We are planning to buy the EURUSD after the nonform payrol tomorrow. This is idea is based on commitment of traders (COT).
Futures only. Preliminary was 2.142.725 getting back up close to latest COT report OI 2.154.450 of 17/3/2020 On a wider chart compare May & other contracts 2019-2020 Scripts did them for myself, are free to copy, let's discuss, pls + You can see my 5 layouts live here:
Der Preis hat ein Level erreicht, von dem er früher schon öfter abgewiesen wurde. Zusätzlich haben die Commercials die größte Netto-Short-Position der letzten Jahre aufgebaut. Der starke Anstieg des Open Interest (in Kombination mit den fallenen COT-Werten) ist ein weiteres Schwäche-Signal. Der wöchentliche RSI ist überverkauft. Auf Tagesbasis ergibt sich...
Headlines • COT Shows Reduction in Light Crude Short Non-Commercial Positions for Week Past • Crude Oil Gaps Down More than -3% as Global Risk-Off in Asia Hits Markets • South Korea Covid-19 Cases Surge to more than 700
Commercials have been heavily selling gold since mid June 2019. Per the 2/24 COT Net Positions for commercials they have decreased their long positions and increased their short positions. While the COT Net Positions for institutions have increased both their long and short positions. (There are two types of institutional traders which are long-term and...
XAUUSD Weekly timeframe On the weekly timeframe we can see a big push to the upside without any retracement (this is from the 18 Nov 19 to 3 Feb 2020 with no push down). Another factor that could lead to a push to the downside is the level that gold is on right now. Before in Sep 26 2011, Dec 12 2011, May, Jun, Jul, and Aug this level was well-respected...
Price finding support Price in a possible wedge pattern Sharp decline this past week Looking for price to move up
compare WTI Open Interest for Mar-Apr-Jun-Sept-Dec contracts along 2018-2019-2020 years
Gold net long positioning may have reached extreme levels as price hoovers around a major supply zone. Hedge fund net long positions dropped by 9% while the retail positioning increased by 4% presenting a set up to move price the other way. We may see a retest of the weekly or monthly highs but it may seem that the decline is inevitable
OANDA:AUDCHF Is probably making its way up. Watch out. #AHMEDMESBAH
Non-Commercials and Non-reportables are already approaching extreme levels in Net-Long positioning as @ Jan 21, 2020. Non-Commercials = 68K, Non-Reportables=25k. Net positions at 97% and 87% respectively. We may expect to see exhaustion as price already at a previous month's high. We may see price attempt to retest the supply zone before a reversal occurs. We...
There's a drop in interest by MM longs and Prod Shorts since COT. Spreads increasing
Confluence We can clearly see a well-tested resistance area on the 4-hour chart a potential spot to take a short position. I am still waiting for confirmation in this area and therefore I will not trade this area blindly. Another confirmation is the fact that the RSI is overbought + it is that in a key resistance area. The last factor is the potential head and...
Erdgas ist auf dem niedrigsten Level der letzten Jahre. Nur in Dec2015 und Feb2016 konnte der Preis noch unterboten werden. Die Commercials haben sich ordentlich eingedeckt. Dennoch könnte das Open Interest noch ein Stück höher und der RSI tiefer sein. Auch die Saisonalität spricht dafür, dass es noch einmal einen Dip nach unten geben könnte. Daher würde ich...
The last balance of trade report may spur the buying sentiments of the hedge funds for the Sterling. The BOT report exceeded forecast as actual stood at GBP4.03B as against -3B forecast. The hedge funds have been accumulating long positions on the Sterling since 24 December 2019. Price have hoovered around previous months lows. We could see price push up
I already told, here in this blog, dozens of times how powerful this signal is. You can check here how and when it triggers. Checking the chart for gasoline rbob, you will see how effective this was last time it gets activated. This is the second week in a row we have this signal poping in the cot tool, and from the last signal to now the instrument already moved...
Maybe a descending triangle as well, but seeing the recent bullish upward since Goldman Sachs recommended a buy rating from neutral. It actually appears as though COT has formed a Triple Bottom, which also appears slightly as a Ascending Triangle. The triple bottom is similar to the double bottom chart pattern and may also look like ascending or descending...
If the price falls below the significant resistance in brighter green we could really see btc tumble