Yeah, a few of us see thru Shillovic's song and dance. Per usual, he'll start gloating on any short term squeeze as if to imply he made out like a bandit...hoping that everyone forgets all the rest of his knife catching episodes.
I am certainly one of the rare contributors here on this board to admit bad timing. Nevertheless, you certainly have a brain to come to your own conclusions, isn´t it? Or do you use your brain only to bash other contributors? If you don´t like my "ANALysis" - simply put me on ignore. Braniac. ;=)
When the time comes, it will give a signal. No need to guess. So far staying S on a long-term position.
Non-commerical USD longs are still near record high (off the recent peak, but still extreme). One change has been that AUD and JPY are now in long territory, which suggests that people are long everything vs EUR.
Added a few contracts with gap down open yesterday evening - targets up through 1.2745 and 1.2785 filled - flat last two contracts cover at 1.2770 into lower high after 1.2779 pivot - trade complete. I would like to see 6E trade back to upper 1.2600's today and then I will put 6E back on my watch list depending what open interest ratio looks like.
Starting to buy 1.2694 level this morning - covers at 1.2724 - covers at 1.2745 - hold last two contracts for 1.2770 level or higher - had a good system signal this morning.
Buying more 6E after us open - cost basis adjusted to 1.2684 -covers adjusted to 1.2715 - 1.2735 - hold last two contracts for manual covers above 1.2760 level.
reload buying 6E again off fresh lows - 1.2678 cost basis - covers at - 1.2709 - 1.2739 - last three contracts held for 1.2760 or higher for manual covers