Euro - Absolute flushing of the "marks" by the sharks

A mistake for who? There is only one side of the trade here - right side. Success or failure will be determined by market forces, not bureaucrats.

While certain "groups" will always setup the mark(s), their operations will never alter the secular trends. The Euro will reverse as the dollar inevitably weakens when the specs and retail money have been herded (for slaughter) to the other side of the trade.

Markdown will soon give way to accumulation.

Euro and the Commercial Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest:


Absolute flushing of the "marks" by the sharks. That's the kind description.

Euro and the Nonreportable Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest:


Headline: Don't bet against euro - German finance minister

Europe's single currency is here to stay and those who bet against its survival are making a mistake, German Finance Minister Wolfgang Schaeuble said.

In an interview to appear on Sunday in Bild am Sonntag newspaper, Schaeuble said leaders of all the countries that share the currency agreed -- the euro worked toward their common good and a return to national money would be a mistake.