Felt like a capitulation for sure yes. I looked at retail
futures positions and they are still marginally short by 7000
contracts as of yesterday
Bit frustrating. Its only one piece of information but it does
prove very useful. Retail investors were short by 100k contracts
several weeks ago in Euro since which its rallied 1000pips
Low risk as you say here so worth at the very least to scale in
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Felt like a capitulation for
EUO 60 min chart, low risk entry here
Posted by vimal on 7th of Aug 2010 at 02:49 am
Felt like a capitulation for sure yes. I looked at retail futures positions and they are still marginally short by 7000 contracts as of yesterday
Bit frustrating. Its only one piece of information but it does prove very useful. Retail investors were short by 100k contracts several weeks ago in Euro since which its rallied 1000pips
Low risk as you say here so worth at the very least to scale in to