The timing of commercials players trading Gasoline RBOB can be described as superb, with just one wrong signal since 2007. The COT Index possible bottom signal triggered this week, but before we jump in the trade there are some considerations of the actual scenario that need to be taken into account during our decision to take or not the trade. I just read two...
I already told, here in this blog, dozens of times how powerful this signal is. You can check here how and when it triggers. Checking the chart for gasoline rbob, you will see how effective this was last time it gets activated. This is the second week in a row we have this signal poping in the cot tool, and from the last signal to now the instrument already moved...
Pair also with a confluence of signals lets list them Stochastic Buy signal Possible Bottom Signals about to trigger. Check the trading plan and cot charts here: leohermoso.com
This pattern is one of the most powerful and reliable when it comes to COT Data. We calculate the six weeks rate of change of COT Index, we give this the name of Movement Index, and the signal is triggered when we have +-40 points! RULES: During a correction from an UPTREND, +40 points in the Movement Index often marks the end of a corrective pullback and the...
USDMXN – BULLISH BIAS Our Mexican boy has also triggered a signal that has high accuracy. This is the “Possible bottom” signal and it’s calculated using the COT Index. RULES: Possible Top: Cot index is moving out of a commercial selling climax zone Possible Bottom: Cot index is moving out of a commercial buying climax zone Buying climax zone is when the COT...
Cable(nickname for GBPUSD) is one of the big movers this week, this alone is sufficient to add to our alerts list and to what we do every week when a pair is trading the long side Buy Demand and Pullbacks on Supplies Zones But pound also has another bullish signal, The Commercials COT INDEX! Commercials just changed their bias to short, and you already know that...
DXY and USDCNH guards an interesting relationship and the pattern for this time of the year is happening again as the last year! USDCNH down from here and DXY much higher
Corn broke supply zone and its a good idea to get a long at the pullback! non-commercials are cutting shorts and commercials are adding shorts. Also, non-commercials are cutting shorts for bloomberg commodity index, and corn is in there. It's up from here
I have some strong evidence that orange juice has bottomed and we are starting a strong bullish trend, let’ go to the facts. First of all, we have non-commercials for the last 6 weeks taking profits in their shorts and this move has accelerated this week at the point that we got a COT signal to go long. The signal is triggered when the stochastics indicator...
This is is tricky but the BoJ is likely to set to bring further easing attempts – possibly rate cuts to help steepen Japan’s yield curve, as we all know rate cuts are stocks positive. Investors are forced to take risks to increase return, and in this particular case, they have to, because Japan has negative yields. We also see this week a possible de-escalation...
Ok Leo, do you want me to buy something that is already at a supply zone? That’s exactly what I am telling you to do, and why? Well mainly because big speculators, aka “smart money” just turn net long at this! Ok, so I just go long at the market? Not so fast, There’s a big supply zone one weekly and price will react from that point. So you can adopt two...
We discussed this a lot and I will just change my mind if a catastrophic event happens as Trump or Xi get killed, otherwise, I still think it's a matter of time to a major selloff. Tons of reasons to stay short! Big specs with record longs, low demand in Indian wedding festivals, price seasonality and an imminent trade deal with China. Staying short and add...
This pair will suffer a lot from trade talks, but speculators are extremely shorts and the easiest path is the upside, let's no play breakout, but buy demand zones with stops below the formation of the zone.
Big speculators keep shorts but they are unwinding their positions every week, that's the reason I think we should play long only, wait for demand zones and buy it!
USDJPY Leaving a major demand zone, also we have big speculators adding to long side, add to what we discussed on the forex weekly report about boj, we must play the demand zones and breaks of supplys!
Big speculators still adding to short side and they are far away from exhausting their selling capacity! Let's play all the supply zones!