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Thread: Trader Sentiment and Positioning

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#10 (permalink)

05-22-2007, 09:23 AM

Euchre

Member

Join Date: Oct 2005

Posts: 160

Eur/$ & Cable/$ Sentiment

https://plus.dailyfx.com/tnews/index.jsp

From the SSI - it says calling for Euro $ strength bec. of the positioning. Yet closer reading has it that shorts are weaker and longs are piling in.
I have no signs of a turn in either Eur or Cable and ADX's climbing healthy on both 6hr charts. Selling strength for now though we may simply waffle here
today on Eur and Cab as BoE minutes and Euro Zone new orders is on deck tomorrow.

Euchre

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