Analysis by COT report and technical methods.
Updated cot report,Total Long position changes is
-5746 and total short position changes is -10625.
Actual Total Long position changes by the sum of previous changes and new changes is -120499 and actual Total short position changes by the sum of previous changes and new changes is -119070.
To find Net,remove (-) from both changes and the difference of ATL-ATS is 1429.Positive means trend will up and negative value means trend will down.
COT report date is 29.11.22 but the release date is 2.12.22 so our trading period will start at 5.12.22.
Then set the period by previous cot release date back in chart to find HH,HL,LH and LL.
Look back to find these period by period.
For coming week to enter buy position at 1792.28 & 1794.4 and set take Profit at 1822.72 & 1827.31.
This is a first attempt trade for this coming week.
Second attempt is taking buy position at 1773.71 &
1778.28 and set take Profit at 1797.75 & 1803.04.
Stop Loss should be calculated by ur own risk.
My rules for the stop loss is calculated by my capital.E.g. if capital=$500,I risk 10% of $500,it is $50.stop loss is at 1% of $50 = $5.
Trading plan for this coming week 5.12.22 - 9.12.22.
First trade
Buy - 1792.28 & 1794.4
Stop Loss -. 1787.28. &. 1789.4
Take Profit. -. 1822.72. &. 1827.31
Second trade
Buy. -. 1773.71. &. 1778.28
Stop Loss. -. 1768.71. &. 1773.28
Take Profit. -. 1797.75. &. 1803.04
Bless u all.Happy December!
Updated cot report,Total Long position changes is
-5746 and total short position changes is -10625.
Actual Total Long position changes by the sum of previous changes and new changes is -120499 and actual Total short position changes by the sum of previous changes and new changes is -119070.
To find Net,remove (-) from both changes and the difference of ATL-ATS is 1429.Positive means trend will up and negative value means trend will down.
COT report date is 29.11.22 but the release date is 2.12.22 so our trading period will start at 5.12.22.
Then set the period by previous cot release date back in chart to find HH,HL,LH and LL.
Look back to find these period by period.
For coming week to enter buy position at 1792.28 & 1794.4 and set take Profit at 1822.72 & 1827.31.
This is a first attempt trade for this coming week.
Second attempt is taking buy position at 1773.71 &
1778.28 and set take Profit at 1797.75 & 1803.04.
Stop Loss should be calculated by ur own risk.
My rules for the stop loss is calculated by my capital.E.g. if capital=$500,I risk 10% of $500,it is $50.stop loss is at 1% of $50 = $5.
Trading plan for this coming week 5.12.22 - 9.12.22.
First trade
Buy - 1792.28 & 1794.4
Stop Loss -. 1787.28. &. 1789.4
Take Profit. -. 1822.72. &. 1827.31
Second trade
Buy. -. 1773.71. &. 1778.28
Stop Loss. -. 1768.71. &. 1773.28
Take Profit. -. 1797.75. &. 1803.04
Bless u all.Happy December!