G/Y looks prime for short at 134.96, it is bouncing off from Daily R1

No Brainer Trades

best thread for newbies to learn "How not to trade" Priceless education !!

The final Holy Grail

@desifxtrader, AFAIK, What commercials do is irreleavent to us (the retail traders). They generally take opposite position to large traders. They are banks and other financial services who provides foreign exchange to business and anyone who needs ...

Weekly COT report Analysis + Trade Ideas

one more thing, After you enter a trade, STOP LOOKING AT IT. Turn off the computer and come back in couple of hours. Worst thing you could do is to look at up/down movement of each tick. It will cloud your judgement and make you go nuts.

Nuggets O' Wisdom

When you think its time to enter, wait half an hour more !! (both personally and professionally)

Nuggets O' Wisdom

watch out for lower Dow close in last 1.5 hr, - will bring g/y lower

Weekly COT report Analysis + Trade Ideas

Looks like PA is ignoring all S/R levels today

Weekly COT report Analysis + Trade Ideas

What do you mean significant at top ? ? If you invert the chart you will get same chart with H/S on top, Correct ??

EURUSD

e/u long is better as its bouncing off support

Weekly COT report Analysis + Trade Ideas

Agree on long term, but right now its going back to .2300

EURUSD

long .2214, tp/sl 60 pips

EURUSD

Hi shahab08, U/J is approching R1 (.9154), currently at .9139 Do you think it is a good candidate for short at R1 ? Btw, thanks for the U/C shorts

Weekly COT report Analysis + Trade Ideas

U/Cad - looks like another oppurtunity to short at 1.0796 - approching daily R3 second time

Weekly COT report Analysis + Trade Ideas

E/U is struggling at S2, .2197, Retracement to 2300 is possible

EURUSD

Fullhouse, Care to explain why to 137.40?

Auslanco - GBP/JPY and GBP/USD (newstrade)

Thanks a to Patience as well. I have a feeling that this thread is going to be meeting of great minds and a valuable place of learning and earning. Wish you all best of Pips.

Weekly COT report Analysis + Trade Ideas

You're welcome. Real thanks goes to shahab08 and Tuner for starting such a great thread. Hopefully, we all learn and make some pips together,

Weekly COT report Analysis + Trade Ideas

shahab08 or tuner, NZD/USD is approching S1 (.6829), looks like perfect short Comments ??

Weekly COT report Analysis + Trade Ideas

ok, Its definately heading to retest the R1

EUR/JPY Anytime!

sorry 114.50, The R1 My bad

EUR/JPY Anytime!