Overall we see a Flip in COT Data. If News beeing Hawkish today theres high chance of the EUR keep running My plan for now on is a long trade on EURUSD, important to wait for news and see Hawkish outcome. If Dovish probability of EUR seeing more PA to downside is higher and i would more focus on a long entry around 1,06-1,05 area.
COT DATA and PA shows the same direction for USDCAD, there is possibility to turn long at 1.2718 but we might just see a little long impulse and then keep dropping. Overall Target is 1.2645 If price holds below 1.275 after hitting Target we could continue to 2. Target = 1.24571 Please Manage Risk
My overall trading plan for FOMC news is mainly a short trade on XAUUSD, i would change my bias to long if we get a spike to 1855 and holding above to run further till 1861, 1865 and 1874. Right now my bias tells me short, and im expecting a fakeout into 1855 area + price dumping all the way down till 1830 or 1824 after. If price runs into 1855 Zone and creates...
We see very bullish PA on EURCAD, with the next Breakout combined with NEWS we could anticcipate, price pushing to 1.3784 and more. 1.37 Zone has been secured by Banks for a long time now, COT Data shows theyre building up Long positions and so could drive price to Open Long Hedge Position and further. Safer way is to wait for 1H close above Breakout lvl (around...
XAUUSD looking Bullish to test that 1865,5 again, if it holds above this lvl - price could continue to fill 1874,5 lvl and clear Hedges there. Be careful while FED news and manage risk
Based on Outlooks and COT DATA, JPY has bullish forcast. Planning to build up short position with main target 131.6 and best case target 124.4 Please manage risk
Banks has a lot of Long Hedges Open on these tickers, they have been overall short the last 1,5 years. Now in March they began to close their first Long Hedge position. Question right now is, did they build up big position yet for the longside, or they just sold their long Hedge and want price to go down further. If we hold the lows of 0,59 here - no weekly close...
After price tested 2200$ mark, which was an open short Hedge position of big ppl. price rejected the previous secure zone of this Short Hedge, = around 3200$ This rejection around 3200$ tells us that Institutions caught heavy short positions above 3200$ and didnt closed them yet bc they still secured 3200$ mark. Right now Institutions have a last Long Hedge...
BTCUSDT on its way to make a leg up back to 50,5K Alltogether we´re still in a Downtrend until price clears Liquidity at 35-33K I´ll Swing Long until 50,5 K and will try to Hedge Short from 50,5K back to 35K I have buy limit orders set at 41,35K and 39,7K // Risking 37,35K // Targeting 50,5K
Price is overall still in a consolidation from December 2021. Beginning 2022 we hit the extremes of last months consolidation and we´re right now at a Key level to trade back into the Consolidations Liqudiity point of December. Small Risk Trade R to R is 1 : 6,2 // price could also go up one more time to close above the Key level, if this happens ill´Stop out...
USOIL is consolidating since almost 2015, now we are at the next Key LVL of the consolidation extremes, which will bring price down back to 52,45$ TA shows that Downtrend is already confirmed and we do not break the high of 85,39 anymore. I´ll short every spike above 81,34$ / Risking 85,40$ / Targeting 52,45$ Aiming for a 1 : 7,14 R to R or better. When we hit...