Euro to get stronger soon

According to Eric De Groote, large commercal traders have been agressively accumulating positions in Euro futures wihle small players, retail traders, are selling. The chart below shows this. A rising Euro will provide support to rising gold price.

green line = CWA = commercial weighted average = smart money

brown line = NRWA =nonreportables (retail) weighted average = dumb money

FXE = Euro ETF

所有跟帖： 

• 正好反了，在货币COT中， -dividend_growth- ♀ (146 bytes) () 02/06/2012 postreply 14:58:17

• hmm,, whom should I believe? you or him (Eric De Groote)..回复：正好反 -hercules007- ♂ (89 bytes) () 02/06/2012 postreply 15:43:23

• from wikipedia,,,回复：正好反了，在货币COT中， -hercules007- ♂ (2358 bytes) () 02/06/2012 postreply 16:00:55

• No, large speculators tend to be wrong -_学无止境- ♂ (0 bytes) () 02/07/2012 postreply 08:34:07