Divergence with price and Cot
well guys: Divergence with price and Cot
I see the euro still dropping this week:
I think the French Pres may have tried to put up a fire break at 1.7 on friday
when he said he thinks that is a good price,
but we are now in a place of Divergence with price and Cot.
(is the trading of the big boys they lead the market)
and vol is dropping on the weekly chart as price is dropping at the same time.
so this means the big boys are buying as dumb money are selling... right.
The big boys are 25% less short on the Eur/Usd in the last two weeks.
I cannot wait to see next fridays cot report I think the big boys got rid of a lot in the NFP.
I find with euro we see the revesral on the 2nd Divergence
which happen not to long after the 1st.
So we could see a bounce even up into the 1.22 area.
then a drop into the 1.6 area.
I think the run is coming to an end, but not just yet
By the way
1.we had a lot of shorts closed in NFP by the big boys.(!!!)
2. price dropped on very low vol after NFP
so the big boys where not selling in to the dip.(!!!)
I said I though europe would get its rear in gear at 1.2
I still think they did try. we will see what they can do.
I will be bear this week but mostly small targets (I will be looking for runners of coarse)
on the other side
1. The charts say BEAR (week, day 4 hour)
2. News says BEAR (news we know of)
One other note the market is now saying Hungery is not as bad as hungery
said it was friday and it may have been he was the reason for the big drop.
cheers
TEBhttp://cdn.forexfactory.com/images/s...m/big_grin.gif
[email protected]
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well guys: Divergence with price and Cot
I see the euro still dropping this week:
I think the French Pres may have tried to put up a fire break at 1.7 on friday
when he said he thinks that is a good price,
but we are now in a place of Divergence with price and Cot.
(is the trading of the big boys they lead the market)
and vol is dropping on the weekly chart as price is dropping at the same time.
so this means the big boys are buying as dumb money are selling... right.
The big boys are 25% less short on the Eur/Usd in the last two weeks.
I cannot wait to see next fridays cot report I think the big boys got rid of a lot in the NFP.
I find with euro we see the revesral on the 2nd Divergence
which happen not to long after the 1st.
So we could see a bounce even up into the 1.22 area.
then a drop into the 1.6 area.
I think the run is coming to an end, but not just yet
By the way
1.we had a lot of shorts closed in NFP by the big boys.(!!!)
2. price dropped on very low vol after NFP
so the big boys where not selling in to the dip.(!!!)
I said I though europe would get its rear in gear at 1.2
I still think they did try. we will see what they can do.
I will be bear this week but mostly small targets (I will be looking for runners of coarse)
on the other side
1. The charts say BEAR (week, day 4 hour)
2. News says BEAR (news we know of)
One other note the market is now saying Hungery is not as bad as hungery
said it was friday and it may have been he was the reason for the big drop.
cheers
TEBhttp://cdn.forexfactory.com/images/s...m/big_grin.gif
[email protected]
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