Does it look like Swissy is in an uptrend, or a downtrend? Do you think a small little pinbar is able to make a huge downtrend like this one turn around?![](https://resources.faireconomy.media/images/emojis/64/1f609.png?v=15.1)
Also, while the COT does indeed say that the non-commercials are net long CHF, that means they're long CHF/USD, or short USD/CHF, which is what you and I trade. Remember how the COT uses XXX/USD? So pairs like UJ, UCad and UChf should be interpreted the other way around.![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
In other words, the institutional traders are still betting short for the most part.
![](https://resources.faireconomy.media/images/emojis/64/1f609.png?v=15.1)
Also, while the COT does indeed say that the non-commercials are net long CHF, that means they're long CHF/USD, or short USD/CHF, which is what you and I trade. Remember how the COT uses XXX/USD? So pairs like UJ, UCad and UChf should be interpreted the other way around.
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
In other words, the institutional traders are still betting short for the most part.
It's not about how much you make, it's about how much you don't lose.