Weekly COT report Analysis + Trade Ideas

Based on my assumption that the GBP/USD bias is bearish, I will look for entry points to try selling GU. I have identified three potential points to sell GU at the current price:
a. 1.34
b. 1.345
c. The highest level of 1.35

This is where I monitor the trend and try to enter with a stop-loss.

There is no crystal ball in this method. Shahab states that this method offers a 60% to 70% chance of winning. If you are a trend follower, you must first understand the market structure as the main foundation. If you are a contrarian trader, you must understand the accumulation and price distribution phases before acting against the market.
Understand price structure and you will be rewarded accordingly.

A small loss is a certainty, and if you are persistent, you will experience a strong trend.

Personally for me i speak trying to catch reversals in non adaptable pairs & trying to catch early trends without confirmation has cost me years of lose end erorrs...

Yes, you're right. Confirmation is needed to determine whether a reversal will occur.

Simply put, the ABC pattern is enough to confirm whether a trend will change or not.

If you want to try a reversal trade, perhaps you could try a divergence strategy.

One more thing... we focus too much on strategy, but we forget about time. Yup... time... and talking about time requires an intense discussion.

G/U, Long Trade @1.34

On NZDCAD i see trade with good potencial for up move if not more 200 pips move

Nice mate.. 2 scenarios you can use.
1. Buy the dip @ 0.81
2. Breakout @ 0.815

My opinion.. Nzdcad Its hard to get buy the dip atm.

NZD/USD, Buy limit @ 0.58