*SMART MONEY CONCEPTS* (SEE ATTACHED RELATED IDEAS) I have a 15 min chart that I looked at and fiund Smart Money concepts throughout that would suggest a short as long as the price is moving bulish at midnight NY Time... Even then my daily outlook maybe off. But I don't believe my weekly outlook will be off. There's too much to sugggest a short. Such as the...
The monthly to daily time frames is facing down. The price seems to push down. Therefore if the price of Gold crosses 1834.311, please sell Gold. what do you think?
The CFTC has failed since 24th January to publish COT data. “Following the ION cyber-related incident, reporting firms are continuing to experience some issues submitting timely and accurate data to the CFTC. As a result, the weekly Commitments of Traders (CoT) report that normally would have been published on Friday, February 17, will be postponed." ...
COT: Dollar has weakened significantly since mid NOV-22 Driven by institutional selling of long contracts since begin Q4-22 Assisted by accumulation of short contracts sinds JAN-23 Outlook for Q1-23 remains sideways to down Next downside level is 99.60 FOMC & NFP: Before another drop below 100 big figure a retrace is likely 103+ will likely be...
- Gold strength in synch with Dollar-weakness - 2022 distribution-pattern seems completed - M (double top) follwed by 3 impulses lower done - Q4-22 started with W-pattern follwed by first impulse up - Rotation higher is in line with seasonal expectations (strength in NOV/DEC/JAN/FEB) - COT: Institutions are accumulating longs while distributiing shorts, this is...
COT: - Non-Commercial Positions as of 28-1-23 - JPY inverted (down = less shorts) COT JPY (YELLOW): - Moving less short since mid OCT-22 - JPY COT dictates CADJPY price since mid OCT COT CAD (PURPLE): - CAD moving more short since AUG-22 - CAD sideways since begin JAN-23 - Early indication that CAD is recovering from weakness across the board? TARGETS: -...
USDCAD D1 28-1-23 = SD + PP + GAPS - Seasonally FEB/MAR/APR should be bullish - COT however is in favor of lower prices - Technically it looks very bearish - Lower Highs > Lower Lows on HTF - Pivots: Price started the Quarterly at QPP, now moving to QS1 = 1.3250 - 1.3250 = QS1 = Demand-Zone = GAP = Imbalance = 50% Upswing / very likely to be hit - 1.3000 =...
Looking for a drop to 1.30 big figure COT: Looks like Institutional switching from acc. to dist. CAD shorts COT: USD longs in dist. mode since Q4-22 COT: Both developments spell more downside for USDCAD Pivots: Q1-23 starts with selling the Qarterly Pivot Pivots this predicts Quarterly S2 TA: Daily downtrend evolving with a HH > HL > HH > HL...
Looks like EURUSD is heading for 1.1250: 1500 Pip Seasonal run from 0.975 to 1.1250 Dollar is weak(ening, looking for USDX to drop below 100 While Dollar in weakening-mode EURUSD is going strong COT Longs: Institutional Investors accelerated their long position COT Shorts: Institutional Investors pauzed their short position
Expect lower prices based on: Seasonality (JAN/FEB down) Pivots )Monthly Pivot to Monthly S2) COT (EUR doWn, AUD up) Techicals (Break of Structure, Lower High) Relative Strength (EUR weaker, AUD stronger) 1.5000 as downside target for Q1
Monetary Policy: - BOJ is making a significant change - Longterm YieldCurveControl target of 0,25% is relaxed to 0.50% - Higher targets are to be considered - This would mean more YEN-strength - FED still hiking rates, but expected target-rate for 2023 is moderate: 4,75% - 5.00% COT: - Institutions started distributing USD-Longs since Q3-22 - Insititutions...
- SEP FOMC meetings pivotal post-Covid ACCUMULATION: - From FOMC SEP 2020 until FOMC SEP 2021 price was accumulating in a range - From FOMC SEP 2021 until FOMC SEP 2022 price was trending up MARK UP: - Trend progressed in 3 COT-stages: 1. Re-accumulation (Large COT increase while price remains relatively depressed) 2. Mark Up (Limited COT increase while...
- 2020: 1 Year of accumulating SHORTS, LONGS used to depress price - Q2-21: Distributing SHORTS while Accumulating LONGS - Take profit on SHORTS, use profits to to accumumate LONGS - Take some profits on LONGS to consolidate price - 2021: Accumulating LONGS (3 impulses) - 2022: Q2+Q3 = Mark up price, Q4 = Distributing LONGS - COT indicates that more LONGS need to...
- Institutional actions preceed price in past 2 years - COT is inverted to better show correlation between shorts and price - 2021 was consolidation phase where institutions accumulated shorts - First 9 months of 2022 was mark down phase - Driving price to a level where shorts could be distributed with a healthy profit - Last quarter of 2022 was profit-taking...
Silver commands value both as a precious metal and an industrial metal. Silver is often considered as a poor man's gold. According to the Silver Institute, Silver is used in solar cells (also known as photovoltaic cells which convert sunlight into electricity), electrical switches, and chemical-producing catalysts. Its unique properties make it nearly impossible...
- RSA W1: GBP strong, CHF weakening - COT: GBP buying longs AND selling shorts, CHF only selling shorts - LVL: PMH & PWH at 1.1540, CQH at 1.1570, levels approached but not yet purged - PP: MPP predicts MR2 = 1.1810 - TA: Price makes HH > HL since mid NOV - PTRN: W + 1st push completed - VOL: Volume preceeds price on H4, Price above QVWAP but BELOW MVWAP & WVWAP -...
Hello traders! We can finally see a shift in the momentum of GBPUSD, after a bearish year. The pair seems to create a nice impulse upwards on daily timeframe, and we can be looking for an entry after the price breaks the resistance on 4H. All the indicators that I use indicate a bullish move, the price is above EMAs, retesting them, the moving averages also...
- Seasonally AUD is strong in DOC - Seasonally USD is weak in DEC - Institutions bought below 0.6250, looking for 1000 Pip Mark Up - Seasonal target is 0.7250 before USD gets strong again (in JAN) - Correlation: NZD is leading, AUD is lagging - COT confirms the move higher