I believe 1.2000 should be tested before going to new highs.

EURUSD only

Yes, but 1.2000 is a huge milestone. I believe it may be tested today before going higher. It all depends on the reaction to NFP.

Weekly COT report Analysis + Trade Ideas

I agree, but it may want to test 1.2000 first before moving higher.

Weekly COT report Analysis + Trade Ideas

Hello Ata. I think the market will want to test 1.2000 before moving higher. It has been a long time coming and the bulls will want to see that it holds before buying more. Who knows, it may not hold with NFP today... I think it will, but it could ...

EURUSD only

I´m not trusting EU at this time. Mainly because I still expect a major drop in stocks, maybe 20 to 30 percent. Yes, December is generally positive for stocks, but when I look at the Nasdaq Daily and Weekly charts, I can´t help feeling that we are ...

Weekly COT report Analysis + Trade Ideas

Sha, on average, what % of the trades you open end up hitting your original stop loss before you move it to breakeven? I believe this is your third try at NU. I may be wrong. It looks like it finally broke the wedge. Do you always use a 25 pip SL or ...

Weekly COT report Analysis + Trade Ideas

USD Index about to resolve a Daily wedge up or down. It looks like a possible bounce. We´ll see...

Weekly COT report Analysis + Trade Ideas

Great to have some expert company. I was feeling kind of lonely there.

Weekly COT report Analysis + Trade Ideas

You don´t want to mess with near perfection. Your system is as close to Nirvana as you can get. Keep up the good work.

Weekly COT report Analysis + Trade Ideas

NU is now at the top of a large broadening formation. I am short and adding. Here is the daily chart.

Weekly COT report Analysis + Trade Ideas

Hello Ata. My system still calls for the drop. This is a deceiving setup. It looks bullish, but I cannot go against what my system tells me. I just opened a short position.

EURUSD only

I may be wrong, but my system still tells me that EU will hit at least 1.1600 in the next few days.

EURUSD only

After considering various options for the past few months, this is the channel I have settled on for EurUsd. This is a monthly chart. I do not believe it has broken to the upside yet.

EURUSD only

Neckline of H&S tested. Next stop should be 1.1730

EURUSD only

I see a bounce to 1.1785 - 1.1795 before going down again to a new low.

EURUSD only

I see it down to 1.1400, but 1,1500 could be the low.

EURUSD only

I agree with you.

EURUSD only

H1 H&S pattern looks broken at neckline. This should take us to 1.1625.

EURUSD only

Head and Shoulders building, clearly visible on H1. Good for 120 pips from neckline.

EURUSD only

Hello Ata. Thanks for your analysis. Is that pitchfork an indicator or do you build it by hand? It looks good.

EURUSD only