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Cot - Report in application to the Forex 2 replies
COT report... futures or futures and options report? 6 replies
Fundamental Analysis - Trade Ideas 2 replies
EA, GA, GCAD, GJ, GN - Analysis and trade ideas 8 replies
COT report 1 reply
Disliked{quote} Like you I was waiting for 1.1950 on EU. I went short after I saw it wasn't going to make it. I still prefer to see 1.1950. The upswing looks incomplete. {quote} ... {image}Ignored
DislikedFibonacci levels work well when you combine them with RN/ 0.5RN or S/R S/D zones. Here is an example on EURGBP. I had to cover my long trade when I noticed the rejection at Fib 0.5. But it was too late to take a short trade {image}Ignored
Disliked{quote} Similar story on EURNZD - spotted the 61.8 at 1.71 and the PA and took a hedge sell Lower buys hit for BE now. I was possibly too invested in NZDUSD 0.70 and took a small hit on it. {image}Ignored
Disliked{quote} NU 0.70 did provide a 45-50 pips drop. It served its purpose. The first touch is usually the best one. I usually take the 2nd touch if it is in the direction of the trend.Ignored
Disliked{quote} Yes, no excuses here. There should not be any loss off 0.70 NU. It was poor trade management and bias.Ignored
Disliked{quote} Yea it happens. I think the next good level is 0.72, it has a good overhead supply zone. {image}Ignored
Disliked{quote} NU is now at the top of a large broadening formation. I am short and adding here. here is the daily chart. {image}Ignored
Disliked{quote} Hi Al, I see what you mean. Your trading style is more relaxed. I am not comfortable with more than 20-30 pips DD. But on the other hand, I can sit on a trade with sl at b/e for days.Ignored
Disliked{quote} Hi Al, I see what you mean. Your trading style is more relaxed. I am not comfortable with more than 20-30 pips DD. But on the other hand, I can sit on a trade with sl at b/e for days.Ignored
DislikedAUDJPY has been good to me. I should back up and say, this thread has been good to me. Big "ups" to Shahab8b and C-12 for their wisdom and trading talents. As I previously stated, I have issues with drawing retracement levels, as I don't when is the appropriate time to draw them. That is, what constitutes a Swing High and what constitutes a Swing Low. But this is a thread that deals with confluence. And I noticed charts with the weekly pivot point on them. Accordingly, I decided to "play to my strengths" and focus on Supply/Demand Delta Zones and...Ignored
DislikedConfluence for me doesn't have anything to do with RNs, but I still owe much gratitude to this thread.Ignored