A very importing pi$$ing contest indeed...... url

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I missed particular amongst all the other news about/around Ukraine..... url So Sunday looks to be a key day in the ongoing drama.

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I agree with your comments. On a confirmed breakdown this could be a longer term sell hold rather than a swing short. I think it's the GBP that is very vulnerable right now. I have had a lot of the GBP crosses pegged as short setups based on COT ...

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Stu, may I ask.....what are you looking at on that chart that has you interested? I am very bearish but only short once a breakdown is confirmed.

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GBP/CAD - Short Orders I had this pair marked as a vulnerable market due to extreme positioning on both currencies. The trend is undeniably up but technically it looks like it may be topping. We all know what's happening in the Ukraine. The threat ...

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Always OK to post here Ja I can't watch it at work but I'm pretty sure I have seen it. After watching it I remember spending a bit of time at the FXWW blog. Pretty good source of info I felt.

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That makes two of us.....great chat guys thanks for the discussion.

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In reality how do they do this? Would the SNB really want to sell CHF reserves and buy dud foreign currencies and/or bonds from the US or Euro in order to weaken its currency? By doing this are they not adding 'problems' to their balance sheets? ...

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That is an interesting question. In saying that central banks can be quite inventive and creative when cornered. The fact that anyone still seeks a safe haven in a fiat currency is still astounding to me.

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Agree, however I would lean on a long if push came to shove..... Fair enough.....follow the trend... I have not traded this pair since the 1.2 floor was declared by the SNB....... Thanks for you thoughts again...

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Thanks and welcome Vox! Olu has a great thread going there too for sure. Feel free to contribute should you feel the need.

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I think we mostly agree. It's always good to get someone elses take on the same information Comments below: I don't usually take too much notice of current positioning unless it shows extremes (I think it is at an extreme now) or is pulling away ...

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Hey Stu, Sure I don't mind. Over the last while I went through a redistribution phase of our assets. Basically balanced out our net worth into what I deemed prudent proportions given my opinion of the current global financial situation. Asset ...

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Sorry I missed this comment, I assume you mean US Indexes? It depends you how you interpret it. My analysis actually says otherwise. I see bullish sentiment in the data from an extreme positioning point of view and an open interest point of view. I ...

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Yes looking positive.......I would now like to see either another failed test or a simple break down in the trend (EMA or trendline) before opening a short.

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Its nuts .....looking like a soft close though so all may not be lost? (or gained as it is in this case)

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