Institutions added some longs and some short positions. But Bullish position are still majority, plus macro economics and looking at the chart analysis, EURUSD remains bullish. Trade safe.
Attached Image
6
Cot - Report in application to the Forex 2 replies
COT report... futures or futures and options report? 6 replies
Fundamental Analysis - Trade Ideas 2 replies
EA, GA, GCAD, GJ, GN - Analysis and trade ideas 8 replies
COT report 1 reply
DislikedInstitutions added some longs and some short positions. But Bullish position are still majority, plus macro economics and looking at the chart analysis, EURUSD remains bullish. Trade safe. {image}Ignored
Disliked{quote} GBPUSD, short trade. That triangle pattern I identified yesterday worked well. For now we have traded every single move to the pips. Let's see the reaction @ 1.355 if it fails then watch 1.35. {image}Ignored
Disliked{quote} EURUSD, short trade update. The confluence zone @ 1.2215/1.22 provided nice long trades earlier today. It remains to be seen if that level can hold the second time. If 1.2215/1.22 holds, EU may resume the uptrend. On daily chart, EU broke below the TL. D1 RSI shows bearish divergence. I think if EU breaks below the structural S @ 1.2215/1.22, we will see 1.21 and possibly 1.20 in extension. {image} {image}Ignored
Disliked{quote} USDJPY, short trade 104. Who took this easy trade? Raise you hands. Possible levels go long again. I like the idea of long UJ based on the D1 wedge formation posted before. {image}Ignored
DislikedI've been bearish on UJ for some time now. But let's not ignore this wedge pattern. D1 RSI shows bullish divergence. D1 close above 103.80/104 will open up 105 and 106 in extension. {image}Ignored
Disliked{quote} GBPUSD, short trade update. GU broke below the triangle formation I was tracking. There is a confluence level @ 1.35. If 1.35 fails, the next S comes in @ 1.345. On the upside 1.36/1.3625 may provide short setup. {image}Ignored
DislikedUC I probably enter a little early. there is a Supply level too. Price break upper TL, I can't wait to enter the market. If the Price comes lower 61.8 level I will add another buy position. I appreciate your opinion and your views. Thanks {image}Ignored
Disliked{quote} This is when your trade plan comes together: you start with a technical picture, take your trade base on a confluence level setup, and then you just let it play out. {quote} USDCHF, long trade update. The next R comes in @ 0.89/0.8920. {image} {image}Ignored