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- C-12 replied Dec 23, 2020
It certainly has, similar on US30. I still have some sells running and added again off 30,100. Probably the last attempt before the towel is thrown in.
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 23, 2020
Yes, I have taken a slice on it, SL behind this current H1 candle. There is also 13,600 above, but I am becoming more cautious with short setups on indices until we really get a confirmed top. GBPCHF - 1.1950 interesting here.
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 23, 2020
What do you think of DAX at 13,500 for a possible sell?
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 23, 2020
Yes those are better levels. I am looking at the DXY and I see potential for it to go sideways from here. The news calendar is empty and holidays approaching. Will come back and take a look at NY. We might be better off saving our bullets.
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 23, 2020
You made the right choice given the range bound conditions. Best take the money on offer rather than get caught holding a grinder that moves back down to BE. I've reloaded a few bit's - AU 0.7575, EU 1.22, EA 1.61 and some GU short on PA. USDCAD ...
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 22, 2020
I usually trade US30 in the NY session, and sometimes DAX in London but I'm often tied up with the FX pairs. Been selling pullbacks on US30 today, looking for this to eventually crack these lows, but it's being a stubborn animal. These were simple ...
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 22, 2020
Yes USDCAD is looking better every time I look at it. What do you think of these targets of 1.30 and 1.31? I am actually starting to think we probably didn't need to aggressively seek that low over last few weeks, but rather take this first clean ...
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 22, 2020
Let's see. At the moment USD looks quite bullish. I am looking for 103.750 and 104 for TPs for this long setup.
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 22, 2020
Nice work. I like to see traders make these unique and unconventional discoveries.
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 22, 2020
Here's some on UJ off the 50%, very basic PA entry on this one. Not my favourite pair due to the slow pace of it.
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 22, 2020
100% agree. And what a simple trading day this is. Impossible not to make easy pips in these movements.
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 22, 2020
Yes, I like the placement of 1.2275 if this can grind it's way up there. Doesn't look like it will have enough umph to make it's way to 1.23 today but maybe NY can give it a nudge. USDJPY might be setting up a long here, but it's probably going to ...
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 22, 2020
Yes that was good area to add another scalp. Overall this does look quite corrective rather than full on reversal. 1.3350 is interesting. Today seems we have a lot less volume to work with than yesterday.
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 22, 2020
Yes, I did similar. Was looking for 1.22 but it might have turned a bit ahead of schedule. Will keep an alert on it for a retest.
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 22, 2020
I fully agree, hedging off solid levels is a great idea. I often do it instinctively when I'm unsure to lock in a position, but it can be built into a plan. In most cases, the hedge will just get knocked out for break even. Worst case is giving back ...
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 22, 2020
It looks like most of these moves were textbook confluence retracements of fibs and RN. They went up more than expected but shakeouts tend to do that. Sometimes we are sat questioning if we got it right. Given the nature of these whipsaw moves, it's ...
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 21, 2020
[quote=shahab8b;13324217] Yes. Also UCAD 1.2825/quote] Took a slice on 1.2825 / 50%, I think we've got a confirmed breakout and retracement here. TP 1.30.
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 21, 2020
I am not a fundamental guy but I live in the UK and I know how bad things are right now, and it's about to get a whole lot worse. Not only do we have this alleged new strain of Covid-19, but our borders are now shut and people are panic buying and ...
Weekly COT report Analysis + Trade Ideas
- C-12 replied Dec 21, 2020
Yep, got it and AUDUSD 0.76
Weekly COT report Analysis + Trade IdeasI very sceptical about these moves, will have to see how they progress.
- C-12 replied Dec 21, 2020
Yeah I was expecting a better hit from 1.35, but it might be ok. Some early signs USD is perking up as well. I am going to hold this one and keep SL just above 1.35. I don't want anything to shake out this entry unless price takes it out. Also got ...
Weekly COT report Analysis + Trade Ideas