Smart Money

You need to watch what the commercial traders are doing. This is the smart money, not the guys at the barber shop. Anyway, the commercial longsĀ  in the euro are about as long as they’ve been since the egg cream.

euro commercial 300x300 Smart Money

 

non commercial 300x300 Smart Money

Non commercial Euro shorts

We’ll see who wins the battle, but I’ll bet on the commercial longs right now.

 


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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  • Joe Donohue

    Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets... More »

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