Last Week Euro Dollar Open Interest was -VE
As Euro Dollar Was Trader Lower two Weeks a go Trying To Make A Bearish Trend The OI Was Negative As The Price Move Lower. This was The Indication!! That Down Trend Is Weak And Sooner Than Later It Will End.
Since A Couple Weeks Ago, Institutions Were Adding Long Positions As The Price Was Trading Lower, They Were Accumulate Long Contracts.
This Week Data Showed Increase In OI And Increase In Long Positions. We Beleive That Last Week Trend Will Continue To Get Some Topside Targets...
If You Are A Weak Retail Trader You WILL SELL INTO THE STRENGTH TO SUCK YOUR CONTRACTS UPSIDE BEFORE THEY DECIDE TO LOWER THE PRICES
Since A Couple Weeks Ago, Institutions Were Adding Long Positions As The Price Was Trading Lower, They Were Accumulate Long Contracts.
This Week Data Showed Increase In OI And Increase In Long Positions. We Beleive That Last Week Trend Will Continue To Get Some Topside Targets...
If You Are A Weak Retail Trader You WILL SELL INTO THE STRENGTH TO SUCK YOUR CONTRACTS UPSIDE BEFORE THEY DECIDE TO LOWER THE PRICES
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.