Weekly COT report Analysis + Trade Ideas | Page 87 | 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

  • #1,721
  • Apr 12, 2010 4:58am Apr 12, 2010 4:58am
E/U

now the bearish gartley seems completed (after meeting 1.414 projection of BC)

target is 1.341

I still hold my shorts from 1.3660 (after taking profit at 1.3590 on half) and will target 1.341
Attached Image (click to enlarge)
Click to Enlarge Name: eu3d.gif Size: 24 KB
  • #1,722
  • Apr 12, 2010 5:13am Apr 12, 2010 5:13am
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting Tuner
Hey there.
I agree
Got in a bit later @ .9287.
We had a nice bounce of the weekly pivot there.
(and just before the 4H LTL of the recent upmove)
Looking for some pips from here. maybe the daily pivot@ .9313. or R1 @ .9360
Will watch PA at these levels.
we will see
Good Luck to you
-Tuner-
out @ BE.. --> choppy day
"Blue Horseshoe loves Anacott Steel!"
  • #1,723
  • Apr 12, 2010 5:17am Apr 12, 2010 5:17am
U/Chf long trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: uchf3.gif Size: 13 KB
Click to Enlarge Name: uchf3a.gif Size: 15 KB
  • #1,724
  • Apr 12, 2010 5:20am Apr 12, 2010 5:20am
GBPCAD,
I usually don't trade this pair but that's what I think
Attached Image (click to enlarge)
Click to Enlarge Name: gcad.gif Size: 14 KB
  • #1,725
  • Apr 12, 2010 5:25am Apr 12, 2010 5:25am
Quoting Patience
Wow, a lot of action. I see you stood aside very well - raking in the pips Commodity currencies lagging here. EUR/Cable's day in the sun. So much for a bounce off the 200 MA on 4 hour USDX. It gapped right over it.

Hey Elite, nice to see you around

Attachment

G'day patience, right, the RRR was good when I analyzed everything again so I took them.
did you take the E/G trade?
  • #1,726
  • Apr 12, 2010 6:17am Apr 12, 2010 6:17am
Hi Tuner,

Can you please post your weekly and daily pivot indicator here?

Thanks


Quoting Tuner
Hey there.
I agree
Got in a bit later @ .9287.
We had a nice bounce of the weekly pivot there.
(and just before the 4H LTL of the recent upmove)
Looking for some pips from here. maybe the daily pivot@ .9313. or R1 @ .9360
Will watch PA at these levels.
we will see
Good Luck to you
-Tuner-
  • #1,727
  • Apr 12, 2010 6:37am Apr 12, 2010 6:37am
Quoting shahab8b
G'day patience, right, the RRR was good when I analyzed everything again so I took them.
did you take the E/G trade?
G'day Shahab

I had to skeddadle last night after I posted the rates to the thread and was surprised to see this morning that EUR had hit 1.3690. I was already in a long E/G trade from a few days ago at 0.8790. It was only meant to be a quick scalp but didn't pan out so I closed the bugger last night at 0.8804 (pre-market). I don't even like this pair but thought I'd try my luck with it again. I know, bad RRR Good ole Aussie clearing out some weak longs by the looks of things. Break the trendline, hit a new high for the year, close the week above 0.9300 ...... and then down on Monday.
Attached File(s)
File Type: pdf Market_Strategy_Daily_12_Apr_2010.pdf   158 KB | 239 downloads
Nothing worth having is easy.
  • #1,728
  • Apr 12, 2010 6:39am Apr 12, 2010 6:39am
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting puks
Hi Tuner,

Can you please post your weekly and daily pivot indicator here?

Thanks
Hey there puks,
No problem. Here you go.
You can select daily,weekly and/or monthly with it.

Regards, Tuner
Attached File(s)
File Type: ex4 AutoPivotIndicator.ex4   14 KB | 257 downloads
File Type: mq4 AutoPivotIndicator.mq4   14 KB | 274 downloads
"Blue Horseshoe loves Anacott Steel!"
  • #1,729
  • Apr 12, 2010 6:44am Apr 12, 2010 6:44am
Quoting Tuner
out @ BE.. --> choppy day
you may have cut out a little early, we still have back up support from previous resistance on the daily chart
Attached Image (click to enlarge)
Click to Enlarge Name: aud6.jpg Size: 104 KB
BTC Return This Year: na
  • #1,730
  • Apr 12, 2010 6:47am Apr 12, 2010 6:47am
Quoting Tuner
Hey there puks,
No problem. Here you go.
You can select daily,weekly and/or monthly with it.

Regards, Tuner

Thanks buddy.

so this indicator automatically change the value as the day/week goes ahead?

Can you please explain its working in a little more detail?

thanks
  • #1,731
  • Apr 12, 2010 6:50am Apr 12, 2010 6:50am
look at my last G/U charts at previous pages,

Long G/U 1.5400 SL=1.5350 TP=1.5550 & 1.5650

same time short E/G from .8825 Sl=50 targeting weekly pivot at .8780
  • #1,732
  • Apr 12, 2010 6:52am Apr 12, 2010 6:52am
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting M.A.C.Doug
you may have cut out a little early, we still have back up support from previous resistance on the daily chart
right. maybe a lil too
It was meant for a lil scalp so I didn't want to let it go red again.
But we met some serious support now
That H1-candle just forming looks nice.
but didn't enter it.
Holding a short on EUR/AUD at the moment. that one did profit from the bounce in AUD/USD as well.

So you did hold your Long A/U from 9280? where was your stop on that one?
"Blue Horseshoe loves Anacott Steel!"
  • #1,733
  • Apr 12, 2010 6:53am Apr 12, 2010 6:53am
I prefer long G/U and short E/G and short E/U , long A/U , long U/Cad, that looks like a total mess (considering their correlation) but I will go for them
  • #1,734
  • Apr 12, 2010 6:58am Apr 12, 2010 6:58am
Quoting Tuner
So you did hold your Long A/U from 9280? where was your stop on that one?
stop just below .9250. I believe that price was unlikely to break below this handle easily given the strong confluence of support at this level
BTC Return This Year: na
  • #1,735
  • Apr 12, 2010 7:13am Apr 12, 2010 7:13am
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting puks
Thanks buddy.

so this indicator automatically change the value as the day/week goes ahead?

Can you please explain its working in a little more detail?

thanks
I didn't code it myself or have some details, but what I found out so far using it.
- It does update the lines automatically yes..
- I think the values shown depend on your brokers server time. so it might show slightly different values with another broker.

Hope this helps..
"Blue Horseshoe loves Anacott Steel!"
  • #1,736
  • Apr 12, 2010 7:22am Apr 12, 2010 7:22am
Quoting MarcVUM
What TF did you use to back test? on an H4 TF was the gap closed in under 8 hrs? More insight would be much appreciated.
.
hey marc..... ran it on the daily to look as far back as possible..... can't recall the average times to close..... less than a day almost for sure... a few might have taken a month...... can't really recall...... we do some work and let ya know........

//-------

appears to be potiential head and shoulders patterns in the making almost every where you look......... 60, 240, and daily..... some are massive in size..... neckline targets are realistic......h
to trade and code, keep both simple... no call to impress....h
  • #1,737
  • Apr 12, 2010 7:33am Apr 12, 2010 7:33am
Thanks. As long as it updates its values automatically I am good.

Cheers


Quoting Tuner
I didn't code it myself or have some details, but what I found out so far using it.
- It does update the lines automatically yes..
- I think the values shown depend on your brokers server time. so it might show slightly different values with another broker.

Hope this helps..
  • #1,738
  • Apr 12, 2010 7:38am Apr 12, 2010 7:38am
Quoting puks
Thanks buddy.

so this indicator automatically change the value as the day/week goes ahead?

Can you please explain its working in a little more detail?

thanks
Hey buddy,

take a look at these website to see how you can use pivots and S/R , it never hurts to study more (I'm sure you know most of it but that may be helpful)
http://www.tradejuice.com/forex/pivo...trading-mm.htm
http://www.babypips.com/school/

also I suggest you to watch Mike's videos here, there is a reason I asked him to post them here
  • #1,739
  • Apr 12, 2010 10:16am Apr 12, 2010 10:16am
Quoting shanem
hi guys,

i stumbled across this thread when i was trying to learn more on COT. my short story is that i lost 50k trying to short audusd for all the wrong reasons. am trying to recover it back with my 2k left. am doing a lot of reading etc so that i dont repeat my mistakes again. hopefully this time i should be on top of audusd.
Hi Shanem - That's very unfortunate. Your post was delayed and I only saw it when I went back to check something. May I ask how long you have been trading? If you have any questions, I'm sure somebody will be able to help you in this thread.
Nothing worth having is easy.
  • #1,740
  • Apr 12, 2010 10:30am Apr 12, 2010 10:30am
Quoting shanem
hi guys,

i stumbled across this thread when i was trying to learn more on COT. my short story is that i lost 50k trying to short audusd for all the wrong reasons. am trying to recover it back with my 2k left. am doing a lot of reading etc so that i dont repeat my mistakes again. hopefully this time i should be on top of audusd.
Hi shanem, I just saw Patience post and then I went back to see when did you post because I didn't see. I'm so sorry to hear your big loss, hope you can recover. As patience mentioned let us know what you have done so far. and dont try to do anything risky with you 2K left, it may sound disappointing but there is a good chance you lose it all particularly after what has happened.
so take a break from trading and try demo for the mean time and let us know your experience and the method that you use for trading.
1 trader viewing now