$YM1 COT on E-MIni DJI shows recent Commercials(Prod/User) traders massive long indexes. I could only get the COT data back to 2010, since then it was only 5 times when Prod/User traders went long $YM_F. 2010 June, 2011 Sep, 2015 Sep, 2016 Feb, and now. You can see that when DJI is below 200 weekly MA, Prod/User traders long indexes and, above that they short...
Here on the EXY The Euro Index we have the daily and weekly outlook. Now, the euro is playing off a 222 pattern off the Daily chart and the price level is quite significant. Now, for those who have been looking at my charts for quite sometime you will know i hate oscilitaors but until i get candlestick charting down a bit better i use them as a form of...
Here on the Cable Aussie we have two patterns one i drew and another one from the Software. What im looking for is this current 4 hour candle to close as an engulfing candle at the very minimum a piercing pattern. I will also be looking for the oscillator confirmation. the pattern is a butterfly pattern i have drawn and i think the software picked up either a bat...
Here on the Euro Index we have a Gartley Pattern that has completed and completed a T1 set up! I think we are going to see PA retrace into the PRZ. From a techinical standpoint. Now on to the COT Data. The COT indicates that the Euro is still a strong buy! The big players are still increasing their positions fueling the trend up on the Euro. Selling the Euro...
Okay, The King Dollar! we have a bullish crab pattern that has completed it first target. The Crab pattern completed a T1 set up all. PA marched all the way to the 382 and reversed almost not a pip more either. we had a few trades happen above the 382 but not many! This week we could see some good down moves on the dollar, maybe all the way down to the Crab PRZ....
So on the CXY we have an incomplete Bat Pattern we see PA enterered the PRZ and was severly rejected without completing the pattern. We need the entire box to be tested before the pattern is complete. So, on the COT what we have are the Consumers and Producers buying and selling to eachother. As open interest has increased but the Non-Coms have reduced both...
On the Cable we have it where the pair completed a Alternate Bat pattern but not before it tested the Patterns Harmonic Optimal Price. The price gapped down and slid ever since. This is the First time in a few days where there was a bullish day and i do believe there will be more. both sides are stepping closer to the Zero Line and we might see a switch in the...
Okay, So very interesting stuff on the AXY and their COT report. Both sides have take major steps back and the pair might not be safe to trade this comming week. Earlier this month the RBA decided to keep the interest rate at .25% and not raising the intrest rates any biasis points. so, as to why both sides have closed positions is unsual. the open interest...
I opened a position on Cocoa. 5year and 15year stacked seasonality favour long right now. Not significantly, but they do. This being said, it is an excellent outlook from a technical perspective. The price slows down as it approaches supsistence tested throughout the years from both sides. It has even worked recently. That time, it was resistance, now I hope it...
On the Pound Aussie we have a 222 pattern, and right now im waiting for the AMP RSI and HSI to trigger a signal which might Happen here in 7 minutes. Now, on to the fundamentals... the 5 year Pound Bond Yields looks like its wanting to form a double bottom which could attract more investors into the pound if it does actually bring value to the pound. I chose...
NG at a minimum here. Sharp retreat of MM shorts. Bottom? You can pick my 5 views here: mostly commodities (metals/energy)
In this analysis, the pair had rejected a weekly support and started the move to the upside. With help of the COT data we can confirm this is the start to the pair moving to the upside. ~Leave any feedback or ideas you have about this analysis
So, the Swiss Franc is generally used as a reserve currency. Something different from The Reserve Currency, but similiar. During times of high volatility investors look to throw their money in safe haven currencies like the Swiss to protect from the wild whipsaws of the market. So, here on the swiss there are no Harmonic Patterns to speak of so the COT data will...
On the Yen Index we are seeing some play off the 50%. there are no Harmonic Patterns currently on the Index but off the Fibo. so for the monday trap move we can have a move up to the 50 and then reverse. The Commercials have increased their longs by 10,000 orders. Now, an interesting thing on the Non-Coms side of things is that the Shorts marginally increased...
The Euro backs the Dollar Index (DXY) by something of 50 something percent on the chart we see a gartley pattern that has completed and on the way down. Now Scott Carney, whom i think is next chartist genius next to Gann, Elliot, Dow, and Gartley. He was able to take all their readings and somehow make one of the most traded or talked about trading systems in the...
Here on the Dollar Index we have a deep crab pattern (it was drawn on the smaller timeframes). price came down to the HOP and was rejected! Now what we can see (and will be backed by the COT data later in the post) is the dollar fall a bit more to retest the level and might have a rebound. Now, on to the COT data. we have the Commercials increasing thier longs...
Okay, here is why I decided to learn and study the COT. the pattern is a bearish bat pattern with a permissible tolerance of 3% of the B-point. Its a gorgeous pattern and could possibly go long term; however, i dont see it happeneing. The pattern is showing a sell and the COT which reports the big players positions a potential buy. so i would say approach the CAD...
Ok, the Aussie currently is currently getting rejected from the major resistance level. there is no real harmonic pattern to draw so here is the COT analysis. i think the aussie might be making moves to switch sides the open interest increased by 3500 orders the Commercial Longs reduced their positions by 4500 orders while the commercial shorts increased their...