Extreme Non commercial Euro short positioning shows record

1.2709 cover filled - good Euro action ahead of Beige Book - just over an hour from release.

 

covers at 1.2739 filled - covered final three contracts at 1.2765 - trade concluded.

 

took a signal shot LONG 6E 1.2638

 

Covers at 1.2663 filled - next covers at 1.2688 - hold 2 contracts for manual covers above 1.2700

 

Covers at 1.2688 filled - good run so far.

 

put in final covers at 1.2739 - see if this runs more today.

 

Flat with final covers at 1.2682 - flat for the weekend

 

Damn it, EUR/USD 1.3164. I must have been right....

 

Yep, Shillovic you got it right...