Extreme Non commercial Euro short positioning highest

Discussion in 'Trading' started by ASusilovic, Nov 24, 2011.

  1. http://cftc.gov/dea/futures/deacmelf.htm

    Comparing long or short positioning with historical extremes can also be beneficial in identifying market extremums. Experience shows that there are absolute values which indicate a bought-out, or sold-out currency, and as the COT positioning hits these values, there’s a significant chance of a rapid reversal. :cool:
  2. Agree.
  3. All the way long then ...:p
  4. nice one :)
  5. oh, easy explanation.
    SNB and other central banks buy euros in unlimited amounts.
    smaller private investors sell.
  6. Tsing Tao

    Tsing Tao

    There's Sus again, trying to stir up more hopium.

    Sus, do me a favor, would you? Go back and look how extreme sentiment was in October of 2008.
  7. It turned out Goldman Sachs recommended long euro, give it up yesterday.

    Hence all GS egohyperinflated clients went long and now are crying.

    AS- do you use stop losses in your trading or do you think they are only for these silly systematic folks?