I say triangle top.

Weekly COT report Analysis + Trade Ideas

I have 1.1778 pending sell at 38.2 fib retracement of the drop. TP: 1.1550

Weekly COT report Analysis + Trade Ideas

There is a retracement happening. I exited the short. Will short again at retest of trendline (arrow).

Weekly COT report Analysis + Trade Ideas

I´m long EurCad. Look at this beautiful Cup with Handle pattern forming. It could be good for 1000 pips.

Weekly COT report Analysis + Trade Ideas

I´m short since the break. You can´t count on a rebound happening with this risk off environment. It looks like DXY wants to go straight to 94.

Weekly COT report Analysis + Trade Ideas

I´m with you on this one.

Weekly COT report Analysis + Trade Ideas

I am very interested in your trade management method. Looking forward to reading what you have to say.

Weekly COT report Analysis + Trade Ideas

Here is what I have. I am short with a 1.1725 TP. I have EU dropping to 1.1520 / 1.1600 area in the next few weeks to complete the retracement to the 38.2% Fib of the move up. After that, it should be smooth sailing to the north. This move is almost ...

Weekly COT report Analysis + Trade Ideas

Possible inverted H&S developing.

Cable Update (GBPUSD)

1,3038 will possibly be the top of the Head of a H&S formation that will eventually target the low at 1.2763.

Cable Update (GBPUSD)

I think it is going to 1.3038, which is the 38 Fib of the entire down move, before going to a new low.

Cable Update (GBPUSD)

That is certainly a possibility, though I prefer to ignore the outermost left shoulder and use the neckline at 1.1753. Please call me Al. Thanks.

Weekly COT report Analysis + Trade Ideas

Your entire chart may be a large H&S pattern with a final target of 115+ which is more or less where I think EU may be going in order to test the multi year trendline from the back side. (see below)

Weekly COT report Analysis + Trade Ideas

Not even that. The system that I described will turn 10,000 into 1.3 million in one year with only 20 pips a day gain. See attached.

Cable Update (GBPUSD)

Looks like GU is getting ready to move north hard...

Cable Update (GBPUSD)

You can learn to control your emotions. If you are feeling stress, your position is too high. Over the years I have found that 1 contract per 10,000 in your account balance is a safe and stress free level. I also enter trades in two half positions. ...

Cable Update (GBPUSD)

You are doing very well. Stick to your system. Don´t change anything. If you can learn to keep your trades small when your account increases to 5 and 6 figures, you will have arrived at the promised land.

Cable Update (GBPUSD)

Great work Moty !!! You are calling them with pin point accuracy. Do you mind sharing your Daily/Weekly support/resistance indi? I like the way it looks on your chart. Thanks.

Cable Update (GBPUSD)

I don´t know if you are talking about me... Here is what I said on August 20 when GU was over 1.32 and climbing. url

Cable Update (GBPUSD)

Let´s play another game, see who comes closest: Today´s close for GBPUSD? My call is 1.3005

Cable Update (GBPUSD)