...Stoped twice trying to bottom-fish.. . . BUT I am long and looking North . . . . . .NOW.
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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
Disliked{quote} It's the highs, they said... it goes over the top of ADR....stochastic screaming overbought... I bought anyway, and here's what happen. {image}Ignored
Disliked{quote} It's all trickery. How do we even know the data they are feeding us is accurate? How do we know they don't use it against us? Don't you find it odd that COT data is given on a Tuesday, but we don't get to see it until Friday? Why not give it to us on Wednesday? They make the rules work in their favor, and thus they use the rules against us. So what are we to do about it? It all comes down to deciding where you think it is best to buy or sell, and accepting the market's response to your decision. That's the best one can do.Ignored
DislikedWell, I guess I should be happy with the profit I made. Let's wait and see how this hourly candle closes.Ignored
Disliked{quote} I do agree, you do have to decide where you think its is best to buy or sell. Personally though I dont find it odd at all. Do you know what happens from Tuesday to Friday with the COT report? Do you know the history of the releases and how the release dates and times have changed over time? What are you going to do with it any earlier? To bad we couldn't get the report on Monday, HA! (Kidding) It just does not matter. Another excuse by traders trying to find something to blame. Here is a quick chart and yes better analysis can be done but...Ignored
Disliked{quote} I'm checking COT like crazy all the time I can tell if you know COT report on tuesday instead of friday, you won't make more money....Ignored
Disliked{quote} Yessss! Not sure what trade you made profit on but congrats! We should be happy with all profits!Ignored
Disliked{quote} That's a likely reason why it could end. When enough people catch on to a pattern, that's when market makers change things around. I believe they are using AI technology against retail traders in this way. This is why no system, no matter how promising, lasts. It all comes down to price. Price is what market makers care about, not patterns, not astronomy, not Gann foolishness, not Elliot wave wishful thinking, not harmonic nonsense, not candlesticks, not RSI, etc... Price is all that matters! Buy Low/Sell High.Ignored
Disliked{quote} Is this something you have learned from your own observations, or is there a fundamental basis for such a rule?Ignored
Disliked{quote} That's true, but will they catch onto the pattern this year? We'll just have to wait and see, I guess.Ignored
Disliked{quote} It is how COT works. You can also look at that and charts and see it for yourself. Of course it takes time but it's how it works. The more open interest the higher chance are to go the way non commercial are majority in.Ignored
Disliked{quote} Open interest has always been a mystery to me when it comes to COT. There isn't enough information out there on it.Ignored
Disliked{quote} COT is a well of informations Most people get lost because they only look at commercials/non commercials, which is wrongIgnored
Disliked{quote} That's because there isn't much information out there explaining it. And the stuff that is out there makes commercials/non commercials the primary focus. If you have deeper knowledge of it, then please start a thread and share it.Ignored
Disliked{quote} I did You have to look at the disagreggated report 3 differents groups, with long/short/overall position It gives you 9 charts to analyse for every assets, and the idea is to be able to cross different group, compare the AM with the MM, compare the dealers with the MM, etc... You can end up with roughly 20 charts to analyse if you really dig into itIgnored