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EURUSD

  • #1,188,661
  • Dec 14, 2020 9:50pm Dec 14, 2020 9:50pm
Quoting here2there
{quote} It doesn't matter. The Forex market is BS.
I know I never try to predict the market but when people post I like to give them the chance to justify it, if they don't then its just a waste of everyone's time and is meaningless.
  • #1,188,662
  • Dec 14, 2020 9:54pm Dec 14, 2020 9:54pm
Quoting Waveskierrob
{quote} I know I never try to predict the market but when people post I like to give them the chance to justify it, if they don't then its just a waste of everyone's time and is meaningless.
I updated my comment and added the following to it: to answer your question, there are far more people going long in NON-COMMERCIAL than people who are short on the Euro. See this report for a clearer picture: https://www.tradingster.com/cot/legacy-futures/099741
Learn from your mistakes and march on.
  • #1,188,663
  • Dec 14, 2020 10:03pm Dec 14, 2020 10:03pm
Quoting Waveskierrob
{quote} How are you coming up with EURUSD bullish from this report?
Commercial traders are a larger percentage of trades but they are hedging exposure to whatever business they are in. They aren't interested in making money purely off of their positions, but preventing losses. Non-commercial traders are likely money managers who are making purely speculative trades.
  • #1,188,664
  • Dec 14, 2020 10:04pm Dec 14, 2020 10:04pm
Quoting here2there
{quote} I updated my comment and added the following to it: to answer your question, there are far more people going long in NON-COMMERCIAL than people who are short on the Euro. See this report for a clearer picture: https://www.tradingster.com/cot/legacy-futures/099741
Thanks for your input
  • #1,188,665
  • Dec 14, 2020 10:11pm Dec 14, 2020 10:11pm
Quoting Waveskierrob
{quote} Thanks for your input
Just keep in mind that the COT report comes out days later. In other words, it's lagging. That's not to say it isn't useful. It serves its purpose in identifying the long term trend. However, it's not reliable for day trading.

Another tool that is useful can be found here: https://fxssi.com/tools/current-ratio
Learn from your mistakes and march on.
  • #1,188,666
  • Dec 14, 2020 10:15pm Dec 14, 2020 10:15pm
Quoting here2there
{quote} Just keep in mind that the COT report comes out days later. In other words, it's lagging. That's not to say it isn't useful. It serves its purpose in identifying the long term trend. However, it's not reliable for day trading. Another tool that is useful can be found here: https://fxssi.com/tools/current-ratio
Thanks again but I never try to predict the market, no news, no reports, no charts, no indicators just buy and sell window
  • #1,188,667
  • Dec 14, 2020 10:18pm Dec 14, 2020 10:18pm
Just as a thought if the majority on non-commercials are long and 95% of "traders" lose money what does that tell us, again just a thought
  • #1,188,668
  • Dec 14, 2020 10:39pm Dec 14, 2020 10:39pm
Good day. EU today is bullish trying to rise above 2105 and 2123 supports, resistance iis at 2176 and 2200 strong level.

Brexit, positioning, covid-19 restrictions and vaccinations are themes in the market that can make the traders decide and move the market in either direction.

Have a great day ahead.
Looking for profitable short term trades ...|
  • #1,188,669
  • Dec 14, 2020 10:43pm Dec 14, 2020 10:43pm
Quoting Waveskierrob
Just as a thought if the majority on non-commercials are long and 95% of "traders" lose money what does that tell us, again just a thought
Non-commercial isn't retail.
Learn from your mistakes and march on.
  • #1,188,670
  • Dec 14, 2020 11:02pm Dec 14, 2020 11:02pm
Quoting here2there
{quote} Non-commercial isn't retail.
Yea sorry my bad, been a long night, brain overthinking
  • #1,188,671
  • Dec 14, 2020 11:08pm Dec 14, 2020 11:08pm
Quoting here2there
{quote} I updated my comment and added the following to it: to answer your question, there are far more people going long in NON-COMMERCIAL than people who are short on the Euro. See this report for a clearer picture: https://www.tradingster.com/cot/legacy-futures/099741
So why are the COMMERCIALS not taken into consideration?
  • #1,188,672
  • Dec 14, 2020 11:46pm Dec 14, 2020 11:46pm
Quoting Waveskierrob
{quote} So why are the COMMERCIALS not taken into consideration?
I'm wondering also, suppose their buy or sell will affect the market as well
  • #1,188,673
  • Dec 15, 2020 1:32am Dec 15, 2020 1:32am
Do we really need any Commercials or retailers , or Institutions to tell us what they are doing , so we can imitate them...????????????????????????????????????????????????????????????????????????????????????????????????????????????

E. is bullish . Kindly consider . [ NEW Nigerian slogan... ]

  • #1,188,674
  • Dec 15, 2020 1:42am Dec 15, 2020 1:42am
Quoting F.g
Do we really need any Commercials or retailers , or Institutions to tell us what they are doing , so we can imitate them...???????????????????????????????????????????????????????????????????????????????????????????????????????????? E. is bullish . Kindly consider . [ NEW Nigerian slogan... ]
No we don't, but big banks wants to move out from the market
  • #1,188,675
  • Dec 15, 2020 2:02am Dec 15, 2020 2:02am
Quoting F.g
Do we really need any Commercials or retailers , or Institutions to tell us what they are doing , so we can imitate them...???????????????????????????????????????????????????????????????????????????????????????????????????????????? E. is bullish . Kindly consider . [ NEW Nigerian slogan... ]
Looks like some people do, its good to find out how and why they use these reports, I wouldn't personally but what ever floats your boat
  • #1,188,676
  • Dec 15, 2020 5:03am Dec 15, 2020 5:03am
Quoting f.g
the only way for the market makers to make money in a bullish move is to 1st make sure most traders are bearish . Consider
Ελπίζω να το σκεφτήκατε
  • #1,188,677
  • Dec 15, 2020 5:34am Dec 15, 2020 5:34am
I am Selling EU last few days but these mexicans are scrambling over my gambling money...

Honestly speaking does anyone here own any futures in LamboUsd?!?
  • #1,188,678
  • Dec 15, 2020 5:50am Dec 15, 2020 5:50am
Quoting dskwon
I am Selling EU last few days but these mexicans are scrambling over my gambling money... Honestly speaking does anyone here own any futures in LamboUsd?!?
At present the EURUSD is moving into a bearish descending channel and it is expected to touch 1.2100 in the Asian Trading session tomorrow.
FXOpen - International True ECN Broker
  • #1,188,679
  • Dec 15, 2020 5:57am Dec 15, 2020 5:57am
Like im trying to split up my 'pot' cause these African traitors keep All Inning me but seriously like

Just sell EU noobs
  • #1,188,680
  • Dec 15, 2020 6:05am Dec 15, 2020 6:05am
Ignore the choppiness in price my expert advisor suddenly started trading 4 ke lots demo
do not follow me 99.9999999% of times, rest you can lol
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