BUT... be careful here! (The Daily!) ... because that sucker is still looming above it!
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... so, lets amend the title to: Massive SHORT for now!
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If one sees this anywhere near there - 30 min. ... we will be SELLing it, something fierce!! BTW, it's in this post:
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AUDUSD - Speculative Net Long positioning (COT) is steadily increasing (...while holding steady, last week.)
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USDCAD- Speculative Net Long positioning (COT) continues to be high (...while having dropped slightly, last week.)
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We are perched here, in this Active Post, for now; ... most likely for the better part of the week.
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Chances are .... ... that they're gonna Stop Hunt this to death before a major break.
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Whom are they kidding here?!... SELL it hard with tight stops!
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AUDCAD; BOOM! Covered the SHORTs here. We covered our shorts here for +30 pips, simply because this isn't ready for any drama, just yet. Just FLAT and wait-and-see...
Trade closed: target reached
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We have covered our SHORTs, for now, for a decent +150 pips. FLAT and watching...
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. ================= September 28, 2020 -----------------------------------------> Weekly ACTIVE POST Weekly Market Focus 09-28: S&P500, WTI Crude, OJ, EUR, AUD, JPY