Weekly COT report Analysis + Trade Ideas | Page 447 | 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

  • #8,921
  • Nov 6, 2020 9:13am Nov 6, 2020 9:13am
Quoting shahab8b
{quote} got stopped out on that trade. I went long again @ 1.31, sl 20
GBPUSD, long trade.

If this fails, I will be looking for possible long setups @ 1.3050 and 1.30
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15 116.png Size: 47 KB
  • #8,922
  • Nov 6, 2020 10:17am Nov 6, 2020 10:17am
Quoting shahab8b
{quote} got stopped out on that trade. I went long again @ 1.31, sl 20
GBPUSD, long trade update, sl t b/e. Possible short setup @ 1.32
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15 1164.png Size: 43 KB
  • #8,923
  • Nov 6, 2020 10:52am Nov 6, 2020 10:52am
Quoting shahab8b
{quote} GBPUSD, long trade update, sl t b/e. Possible short setup @ 1.32 {image}
Awesome shahab what is your concept when you see for reversal trade!?
  • #8,924
  • Nov 6, 2020 1:16pm Nov 6, 2020 1:16pm
Quoting mizi123
{quote} Awesome shahab what is your concept when you see for reversal trade!?
Do you mean counter trend trades or trend reversal? For counter trend, first I identify possible zones using the confluence levels (S/R, round number, fib, etc.), then I look at the smaller tf for favorable candlestick formations. If I have high confidence in the setup I might use a pending order. Also, you can use EW and Fibonacci extensions to identify a possible reversal zone. For GU here, I am thinking wave 5 should end up somewhere between 1.32 and 1.3250. After that we will have a correction for a possible short setup. Usually for a trend reversal, you are looking at a more substantial move than just a small retracement. And you want to see a classic reversal pattern (H&Sh, double/triple top/bottom, V-shaped, etc) or a very clear candlestick formation (e.g. gravestone or dragonfly doji at the right level followed be a confirmation bar) or a break of both TL and S/R.
  • #8,925
  • Nov 6, 2020 1:21pm Nov 6, 2020 1:21pm
Quoting shahab8b
{quote} Do you mean counter trend trades or trend reversal? For counter trend, first I identify possible zones using the confluence levels (S/R, round number, fib, etc.), then I look at the smaller tf for favorable candlestick formations. If I have high confidence in the setup I might use a pending order. Also, you can use EW and Fibonacci extensions to identify a possible reversal zone. For GU here, I am thinking wave 5 should end up somewhere between 1.32 and 1.3250. After that we will have a correction for a possible short setup. Usually for...
THank you bro explanation was more that i was locking for
  • #8,926
  • Nov 6, 2020 1:33pm Nov 6, 2020 1:33pm
Quoting mizi123
{quote} THank you bro explanation was more that i was locking for
Anytime. Here is an example of trend reversal on GU. Although it didn't drop very deep but it was a good setting.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 116 2020.PNG Size: 118 KB
  • #8,927
  • Nov 9, 2020 2:28am Nov 9, 2020 2:28am
Watching silver for possible short.

Attached Image (click to enlarge)
Click to Enlarge Name: XAGUSDH4.png Size: 83 KB
Markets will move to the right.
  • #8,928
  • Nov 9, 2020 7:47am Nov 9, 2020 7:47am
USDJPY, let's see if TL and R @ 105 can hold.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily 119.png Size: 40 KB
  • #8,929
  • Nov 9, 2020 7:59am Nov 9, 2020 7:59am
Quoting shahab8b
USDCHF, possible long setup {image}
USDCHF, long trade from 0.90. This was a no-brainer trade.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFDaily 23.png Size: 29 KB
  • #8,930
  • Nov 9, 2020 8:06am Nov 9, 2020 8:06am
Quoting shahab8b
{quote} GBPUSD, long trade update, sl t b/e. Possible short setup @ 1.32 {image}
GBPUSD, follow-up with the short setup @ 1.32. I have already closed the trade (+50) as it was a counter trend setup.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1 119.png Size: 35 KB
  • #8,931
  • Nov 9, 2020 8:16am Nov 9, 2020 8:16am
Quoting shahab8b
AUDUSD, looks like a bullish continuation pattern after breaking above that TL. {image}
AUDUSD, long trade update, sl to below today's low. Possible short setup @ 0.74
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily 119.png Size: 31 KB
  • #8,932
  • Nov 9, 2020 8:27am Nov 9, 2020 8:27am
Gold. Willing to average entry. First small trade FOMO based on M15.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 68 KB
Markets will move to the right.
  • #8,933
  • Nov 9, 2020 8:35am Nov 9, 2020 8:35am
GBP JPY

approched weekly resistance 3 (138.559) plus the daily is over bollinger band.

I will short at 138.35 for 190 pips. dynamic target
Attached Image (click to enlarge)
Click to Enlarge Name: Cattura.PNG Size: 249 KB
Twitter: Rummer_grapes
  • #8,934
  • Nov 9, 2020 9:12am Nov 9, 2020 9:12am
Quoting shahab8b
USDJPY, let's see if TL and R @ 105 can hold. {image}
Had short too, 105, closed with loss. JPY looks weakest of all. Donīt feel excited about my gold, 2-nd buy taken.

That covid vaccine might haunt market for few days? Transport and travel industry stocks fly and NQ stocks r sold like we would give up on Netflix for good.
Markets will move to the right.
  • #8,935
  • Nov 9, 2020 9:13am Nov 9, 2020 9:13am
Some odd behaviours in the markets today, Gold $100+ sell off, UJ and UCHF showing signs of forming key reversals and DXY potentially ready to turn

Stock indices look to ready to crack at any moment. Best trade cautiously atm, something is brewing.
  • #8,936
  • Nov 9, 2020 9:15am Nov 9, 2020 9:15am
Quoting FraterRedox
Gold. Willing to average entry. First small trade FOMO based on M15. {image}
I don't like that bearish engulfing candle. Let's see the close.
Attached Image (click to enlarge)
Click to Enlarge Name: 119 2020 gold.PNG Size: 60 KB
  • #8,937
  • Nov 9, 2020 9:19am Nov 9, 2020 9:19am
Quoting shahab8b
EURUSD, trend is bullish above 1.18. Possible short setup @ 1.19 {image}
EURUSD, follow-up with the short setup @ 1.19. Possible short setup @ 1.20.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4 119.png Size: 30 KB
  • #8,938
  • Nov 9, 2020 10:05am Nov 9, 2020 10:05am
Quoting mizi123
UJ is overstreched im risking 20 pips for +40 lets see {image}
These is stunning just need some work on adjusting risk parameters
Attached Image (click to enlarge)
Click to Enlarge Name: pp.png Size: 47 KB
  • #8,939
  • Nov 9, 2020 11:18am Nov 9, 2020 11:18am
EURUSD, possible long setups @ 1.18 and 1.175
Attached Image (click to enlarge)
Click to Enlarge Name: EU 119.PNG Size: 65 KB
  • #8,940
  • Nov 9, 2020 11:20am Nov 9, 2020 11:20am
Quoting mizi123
{quote} These is stunning just need some work on adjusting risk parameters {image}
Good job on the trade! is your system showing a short setup now?
47 traders viewing now