Thread: Sell Eur/Usd
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Old 08-05-2008, 13:31   #6651
Noor
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Re: Sell Eur/Usd

Quote:
Originally Posted by Speculator
It seems USD has broken its correlations with oil and dow as of lately. As well the dow seems to be immune to oil too.
Noor, the cot data is published only once a week and there's no way to know who's buying what unless you trade directly on the interbank market and then central banks still use other entities to do what they want to do. However the break of last month's and 3/24 lows seems to have restored the balance in the retail fx allowing the market to move freely in either direction.
Just my $0.02

Hello Spec... Nice to see you back

Iris has demonstrated the use of COT data many times.

And through a little of imagination... their positioning will be revealed on the chart

Ruffen... I am not talking about the russian Banks ... Nice calls though, keep it up
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