Uncle Ti 88

Commitments of Traders Report - Euro FX - EURUSD It has been a while since my last post. Sorry about that. I will try and make up with a lot more posts in the coming days or maybe weeks :) Let's start off with the Euro! Greece going to exit the Euro? Looks like it... the position remains unchanged for the commercials since September 2011 and the last few weeks COT report has no significant changes. So you can maintain the short Euro position if you have one. Those trading forex can short the EUR/USD.

Commitments of Traders Report - Euro FX - EURUSD If you are trading the EURUSD, are you following the commercials? They have been long on the Euro, hence they are expecting the Euro to come down in the coming weeks or months. They have been in that position since September 2011. Seems that there is still no confidence in the Eurozone at the moment even with whatever measures it is they are taking.

COT Report - Euro FX The Euro is in a confused state right now. Look at where the Euro is heading and what the commercials are doing. The short has been taking place since the reported date of 11th September 2011!

Commitments of Traders CFTC - EUR/USD Please not the above chart is the real COT report released by CFTC and it is not the COT Proxy. The EUR/USD have no proper direction in the last 2 weeks. Euro debt, US debt... both bad news hence even the commercials no have no idea what to do. The week prior to 16 August they are net long but last week they were net short. We see what the report release tomorrow will reveal for this week's positions. If the commercials for Euro are net short again this week, we can expect the EUR/USD go up.