Hi Traders, thank you for watching my multi-timeframe analysis of this pair. My trading strategy is based on the simplicity and core of the markets which is Buying and selling.
I'm trying to spot the next steps of the big players by using the Market profile, Volume and COT (commitment of traders) The way I think about the markets is based on the fact that Market makers (banks, hedge funds)can do their operations only when other side (traders like you and me) provide them liquidity = We must sell so they can buy and opposite. So I'm looking for the Stop loss zones, fake outs and other confluences to enter the markets.
My battlefield is defined by the channels on the higher timeframes, I mostly play on the upper bands and middle bands in the directions of the COT .' I'm swing trading not intraday trading, so my ideas always takes a time and patience to play out and most important is to do the good risk management, se we can stay emotionless in a trades.
Don't hesitate to comment with any questions and if you learning something support this idea with like or share it in other trading forums.
Wish you good hunt !!
Dave FX Hunter
Previous analysis:
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I every day still follow this channel, it good, but please make tutorial how to make COT Signal.i am not undestanding, short, long , where come from COT Signal. example exel file from other website or where ?
Groover1970
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Really appreciate your take on the cot , its great to see you discuss it on the charts . Im learning a bunch and hoping it will develop my bias -in the right way lol
vikvikvr
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I agree with the analysis, USDCHF still very bearish. Also worth noting that before the push to the upside banks have not been accumulating shorts from COT data, so price will likely go back around 0.903 before any further developments. Plus retail traders are still 66% bullish
ProjectSyndicate
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looks good to me. thumbsup.
NicoleLomazowLowe
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Good work,as always!!
VasilyTrader
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Solid view, buddy!
What do you think about my analysis?