Mike_McCarthy

Mike_McCarthy

EUR/CHF 1/29/2021 11:50 SCALP Fundamental/Sentimental News Events: A lot of smaller events going on, but none that should effect price too much. Regardless, friday volatility is right around the corner. Market Sentiment: Bullish sentiment Technical Time Frame Analysis: Monthly: Buyers breaking out of an uptrend with a building momentum in power Conversely,...

Mike_McCarthy

Late again, had this set up earlier before it went through but adding it to my collection anyway so I can look back at it someday

Mike_McCarthy

I know I'm too late but I already had this set-up and I forgot to publish it. Just need to add this to my collection

Mike_McCarthy

NZD/CHF 1/27/2021 14:05 DAYTRADE Fundamental/Sentimental News Events: No important events Market Sentiment: Mixed Technical Time Frame Analysis: Reason for Trade: Indicators: Entry Order: Position: RR:

Mike_McCarthy

NZD/CHF 1/27/2021 14:05 SCALP Fundamental/Sentimental News Events: No important events Market Sentiment: Mixed Technical Time Frame Analysis: Reason for Trade: Indicators: Entry Order: Position: RR:

Mike_McCarthy

USD/JPY 1/27/2021 13:30 DAYTRADE/SCALP Fundamental/Sentimental News Events: Low impact news that would justify shorts for today, tomorrow's events could definitely follow with massive volatile moves to the upside. Market Sentiment: Mixed pretty much, slightly bullish Technical Time Frame Analysis: Monthly: On quite a consistant downtrend in between two...

Mike_McCarthy

NZD/JPY 1/27/2021 12:30 DAYTRADE Fundamental/Sentimental News Events: No events that are expected to move price action significantly Market Sentiment: Bearish Technical Time Frame Analysis: Monthly about to close on an exhaustive note New uptrend springing out of a down trend Impulse has yet to see a correction and a structural level at the previous high of the...

Mike_McCarthy

AUD/CHF 1/26/2021 17:55 Day trade Fundamental/Sentimental News Events: CPI. Moves expected today Market Sentiment: Mixed Technical Time Frame Analysis: Larger time frames show price will likely see a correction here soon 4H: Time is moving bouncing between certain levels 1H: Price is consolidating quite a lot, 50% is barely holding its weight. Reason for Trade:...

Mike_McCarthy

NZD/JPY 1/26/2021 16:30 DAYTRADE Fundamental/Sentimental News Events: News events too far away to affect price within the lifespan of the order. Market Sentiment: Technical Time Frame Analysis: Reason for Trade: Exhaustion on an impulse at a resisting trend, strong 61.8 structure and a supporting trend seemed like a good landing spot for price. Indicators: RSI...

Mike_McCarthy

AUD/CAD 1/26/2021 16:05 DAYTRADE Fundamental/Sentimental Cot: Hedge funds have such little correlation that it is pointless to even use this data. News and Events: CPI Technical Time Frame Analysis: Monthly: previous candles indicate accelarative increase in buyers Shooting star candle, wick needs to be filled Weekly: Daily: 4H: Trend, upwards, has not retested...

Mike_McCarthy

USD/JPY 1/25/2021 20:30 Fundamental/Sentimental Cot: There is nearly no correlation at all with funds on the side of the Yen and price action. News and Events: Hectic events on the 27th regarding GDP expected to move the market. Likely negative which means good for the Yen Technical Time Frame Analysis: Monthly: Buyers have maintained control but their shorts are...

Mike_McCarthy

CAD/JPY 1/25/2021 17:05 REPOST Fundamental/Sentimental Cot: Hedge funds follow price action somewhat loosely, some time preceding and at other times lagging. Both sides seem to bear the same effect on price. Currently, funds have taken an extremely overall long position which is relatively massive. Likely, all they could use was used for whatever reason, and...

Mike_McCarthy

AUJ/JPY 1/25/2021 19:30 Fundamental/Sentimental Cot: Correlation with hedge funds seems to be there but very inconsistent. The Japanese Yen is the only one that moves price sometimes preceding, the Australians are a joke and they always lag behind, sometimes far too late. These banks change their positions so frequently, it’s hard to say but some likeliness more...

Mike_McCarthy

BTC/USD 1/24/2021 11:05 CRYPTO WEEKENDS Fundamental/Sentimental Cot: COT Data has some correlation with BTC but not much, but it still begs the question, where do Whales come from? The banks? No, unfortunately we cannot rely on COT data for the most part, even banks cannot predict BTC according to the correlation between price and fund positions as right now...

Mike_McCarthy

GBP/JPY 1/22/2021 2:05 NO TRADE Fundamental/Sentimental Cot: Price action is mostly influenced by funds coming from the Japanese Yen but price action reacts loosely, delays and such. Maybe a few longs are still entering the market but funds could have easily changed directions. Longs followed by shorts possible News and Events: No upcoming events for the...

Mike_McCarthy

AUD/NZD 1/21/2021 20:05 Fundamental/Sentimental Cot: Very little correlation between any funds what so over, but I would say both have about the same control over price action’s movements. However, both funds have added massive longs, price action has yet to reflect this even the slightest. News and Events: Inflation related news on the 26th that is likely to move...

Mike_McCarthy

GBP/CHF 1/21/2021 17:30 Fundamental/Sentimental Cot: Price action follows hedge funds with some delay and is only affected by the funds on the side of the Swissy. Some delays, inconsistent. Currently, both currencies have longs being added to them, price action has yet to fully reflect those positions. Good indicator of buyers market to be reflected on price...

Mike_McCarthy

EUR/CAD 1/20/2021 19: Fundamental/Sentimental Cot: COT Seems to be only effected by the European hedge funds. Even the strongest of the funds in the Canadian market seem to have minimal effect on price action. Net funds are starting to show a crossover with price action, which last time preceded a reversal. News and Events: Monetary Policy statements London...