TB_M

TB_M

Commercials are Long on NZD and short on USD, gives us an opportunity to get a solid movement. Price changed character and and a strong bullish 4 hour candle has been formed.

TB_M Updated 

According to COT report Commercials are heavily short on USD and Long on CHF. The price currency broke both trend line and changes character. Waiting for a strong 4 hour bearish candle or price to close below 0.89720 level.

TB_M Updated 

According to Commitment of Traders report, Commercials are heavily long on NZD and short on USD. Current US government action is making USD very volatile, however, the setting looks good enough for a long trade. Price finding resistance at 200 SMA is also a good sign.

TB_M Updated 

According to COT Data Commercials are heavily short on USD and Long on CHF. On top of that USD/CHF broke structure and currently retracing. Hoping for a strong decline soon.

TB_M Updated 

According to COT report commercials are heavily long in NZD and short in JPY. Also, according to seasonality chart, NZD tends to increase from December til Min Jan. Hoping to get good return.

TB_M Updated 

According to COT Report Commercials are heavily short on AUD and heavily long on NZD. Hoping a strong rally will start from that point.

TB_M Updated 

Commercials are heavily long on GBP while somewhat short on JPY. After change of Character, I went down to smaller TF to find an entry.

TB_M Updated 

COT Report shows EURO Strength and Euro just bounced back from 1.61625. The pair created an accumulation pattern and broke out the top of the pattern. Hopefully a rally will start soon.

TB_M Updated 

COT report is looking solid for EURO and weak for AUD. Looking for an opportunity to go long. The setup might not appear in a way, I think it might. However, if the setup is not how I prefer, I have to practice the most difficult trading skills - patience and letting it go. Hoping for a good setup.

TB_M Updated 

Price created a nice acclimation pattern and broke the upper range. 3-10 Oscillator is also slowing signs of divergence. Stop loss is a bit tight, might fall into a liquidity grab trap.

TB_M Updated 

The daily chart shows a bearish fair value GAP that the price pulled back to and it's also an active order block. Daily MACD is negative. This could be a good opportunity to go short. I will move to lower time frame and keep this updated.

TB_M

EURJPY seems to be in a good structure. COT report is also displaying EURO Strength and JPY Weakness. Hoping for a quick move up.

TB_M Updated 

According to COT Report, USD is looking stronger while Yen is looking relatively weaker. An impulsive move to the upside might be imminent. If I get stopped out, I will try again because my profit to loss ratio allows me to try at least a few times.

TB_M Updated 

Hopefully like last week, I won't make any impulsive entry. COT report shows 28% increase in CHF shorts while GBP being predominantly strong for months. MACD (Daily) also shows very weak bearish move, usually, after a weak bearish/bullish move, even a small push results in good movement to the opposite side. Again, nothing is confirmed and I might be 200% wrong...

TB_M Updated 

According to COT report, EURO Non Commercial Shorts increased around 36% while GBP has been strong for a while. I am going to wait for price to come back to 50% retracement and look for opportunity to enter. Again, I might be very wrong about this but it looks like, it's worth giving it a try. Daily MACD also shows a weak bearish move.

TB_M Updated 

Price has been accumulating for months and bearish divergence has also been spotted.

TB_M

After 2 impulsive entries, this is my 3rd try. Price bounced back from order flow area. A nice bullish move + 2 rejection (clear from hourly chart) might give me a good risk:reward trade. Economic Data Australia: Interest Rate: 4.35% (as of September 25, 2024) Inflation: 3.6% (year-on-year, to June 2024) Trade Balance: AUD$11.2 billion surplus (June 2024) New...

TB_M Updated 

Reason Price has retraced to a daily bullish fair value gap. 15 minute chart shows weak down movement followed by a double bottom. Price might go lower, if it does, I will look for a better opportunity to go long. However, if the larger timeframe becomes bearish, I won't look for an opportunity to go long anymore.