Weekly COT report Analysis + Trade Ideas | Page 169 | 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

  • #3,361
  • May 26, 2010 5:22pm May 26, 2010 5:22pm
Quoting shahab8b
I have a feeling we might see indices dropping today.

What a day...the fall in the U.S. equities exceeded my expectation.

E/U ,S under pressure.Note the classic bullish div. Following the price lower with this div is not very wise imo.
Attached Image (click to enlarge)
Click to Enlarge Name: Spot FX (mini) EUR_USD (2).png Size: 35 KB
  • #3,362
  • May 26, 2010 5:23pm May 26, 2010 5:23pm
Quoting tradoholic
HI Shahab,
Here is my take on the astrological aspect of the share market for today. I am loading up DJ at current price of 9882, will add ASX200 later on today, limit entry 4210. Going long A/U, Keeping my short in GBP, and E/U. Also I am long USD/JPY from 89.91. These are all purely on Astrological charts. If anybody wants full details and explanations, pl email me on [email protected]

Hi there, thanks for sharing.
I have one question for you, why short Euro and Cable then? are you hedging your longs?
  • #3,363
  • Edited 5:54pm May 26, 2010 5:43pm | Edited 5:54pm
Quoting shahab8b
Hi there, thanks for sharing.
I have one question for you, why short Euro and Cable then? are you hedging your longs?
In astrological terms, the events that started the downfall of Europe is not ending till late 2010. I expect parity as I mentioned about (6 months ago), or .80 on extention. Cable will be out of the woods earlier. I expect 1.36 - 1.38. These again are all purely on planetary positions that rule business houses of Eu.
Now as to why short GBP, this is based on my personal opinion, apart from the fact that I have been riding this baby down from last year, somewhere along the track USD will start to move up with US equities. This was the case before of you remember and I believe it will happen again.

And ofcourse for the time being shorting EU and GBP serves as a hedge against my longs.

I was wrong about Gold, I thought we would touch 900, but didnt happen, and now Planetary movement that controls Gold is back in favourable position which would see Gold touching 1500 by the end of this year. I should stress again that these are what I see on Astrological charts.
Find a job that you love and you dont have to work again in your life.
  • #3,364
  • May 26, 2010 5:55pm May 26, 2010 5:55pm
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting shahab8b
What a day...the fall in the U.S. equities exceeded my expectation.

E/U ,S under pressure.Note the classic bullish div. Following the price lower with this div is not very wise imo.
Ya... what a day!
Hope you took most of that drop in equities!
Switched to the long side now?

For my trades my trailing stops did turn out to be not that bad with that drop (part of A/U, and A/J closed still in nice profits)
Still got some positions open but feel comfortable with the remaining risk on those.
I won't let my month turn red on the last few days now
"Blue Horseshoe loves Anacott Steel!"
  • #3,365
  • May 26, 2010 6:21pm May 26, 2010 6:21pm
Quoting tradoholic
HI Shahab,
Here is my take on the astrological aspect of the share market for today. I am loading up DJ at current price of 9882, will add ASX200 later on today, limit entry 4210. Going long A/U, Keeping my short in GBP, and E/U. Also I am long USD/JPY from 89.91. These are all purely on Astrological charts. If anybody wants full details and explanations, pl email me on [email protected]
Hi Tradoholic

My charts agree with your longs on the dow but not so much on au. How long do you see this positive period lasting for?
  • #3,366
  • May 26, 2010 6:49pm May 26, 2010 6:49pm
Quoting amyc
Hi Tradoholic

My charts agree with your longs on the dow but not so much on au. How long do you see this positive period lasting for?
Hi amc,
My TP for AU is 8315. It should touch it today by 4pm sydney time. SL 8178.
Find a job that you love and you dont have to work again in your life.
  • #3,367
  • May 26, 2010 6:51pm May 26, 2010 6:51pm
DOW is up 40 points, moving SL to BE and turning the computer off just incase I get tempted to pull out. See you all tomorrow this time.... Good luck
Find a job that you love and you dont have to work again in your life.
  • #3,368
  • May 26, 2010 6:53pm May 26, 2010 6:53pm
A/J short has been taken at 74 sl=75.5
Attached Image (click to enlarge)
Click to Enlarge Name: Spot FX (mini) AUD_JPY (1).png Size: 30 KB
  • #3,369
  • May 26, 2010 7:33pm May 26, 2010 7:33pm
Quoting Tuner
Ya... what a day!
Hope you took most of that drop in equities!
Switched to the long side now?

For my trades my trailing stops did turn out to be not that bad with that drop (part of A/U, and A/J closed still in nice profits)
Still got some positions open but feel comfortable with the remaining risk on those.
I won't let my month turn red on the last few days now

I got some good part of it. My initial plan was to switch to long after the drop but I didn't like the PA.

You have been doing really great recently, as a suggestion when you are over confident of your trading take a 2-3 days break.
  • #3,370
  • May 26, 2010 7:45pm May 26, 2010 7:45pm
Quoting shahab8b
A/J short has been taken at 74 sl=75.5
I also took AJ short from 74.10 and s/l at .74.60.

Last night my limit sell didn't get fillled at 75.90. It went as far as 75.894 on my 5 digit criminal.
  • #3,371
  • Edited 8:26pm May 26, 2010 8:08pm | Edited 8:26pm
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting shahab8b
I got some good part of it. My initial plan was to switch to long after the drop but I didn't like the PA.

You have been doing really great recently, as a suggestion when you are over confident of your trading take a 2-3 days break.
I did go for the long side on S&P and Dow with small risk. Saved at BE already and give it a free ride now.

Ya. last 2 weeks been ok. But I only go in with pretty small lotsizes. Feel much more confident with that. Not the huge profits (in percentage) but I wanna get consitant green results for a while now first.

Your suggestion seems reasonable. gettin over-confident can be dangerous. In the past I started to increase my risk (lotsizes) after that..and gave back all my profits with that. Now I try at least not to do so. But some days of break can be a good thing as well.. you are right.
gonna consider that...

off to bed here now.

see you..
"Blue Horseshoe loves Anacott Steel!"
  • #3,372
  • May 26, 2010 9:10pm May 26, 2010 9:10pm
forming a narrow double bottom on daily chart with momentum pointing up and RSI showing positive div. swing trade sl below 1.2135. tp 1.24ish .
  • #3,373
  • May 26, 2010 9:19pm May 26, 2010 9:19pm
G/U,

Short at 1.44, sl=1.4550
Attached Image (click to enlarge)
Click to Enlarge Name: Spot FX (mini) GBP_USD (4).png Size: 31 KB
  • #3,374
  • May 26, 2010 9:49pm May 26, 2010 9:49pm
eur/usd
Quoting pipspike
forming a narrow double bottom on daily chart with momentum pointing up and RSI showing positive div. swing trade sl below 1.2135. tp 1.24ish .
  • #3,375
  • May 26, 2010 10:22pm May 26, 2010 10:22pm
eur/usd
Quoting pipspike
eur/usd
  • #3,376
  • May 26, 2010 11:14pm May 26, 2010 11:14pm
lower low on 1hr & 4hr. rsi +ve div.
  • #3,377
  • May 26, 2010 11:27pm May 26, 2010 11:27pm
closed half, sl to be
Quoting pipspike
eur/usd
  • #3,378
  • May 26, 2010 11:28pm May 26, 2010 11:28pm
closed half, sl to be
Quoting pipspike
lower low on 1hr & 4hr. rsi +ve div.
  • #3,379
  • May 27, 2010 12:01am May 27, 2010 12:01am
sl 1.4530, tp 1.4335
  • #3,380
  • May 27, 2010 12:06am May 27, 2010 12:06am
all partial running trades to BE. have a good one , see ya all tomorrow

happy trading

Quoting pipspike
sl 1.4530, tp 1.4335
11 traders viewing now