Weekly COT report Analysis + Trade Ideas | Page 400 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

COT report... futures or futures and options report? 11 replies

EA, GA, GCAD, GJ, GN - Analysis and trade ideas 11 replies

Cot - Report in application to the Forex 2 replies

Fundamental Analysis - Trade Ideas 2 replies

COT report 1 reply

Attachments: Weekly COT report Analysis + Trade Ideas
Exit Attachments

Weekly COT report Analysis + Trade Ideas

  • #7,981
  • Sep 21, 2020 3:44am Sep 21, 2020 3:44am
Quoting shahab8b
EURUSD, holding short, M5, watching this expanding triangle with a bearish bias. it is a bidirectional pattern. An upside side breakout might be limited by R zone below 1.19 {image}
EURUSD, short trade (3rd attempt). EU finally broke out of that expanding triangle I mentioned on Friday. A difficult pattern to trade. A novice trader would buy the upper R break out. tp @ 1.15 based on the possible broadening top formation on daily chart posted before
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15 921.png Size: 37 KB
  • #7,982
  • Sep 21, 2020 3:51am Sep 21, 2020 3:51am
EURUSD, for those with FOMO, possible short setup on the M5. alternatively, EU can be bought below 1.175 (to 1.17 with SL below 1.17).
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5 921 2020.png Size: 42 KB
  • #7,983
  • Sep 21, 2020 3:59am Sep 21, 2020 3:59am
Quoting shahab8b
{quote} GU, I think the rejection @ 1.30-1.3035 R zone (former structural S of the daily uptrend) was quite significant. For any upside chance, it has to firmly break above that R zone. The bias remains bearish against 1.30 {image}
GBPUSD, short trade, sl to (+90), tp @ 1.265. It's looking more bearish after breaking that channel that seems to be a bearish flag
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1 921.png Size: 42 KB
  • #7,984
  • Sep 21, 2020 4:04am Sep 21, 2020 4:04am
Quoting Roszey
On GBPUSD, 1.30 looks like a strong resistance, and support of 1.295 has been broken. I think a retest is of 2950 should a good price to sell from again. A new SW is formed on the price and has not been tested. {image}
Roszey, that was a great short entry!
  • #7,985
  • Sep 21, 2020 4:05am Sep 21, 2020 4:05am
GU, possible short setup if we get a retracement.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 921 u.PNG Size: 101 KB
  • #7,986
  • Sep 21, 2020 4:14am Sep 21, 2020 4:14am
Quoting shahab8b
GU, possible short setup if we get a retracement. {image}
It will take some time for the price to get there. But let see anything can happen
Le$$ I$ More
  • #7,987
  • Sep 21, 2020 4:15am Sep 21, 2020 4:15am
Quoting shahab8b
EURJPY, possible H&Sh?? {image}
EURJPY, short trade, tp @ 120
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYDaily 921.png Size: 39 KB
  • #7,988
  • Sep 21, 2020 4:18am Sep 21, 2020 4:18am
Quoting shahab8b
{quote} EURJPY, short trade, tp @ 120 {image}
With you on that one
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY(£)M30 mm.png Size: 34 KB
  • #7,989
  • Sep 21, 2020 4:20am Sep 21, 2020 4:20am
Quoting Stev1929
{quote} With you on that one {image}
Great job!
  • #7,990
  • Sep 21, 2020 4:26am Sep 21, 2020 4:26am
Quoting shahab8b
NZDUSD, daily chart remains bullish above 0.66, but there is a possible bearish wedge pattern in progress. I'm already short NU as posted before. The M30 chart shows a possible short entry around 0.6765- 0.6775 with SL above 0.6785. TP @ 0.64 (RRR 18:1) {image} {image}
NZDUSD, short trade update. I added another position as I posted this trade idea.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM30 921.png Size: 38 KB
  • #7,991
  • Sep 21, 2020 4:28am Sep 21, 2020 4:28am
Same, on a break of the daily pivot
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD(£)M30 mm.png Size: 38 KB
  • #7,992
  • Sep 21, 2020 4:32am Sep 21, 2020 4:32am
EURGBP, possible short setup
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP 921.PNG Size: 58 KB
  • #7,993
  • Sep 21, 2020 4:48am Sep 21, 2020 4:48am
Quoting shahab8b
{quote} NZDUSD, short trade update. I added another position as I posted this trade idea. {image}
Regarding the management of this trade (or any other trade for that matter), this is no single best approach. A safe approach is taking profit on half of the trade (+50 pips atm) and move sl to b/e or small profit and set tp @ 0.64 and forget about it.

I will write more on trade management in general when I get a chance.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM30 921 4.png Size: 52 KB
  • #7,994
  • Sep 21, 2020 5:01am Sep 21, 2020 5:01am
EURUSD, daily shows a topping pattern, whether it's a broadening formation or a complex or simple H&Sh (as Al suggested). Structural S @ 1.1750-1.17.
Attached Image (click to enlarge)
Click to Enlarge Name: EU 921.PNG Size: 63 KB
  • #7,995
  • Sep 21, 2020 5:08am Sep 21, 2020 5:08am
AUDUSD, I'm watching this TL, there's a good chance it breaks to the downside. will update
Attached Image (click to enlarge)
Click to Enlarge Name: AU 921.PNG Size: 81 KB
  • #7,996
  • Sep 21, 2020 5:11am Sep 21, 2020 5:11am
EJ closed +101 and UJ closed +18 Have a busy day so banked and will come back later
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPY(£)M15 close.png Size: 34 KB
Click to Enlarge Name: USDJPY(£)M15 close.png Size: 34 KB
  • #7,997
  • Sep 21, 2020 5:37am Sep 21, 2020 5:37am
AUDUSD, pending sell @ 0.73, sl 20, tp @ 0.68
  • #7,998
  • Sep 21, 2020 5:45am Sep 21, 2020 5:45am
Quoting shahab8b
{quote} Regarding the management of this trade (or any other trade for that matter), this is no single best approach. A safe approach is taking profit on half of the trade (+50 pips atm) and move sl to b/e or small profit and set tp @ 0.64 and forget about it. I will write more on trade management in general when I get a chance. {image}
I am very interested in your trade management method. Looking forward to reading what you have to say.
Observation is the path to discovery.
  • #7,999
  • Sep 21, 2020 5:55am Sep 21, 2020 5:55am
Quoting shahab8b
AUDUSD, pending sell @ 0.73, sl 20, tp @ 0.68
I´m with you on this one.
Observation is the path to discovery.
  • #8,000
  • Sep 21, 2020 7:43am Sep 21, 2020 7:43am
Quoting shahab8b
NZDUSD, daily chart remains bullish above 0.66, but there is a possible bearish wedge pattern in progress. I'm already short NU as posted before. The M30 chart shows a possible short entry around 0.6765- 0.6775 with SL above 0.6785. TP @ 0.64 (RRR 18:1) {image} {image}
NZDUSD, short trade update, I was suspecting this: it's forming a possible double top formation with neckline @ 0.66 in the context of a bearish wedge pattern.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDDaily 921.png Size: 44 KB
13 traders viewing now