Thanks for the help shahab. i read that confluence post. I understand most of it except that formula thing you used lol. Anyway, lets say we have price rising to a previous support turned resistance area which has confluence with weekley/daily pivot ...

Weekly COT report Analysis + Trade Ideas

Extremely Accurate !

Weekly COT report Analysis + Trade Ideas

thanks for the help shahab and dhb. But what i was wondering was when price was reaching that resistance area from below how would we determine whether to set a pending short or or long order ? Or do we just wait to see what happens at that level ...

Weekly COT report Analysis + Trade Ideas

Shahab, just wondering if i can get your advice on how i could of potentially played this setup. AUD/USD 4hr - price reached support/resistance zone. Question is, how would we determine wether to go short of long at the zone. Looking at it now price ...

Weekly COT report Analysis + Trade Ideas

Hi, Im new to price action and im just looking for some help on this pinbar that just developed on the USD CHF. The pin itself looks quite good to me, quite a long nose and closed within the 'eye' of the previous candle. But it doesnt really hit any ...

james16 Chart Thread

Thanks for the links. will be watching these later today

Weekly COT report Analysis + Trade Ideas

thanks for the help guys, appreciate it

Weekly COT report Analysis + Trade Ideas

Shahab, whats your opinion ?

Weekly COT report Analysis + Trade Ideas

Thanks for the reply DHB. Appreciate the help. Let me see if i've got this right - Pairs like USD/XXX in Forex are the other way round in COT report. But pairs like XXX/USD e.g G/U in Fx are the same way in COT. So if COT says non-commercials are ...

Weekly COT report Analysis + Trade Ideas

what do you guys think of this. USD/CHF ? A Pinbar has formed at the First resitance level. image Edit: According to this: url the last COT report shows large traders are currently net long on CHF. Does this mean we could see CHF drop further ?

Weekly COT report Analysis + Trade Ideas

What is the typical risk/reward ratio you look for in a trade ? Also how do you dertermine your stop losses ? do you just use previous swing high/lows ?

Weekly COT report Analysis + Trade Ideas

Which indicator ?

Weekly COT report Analysis + Trade Ideas

thanks for the explanation blackstone. im going to look further into these patterns.

Weekly COT report Analysis + Trade Ideas

impressive harmonic patterns blackstone . im reading up about harmonic patterns but i cant find out why they actually work. whats the idea behind these ABCD, Gartley etc patterns ?

Weekly COT report Analysis + Trade Ideas

Hi blackstone, yeah ive been going through the thread on babypips, still trying to fully understand how to draw them correctly. Do you use the very first swing high/low after XA as B and then the next swing high/low after B as C. ? ... I had a look ...

Weekly COT report Analysis + Trade Ideas

Have a look at the thread i mentioned on babypips .. there are plenty of these patterns on the 60 min charts (the way TMB draws them anyway). He uses the first swing after XA as B and the next swing as C. Check his video tutorial on youtube.

Weekly COT report Analysis + Trade Ideas

no problem ... the thread is called '30 pips a day keeps your money at bay' Dan

Weekly COT report Analysis + Trade Ideas

Blackstone, I see you like the Gartley, ABCD, Butterfly patterns. Have you heard of a guy on Babypips called TMoneyBags ? He's got a long thread on how he trades just these patterns just like you and is very profitable. check out his thread, just ...

Weekly COT report Analysis + Trade Ideas

Thanks for these charts. really helps us newbies out. Sorry what does ATR stand for ? What are you opinions about the G/U chart i posted a page back ? Valid / Invalid ? Also i sent you a PM check it out when you get a spare min

Weekly COT report Analysis + Trade Ideas

GBPUSD ? Im new at this lol image

Weekly COT report Analysis + Trade Ideas