Cable Update (GBPUSD)

Quoting Bones

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{quote} it is logical but not reliable ,2020 bitcoin had an halving 2020 $ tanked,2021 bitcoin rallied bitcoin is fatally flawed because of stable coins like tether if stocks fall those stable coins will likely go bust ,then bitcoin could go up after from a much lower level Its a bit like comparing fed chat with $ when the environment is completely different ,we have inflation not seen for 39 years whatever the fed do it won't be enough to curb it and its highly likely something will blow up before they get there thats not a guess because they carry...

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Quoting Kwt4x

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retail traders: don't have to file a report for COT, small shares = dump money non-commercial: have to file daily report for COT, have no direct business interests in the commodity(profit motive), large positions = smart money commercial: have to file daily report for COT, direct business interests in the commodity, hedge for protection(defensive motive) = nothing smart about that cheers,

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Quoting Jolita

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{quote} Commercial traders (Hedgers) Non-commercial traders (Large Speculators) Retail traders (Small Speculators) Basically follow the Large Trader or also known as Non Commercial Trader. Commercial Traders safeguard the opposite side, when chart gap is furthest away between them, trade is called extreme and reversal is happening. You will be making good pips by only following the large trader. I find this info very useful, follow the pages https://www.babypips.com/learn/forex...ading-strategy

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Quoting kuroro001

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{quote} Nope sir, its the opposite, for sure Check charts below, and tell me about it On the left yellow commercials aka smart money On the right green non commercials aka dumb money Lets look at the non commercial (green chart). So for you, the smart money is going long on top, and short on bottom ? They aren't that smart But we agree that both smart and dumb money can be right and wrong {image}

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Quoting trumps

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{quote} I don't get it. The comparison charts provided by Kuroro, show non-commercials load up heavy shorts at the bottom and heavy longs at the top. I don't think we should do the same.

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Quoting Jolita

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{quote} Commercial traders (Hedgers) Non-commercial traders (Large Speculators) Retail traders (Small Speculators) Basically follow the Large Trader or also known as Non Commercial Trader. Commercial Traders safeguard the opposite side, when chart gap is furthest away between them, trade is called extreme and reversal is happening. You will be making good pips by only following the large trader. I find this info very useful, follow the pages https://www.babypips.com/learn/forex...ading-strategy

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Quoting Jolita

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Does anyone have COT Graph indicator to share please?

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Quoting W0lfram

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{quote} https://www.tradingview.com/script/1...egacy-Metrics/ Choose 'Auto' in COT Selection Mode for automatic data retrieval for current ticker. Other settings are up to you{image}{image}

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Quoting W0lfram

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{quote} Looking at the dynamics of two curves: price and long positions - dealers add to longs in a downtrend and vice versa so the correlation is negative{image} While it's positive for positions of non-commercials from Legacy report https://www.forexfactory.com/thread/...2#post13419322

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Quoting Jolita

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{quote} Kuroro report wasnt filtered to show all traders at once. I was refering to COT report template example on Babypips.

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Quoting nAVIN2007

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{quote} why did they ban it..I have friend who just believes it will go up? whats your thoughts on it..

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Quoting Wavegarrick

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{quote} Just a quick re-evaluation of my answer to Mysterio yesterday. There are interesting developments which can't be ignored. Dollar index futures looks like it could go into a down cycle and I would look to add short on retraces. {image}With this in mind, I will look to add buy trades on retraces with Eu. This pair looks like it could come out of its month and some slumber. {image}EurGbp at interesting levels to buy, Could this mean the decoupling of the Pound vs the Euro. In other words a period of sterling weakness? {image}Be very careful...

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Quoting Bones

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{quote} It's because they don't believe other people can make their own mind up ,nanny state, it's a bit like when they reduced the margin on forex ,which actually forces you to have more at a broker Bitcoin will go down until the new wet behind he ears hodl generation 'its the new gold ' are wiped out ,then it will go up hot buy at $3k {image}

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Quoting nAVIN2007

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{quote} why did they ban it..I have friend who just believes it will go up? whats your thoughts on it..

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