Saturday 27 August 2016

CHF/USD

In the last 2 weeks there was a total of 2,443 new short contracts opened vs. a total of 7,361 old long contracts closed for the swiss currency.Besides,in the last 3 weeks there was a Pearson correlation coefficient(PCC) = -1 for short vs. long open interest and this means a huge divergence between bearish sentiment(very strong) and bullish sentiment(very weak).Therefore I expect swiss cureency to drop in the coming wek(s).Check out my strategy and trackrecord2016 file on my free websites:

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