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Thread: Trader Sentiment and Positioning

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#8 (permalink)

05-21-2007, 05:23 PM

annemarie

Registered User

Join Date: May 2007

Posts: 3

annemarie is an unknown quantity at this point

US/CAD

Hi Jamie, have enjoyed your analysis of US/CAD ---

You project a consolidation/pullback in a 4th wave to 1.1168.

How does this fit (or not) with the traders' increasing long position on the CAD?

Is this a question of time frame with a brief consolidation before it goes to lower levels? It seems to be going lower every day.

Thanks

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