meaning that they don't see euro going lower.
And where are the longs that are remaining open?
From the previos 3 weeks, they were building large longs from 1.30, it is consistent from what we see, euro doesn't go lower than 1.30
So this last weeks it was a mix of reducing older long exposure and build up other longs from 1.30
And what about the shorts they build, where are the shorts they are holding.
Looks like small shorts above 1.31 area.
Leverage accounts follow the trend very closely (see 1st picture)
It looks like when they are long they are wrong but its not as it seems
Look where the longs they are holding are from.
So yeah we go up..
"You're solid gold, see you in hell"
- #794,776
- May 6, 2013 5:44am May 6, 2013 5:44am
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #794,778
- May 6, 2013 5:50am May 6, 2013 5:50am
- | Membership Revoked | Joined Feb 2013 | 1,307 Posts
"You're solid gold, see you in hell"
- #794,779
- May 6, 2013 5:52am May 6, 2013 5:52am
- Joined Nov 2008 | Status: Trader | 2,177 Posts
{quote} that ill probably buy this retracment down at 3102 something like that
So here it is: netpositions = long interest - short interest Pay attention to the netdealers, they are usually right and long at the moment. {image} As you can see long positions reduced in this last euro up move. Did they reduced longs or build shorts ? {image} So they were reducing longs and not building up shorts as fast. Meaning that they don't see euro going lower. And where are the longs that are remaining open? {image} From the previos 3 weeks, they were building large longs from 1.30, it is consistent from what we see, euro doesn't go lower...