Weekly COT report Analysis + Trade Ideas | Page 49 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

COT report... futures or futures and options report? 11 replies

EA, GA, GCAD, GJ, GN - Analysis and trade ideas 11 replies

Cot - Report in application to the Forex 2 replies

Fundamental Analysis - Trade Ideas 2 replies

COT report 1 reply

Attachments: Weekly COT report Analysis + Trade Ideas
Exit Attachments

Weekly COT report Analysis + Trade Ideas

  • #961
  • Mar 30, 2010 10:10pm Mar 30, 2010 10:10pm
Quoting Patience
I thought that you used automated trading with no human emotions. I find it interesting that you still like to keep up with funnymentals. I've seen some traders on here who are purely technical and don't give a hoot about them.
hey patience.... thanks for the reply......

emotions tend to creep into automated systems also, if for no other reason than a human programed it.....

we can program in funnymentals into the ea's to some extent and it's wise to do so...... along with seasonal tendencies.....

personally i just like reading..... tends to broaden my perspective......h
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.gif Size: 48 KB
to trade and code, keep both simple... no call to impress....h
  • #962
  • Mar 30, 2010 10:27pm Mar 30, 2010 10:27pm
Quoting Patience

I thought that you used automated trading with no human emotions. I find it interesting that you still like to keep up with funnymentals. I've seen some traders on here who are purely technical and don't give a hoot about them.
you know that I read them
  • #963
  • Mar 30, 2010 10:30pm Mar 30, 2010 10:30pm
Quoting acumen
My first post on the thread.

Some will see it as spamming... that's ok.

Most well take an open mind approach and at least view the video once.

Pivots and Fibs... like Peanut Butter and Ham.

http://www.youtube.com/watch?v=ADMhQ2rtUM0

Mike

Hi Mike,
thanks for your great video, nice analysis and very entertaining
  • #964
  • Mar 30, 2010 11:40pm Mar 30, 2010 11:40pm
hi guys
i am so inclined to Reciprocal and symmetry patterns, lets see what's going on in determined zone.

EURYEN240

http://www.forexrainbow.com/files/25...doqu_thumb.jpg



CADYEN240

http://www.forexrainbow.com/files/t0...jics_thumb.jpg

Good luck
  • #965
  • Mar 30, 2010 11:42pm Mar 30, 2010 11:42pm
and CHFYEN1440

http://www.forexrainbow.com/files/bv...7ytu_thumb.jpg
  • #966
  • Mar 30, 2010 11:59pm Mar 30, 2010 11:59pm
GBPYEN1440
http://www.forexrainbow.com/files/jx...7uu9_thumb.gif
  • #967
  • Mar 31, 2010 12:55am Mar 31, 2010 12:55am
GBPCHF240
symmetry?
http://www.forexrainbow.com/files/mf...obgy_thumb.jpg
  • #968
  • Mar 31, 2010 4:41am Mar 31, 2010 4:41am
Quoting shahab8b
I told you load up long U/J, I may be right once in a while
I'm hoping you are wrong about A/J though and that we get some downside first before U/J and A/J go to the moon.

SSI: AUDUSD Ratio Pulls Back From Bearish Extremes Following 66% Jump in Retail Longs
Wednesday, 31 Mar 2010 09:10 GMT
Written by Michael Wright, DailyFX Research

FXCM Speculative Sentiment Index (SSI) Statistics:

Attached Image (click to enlarge)
Click to Enlarge Name: p12.png Size: 237 KB

Attached Image (click to enlarge)
Click to Enlarge Name: p13.png Size: 148 KB


Intraday Highlight:

AUDUSD - The ratio of long to short positions in the AUDUSD stands at -1.18 as nearly 54% of traders are short. Yesterday, the ratio was at -2.55 as 72% of open positions were short. In detail, long positions are 66.5% higher than yesterday and 17.6% stronger since last week. Short positions are 23.3% lower than yesterday and 30.8% stronger since last week. Open interest is 2.0% stronger than yesterday and 19.4% above its monthly average. The SSI is a contrarian indicator and signals more AUDUSD gains.

SSI Details:

EURUSD - The ratio of long to short positions in the EURUSD stands at -1.00 as nearly 50% of traders are short. Yesterday, the ratio was at 1.03 as 51% of open positions were long. In detail, long positions are 0.6% higher than yesterday and 11.8% weaker since last week. Short positions are 3.6% higher than yesterday and 35.9% stronger since last week. Open interest is 2.1% stronger than yesterday and 4.4% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.

GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.02 as nearly 50% of traders are short. Yesterday, the ratio was at -1.08 as 52% of open positions were short. In detail, long positions are 4.0% higher than yesterday and 24.4% weaker since last week. Short positions are 2.1% lower than yesterday and 47.0% stronger since last week. Open interest is 0.8% stronger than yesterday and 1.6% above its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.

GBPJPY - The ratio of long to short positions in the GBPJPY stands at -1.20 as nearly 55% of traders are short. Yesterday, the ratio was at -1.25 as 56% of open positions were short. In detail, long positions are 1.9% higher than yesterday and 1.2% weaker since last week. Short positions are 2.2% lower than yesterday and 8.7% weaker since last week. Open interest is 0.4% weaker than yesterday and 1.9% above its monthly average. The SSI is a contrarian indicator and signals more GBPJPY gains.

USDJPY - The ratio of long to short positions in the USDJPY stands at -1.29 as nearly 56% of traders are short. Yesterday, the ratio was at -1.22 as 55% of open positions were short. In detail, long positions are 0.7% higher than yesterday and 9.9% stronger since last week. Short positions are 6.6% higher than yesterday and 2.2% weaker since last week. Open interest is 4.0% stronger than yesterday and 7.9% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY gains.

USDCAD - The ratio of long to short positions in the USDCAD stands at 2.39 as nearly 71% of traders are long. Yesterday, the ratio was at 1.93 as 66% of open positions were long. In detail, long positions are 6.5% higher than yesterday and 4.5% stronger since last week. Short positions are 14.1% lower than yesterday and 26.0% weaker since last week. Open interest is 0.5% weaker than yesterday and 7.3% below its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.

USDCHF - The ratio of long to short positions in the USDCHF stands at 3.50 as nearly 78% of traders are long. Yesterday, the ratio was at 3.02 as 75% of open positions were long. In detail, long positions are 0.3% higher than yesterday and 8.2% stronger since last week. Short positions are 13.7% lower than yesterday and 29.4% weaker since last week. Open interest is 3.2% weaker than yesterday and 11.9% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.

NZDUSD - The ratio of long to short positions in the NZDUSD stands at -1.16 as nearly 54% of traders are short. Yesterday, the ratio was at -1.14 as 53% of open positions were short. In detail, long positions are 3.4% higher than yesterday and 24.4% weaker since last week. Short positions are 5.0% higher than yesterday and 6.2% weaker since last week. Open interest is 4.2% stronger than yesterday and 8.4% below its monthly average. The SSI is a contrarian indicator and signals more NZDUSD gains.

Nothing worth having is easy.
  • #969
  • Mar 31, 2010 5:25am Mar 31, 2010 5:25am
oanda traders must be smarter than FXCM. They actually appear to be on the right side of FXCM's SSI and the current moves
Attached Image (click to enlarge)
Click to Enlarge Name: positioning.png Size: 21 KB
BTC Return This Year: na
  • #970
  • Mar 31, 2010 5:48am Mar 31, 2010 5:48am
Quoting M.A.C.Doug
oanda traders must be smarter than FXCM. They actually appear to be on the right side of FXCM's SSI and the current moves
I've noticed that. I compare them quite often. Well if Oanda's clients are smarter than FXCM's clients, then Dukascopy's clients should be more smarter than both of them. I looked into opening an account with Dukascopy a couple of years ago. Everything looked good, I liked their platform but I wasn't quite prepared to have to trade a standard lot each and every time I wanted to place a trade. I'm not so accurate with my entries

http://www.dukascopy.com/swiss/engli...tch/sentiment/
Nothing worth having is easy.
  • #971
  • Mar 31, 2010 5:51am Mar 31, 2010 5:51am
Quoting Victory83
and CHFYEN1440

http://www.forexrainbow.com/files/bv...7ytu_thumb.jpg

hi Victory83, good job. but be careful I see all your posts are JPY pairs, correlation is high.
as Soros says" it's not important whether you are right or wrong, but how much you win when you right and how much you loss when you wrong".
  • #972
  • Mar 31, 2010 5:56am Mar 31, 2010 5:56am
Quoting M.A.C.Doug
oanda traders must be smarter than FXCM. They actually appear to be on the right side of FXCM's SSI and the current moves
Hi M.A.C.Doug, hope all is well. Thanks for your information you provided.as I'm heavily long U/J since yesterday I particularly look at U/J positioning, it seems Oanda trader got it right.
Attached Image (click to enlarge)
Click to Enlarge Name: uj1d.gif Size: 25 KB
  • #973
  • Mar 31, 2010 5:57am Mar 31, 2010 5:57am
Quoting Patience
I've noticed that. I compare them quite often. Well if Oanda's clients are smarter than FXCM's clients, then Dukascopy's clients should be more smarter than both of them. I looked into opening an account with Dukascopy a couple of years ago. Everything looked good, I liked their platform but I wasn't quite prepared to have to trade a standard lot each and every time I wanted to place a trade. I'm not so accurate with my entries

http://www.dukascopy.com/swiss/engli...tch/sentiment/

Hi Patience,
Now Dukas accepts min 1000 USD accounts and microlots, look here http://www.dukascopy.com/swiss/engli...ding_accounts/

Regards.

Lubo.
If I know how, I tell You!! Few but Good!!
  • #974
  • Mar 31, 2010 6:11am Mar 31, 2010 6:11am
Quoting LuboLabo
Hi Patience,
Now Dukas accepts min 1000 USD accounts and microlots, look here http://www.dukascopy.com/swiss/engli...ding_accounts/

Regards.

Lubo.
Hi Lubo

Thanks for that! Crikeys, how things change. Wonder when that change came in. Big difference since the minimum deposit was $50,000 when I was enquiring. Now they are accepting minimum of $1,000. Must have been getting hard up for clients - ha, ha. Worth looking into again. They did have a nice platform and great spreads.
Nothing worth having is easy.
  • #975
  • Mar 31, 2010 6:15am Mar 31, 2010 6:15am
Quoting Patience
I've noticed that. I compare them quite often. Well if Oanda's clients are smarter than FXCM's clients, then Dukascopy's clients should be more smarter than both of them. I looked into opening an account with Dukascopy a couple of years ago. Everything looked good, I liked their platform but I wasn't quite prepared to have to trade a standard lot each and every time I wanted to place a trade. I'm not so accurate with my entries

http://www.dukascopy.com/swiss/engli...tch/sentiment/
G'day patience, so we ourselves can run a new sentiment indicator based on smart and dump traders of different brokers !!! that would be interesting !!!
  • #976
  • Mar 31, 2010 6:20am Mar 31, 2010 6:20am
Quoting shahab8b
G'day patience, so we ourselves can run a new sentiment indicator based on smart and dump traders of different brokers !!! that would be interesting !!!
lol - definitely seems like FXCM's traders are more stupid than Oanda's. Now that I know that Dukascopy has mini-lot traders as well, my estimation of their smartness has gone down slightly as I thought they were all standard lot traders. Well I am a client of FXCM and Oanda and soon to be Dukascopy so what does that make me? Stupid, not so stupid and slightly less stupid than the not so stupid.
Nothing worth having is easy.
  • #977
  • Mar 31, 2010 6:30am Mar 31, 2010 6:30am
Quoting Patience
lol - definitely seems like FXCM's traders are more stupid than Oanda's. Now that I know that Dukascopy has mini-lot traders as well, my estimation of their smartness has gone down slightly as I thought they were all standard lot traders. Well I am a client of FXCM and Oanda and soon to be Dukascopy so what does that make me? Stupid, not so stupid and slightly less stupid than the not so stupid.
lol, we all know how smart you are patience. the fact that most retail traders lose money makes these sentiment work otherwise we should follow them.
  • #978
  • Mar 31, 2010 6:33am Mar 31, 2010 6:33am
Dukas has really good spreads, the only cons. , Patience, is the commission, little complicated, and if u are a long trader that took a pos. over the week-end is the margin required cos leverage drops from 1:100 to 1:30.

Lubo.
If I know how, I tell You!! Few but Good!!
  • #979
  • Mar 31, 2010 6:34am Mar 31, 2010 6:34am
err, it seems I cant get this U/Chf pair right.
SL may be taken out anytime, fortunately I loaded up long U/J 4 times more than this trade. everything should be fine.
Attached Image (click to enlarge)
Click to Enlarge Name: uchf1a.gif Size: 19 KB
  • #980
  • Mar 31, 2010 6:40am Mar 31, 2010 6:40am
for those who couldn't get boarding on U/J long

Buy limit at 93 and 92.66 SL=92 TP=94.88 & 97
Attached Image (click to enlarge)
Click to Enlarge Name: uja5.gif Size: 15 KB
30 traders viewing now