SixteenLondon

EURJPY - Falling Wedge - Long Setup

Long
FX_IDC:EURJPY   Euro / Japanese Yen
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Date: Pending
Pair: EURJPY
News:
_________________________

Risk Management

Risk Percentage:
Number of Positions:
Trade Type:
Number Of Confluences:

Alerts Active: Set

Notes:

Price is in a falling wedge formation
-
Price respected the trend line and could see a pullback continuing its uptrend rally
-
Currently waiting for the price to pull back for entry.


Note:

This is for educational purposes only.




COT Report:

EURO FX - CHICAGO MERCANTILE EXCHANGE Code-099741
Commitments of Traders - Futures Only, May 05, 2020
-------------------------------------------------------------------------------------------------------------------
: Total : Reportable Positions : Nonreportable
:---------------------------------------------------------------------------------------- Positions
: Open : Non-Commercial : Commercial : Total :
: Interest : Long : Short : Spreading: Long : Short : Long : Short : Long : Short
-------------------------------------------------------------------------------------------------------------------
: : (CONTRACTS OF EUR 125,000) :
: : :
All : 541,624: 169,272 92,973 6,642 290,624 393,234 466,538 492,849: 75,086 48,775
Old : 541,624: 169,272 92,973 6,642 290,624 393,234 466,538 492,849: 75,086 48,775
Other: 0: 0 0 0 0 0 0 0: 0 0
: : :
: : Changes in Commitments from: April 28, 2020 :
: -3,458: 2,008 5,390 -4,954 -873 -5,945 -3,819 -5,509: 361 2,051
: : :
: : Percent of Open Interest Represented by Each Category of Trader :
All : 100.0: 31.3 17.2 1.2 53.7 72.6 86.1 91.0: 13.9 9.0
Old : 100.0: 31.3 17.2 1.2 53.7 72.6 86.1 91.0: 13.9 9.0
Other: 100.0: 0.0 0.0 0.0 0.0 0.0 0.0 0.0: 0.0 0.0
: : :
:# Traders : Number of Traders in Each Category :
All : 256: 71 51 26 99 75 177 145:
Old : 256: 71 51 26 99 75 177 145:
Other: 0: 0 0 0 0 0 0 0:
:----------------------------------------------------------------------------------------------------
: Percent of Open Interest Held by the Indicated Number of the Largest Traders
: By Gross Position By Net Position
: 4 or Less Traders 8 or Less Traders 4 or Less Traders 8 or Less Traders
: Long: Short Long Short: Long Short Long Short
:----------------------------------------------------------------------------------------------------
All : 18.8 49.2 30.3 61.2 18.4 49.1 29.3 61.1
Old : 18.8 49.2 30.3 61.2 18.4 49.1 29.3 61.1
Other: 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0



COT REPORT:


JAPANESE YEN - CHICAGO MERCANTILE EXCHANGE Code-097741
Commitments of Traders - Futures Only, May 05, 2020
-------------------------------------------------------------------------------------------------------------------
: Total : Reportable Positions : Nonreportable
:---------------------------------------------------------------------------------------- Positions
: Open : Non-Commercial : Commercial : Total :
: Interest : Long : Short : Spreading: Long : Short : Long : Short : Long : Short
-------------------------------------------------------------------------------------------------------------------
: : (CONTRACTS OF JPY 12,500,000) :
: : :
All : 152,042: 56,634 29,420 402 68,783 101,620 125,819 131,442: 26,223 20,600
Old : 152,042: 56,634 29,420 402 68,783 101,620 125,819 131,442: 26,223 20,600
Other: 0: 0 0 0 0 0 0 0: 0 0
: : :
: : Changes in Commitments from: April 28, 2020 :
: 8,207: -3,328 1,784 -349 11,836 7,936 8,159 9,371: 48 -1,164
: : :
: : Percent of Open Interest Represented by Each Category of Trader :
All : 100.0: 37.2 19.3 0.3 45.2 66.8 82.8 86.5: 17.2 13.5
Old : 100.0: 37.2 19.3 0.3 45.2 66.8 82.8 86.5: 17.2 13.5
Other: 100.0: 0.0 0.0 0.0 0.0 0.0 0.0 0.0: 0.0 0.0
: : :
:# Traders : Number of Traders in Each Category :
All : 102: 26 27 7 32 31 62 61:
Old : 102: 26 27 7 32 31 62 61:
Other: 0: 0 0 0 0 0 0 0:
:----------------------------------------------------------------------------------------------------
: Percent of Open Interest Held by the Indicated Number of the Largest Traders
: By Gross Position By Net Position
: 4 or Less Traders 8 or Less Traders 4 or Less Traders 8 or Less Traders
: Long: Short Long Short: Long Short Long Short
:----------------------------------------------------------------------------------------------------
All : 28.2 42.2 47.1 53.3 28.2 41.2 44.8 52.2
Old : 28.2 42.2 47.1 53.3 28.2 41.2 44.8 52.2
Other: 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
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