EURUSD only

Had to say Powell is a great politician and his master in wall street will award him soon

I'll begin with the last chart, since it's more easy to explain that way.

These are the sum of all long, and the sum of all short positions held by the biggest non commercial traders and commercial traders on the Chicago Merchantile Exchange. On EURO FX futures.

We would like to find ourselves in the direction of the non-commercial traders (banks, etc...)
Commercial traders are for the most part hedging a position in case of a loss.
They are for the most part on the opposite side.

The last chart shows the number of all long and short positions.
You can see the short positions for non commercials are decreasing (moving away from the short side and moving towards the long side.

Second barchart, shows how many long and short positions on non commercial traders are being closed or opened. So you can see short positions are being closed, long positions stay the same.

First chart shows the net direction, below 0 is net short, above 0 is net long.
Here I flipped the commercial side, so their long positions go to short and short positions to long.
(Because they are hedging, and take the opposite side to protect from losses, in case the market turns)
The positions themselves don't matter really, it's the sentiment of these large traders, that is very interesting.

So we're still net short but it's the movement over time that gives clues on changing sentiment.

Now there isn't any data for the US Dollar, but as you can see, these large traders when looking at the direction of the difference in positions, follows the trend pretty accurate. Also keep in mind that it's lagging data. The last report is from tuesday last week.



Grtz

You are good! I am your fan!

https://cdn1us.denofgeek.com/sites/d...?itok=p7wNQc69

Thank you for supporting our bull’s army. Btw, that’s the end of strong Dollar’s story.

I didn't like it anyway. I am on the bull side. Waiting for 1,15- 1,25.

I think it was the H1 engulfing bull candle 6 hours ago that really caught me in.

close all buys near the H1 200 ema

H1 Status Update

For my followers: Candles closing above GREEN line did its job as expected.. Now we arrived at previous Dashed-TL area.. We keep buying touches to nearest Dashed-RED TL.. For long candles I generally clone the dashed lines a little above the middle.. 1.1230/35 area could be potential touch zone..

Stay Green

FED blinked again good luck to all EU Bulls

Happy Trading

I will not say where I bought earlier (Ivan will come and scold me ),
but the price has reached TP1 on my chart. And this is good .

EUR/USD is trading at 1.1250, that is MA250 area.
The next resistance, that will be reached in the case of the current area breaching, is MA55 at 1.1280.
Bearish trend may be considered as breached.
Support is 1.1200 and 1.1180
RSI shows 50 (neutral)

Me either. Holding long costs a lot.

Lmao.....

Its happy to see you after a long gap.

Welcome, mate! Don't lost yourself again.

Thank you make my friend

Thank you my friend

Ok what did he say? I want to buy again
no reaction