Good day Traders, We know that EUR is strong. CAD net positions are negative from a non-commercial view. EURCAD retail Sentiment is 79% short, while Smart money is long. We have lots of retail liquidity to the upside, therefore I'm looking to swing. EURCAD for next week
Hi Traders Herewith desired price action before taking entry long
Trade are still running patience pays, Big changes for state companies and nationalising the Reserve Bank – here are key proposals from the ANC The ANC suggested that measures be taken to contain state debt and said that the introduction of a wealth tax be considered to reduce inequality. The draft policy documents also reiterate that the government should...
Retail traders adding shorts by 12% this week so far, might remove TP here and keep it running
Asia low has been taken, It's in the buying zone (fib 61.8) Trade is active
From previous Analysis on the EUR we can see that EUR from a non-commercial perspective is long. the NZD on the other hand we see net position have been very cooled off. looking at retail traders' sentiment 61% of their position are short. On the daily chart we have a very nice impulse correction. I'll be looking for buys here actively. and day trade this long on...
Price going up as expected, retail liquidity up ahead
Good Day traders, Last week institutions started to reduce some of the open interest , They took some profits on their longs with 29 344 contracts getting closed. On the short side we didn’t see an increase in their shorts. Therefore net positions reduced by 16 247. On the 13th of December they started reducing their exposure. Although we see that the open...
Dow jones has seen a very interesting time, Non Commercial are still short, Retail trades on the SP500 Index are 50/50 with their positions. Giving me a clear indication that we could see this market pushed up to lure retail traders to get long and then for market markers to step in and bring this down. There is very little evidence here and would trade this...
EURJPY has the largest open interest for retail traders. From previous analysis we can Expect a strong EUR based on the Cot Reports. EURJPY uptrend on a weekly chart is very much intact. Price has made Equal Lows ( Double Bottom) and hit a weekly Demand zone. Id like to see a close above 142.944 and then go long here. Should price coming down and do a stop hunt...
Bullish Daily Integrity as been broken, EURUSD is negatively correlated with the DXY which has an H1 trend going(bullish), This is a swing (position trade) its a very early entry will monitor the H1 on DXY
With Foreign Equites taking a beating, our Local market has been doing very well, I personally feel we could see profit taking from these levels. we could see a flight to safety into SA bonds here.
I'm by no means an Elliot wave fan but on a daily and weekly chart it proved to be valuable. I believe we are in a weekly/monthly 4th wave correction, and daily cycle we could see an extended 3rd wave with signs of an ending diagonal on lower time frames. Due to seasonality and low liquidity, we could see EURSD going into a range after December CPI reading,...
We now have a H1 uptrend, trade small on XXXUSD pairs shorts, keep adding them shorts
Starting to see good signs here on H1, its very early and DXY can quickly fall further from here, but we could see a trend develop here on H1 and then on H2,H4 etc. COt data will show the true intentions of the smart money
happy new year's all, well said previously I'm expecting a strong USD in Q1, It looks like we have our initial reaction. This could be a fast and hard move up on the DXY into the Weekly Fair value gap We should be there by end of Feb Mid March. Where we could see a pause, COT data will be crucial this week to analyze it will setup the next couple of months
Ready to sell Bitcoin when price comes to my level. As per previous analysis
US Stock Santa rally is over, we now have a double entry confirmation on the US500. I'm ready to sell this market at 3935.80 down to 12 months Demand where I'll start buying the SP500 ETF for the very long term. My entry rules are wait for Stop Hunt and then a break of structure, and a Return to Orderblock Lower time frames (or 50% FVG Macro time frames) after a...