Not much of a fall there, still lots of euro shorts to be squeezed. From the CFTC Commitments of Traders report:
11 Responses to “EUR shorts fall to -157K from -171K”
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AUTOREFRESH 
So if there are not much reduction in shorts then EUR/USD likely to be up next week?
More likely, in my opinion. The shorts gotta get squeezed.
Thanks Adam, this is really something to think over. I’ve been waiting for this for about than two weeks as a matter of fact.
Adam, I confess, I have always had a hard time with the COT report. To get the figure of 157K short interest off the report…what do you add or subtract together..I know its a simple question, but I have never figured it out…help.
if the shorts dont add to the shorts, the higher price goes the more stop get hit .. execute longs etc
and the covering of shorts. Result in priec going higher
100ma is a good target 1.3350
I think 1.3500 area is where the longer term trendline is.
Hi Adam. Do you or does anyone reading this, have any particular experience with forex.com (broker) to share? Are they reliable? I’m thinking about putting some money there, but would like to know some impartial views on them. Are they efficient when withdrawing some wins?
This data is up till Tuesday right? by they way things have been trading, i would think the last 3 days more shorts have been dragged in – or ones that got stopped at 3200 last Friday jumped back in
Subtract to get the net figure ie: 31,906 – 189,452 = -157,546
That’s right, the format is irritating.
@Trading_Nymph Go to the legacy reports and then click on the Chicago merc. Look at the non-commercial long and short positions and subtract one from the other, you should get -157,546. if u want to get the $ amount, take the close price of the EUR futures contract on Tuesday and first multiply the amount (157,546) above by 125,000 and then by the exchange rate on the futures contract (i.e. 1.3083 – I think I used the right contract…)
Thank you guys, I don’t know why they can’t make a easier format, esp one with graphs, etc.