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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

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NFP nice bump up on EURUSD 2 replies

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EURUSD

Quoting Techanalyst
{quote} EURUSD bullish. Enough said. {image}
How are you coming up with EURUSD bullish from this report?
Quoting Waveskierrob
{quote} How are you coming up with EURUSD bullish from this report?
It doesn't matter. The Forex market is BS.

But to answer your question, there are far more people going long in NON-COMMERCIAL than people who are short on the Euro. See this report for a clearer picture: https://www.tradingster.com/cot/legacy-futures/099741
Learn from your mistakes and march on.
Quoting here2there
{quote} It doesn't matter. The Forex market is BS.
I know I never try to predict the market but when people post I like to give them the chance to justify it, if they don't then its just a waste of everyone's time and is meaningless.
Quoting Waveskierrob
{quote} I know I never try to predict the market but when people post I like to give them the chance to justify it, if they don't then its just a waste of everyone's time and is meaningless.
I updated my comment and added the following to it: to answer your question, there are far more people going long in NON-COMMERCIAL than people who are short on the Euro. See this report for a clearer picture: https://www.tradingster.com/cot/legacy-futures/099741
Learn from your mistakes and march on.
Quoting Waveskierrob
{quote} How are you coming up with EURUSD bullish from this report?
Commercial traders are a larger percentage of trades but they are hedging exposure to whatever business they are in. They aren't interested in making money purely off of their positions, but preventing losses. Non-commercial traders are likely money managers who are making purely speculative trades.
Quoting here2there
{quote} I updated my comment and added the following to it: to answer your question, there are far more people going long in NON-COMMERCIAL than people who are short on the Euro. See this report for a clearer picture: https://www.tradingster.com/cot/legacy-futures/099741
Thanks for your input
Quoting Waveskierrob
{quote} Thanks for your input
Just keep in mind that the COT report comes out days later. In other words, it's lagging. That's not to say it isn't useful. It serves its purpose in identifying the long term trend. However, it's not reliable for day trading.

Another tool that is useful can be found here: https://fxssi.com/tools/current-ratio
Learn from your mistakes and march on.
Quoting here2there
{quote} Just keep in mind that the COT report comes out days later. In other words, it's lagging. That's not to say it isn't useful. It serves its purpose in identifying the long term trend. However, it's not reliable for day trading. Another tool that is useful can be found here: https://fxssi.com/tools/current-ratio
Thanks again but I never try to predict the market, no news, no reports, no charts, no indicators just buy and sell window
Just as a thought if the majority on non-commercials are long and 95% of "traders" lose money what does that tell us, again just a thought
Good day. EU today is bullish trying to rise above 2105 and 2123 supports, resistance iis at 2176 and 2200 strong level.

Brexit, positioning, covid-19 restrictions and vaccinations are themes in the market that can make the traders decide and move the market in either direction.

Have a great day ahead.
Looking for profitable short term trades ...|
Quoting Waveskierrob
Just as a thought if the majority on non-commercials are long and 95% of "traders" lose money what does that tell us, again just a thought
Non-commercial isn't retail.
Learn from your mistakes and march on.
Quoting here2there
{quote} Non-commercial isn't retail.
Yea sorry my bad, been a long night, brain overthinking
Quoting here2there
{quote} I updated my comment and added the following to it: to answer your question, there are far more people going long in NON-COMMERCIAL than people who are short on the Euro. See this report for a clearer picture: https://www.tradingster.com/cot/legacy-futures/099741
So why are the COMMERCIALS not taken into consideration?
Quoting Waveskierrob
{quote} So why are the COMMERCIALS not taken into consideration?
I'm wondering also, suppose their buy or sell will affect the market as well
Do we really need any Commercials or retailers , or Institutions to tell us what they are doing , so we can imitate them...????????????????????????????????????????????????????????????????????????????????????????????????????????????

E. is bullish . Kindly consider . [ NEW Nigerian slogan... ]

Quoting F.g
Do we really need any Commercials or retailers , or Institutions to tell us what they are doing , so we can imitate them...???????????????????????????????????????????????????????????????????????????????????????????????????????????? E. is bullish . Kindly consider . [ NEW Nigerian slogan... ]
No we don't, but big banks wants to move out from the market
Quoting F.g
Do we really need any Commercials or retailers , or Institutions to tell us what they are doing , so we can imitate them...???????????????????????????????????????????????????????????????????????????????????????????????????????????? E. is bullish . Kindly consider . [ NEW Nigerian slogan... ]
Looks like some people do, its good to find out how and why they use these reports, I wouldn't personally but what ever floats your boat
Quoting f.g
the only way for the market makers to make money in a bullish move is to 1st make sure most traders are bearish . Consider
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I am Selling EU last few days but these mexicans are scrambling over my gambling money...

Honestly speaking does anyone here own any futures in LamboUsd?!?
Quoting dskwon
I am Selling EU last few days but these mexicans are scrambling over my gambling money... Honestly speaking does anyone here own any futures in LamboUsd?!?
At present the EURUSD is moving into a bearish descending channel and it is expected to touch 1.2100 in the Asian Trading session tomorrow.
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