Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Hey Nick, thanks for your valuable insight on the COT report. I just want to ask one questions that's really been bothering me. So how do I know that the institutions are adding longs or shorts in a particular pair? For instance the Yen pairs USDJPY, NZDJPY, GBPJPY, AUDJPY or EURJPY. The way I see the COT report it generalizes the YEN data for long and short positions taken by institutions on the given currency. Please enlighten me so that I may understand what 220,000 longs by non commercials mean in that week. Is it just against USD or all the other currencies available for trading?
dtoal85
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@HashimBai, Hi, the COT only shows you a currency vs USD. So when you see him looking at GBP it is long or shorts added in terms of GBP vs. USD. Since USD is the ultimate currency, if a currency X is getting stronger vs. USD and currency Y is getting weaker vs USD - you can assume that X is getting stronger compared to Y
tigershow4158
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Thank you for very good analysis. Very much appreciated.
Tomas92168
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thank you very much
Bilgrami1
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sir oil analysis if you have time thanks.
moyo17355
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@Bilgrami1, this is a very good analysis l really enjoyed and leant more thank you
So how do I know that the institutions are adding longs or shorts in a particular pair? For instance the Yen pairs USDJPY, NZDJPY, GBPJPY, AUDJPY or EURJPY. The way I see the COT report it generalizes the YEN data for long and short positions taken by institutions on the given currency.
Please enlighten me so that I may understand what 220,000 longs by non commercials mean in that week. Is it just against USD or all the other currencies available for trading?