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Weekly COT report Analysis + Trade Ideas

  • #9,301
  • Nov 24, 2020 7:05am Nov 24, 2020 7:05am
Div. EJ.
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  • #9,302
  • Nov 24, 2020 7:08am Nov 24, 2020 7:08am
I've been receiving too many pm's asking questions. Many of them require posting charts. So I am gonna remove the posting restriction (a yellow badge was required) for a short period of time. So traders can post their questions. C-12 and I will try to answer them.
  • #9,303
  • Nov 24, 2020 7:09am Nov 24, 2020 7:09am
my favorite setup..pullback at round number or 0.5 number
EA
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  • #9,304
  • Nov 24, 2020 7:18am Nov 24, 2020 7:18am
Quoting shahab8b
I've been receiving too many pm's asking questions. Many of them require posting charts. So I am gonna remove the posting restriction (a yellow badge was required) for a short period of time. So traders can post their questions. C-12 and I will try to answer them.
Ahh yes, me too. I was wondering why people didn't just post here. Seems they were unable to.
  • #9,305
  • Nov 24, 2020 7:21am Nov 24, 2020 7:21am
Just Posting. sir

i thinkt his is good setup, Price making new high, fibo confluence 50, Support Area, RSI Extreme, Rn 0.5 ..but i don't take it.m lol
.

GBP/AUD
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  • #9,306
  • Nov 24, 2020 7:23am Nov 24, 2020 7:23am
Quoting C-12
{quote} Ahh yes, me too. I was wondering why people didn't just post here. Seems they were unable to.
Yea, this thread used to be "red-badge only". I changed it per request of many traders who wanted to post charts or ask questions.

I still believe those who just started trading should not be here. They should go to babybips and learn the basics first. These techniques we share here seem very simple, but you need to have a good background and know how to read PA in order to properly apply them. But we have some experience traders who are new here and may not have the required number of posts to have a yellow-badge.
  • #9,307
  • Nov 24, 2020 7:27am Nov 24, 2020 7:27am
AUDUSD
Weekly Resistance
88.6 Fibo
Divergance on M5
RN 0.7350
Could you please check its valid or need more improvement
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  • #9,308
  • Nov 24, 2020 7:30am Nov 24, 2020 7:30am
Quoting meugampong
Just Posting. sir i thinkt his is good setup, Price making new high, fibo confluence 50, Support Area, RSI Extreme, Rn 0.5 ..but i don't take it.m lol . GBP/AUD {image}
I did take a small slice on this one 0.25% but I am aggressive on the amount of positions I take if see something.

I should be more picky as I am already heavy loaded on EURNZD.
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  • #9,309
  • Nov 24, 2020 7:33am Nov 24, 2020 7:33am
Quoting usmanamir942
AUDUSD Weekly Resistance 88.6 Fibo Divergance on M5 RN 0.7350 Could you please check its valid or need more improvement {image}
What are you looking to do buy or sell?
  • #9,310
  • Nov 24, 2020 7:34am Nov 24, 2020 7:34am
Quoting C-12
{quote} I did take a small slice on this one 0.25% but I am aggressive on the amount of positions I take if see something. I should be more picky as I am already heavy loaded on EURNZD. {image}
How you can take aggressively entry at the bottom - i mean can you take it in lower time frame?
  • #9,311
  • Nov 24, 2020 7:34am Nov 24, 2020 7:34am
Quoting C-12
{quote} What are you looking to do buy or sell?
SELL
  • #9,312
  • Nov 24, 2020 7:36am Nov 24, 2020 7:36am
Quoting usmanamir942
{quote} How you can take aggressively entry at the bottom - i mean can you take it in lower time frame?
I placed a buy on the 0.5RN, SL behind H1 demand, now BE. I don't want any messing around with this setup.
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  • #9,313
  • Nov 24, 2020 7:40am Nov 24, 2020 7:40am
Quoting usmanamir942
AUDUSD Weekly Resistance 88.6 Fibo Divergance on M5 RN 0.7350 Could you please check its valid or need more improvement {image}
I would recommend to start very simple with solid RN like 0.74 and use clean untested RN's like we see on NZDUSD today at 0.7000

Also with fibs go with 50 and 61.8. If you don't get your criteria then wait as there are many setups to take.

After that you possibly become slightly more creative with entries.

Perhaps you can leave out divergence until you've nailed the RN's and fibs with S/R and Supply and Demand. That will keep you busy for some time.
  • #9,314
  • Nov 24, 2020 7:42am Nov 24, 2020 7:42am
Quoting C-12
{quote} I would recommend to start very simple with solid RN like 0.74 and use clean untested RN's like we see on NZDUSD today at 0.7000 Also with fibs go with 50 and 61.8. If you don't get your criteria then wait as there are many setups to take. After that you possibly become slightly more creative with entries.
Perfect thanks
  • #9,315
  • Nov 24, 2020 7:52am Nov 24, 2020 7:52am
Quoting usmanamir942
{quote} Perfect thanks
That sell may work out fine well, perhaps enough to allow you to get to BE. But they will not be as dependable as the solid ones over time.

The main reason I see this AU sell working is the D1 supply it just touched and the false breakout above the previous day's highs.
  • #9,316
  • Nov 24, 2020 8:14am Nov 24, 2020 8:14am
Quoting shahab8b
{quote} NZDUSD, short trade. Let's see how it develops. {image}
Developing well it seems. This might be the first BRN setup (1,000 pip RN) since I've joined this fine thread.

It certainly is delivering the goods at this moment.
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  • #9,317
  • Nov 24, 2020 8:18am Nov 24, 2020 8:18am
EURNZD - Another BRN at 1.7000. These ones do seem to pack a little extra umph if you catch them. Break even set.
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  • #9,318
  • Nov 24, 2020 8:21am Nov 24, 2020 8:21am
Quoting C-12
EURNZD - Another BRN at 1.7000. These ones do seem to pack a little extra umph if you catch them. Break even set. {image}
How you set take profit
  • #9,319
  • Nov 24, 2020 8:23am Nov 24, 2020 8:23am
Quoting usmanamir942
{quote} How you set take profit
TP 100 pips, TP 2 200. It could be a longer play as it's it's a significant level. Will see. Some resistance here it needs to plough though first.

This one is fresh out of the oven and doesn't yet have a D1 PA established.
  • #9,320
  • Nov 24, 2020 8:31am Nov 24, 2020 8:31am
Gbpusd
fibo 61.8
rn1.3300
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