Weekly COT report Analysis + Trade Ideas | Page 158 | 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

  • #3,141
  • May 20, 2010 4:53pm May 20, 2010 4:53pm
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting shahab8b
S&P 500 futures

descending scallop - a pattern I didn't even know before-but need to keep that in mind I think.
So was it "only" that pattern making you so damn sure of that drop to come. Or the fundamentals as well?

well done!
"Blue Horseshoe loves Anacott Steel!"
  • #3,142
  • May 20, 2010 4:58pm May 20, 2010 4:58pm
Quoting Tuner

descending scallop - a pattern I didn't even know before-but need to keep that in mind I think.
So was it "only" that pattern making you so damn sure of that drop to come. Or the fundamentals as well?

well done!
Are you serious? How many times did I write that in E/U daily chart!!!
Attached Image (click to enlarge)
Click to Enlarge Name: eu1e.gif Size: 19 KB
  • #3,143
  • May 20, 2010 5:09pm May 20, 2010 5:09pm
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting shahab8b
Are you serious? How many times did I write that in E/U daily chart!!!

You are right. I remember that chart.. but I meant I didn't know it before that. (before I started following you
and don't remember learning about that one in the list of "classical" patterns.
--> should go back to babypips-school again.
"Blue Horseshoe loves Anacott Steel!"
  • #3,144
  • May 20, 2010 5:18pm May 20, 2010 5:18pm
Quoting Tuner
You are right. I remember that chart.. but I meant I didn't know it before that. (before I started following you
and don't remember learning about that one in the list of "classical" patterns.
--> should go back to babypips-school again.

Come one Tuner, babypips is for newbies , you wanna learn some serious stuff you should learn from the master of patterns: Thomas Bulkowski
http://thepatternsite.com/descscallops.html
  • #3,145
  • May 20, 2010 5:31pm May 20, 2010 5:31pm
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting shahab8b
Come one Tuner, babypips is for newbies , you wanna learn some serious stuff you should learn from the master of patterns: Thomas Bulkowski
http://thepatternsite.com/descscallops.html

Thanks. Pretty good stuff actually.
Actually I still consider myself a newbie. And it might take some more time for me... (and maybe even another account crashing or so

But keep on learning and understanding more and more.
Think I gonna spend some time studying those..

Thomas Bulkowski :
"...successful investment activities allowed him to retire at age 36..."

So you wanna follow him and do the same?

"Blue Horseshoe loves Anacott Steel!"
  • #3,146
  • May 20, 2010 6:07pm May 20, 2010 6:07pm
Quoting shahab8b
E/U, take a look at 1.26 S>R where I highlighted earlier.
Only one touch and it drops 130 pips.
Yes, it worked as you predicted...

I was lucky enough to be there in front of my pc at the time and took some ninja shorts that are now covered by stops at B/E.

Where do you think the prices will be going now? .. 1.20 ??? and below?

Thanks,
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_Short.jpg Size: 112 KB
  • #3,147
  • May 20, 2010 7:49pm May 20, 2010 7:49pm
Short U/Chf at daily pivot 1.1510 SL=1.1610

TFM method
Attached Image (click to enlarge)
Click to Enlarge Name: uchf2d.gif Size: 18 KB
  • #3,148
  • May 20, 2010 7:50pm May 20, 2010 7:50pm
Sell limit U/Cad at 1.0740 SL=1.0780
  • #3,149
  • May 20, 2010 8:10pm May 20, 2010 8:10pm
E/A
Attached Image (click to enlarge)
Click to Enlarge Name: ea2u.gif Size: 19 KB
  • #3,150
  • May 20, 2010 8:14pm May 20, 2010 8:14pm
Quoting Bouzies
Yes, it worked as you predicted...

I was lucky enough to be there in front of my pc at the time and took some ninja shorts that are now covered by stops at B/E.

Where do you think the prices will be going now? .. 1.20 ??? and below?

Thanks,

Nice trades, well done
I'm not sure of E/U atm, may be up ,may be not. Long term I see E/U at 1.14-15.
  • #3,151
  • May 20, 2010 8:51pm May 20, 2010 8:51pm
Quoting shahab8b
Nice trades, well done
I'm not sure of E/U atm, may be up ,may be not. Long term I see E/U at 1.14-15.
All stopped out with a small profit.
  • #3,152
  • May 20, 2010 9:17pm May 20, 2010 9:17pm
USD/CAD short on h4 double top 1.0688
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad short.jpg Size: 124 KB
  • #3,153
  • May 20, 2010 9:37pm May 20, 2010 9:37pm
Where you all think usdjpy is going, weekly mcad does not look good and stochs are halfway...........
  • #3,154
  • May 20, 2010 10:45pm May 20, 2010 10:45pm
Quoting shahab8b
Short U/Chf at daily pivot 1.1510 SL=1.1610

TFM method

Hi shahab,

New to your forum. could you please post the indicator that you are using to place stops(the one that is showing in your chart here). Do you use this often to place stops??? thank you
  • #3,155
  • May 20, 2010 10:58pm May 20, 2010 10:58pm
A/U
Attached Image (click to enlarge)
Click to Enlarge Name: au2b.gif Size: 21 KB
  • #3,156
  • May 20, 2010 11:33pm May 20, 2010 11:33pm
Sell EURCHF at 1.4565 SL=75 TP=125
Attached Image (click to enlarge)
Click to Enlarge Name: echf2r.gif Size: 21 KB
  • #3,157
  • May 20, 2010 11:50pm May 20, 2010 11:50pm
I have a H+S target for DXY at 84.55/65 depending on how one measures, with support prior at 85.2. Similarly EURUSD res. at 2720ish and perhaps 2770. This graph is half an hour old, which is prehistoric in the current market climate As a result we can see DXY is now toying with the 85.2 area. Cheers

http://img294.imageshack.us/img294/3777/fsspon2.png
  • #3,158
  • May 21, 2010 1:07am May 21, 2010 1:07am
Quoting pipspike
Hi shahab,

New to your forum. could you please post the indicator that you are using to place stops(the one that is showing in your chart here). Do you use this often to place stops??? thank you

Here you go,
download "Level Stop Reverse v2"
#1
  • #3,159
  • May 21, 2010 4:00am May 21, 2010 4:00am
Wadda week, wadda week. Actually, what a month. The old adage "sell in May and go away" rings so true. Bloomberg TV were saying investors were liquidating gold positions to cover equity losses .... I see US indice futures are green at the moment. Some brave traders must be trying to pick the bottom.

SSI: AUDUSD Ratio Pulls Back from 1.98 to 1.47 amid 34 Percent Jump in Shorts
Friday, 21 May 2010 08:19 GMT
Written by Michael Wright

FXCM Speculative Sentiment Index (SSI) Statistics:

Attached Image (click to enlarge)
Click to Enlarge Name: p61.png Size: 179 KB

Attached Image (click to enlarge)
Click to Enlarge Name: p62.png Size: 122 KB


Intraday Highlight:

AUDUSD - The ratio of long to short positions in the AUDUSD stands at 1.47 as nearly 59% of traders are long. Yesterday, the ratio was at 1.98 as 66% of open positions were long. In detail, long positions are 2.5% lower than yesterday and 26.7% weaker since last week. Short positions are 31.4% higher than yesterday and 8.2% stronger since last week. Open interest is 8.9% stronger than yesterday and 76.0% above its monthly average. The SSI is a contrarian indicator and signals more AUDUSD losses.

SSI Details:

EURUSD - The ratio of long to short positions in the EURUSD stands at -1.04 as nearly 51% of traders are short. Yesterday, the ratio was at -1.13 as 53% of open positions were short. In detail, long positions are 1.3% higher than yesterday and 13.9% weaker since last week. Short positions are 7.3% lower than yesterday and 33.2% stronger since last week. Open interest is 3.3% weaker than yesterday and 92.1% 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 1.42 as nearly 59% of traders are long. Yesterday, the ratio was at 1.50 as 60% of open positions were long. In detail, long positions are 0.7% lower than yesterday and 7.2% weaker since last week. Short positions are 4.7% higher than yesterday and 14.1% stronger since last week. Open interest is 1.5% stronger than yesterday and 96.2% above its monthly average. The SSI is a contrarian indicator and signals more GBPUSD losses.

GBPJPY - The ratio of long to short positions in the GBPJPY stands at 1.60 as nearly 61% of traders are long. Yesterday, the ratio was at 2.23 as 69% of open positions were long. In detail, long positions are 3.8% lower than yesterday and 2.9% weaker since last week. Short positions are 34.3% higher than yesterday and 3.8% stronger since last week. Open interest is 8.0% stronger than yesterday and 104.4% above its monthly average. The SSI is a contrarian indicator and signals more GBPJPY losses.

USDJPY - The ratio of long to short positions in the USDJPY stands at 2.82 as nearly 74% of traders are long. Yesterday, the ratio was at 3.47 as 78% of open positions were long. In detail, long positions are 3.8% lower than yesterday and 3.3% stronger since last week. Short positions are 18.4% higher than yesterday and 18.6% weaker since last week. Open interest is 1.1% stronger than yesterday and 92.1% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.

USDCAD - The ratio of long to short positions in the USDCAD stands at 1.07 as nearly 52% of traders are long. Yesterday, the ratio was at -1.10 as 52% of open positions were short. In detail, long positions are 4.1% higher than yesterday and 22.5% weaker since last week. Short positions are 11.8% lower than yesterday and 14.3% stronger since last week. Open interest is 4.2% weaker than yesterday and 75.9% above 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 -1.59 as nearly 61% of traders are short. Yesterday, the ratio was at -1.80 as 64% of open positions were short. In detail, long positions are 2.5% higher than yesterday and 2.0% stronger since last week. Short positions are 9.8% lower than yesterday and 7.3% weaker since last week. Open interest is 5.4% weaker than yesterday and 87.0% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF gains.

NZDUSD - The ratio of long to short positions in the NZDUSD stands at 1.65 as nearly 62% of traders are long. Yesterday, the ratio was at 1.78 as 64% of open positions were long. In detail, long positions are 1.9% lower than yesterday and 19.0% weaker since last week. Short positions are 6.0% higher than yesterday and 16.8% weaker since last week. Open interest is 0.9% stronger than yesterday and 68.1% above its monthly average. The SSI is a contrarian indicator and signals more NZDUSD losses.
Nothing worth having is easy.
  • #3,160
  • May 21, 2010 4:20am May 21, 2010 4:20am
Quoting jackm1
Where you all think usdjpy is going, weekly mcad does not look good and stochs are halfway...........
Here's a tidbit. I was wondering yesterday where the BoJ might be hiding.

USD/JPY: Talk of Semi Official Bids at 89.00

The word in Asia today was that semi-official bids are around at 89.00 in USD/JPY. We saw a couple of nasty bounces off this level yesterday so it may be opportunity for nimble players. Beware though this is a dangerous market………………not quite as bad as 2008 post Lehman but dangerous nevertheless. Liquidity is poor and moves are exaggerated. As mentioned earlier option volatility prices are through the roof in all pairs.

http://www.forexlive.com/category/all
Nothing worth having is easy.
5 traders viewing now