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Catching monster waves during recessions
Started Jul 13, 2022|Trading Discussion|5 replies
How nice would it be to make 2,000 pips in one trade? There's a way to catching monster waves ...
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MrAnonymous replied Jul 10, 2022This cot stochastics indicator is massively oversold with a reading of 0%. That's the minimum. Not only does the main trend in WTI go up until Q2 2023, but the cot stochastics indicator is bullish for the current week. buy stop at 105.563
WTI Crude Oil Trading
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MrAnonymous replied Jul 10, 2022It's a bit too early for me to trade GBPUSD. Obviously, the long-term trend is down and continues to be down until Q2 2023. The reason why I'm not touching this pair is the current cot stochastics indicator. Its reading is at a 62% level so not yet ...
Cable Update (GBPUSD)
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MrAnonymous replied Jul 10, 2022I suggest people to wait and don't trade EUR/USD in the next week due to the cot stochastics indicator that I calculated. It shows a reading of -23%. -100% is oversold, 100% is overbought. And we are no way near the 100% of a clear downward trend. ...
EURUSD only
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MrAnonymous replied Jul 8, 2022On July 12th and 13th Natural Gas should be dropping hard because it's getting much warmer in Germany. Supply is bigger than demand amid Natural Gas price drops.
Nat Gas anyone?
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MrAnonymous replied Jul 5, 2022GBPJPY is bearish on the 1 minute chart for more than 4 and a half hours. The reason lays in the long tail of yields. UK's 10 and 30 year yields are down and Japan's 10 and 30 year yields are up. This resulted in a 150 pip bearish move.
GBP/JPY
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MrAnonymous replied Jul 1, 2022Commercials see strength in Euro for the next week and weakness in GBP. Thus I'm long EURGBP. See attached images. Have a nice weekend.
EUR/GBP - What a great pair to trade!
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MrAnonymous replied Jun 27, 2022I couldn't resist buying EURCAD and the market rewards me with 60+ pips.
EUR/CAD
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MrAnonymous replied Jun 26, 2022I must change my mind. This currency pair will just range for the next week. It makes more sense to focus on other pairs for the next week. Thanks for your input!
EUR/CAD
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MrAnonymous replied Jun 26, 2022Long EUR/NZD due to some Euro strength and NZD's weakness both in COT Index and Movement Index. Buys are 1.67167 or 1.66471, ISL 1.66193, TP 1.69427
EURNZD
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MrAnonymous replied Jun 25, 2022Euro gains some strength for the next week whereas the Canadian Dollar weakens. Overall, I'm long EUR/CAD for the next week. I put my buy limit at 1,35969. TP is at 1,373.
EUR/CAD
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MrAnonymous replied Jun 18, 2022Using data works better in identifying strength or weakness in a currency than comparing the history of visual charts. What data do I mean? Use COT data, there are cheap video courses on COT data (Commitment of Traders) and in the categories focus ...
A question about currency strength
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MrAnonymous replied Jun 18, 2022For H4 entries: Buy stop: 1.06146 ISL: 1.055 TP: 1.08435 Euro is less short, USD is weaker within the next week.
EURUSD
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MrAnonymous replied Jun 18, 2022You should subscribe to this thread as I did. url
How can you track the "smart money”
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MrAnonymous replied Jun 18, 2022For swing traders: buy 1.59318, TP 1.60711. edit: ISL 1.58181
GBPCAD
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MrAnonymous replied Jun 17, 2022The euro should trade sideways/trend is near end. CAD is very bearish. Overall this should trade higher within the uptrending channel.
EUR/CAD