Author: Roman Sadowski

I truly believe the journey to profitability and freedom is a function of hard work, commitment, persistence and boring routines
There is no magic to trading. I believe in making calm rational decisions what, when and how to trade based on a decade of intense learning.
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C.O.T REPORT – WEEK 2. Speculators ditch EUR shorts despite lower prices.

Despite lower prices, speculators kept covering their short positions for 4th consecutive week.This week they closed 14.4K of their shorts and 932 of their long positions. They were 48K – down from being 62K in the previous week.Net speculative positions hover around 33 weeks moving average, it would be clear to see them above the average for more bullish confirmation.

C.O.T REPORT – WEEK 51. Speculators almost net long in GBP futures

GBPUSD dropped this week but the speculative positions show strong bullish bias for another week. This week speculators added fresh 7.4K long positions and covered 9.5K of their short positions. They were 5.8K net short, which was lowest for a very long time. If this dynamic continues, speculators will become net long in the next few weeks.The last time they were net long was exactly a year ago. My bias remains bullish and I see the current decline in GBPUSD as an opportunity to buy GBP futures.

C.O.T REPORT – WEEK 50. Speculators pile on GBP Futures post UK elections

It was a big week in British politics and the speculative money took their side in terms of the price of British currency. This week speculators were bullish for a second week in a row. They added 4.1K new long positions and they covered 3.2K of their shorts. This is clear aggressive bullish outlook.
Speculators were 22.6K net short, which was least short since April 2019. Speculative positions are trending above 33 weeks moving average as well. All variables point to more upside in GBPUSD in the coming weeks. I expect the price to push further up.

C.O.T REPORT – WEEK 46. Speculators sold 16% of their short positions in CAD

Speculators took profit this week. They covered 14K of their long positions. This accounts for an astonishing 16% of their total long exposure and could be a trigger for a large and sharp move in price. This clear bearish outlook and it might see the prices of USDCAD moving higher in the coming weeks. At the same time, speculators covered 2.4K of their short

C.O.T REPORT – WEEK 44. Its time to buy GBPUSD & EURUSD

Speculators covered 2.1K of their long positions and added only 192 shorts. They were 53.3K net short, which was slightly higher from 51K in the previous week. Overall, net speculative positions are trending above 33 weeks moving average, which is a solid bullish signal. The price action closed weekly bar above 20 ema, which is an additional bullish signal. I can see this market taking off to the upside in the coming weeks.

C.O.T REPORT – WEEK 39. Speculators cover 21K long CAD contracts

There was a big shift in CAD positions this week. Speculators covered a whooping 21.6K of their long positions and 6.4K of their shorts. They were 4.5K net long, which was a significant change from 19K in the previous week. Interestingly, the price didn’t change that much during last week’s trading. I would like to see what speculators and the price do next week. We could see a large shift in this market ( to the upside in USDCAD )

C.O.T REPORT – WEEK 38. Speculators shifted back to bearish on EUR Futures

There was a big shift in speculative positions this week. Speculators covered 16.2K of their long positions and, at the same time added 2.4K new short positions. This shifted speculators to be 68K net short, which was a drastically higher from 49K in the previous week. Speculative positions also dropped below 33 weeks moving average, which is a fairly bearish signal