SigmaTrading

SigmaTrading

According to last week’s GBP COT Report, we can notice that it continues to add even more long contract positions, which can be an indicator that the GBP is ready to move towards its equilibrium values. On the other hand, the USD weakness is still a fact and the question when it can recover, remains open. We can see that Gold’s COT had some short contract size...

SigmaTrading

According to last week’s JPY COT report we can see something interesting. Even though the JPY is overall dominating with its long size contracts, we can see that there is a sudden increase with the short ones as well. The size of the third and final downtrend wave is determined by how fast the dollar can recover and therefore we have 2 possible scenarios for...

SigmaTrading

The GBP keeps maintaining a strong short-term momentum in favour of the COT long contract positions. This may lead to a re-test of the 140.000 area. Still we should not forget that the short contracts are still with much higher sizes. From a COT perspective as well as from a technical one we can see that GBPJPY still has some space to move towards the 140.000...

SigmaTrading

The EUR COT contracts are at record sizes for long contracts. Throughout the history we know that such moment where we see values far from the equilibrium, the trend changes its direction. On the monthly chart we can see that from 2008 till 2012 price was following a downtrend and after it reached the monthly critical near 95.000 price started moving in an...

SigmaTrading

COT (Commitment of Traders) perspective: The long contract sizes still dominate over the short with record highs. This indicates us that price still has space to move towards the weekly supply level. The bottom weekly-trendline got respected 4 times and last time price received strong demand pressure. Now it is currently in an upside momentum towards the...

SigmaTrading

According to last week’s COT Report, the silver still holds a strong “long” contracts size position. The interesting thing to notice is that the “Producers” are putting some sell pressure in the market. This may result in a small correction towards the previous monthly critical area near 21.00000, after price got a strong rejection after the attempt to close...

SigmaTrading

According to the last few GBP Reports we see that the long contracts are starting to regain momentum. This will most likely lead to a move towards the upper-monthly trendline near 1.35000. 1. On the monthly timeframe we can see that price got strong support from the monthly critical after it rejected the break-attempt in March. 2. On the weekly timeframe we can...

SigmaTrading

The latest COT Report came once again with dominating long positions just as we predicted. But now we must be a bit more careful since the “Dealers” short contract sizes are above 400 000 right now, which is with more than 100 000 more than the previous record. Any time a trend-reversal may take place. On Friday price broke over the upper-monthly trendline....

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SigmaTrading

Hello all, this lesson will be about my monthly/weekly, daily, 4h etc. supply/demands critical areas, so you can get a better idea why i use them. After you know the most basic thing about my analysis, we can start with the next baby steps in understanding price direction. This also goes for all of the structures such as closed triangles, trendlines etc. on the...

SigmaTrading

According to this week’s JPY COT report we can see that the Yen is stacking up even more long contract positions. We can expect it to hold a strong position among most of the pairs surely till the end of the month. AUDJPY has been in an uptrend since the false breakout in March 2020 where it reached the 60.000 mark near the monthly critical area. Now it has...

SigmaTrading

According to last week’s EUR COT Report we can see that the long contract sizes are not only dominating the long/mid-term trends, but also there was a huge increase from last week as well. Last week we did amazing on the EURCAD pair. Price finally went over the daily and 1H critical areas near 1.55780 and now we have a great trading opportunity: 1. Price...

SigmaTrading

According to last week’s COT Gold report we can see that it still holds the dominance in the “long” contract sizes. If this trend continues an attempt for the 2000.000 area is possible. A few weeks ago, we predicted that the price will reach the 1860.000 and it happened. Before that it consolidated for more than a week, when it finally broke the closed triangle...

SigmaTrading

After the rejection from the 4000.0 area near the weekly critical zone, we saw a strong support breaking through the next weekly critical zone near 5500.0 and the daily critical near 8500.0. Right now, the price is in a consolidation and pretty soon a strong move will happen. From a technical perspective our next goal will be the 10000.0 mark. After it is...

SigmaTrading

According to last week’s EUR COT Report, we can see that it remains with really strong “long” contract positions. It is expected that the EUR keeps its upward momentum. Price moved exactly according to our previous analysis towards the 124.000 area. Now after hitting the psychological 124.000 zone in the 4H critical area, we can expect 2 ways the price...

SigmaTrading Updated 

Red zones- critical zones based on the daily time frame Blue zones – critical zones based on the 4h time frame Orange zones – critical zones based on the 1h time frame According to last week’s EUR COT Report we can see that the “long” contract sizes remain strong. This week the continuation of the bullish momentum will most likely stay unchanged. On our 4H...

SigmaTrading

According to last week’s GBP COT report we can see a strong increase in the long “contract” sizes. Even a decrease in short positions can be seen within the long-term investors. This will give us an opportunity to break the upper-trendline of the closed triangle on the daily timeframe and possibly even reach the monthly critical near 139.000. After we made the...

SigmaTrading

According to last week’s GBP COT report we can see a strong increase in the long “contract” sizes. Even a decrease in short positions can be seen within the long-term investors. This gives us a strong confirmation that price will most likely once again go towards the daily critical near the 1.81000 area. The last few months we are in a downtrend and finally we...

SigmaTrading

According to the last Silver COT Report we can see that it continues dominating “long” contract size positions. And that’s why I expect the price to go for a second top near the 22.50000 area. After price closed above the 4H critical zone at 19.60000 we saw a strong upward momentum towards the monthly critical near 22.80000. Price closed above two critical zones...