Weekly COT report Analysis + Trade Ideas | Page 50 | 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

  • #981
  • Mar 31, 2010 6:40am Mar 31, 2010 6:40am
if any consolation, same here. for me i am loaded on usdcad short.

march is a lousy month for me though.

Quoting shahab8b
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.
  • #982
  • Mar 31, 2010 6:43am Mar 31, 2010 6:43am
Quoting coolshades
if any consolation, same here. for me i am loaded on usdcad short.

march is a lousy month for me though.
short U/Cad? you are pretty good on that trade, why dont you share your set ups here so we can ride them too.
  • #983
  • Mar 31, 2010 6:46am Mar 31, 2010 6:46am
AUDCAD

as I said before I prefer CAD over AUD in mid-long term
Attached Image (click to enlarge)
Click to Enlarge Name: ca.gif Size: 15 KB
  • #984
  • Mar 31, 2010 6:48am Mar 31, 2010 6:48am
I try to short A/U once again, this time SL is tight,

A/U short .9150 SL=.9175 TP=91
Attached Image (click to enlarge)
Click to Enlarge Name: au1l.gif Size: 20 KB
  • #985
  • Mar 31, 2010 6:50am Mar 31, 2010 6:50am
h4 chart on usdcad attached. have been short since 250.

i use DanUK's trend trading system (on FF), which itself is a variation of Wayne Jackson's system (on FF too). use a simple 100 pip stop loss which i move manually for every 100 pip positive move.

also attached daily on usdjpy. going long at 92.3 was on my radar but missed it due to work and all that.

Quoting shahab8b
short U/Cad? you are pretty good on that trade, why dont you share your set ups here so we can ride them too.
Attached Images
  • #986
  • Mar 31, 2010 7:08am Mar 31, 2010 7:08am
Quoting shahab8b
I try to short A/U once again, this time SL is tight,

A/U short .9150 SL=.9175 TP=91
I would take it any day!!

I sincerely hope and prays it pays out that way!!

Good luck
  • #987
  • Mar 31, 2010 7:10am Mar 31, 2010 7:10am
Quoting shahab8b
I try to short A/U once again, this time SL is tight,

A/U short .9150 SL=.9175 TP=91
Mate, can I suggest you move your stop to 9 pips more at .9184?

thx
  • #988
  • Mar 31, 2010 7:10am Mar 31, 2010 7:10am
Quoting shahab8b
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.
Well one reason might be that you are trading on the same side as FXCM's traders

I don't know why I haven't been receiving the Daily Market Strategy this week. I know that the FX Weekly won't be out this weekend because of Easter but here's one report I got the other day.
Attached File(s)
File Type: pdf 290310_Economics_Weekly_EMAIL.pdf   149 KB | 190 downloads
Nothing worth having is easy.
  • #989
  • Mar 31, 2010 7:13am Mar 31, 2010 7:13am
i have been short since 9130 and survived the recent upsurge. i think we are good for short now.

Quoting shahab8b
I try to short A/U once again, this time SL is tight,

A/U short .9150 SL=.9175 TP=91
  • #990
  • Mar 31, 2010 7:14am Mar 31, 2010 7:14am
Quoting puks
Mate, can I suggest you move your stop to 9 pips more at .9184?

thx
Hi mate, what's the reason?
  • #991
  • Mar 31, 2010 7:16am Mar 31, 2010 7:16am
i think the problem for me with these reports is that irrespective of extreme positioning, there is always a good 200-500 pips move that can happen before a reversal occurs.

so the sentiment is good, but its more like an early warning sign than an immediate tradeable feature.

for example, i think usdchf would be good for a long at 6000 if price closes above 579, since 579 is my sr and there is a confluence of sr and upwards trendline on h4

Quoting Patience
Well one reason might be that you are trading on the same side as FXCM's traders

I don't know why I haven't been receiving the Daily Market Strategy this week. I know that the FX Weekly won't be out this weekend because of Easter but here's one report I got the other day.
  • #992
  • Mar 31, 2010 7:27am Mar 31, 2010 7:27am
guys dont panic, buy U/J at 93 and below keep SL at 92
  • #993
  • Mar 31, 2010 7:29am Mar 31, 2010 7:29am
Quoting shahab8b
Hi mate, what's the reason?
hi mate,

that was the breakdown point and it's where it closed down last night in NY.

with disappointing numbers, I am suspecting we are in for a massive risk aversion today. Traders wont be bullish going into holiday with disappointing numbers.

risk will be definitely off and so will AUD.

I am sensing some unusual move (downside today).
  • #994
  • Mar 31, 2010 7:34am Mar 31, 2010 7:34am
Quoting coolshades
i think the problem for me with these reports is that irrespective of extreme positioning, there is always a good 200-500 pips move that can happen before a reversal occurs.

so the sentiment is good, but its more like an early warning sign than an immediate tradeable feature.

for example, i think usdchf would be good for a long at 6000 if price closes above 579, since 579 is my sr and there is a confluence of sr and upwards trendline on h4
M.A.C.Doug entered trades on EUR/CHF and USD/CAD based on the extreme sentiment readings and came out smiling. Shahab also went long on CHF vs USD because of the extreme reading on USD/CHF and it worked as well. I haven't been so daring to enter purely on sentiment but if my chart says up and sentiment says down, it gives me more confidence in my trade and it has helped more than it has hindered my trading, that much I can vouch for.
Nothing worth having is easy.
  • #995
  • Mar 31, 2010 7:38am Mar 31, 2010 7:38am
Quoting shahab8b
guys dont panic, buy U/J at 93 and below keep SL at 92

dont take Long U/J anymore, i dont like the PA, need to wait and see
  • #996
  • Mar 31, 2010 7:53am Mar 31, 2010 7:53am
ignore me since i am a newbie in trading (its only last year that things have started falling in place for me).

however, i would say extreme is open to definition. i think if trading purely on the basis of these reports, then timing has to be right.

my 2 cents.

Quoting Patience
M.A.C.Doug entered trades on EUR/CHF and USD/CAD based on the extreme sentiment readings and came out smiling. Shahab also went long on CHF vs USD because of the extreme reading on USD/CHF and it worked as well. I haven't been so daring to enter purely on sentiment but if my chart says up and sentiment says down, it gives me more confidence in my trade and it has helped more than it has hindered my trading, that much I can vouch for.
  • #997
  • Mar 31, 2010 8:58am Mar 31, 2010 8:58am
[quote=shahab8b;3599261]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".[/quoYOU

you are right mate.
  • #998
  • Mar 31, 2010 10:09am Mar 31, 2010 10:09am
let me just say I will never complain about the slow PA ever again


What a wonky day USD/CAD shooting up, the GBP shooting through the roof and the AUD slowing winding down. I am a bit confused but wide awake.
  • #999
  • Mar 31, 2010 10:10am Mar 31, 2010 10:10am
sorry guys, I didn't get the chance to post U/J long trade again, went to school just came back, we should have loaded up longs at that sell off, my bad

any one long U/J here?
  • #1,000
  • Mar 31, 2010 10:17am Mar 31, 2010 10:17am
sell A/U current price
buy U/Chf current price

will post the chart later
31 traders viewing now