4 lots. Not heavy. Taking it to a TP of 1.1550. Once we get there, I will trade only long to the 1.20s

EURUSD only

An ABCD move would put the bottom of EU at 1.1550. I have changed the TP of my shorts from 1.1500 to 1.1550. Also, looking at the Daily chart, that level was good S/R in 2017 & 2018. If EurUsd plays out like this, I will trade only long from 1.1550.

Weekly COT report Analysis + Trade Ideas

Important level: 1- Testing neckline of topping formation. 2- Forming upward wedge. 3- Testing H4 200 SMA. 4- Oscillators very overbought. 5- Oscillators showing clear divergence. OK euro, time to drop...

EURUSD only

Remember we had a Key Reversal monthly candle in September...

EURUSD only

Thanks Ata. I have been busy running my company, but I will try to post as much as possible.

EURUSD only

Here is where I think we are going. We´ll see...

EURUSD only

Here is where I think we are going. We´ll see...

Weekly COT report Analysis + Trade Ideas

Crunch time for DXY which finds itself at the crossroads. It can break lower strong support or higher channel resistance. I say it breaks higher, bringing EurUsd towards the 1.1500 level.

Weekly COT report Analysis + Trade Ideas

Head & Shoulders formation is almost complete with neckline around the 1.1700 level. If broken, it is good for a minimum drop to 1.1630. Probably down to 1.1500.

EURUSD only

Head and Shoulders almost complete.

Weekly COT report Analysis + Trade Ideas

I think the Nasdaq may be building a H&S formation with a future neckline at 11,200. It is finishing the Head now. There may be a bounce at the neckline to build the right shoulder.

Weekly COT report Analysis + Trade Ideas

The H1 H&S pattern broke the neckline and now EurUsd seems to be forming a much larger H&S visible in H1. Neckline is around 1.1695.

Weekly COT report Analysis + Trade Ideas

Head & Shoulders developing in H1 for EurUsd. If broken, it is good for 46 pips from the neckline which in turn would break the up sloping trendline and confirm the beginning of the trip to 1.1500.

Weekly COT report Analysis + Trade Ideas

I´m short EU from the same level as you.

Weekly COT report Analysis + Trade Ideas

EurUsd is struggling against the 1.1765 level which is the 38.2 Fib retracement of the drop that began on 9/1. It may start the drop from here. We´ll see... GBPUSD is struggling against the 129.80 level which is also the 38.2% Fib retracement.

Weekly COT report Analysis + Trade Ideas

This is how my DXY Daily channel is looking. It seems very probable that there will soon be a break to the upside. Probably this week or early next. That break should bring EU down to 1.1500

Weekly COT report Analysis + Trade Ideas

Shahab, do you ever use market orders to enter or exit positions, or do you always use limit orders to enter and preset TPs for exit? Also, how far back do you usually trail your positions? 3 H4 candles?

Weekly COT report Analysis + Trade Ideas

Can someone help me? Years ago I got this spam message on my charts and I forgot how I fixed it. It happened again this morning. Any thoughts on how to get rid of it?. Thanks.

EURUSD

Can someone help me? Years ago I got this spam message on my charts and I forgot how I fixed it. It happened again this morning. Any thoughts on how to get rid of it?. Thanks.

EURUSD only

Thank you Shahab. I am keeping an eye on it.

Weekly COT report Analysis + Trade Ideas