Intraday Market Thoughts

Archived IMT (2010.01.17)

by Ashraf Laidi
Jan 17, 2010 18:44

SPECULATIVE FX POSITIONS: Youve already seen futures traders commitment reports for the 5 major FX pairs going back to 2001 on the site

http://www.ashraflaidi.com/charts/speculators-futures-fx-positions.asp Now look at the ZOOMED-IN-VERSION of the EURUSD and USDJPY spec reports http://chart.ly/extzaz , showing the EVIDENT TIME-LAG between turns in EURUSD futures contracts and turns in the EURUSD spot rate. This increase in the EUR net shorts could suggest a looming decline in the spot rate below 1.40 later by next month. THANKS FOR ALL YOUR NOMINATIONS ! WE NEED AS MANY AS WE CAN GET to stay in this close race. Please provide a REASON for your vote and make sure you are following ALAIDI on twitter in order for your vote to count. THANK YOU.

 
 

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