On the last COT report, there was bullish divergence in the NZD in the futures market. Is this a good time to be going long the NZD? I’m going to look into it.
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New Zealand Dollar COT DivergenceOn the last COT report, there was bullish divergence in the NZD in the futures market. Is this a good time to be going long the NZD? I’m going to look into it. If you enjoyed this article, you might also like:  Category: Trade Well  Tags: Market Analysis This post was written by Hugh Kimura. His goal is to become a professional trader. 2 comments to New Zealand Dollar COT Divergence |
 
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I guess the answer to the question was no….what did you see? Do you see a box forming?
Yup, guess not huh? No, it was just purely looking at the COT data. The institutional traders were very long and the specs were very short so you usually have to follow the big money. Or so the setup goes.