Euro to get stronger soon

According to Eric De Groote, large commercal traders have been agressively accumulating positions in Euro futures wihle small players, retail traders, are selling. The chart below shows this. A rising Euro will provide support to rising gold price.

green line = CWA = commercial weighted average = smart money

brown line = NRWA =nonreportables (retail) weighted average = dumb money

FXE = Euro ETF

fxe

所有跟帖: 

正好反了,在貨幣COT中, -dividend_growth- 給 dividend_growth 發送悄悄話 dividend_growth 的博客首頁 (146 bytes) () 02/06/2012 postreply 14:58:17

hmm,, whom should I believe? you or him (Eric De Groote)..回複:正好反 -hercules007- 給 hercules007 發送悄悄話 hercules007 的博客首頁 (89 bytes) () 02/06/2012 postreply 15:43:23

from wikipedia,,,回複:正好反了,在貨幣COT中, -hercules007- 給 hercules007 發送悄悄話 hercules007 的博客首頁 (2358 bytes) () 02/06/2012 postreply 16:00:55

No, large speculators tend to be wrong -_學無止境- 給 _學無止境 發送悄悄話 _學無止境 的博客首頁 (0 bytes) () 02/07/2012 postreply 08:34:07

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