Category : Paul Kavanaugh

The Currency Report

By Paul Kavanaugh

Large Currency Speculators are maintaining large net short British Pound positions, the latest CFTC data shows…

BP Chart

2016 09 02 BP

(Commitments of Traders Data)

Large Currency Speculators are maintaining large net short British Pound positions, the latest CFTC data shows…

The latest CFTC data (released September 2nd) shows Large Specs maintaining the largest net position of the major currencies short in British Pound Sterling, finishing the 10th week of post-Brexit trading near 1.33 Pounds to the US dollar, after testing 1.28 in early July.  This could indicate large speculators (Funds) are remaining positioned for a continuation of the downtrend which began after a peak above 1.71 in July 2014.  The next largest net position in this week’s report is short the Euro, which has had positive correlation to the Pound in recent years.

Significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that large speculators are positioning in the direction of the longer term trend.

Due to the delayed dissemination of this information, this information should in no way be considered in any way as a trade recommendation or trading advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

CD +22k, +79%                                  BP -92k, -1%

JY +63k, +13%                                    EU -81k, -11%   

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A surprising 79.59% increase from 12,473 to 22,400 contracts net long of the Canadian dollar, which represents 7.9% of open interest;

A maintaining short position 1.86% decrease from 94.235 to 92,485 contracts net short of the British Pound, which represents 0.7% of open interest;

A curious 13.67% increase from 56,006 to 63,661 contracts net long of the Japanese Yen, which represents 4.66% of open interest;

A minor 11.44% decrease from 92,508 to 81,925 contracts net short of the Euro, which represents 2.9% of open interest;

A small 3.53% increase from 41,113 to 42,566 contracts short of the Australian dollar, which represents 1.32% of open interest;

A large 9.14% decrease from 16,471 to 14,966 contracts net long of the US Dollar Index, which represents 0.27% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, over the same period large speculators added 29.9% to net longs from 154,011 to 200,055 contracts, representing 1.51% of open interest.

For more information on FuturePath Trading, LLC, PhotonTrader and other trading software demos as well as our Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

The Currency Report

The Currency Report

Large Currency Speculators added to net long Yen bets, while trimming net long US dollar positions, the latest CFTC data shows…

JY Chart

2016 08 10 Yen

(Commitments of Traders Data)

Large Currency Speculators added to net long Yen bets, while trimming net long US dollar positions, the latest CFTC data shows…

The latest CFTC data (released August 5th) shows Large Specs had increased bets net long Yen by 19.29% even as the Yen on BREXIT flight to quality rally exceeded a 25% linear rise from its December 2015 lows.  This could signal large speculators (Funds) are positioning for a continuation of this impressive uptrend, (weekly Yen continuation chart above).

Significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that large speculators are positioning in the direction of the longer term trend.

Due to the delayed dissemination of this information, this information should in no way be considered in any way as a trade recommendation or trading advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

DX +17k, -21%                                   EU -104k, -7%

JY +41k, +19%                                                     

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A minor 7.41% decrease from 19,180 to 17,758 contracts net long of the Canadian dollar, which represents 1.23% of open interest;

A maintaining short position 2.41% increase from 80,572 to 82,515 contracts net short of the British Pound, which represents 0.83% of open interest;

A surprising and very significant 19.29% increase from 34,958 to 41,700 contracts net long of the Japanese Yen, which represents 4.3% of open interest;

A small 7.18% decrease from 112,600 to 104,516 contracts net short of the Euro, which represents 2.14% of open interest;

A miniscule 0.47% decrease from 31,510 to 31,363 contracts short of the Australian dollar, which represents 0.15% of open interest;

A huge 21.18% decrease from 22,479 to 17,717 contracts long of the US Dollar Index, which represents 8.68% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, over the same period large speculators cut 31.36% of net longs from 162,082 to 111,250 contracts, representing 1.73% of open interest.

For more information on FuturePath Trading, LLC, PhotonTrader and other trading software demos as well as our Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

The Currency Report

Large Currency Speculators increased bets net short British Pound and Euro, while adding to net long US dollar positions, the latest CFTC data shows…

BP Chart

Note; if you would like a demo of the CQG Q-Trader software used to produce these charts, please contact me directly at paul@fprading.net thank you.

2016 08 02 BP

(Commitments of Traders Data)

Large Currency Speculators increased bets net short British Pound and Euro, while adding to net long US dollar positions, the latest CFTC data shows…

The latest CFTC data (released Friday July 29th) shows Large Specs had increased bets net short British Pound by over 8%, net short Euro bets by over 12% and net longs in the US dollar by over 54%.  Such has been the trend in general since BREXIT, large specs becoming longer of the dollar and more short in British Pound Sterling and Euro.

Significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that large speculators are positioning in the direction of the longer term trend.

Due to the delayed dissemination of this information, this information should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

DX +22k, +54%                                 EU -112k, +12%

                                                                BP -80k, +8%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

An important 13.09% decrease from 22,068 to 19,180 contracts net long of the Canadian dollar, which represents 2.45% of open interest;

A building 8.32% increase from 74,386 to 80,572 contracts net short of the British Pound, which represents 2.67% of open interest;

A minor 11.17% decrease from 39,353 to 34,958 contracts long of the Japanese Yen, which represents 2.75% of open interest;

A key 12.72% increase from 99,891 to 112,600 contracts net short of the Euro, which represents 3.18% of open interest;

A small 5.75% decrease from 33,431 to 31,510 contracts short of the Australian dollar, which represents 2.01% of open interest;

A half again 54.75% increase from 14,526 to 22,479 contracts long of the US Dollar Index, which represents 12.6% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, over the same period large speculators added 10.84% to net longs from 146,232 to 162,082 contracts, representing 0.53% of open interest.

For more information on FuturePath Trading, LLC, PhotonTrader and other trading software demos as well as our Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

Large Currency Speculators increased bets net short British Pound ahead of BREXIT, latest CFTC data shows…

The Currency Report

Large Currency Speculators increased bets net short British Pound ahead of BREXIT, latest CFTC data shows…

 

BP Chart

2016 06 28 BP

(Commitments of Traders Data)

Large Currency Speculators increased bets net short British Pound ahead of BREXIT, latest CFTC data shows…

The latest CFTC data (released Friday June 24th) shows Large Specs had increased bets net short British Pound by over 25% ahead of last week’s historic vote.  Also important to note is that over the same period Large Specs nearly doubled net long US dollar positions.

Significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that large speculators are positioning in the direction of the longer term trend.

Due to the delayed dissemination of this information, this information should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

DX +9k, +99%                                     EU -61, +8%

JY +52k, -6%                                       BP -46k, -26%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A huge 85.93% decrease from 18,440 to 2,595 contracts net long of the Canadian dollar, which represents 13.41% of open interest;

A prophetic 26.97% increase from 36,661 to 46,547 contracts net short of the British Pound, which represents 4.96% of open interest;

A holding 6.09% decrease from 55,690 to 52,296 contracts long of the Japanese Yen, which represents 12.35% of open interest;

A building 8.60 % increase from 56,489 to 61,346 contracts net short of the Euro, which represents 1.53% of open interest;

A minor 3.91% increase from 6,778 to 7043 contracts short of the Australian dollar, which represents 0.34% of open interest;

A nearly doubling 99.96% increase from long 4,692 to long 9,372 contracts of the US Dollar Index, which represents 9.24% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, over the same period large speculators trimmed net longs from 118,195 to 54,820 contracts, 53.62% representing 2.28% of open interest.

For more information on FuturePath Trading, LLC, PhotonTrader and other trading software demos as well as our Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

Check out our newest product, click here for more info…

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Linda WCA 2016

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There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

The Currency Report TEST

The Currency Report  TEST

Large Currency Speculators nearly reversed net long Australian dollar positions, cutting 99.5%, the latest CFTC data shows…

FuturePath Trading’s New Linda Raschke Leader-Follower Program Specs

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2016 05 16 CD

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Aussie Chart

2016 05 26 Aussie

(Commitments of Traders Data)

The latest CFTC data indicates Large Currency Speculators trimmed net long Australian dollar by over 95% in the latest report, on the heels of last week’s 34% decline.  Also of interest in this week’s data is a significant build in net shorts of the Euro.

Aussie Chart

Will we see a reversal to net long Euro and net short US dollar in next weeks or months? We will wait and see, but my suggestion is it will occur sooner rather than later.  Note the key 2015 high (1.1718 EUR/USD) on the weekly Euro chart may be tested as this occurs.

Euro Chart

Significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that large speculators are positioning in the direction of the longer term trend.

Consider the potential implications for higher commodity prices if large speculators position for a lower US dollar and are correct…(discussion to be continued in upcoming week’s Currency Reports).

Due to the delayed dissemination of this information, this information should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

CD +20k, -11%                                   EU -37k, +67%

AD +0.1k, -99.5%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A trimming 11.71% decrease from 22,706 to 20,047 contracts net long of the Canadian dollar, which represents 2.15% of open interest;

A large 14.54% decrease 38,422 to 32,835 contracts net short of the British Pound, which represents 2.29% of open interest;

A small 2.34% decrease from 58,919 to 22,059 contracts long of the Japanese Yen, which represents 0.33 of open interest;

A resilient (not ready to reverse to long yet) 67.77% increase from 22,587 to 37,895 contracts net short of the Euro, which represents 4.37% of open interest;

A vaporizing 95.5% decline from 24,893 to just 124 contracts long the Australian dollar, which represents 21.61% of open interest;

A small but important 7.01% increase from 10,446 to 11,178 contracts net long of the US Dollar Index, which represents 1.19% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators reversed from net short 8,853 to net long 83,422 contracts, a 1042.3% change representing 3.10% of open interest.

For more information on FuturePath Trading, LLC, PhotonTrader and other trading software demos as well as our Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

The Currency Report

The Currency Report  

Large Currency Speculators nearly reversed net long Australian dollar positions, cutting 99.5%, the latest CFTC data shows…

FuturePath Trading’s New Linda Raschke Leader-Follower Program Specs

Image WCA

2016 05 26 Aussie

http://get.worldcupadvisors.com/raschke579/

Click or paste the link above in your browser

Aussie Chart

(Commitments of Traders Data)

The latest CFTC data indicates Large Currency Speculators trimmed net long Australian dollar by over 95% in the latest report, on the heels of last week’s 34% decline.  Also of interest in this week’s data is a significant build in net shorts of the Euro.

Aussie Chart

Will we see a reversal to net long Euro and net short US dollar in next weeks or months? We will wait and see, but my suggestion is it will occur sooner rather than later.  Note the key 2015 high (1.1718 EUR/USD) on the weekly Euro chart may be tested as this occurs.

Euro Chart

Significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that large speculators are positioning in the direction of the longer term trend.

Consider the potential implications for higher commodity prices if large speculators position for a lower US dollar and are correct…(discussion to be continued in upcoming week’s Currency Reports).

Due to the delayed dissemination of this information, this information should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

CD +20k, -11%                                   EU -37k, +67%

AD +0.1k, -99.5%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A trimming 11.71% decrease from 22,706 to 20,047 contracts net long of the Canadian dollar, which represents 2.15% of open interest;

A large 14.54% decrease 38,422 to 32,835 contracts net short of the British Pound, which represents 2.29% of open interest;

A small 2.34% decrease from 58,919 to 22,059 contracts long of the Japanese Yen, which represents 0.33 of open interest;

A resilient (not ready to reverse to long yet) 67.77% increase from 22,587 to 37,895 contracts net short of the Euro, which represents 4.37% of open interest;

A vaporizing 95.5% decline from 24,893 to just 124 contracts long the Australian dollar, which represents 21.61% of open interest;

A small but important 7.01% increase from 10,446 to 11,178 contracts net long of the US Dollar Index, which represents 1.19% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators reversed from net short 8,853 to net long 83,422 contracts, a 1042.3% change representing 3.10% of open interest.

For more information on FuturePath Trading, LLC, PhotonTrader and other trading software demos as well as our Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

The Currency Report

The Currency Report  

Large Currency Speculators added to net longs in Canadian dollar, latest CFTC data shows…

2016 05 16 CD

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Linda Raschke Leader-Follower Program-Q&A Session 

 

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Webinar Invitation  Check out FuturePath Trading’s New Linda Raschke Leader-Follower Program Specs, click or paste the link below in your browser

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 (Commitments of Traders Data)

The latest CFTC data indicates Large Currency Speculators trimmed net short Euro bets by just 7.4%, while adding to US dollar longs by over 36%.  Will we see a reversal to net long Euro and net short US dollar in next week’s report? We will wait and see, but my suggestion is it will occur sooner rather than later.  Note the key 2015 high (1.1718 EUR/USD) on the weekly Euro chart above may be tested as this occurs.  It is also important to note as well the recent reversal to net long Canadian dollar has held, and that new position grew again this week (by 36%) following last week’s 57% rise.

Significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that large speculators are positioning in the direction of the longer term trend.  Consider the potential implications for higher commodity prices if large speculators position for a lower US dollar and are correct…(discussion to be continued in next week’s Currency Report).

Due to the delayed dissemination of this information, this information should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

CD +25k, +36%                  EU -21k, -7.4%

DX +12k, +32%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A most important 36% increase from 18,943 to 25,874 contracts net long of the Canadian dollar, which represents 5.56% of open interest;

A trimming 13.54% decrease from 40,408 to 34,935 contracts net short of the British Pound, which represents 2.29% of open interest;

A small 3.88% decrease from 61,521 to 59,137 contracts long of the Japanese Yen, which represents 1.44% of open interest;

An important 7.40% decrease from 23,619 to 21,872 contracts net short of the Euro, which represents 0.51% of open interest;

A sharp 27.17% decline from 52,395 to 38,158 contracts long the Australian dollar, which represents 11.23% of open interest;

A stubborn 32.08% increase from 9,174 to 12,117 contracts net long of the US Dollar Index, which represents 4.34% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators increased new recent net long positions in E-Mini S&P 500 Stock Index Futures by 95.06% from 10,087 to 19,676 contracts (net long).  Note the similarity of recent short covering and reversal to long in S&P to recent Canadian dollar activity.  Feel free to contact me directly for more specific information.

For more information on FuturePath Trading, LLC, PhotonTrader and other trading software demos as well as our Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

The Currency Report

Large Currency Speculators trimmed net short Euro bets by over 46%, latest CFTC data shows…

2016 04 18 Euro

Exclusive Event Announcement – Linda Raschke Leader-Follower Program Webinar – Q&A Session

With Paul Kavanaugh of FuturePath Trading, LLC
Wednesday April 20, 2016 at 3:30 pm Central Time

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(Commitments of Traders Data)

The latest CFTC data indicates Large Currency Speculators trimmed net short Euro bets by over 46%.  Significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that large speculators are positioning in the direction of the longer term trend.

We have also been noting the recent reduction in net short positions in Canadian dollar, and the reversal to net long Canadian dollar from last week’s report has held, with Large Specs adding to new net longs.  Due to the delayed dissemination of this information, this information should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

CD +2k, +2,358%                               EU -52k, -46%

D6 +35k, +30%

 

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

An overstated 2358.76% increase from 97 to 2,385 contracts net long of the Canadian dollar, which represents 2.12% of open interest;

A significant 29.66% increase from 39574 to 51,310 contracts net short of the British Pound, which represents 4.97% of open interest;

A building 10.18% increase from 60,073 to 66,190 contracts long of the Japanese Yen, which represents 3.41% of open interest;

A massive 44,413% decrease from 96,464 to 52,051 contracts net short of the Euro, which represents 46.04% of open interest;

A large 30.83% increase from 26,845 to 35,122 contracts long the Australian dollar, which represents 6.24% of open interest;

A key 20% decrease from 17,315 to 13,849 contracts net long of the US Dollar Index, which represents 5.87% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators trimmed their net short positions again in E-Mini S&P 500 Stock Index Futures by 14.15% from 104,210 to 89,461 contracts.  Note the similarity of short covering in S&P to recent Canadian dollar activity.  Feel free to contact me directly for more specific information.

For more information on FuturePath Trading, LLC, PhotonTrader and other trading software demos as well as our Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

Register today for my upcoming webinar….

Linda Raschke Leader-Follower Program Webinar

With Paul Kavanaugh of FuturePath Trading, LLC
Wednesday April 20, 2016 at 3:30 pm Central Time

Register Now!

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

The Currency Report

The Currency Report

Large Currency Speculators reversed to net long Canadian dollar, following last week’s over 41% cut in shorts.  In addition, Large Specs increased net short positions in Euro by over 51%, latest CFTC data shows…

2016 04 11 CD

 

(Commitments of Traders Data)

The latest CFTC data indicates Large Currency Speculators reversed to net long Canadian dollar, following last week’s over 41% cut in shorts.  In addition, Large Specs increased net short positions in Euro by over 51%.  Significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that large speculators are positioning in the direction of the longer term trend.

I have written repeatedly that the ‘sleeper data’ recently in my opinion in this report has been the clear trend of short covering by large specs in Canadian dollar.  Last week I stated, “Continuing declines in net short positions by large specs in this ‘Commodity Currency’ may be indicative of short covering/profit taking following the declines we have seen since July 2015”.

The most recent data shows large speculators have now reversed to net long Canadian dollar, coincident with the significant strength commodity traders may be noting recently in Crude Oil.  If we see an increase in net long Canadian dollar positions in the next report, this could indicate further upside potential expected by large speculators.

Due to the delayed dissemination of this information, this information should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

CD +0.097k, +101%                                          EU -96k, +51%

JY +60k, +10%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A most significant 101.57% Reversal to net long 97 from net short 6,180 contracts of the Canadian dollar, which represents 5.96% of open interest;

A minor 1.13% decrease from 40,028 to 39574 contracts net short of the British Pound, which represents 0.18% of open interest;

A strong 10.45% increase from 54,387 to 60,073 contracts long of the Japanese Yen, which represents 3.41% of open interest;

A massive 51.17% increase from 63,811 to 96,464 contracts net short of the Euro, which represents 9.65% of open interest;

A large 14.4% increase from 23466 to 26,845 contracts long the Australian dollar, which represents 2.79% of open interest;

A small 2.45% decrease from 17,750 to 17,315 contracts net long of the US Dollar Index, which represents 0.77% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators trimmed their net short positions in E-Mini S&P 500 Stock Index Futures by 15.21% from 122,907 to 104,210 contracts.  Note the similarity of short covering in S&P to recent Canadian dollar activity.  Feel free to contact me directly for more specific information.

For more information on FuturePath Trading, LLC, PhotonTrader and other trading software demos as well as our Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

Register today for my upcoming webinar….

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With Paul Kavanaugh of FuturePath Trading, LLC
Wednesday April 13, 2016 at 3:30 pm Central Time

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There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

 

 

The Currency Report

The Currency Report

Large Currency Speculators cut net short positions in Canadian dollar by over 41%, latest CFTC data shows…

2016 04 04 CD

(Commitments of Traders Data)

The latest CFTC data indicates Large Currency Speculators cut net short positions in Canadian dollar by over 41%.  Significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that large speculators are positioning in the direction of the longer term trend.

The sleeper data in this report in my opinion AGAIN is the Canadian dollar, which showed net shorts declined by 41% this week, following 17% the last week, and ahead of that by 34% the week prior to that.  Continuing declines in net short positions by large specs in this ‘Commodity Currency’ may be indicative of short covering/profit taking following the declines we have seen since July 2015.

Due to the delayed dissemination of this information, this information should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

JY +54k, +1.95%                                CD -6k, -41%

DA +23k, +30%                              BP -40k, 6.11%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A stunning 41.18% decrease from 15,009 to 6,180 contracts net short of the Canadian dollar, which represents 8.73% of open interest;

A minor 6.11% increase from 37,723 to 40,028 contracts net short of the British Pound, which represents 0.92% of open interest;

A tiny 1.95% increase from 53,346 to 54,387 contracts long of the Japanese Yen, which represents 0.7% of open interest;

A paltry 3.39% decrease from 66,053 to 63,811 contracts net short of the Euro, which represents 0.68% of open interest;

A huge 30.12% increase from 18,030 to 23466 contracts long the Australian dollar, which represents 4.54% of open interest;

A miniscule 0.43% increase from 17,674 to 17,750 contracts net long of the US Dollar Index, which represents 0.43% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators trimmed sharply their net short positions in E-Mini S&P 500 Stock Index Futures by a substantial 16.62% from 146,429 to 122,907 contracts.  Feel free to contact me directly for more specific information.

For more information on FuturePath Trading, LLC, PhotonTrader and other trading software demos as well as our Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

If you would like to test drive our PhotonTradng software,

Click on the image or link below to request your free 30-day demo today!  

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There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

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