- RUSSEL back to 2000 - Seasonally Russel is strong in DEC - Seasonally Dollar is weak in DEC - W-pattern + 1st Push unfolded - Looking for stophunt high and low, then 2nd Push - 2nd Push is run from 1850 to 2000 = MPP to MR2 - Also Demand-zone and 2 Deviation of Channel - COT supportive of move higher, Dealers more short and less long
- After Climax Low GBPCHF is now in a Higher Timeframe Accumulation - Initial buying below 1.10 - Looking for a 1000 pip mark up to 1.20 to offset longs - Inermediate selling longs along the way - 200Fib Extension of recent drop is Previous Year Open = 1.20+ - COT favors GBP abovce CHF COT VISUAL: images2.imgbox.com
COT Data is signaling that Wheat Futures ( CBOT:ZW1! ) are ready to pop after a few months of declines and chop As it currently stands, this is the shortest the Large Speculators have been on Wheat since 2020 where it bottomed at 589'4 to rally all the way as high as 1422'0. By no means do I expect a similar rally to ensure, but this does illustrate how oversold...
COT Data is pointing to the Euro ( CME:6E1! ) to continue its fall after seen a brief rally For the last couple months, the large speculators have been accumulating so much Euro that is is becoming over-crowded (See the green line in the NET COT FO graph on the weekly chart). A small catalyst could send this currency back into a downward spiral, fueled by the...
- Seasonally spoken NZD is supposed to be the strongest amongst the Majors - USD is supposed to weak in DEC - Seems like Institutions bought below 0.5750 - Looking for an offset 1000 pips higher above 0.6750 - 0.6250 = Previous Year Middle = Imbalance = GAP = Support - Volume preceeds price on the Daily - COT shows Asset Managers accumulationg longs and...
- Seasonally spoken NZD is supposed to be the strongest amongst the Majors - USD is supposed to weak in DEC - Seems like Institutions bought below 0.5750 - Looking for an offset 1000 pips higher above 0.6750 - 0.6250 = Previous Year Middle = Imbalance = GAP = Support - Volume preceeds price on the Daily - COT shows Asset Managers accumulationg longs and...
- Seasonal: S&P is supposed to be strong in DEC - Seasonal: USD is supposed to be weak in DEC - Pattern: Q4 created a W + 1st push, 2nd push is to be expected after stophunt - Technical: Bullish break of Market Structure on the Daily in OCT - Efficiency: D1 overlapping Gaps + Imbalances offer support around 3900 and 4000 - S&D: Weekly Supply-zone at 4500 with...
Hello hello! After a bearish year for GBPCAD , it finally shifts on a weekly perspective, breaking the Moving Averages & EMAs finally crossed. For the past 3 weeks we saw a strong impulse on this pair, now waiting for a slow correction that can be followed by another strong impulse upwards. Moreover, the Commitment Of Traders data shows confluence on this...
- Seasonally MXN is strong in NOC/DEC - Seasonally USD is weak in DEC - COT supports this outlook - Asset Managers + Leveraged Money accumulating Longs - Leveraged Money also distributing Shorts - Looking for a drop from DEC Pivot to DEC S2 - Higher Timeframe objective is Weekly Bullish Orderblock at 18.80 COT: images2.imgbox.com
- Seasonally EUR is strong in DEC - Seasonally USD is weak in DEC - COT-data supports higher prices - Looking for a run from DEC Pivot to DEC R1 = 1.0750
Seasonally Gold is strong in DEC Seasonally USD is weak in DEC GOLD Speculators COT-data supports this outlook Speculators accumulating longs while distributing shorts Looking for a run from DEC PP to DEC R1 = 2022 Yearly Open COT: images2.imgbox.com
Looking for EURUSD to weaken while Dollar retraces up in NOV Begin DEC Dollar should roll over and become weak again Higher Timeframe outlook for EURUSD is bullish 1.0750 is (first?) target COT shows Asset Managers buying EUR COT CHART: www.awesomescreenshot.com
EUR/AUD has caught my eye for a potential long. It posted a solid rally form the August low and entered a retracement phase, so at some point looking for it to turn higher. A potential bull flag is forming on the daily chart, and Friday’s spike lower shows a (failed) attempt to drive the market lower, where is found support at the July (close) high. Yesterday’s...
The price has broken the resistance and it is heading to the next resistance. from the COT data the jpy is falling drastically and i look forward to bag profit from this trade. What do you think?
Hello Traders! We can see the high probability model played out. Price runs the high. Leaving retail traders on the wrong side. If the commercials are increasing their net longs and we see previous high being broken. Keep in mind where you are buying or selling. Premium is for sells. Discounts are for buys. Will do a Intraday breakdown shorty.
Starlin is getting stronger. worse in Europe due to war. reach powerful support monthly, and weekly, cot shows the same. more likely to go down just lil bit before it hit the tp
\*SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will...
The AUDCAD has recently completed a triple top and has formed hidden divergence on the MACD. This is signaling a continuation of the downtrend. Also the COT Report has the Australian Dollar in a heavily short position and the Canadian Dollar positively long which setup up a nice short for us. Both of these currencies are commodity correlated. Gold is falling(...