COT Report Analysis:
We can see large longs closing signaling continuation of the downtrend. So we should be looking only for the short on the runs on to the CLS highs. If you draw long term Chanel lows are at 0.785 where I think price is heading.
/b]
Hey what up traders welcome to the COT data and Liquidity report. This is a big part of my FX Trading. Im always trying to trade with the Big players so knowing their positions is good thing.
Please be aware that institutions report data to the SEC on Tuesdays and data are reported on Fridays - so again we as retail traders have disadvantage, but there is possibility to read between the lines. Remember in the report is what they want you to see, that's why mostly price reverse on Wednesday after the report so their cards are hidden as long as possible. However if the trend is running you can read it and use for your advantage.
I created this simple free indicator which you can find in the my scripts. It's highlighting the day of the real report - Tuesday.
Here is the tip if the level has confluence with the high volume on COT it can be strong support / Resistance.
Analysis done on the Tradenation Charts
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
"Adapt what is useful, reject what is useless, and add what is specifically your own."
We can see large longs closing signaling continuation of the downtrend. So we should be looking only for the short on the runs on to the CLS highs. If you draw long term Chanel lows are at 0.785 where I think price is heading.
/b]
Hey what up traders welcome to the COT data and Liquidity report. This is a big part of my FX Trading. Im always trying to trade with the Big players so knowing their positions is good thing.
Please be aware that institutions report data to the SEC on Tuesdays and data are reported on Fridays - so again we as retail traders have disadvantage, but there is possibility to read between the lines. Remember in the report is what they want you to see, that's why mostly price reverse on Wednesday after the report so their cards are hidden as long as possible. However if the trend is running you can read it and use for your advantage.
I created this simple free indicator which you can find in the my scripts. It's highlighting the day of the real report - Tuesday.
Here is the tip if the level has confluence with the high volume on COT it can be strong support / Resistance.
Analysis done on the Tradenation Charts
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
"Adapt what is useful, reject what is useless, and add what is specifically your own."
I teach a unique CLS Market approach. and provide a highly accurate signals.
🛡️ Websites: linktr.ee/davidperk
🛡️ Telegram: shorturl.at/Whyqe
🛡️ Results: bit.ly/4kNdLQ3
🛡️ Websites: linktr.ee/davidperk
🛡️ Telegram: shorturl.at/Whyqe
🛡️ Results: bit.ly/4kNdLQ3
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
I teach a unique CLS Market approach. and provide a highly accurate signals.
🛡️ Websites: linktr.ee/davidperk
🛡️ Telegram: shorturl.at/Whyqe
🛡️ Results: bit.ly/4kNdLQ3
🛡️ Websites: linktr.ee/davidperk
🛡️ Telegram: shorturl.at/Whyqe
🛡️ Results: bit.ly/4kNdLQ3
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。