The weekly chart suggests it could spike higher before the C-R-A-S-H !!! Get ready bulls - you're gonna get CLOBBERED soon !!!

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I like to look for a 12 month extreme COT reading then start looking for a sell/buy signal. That time is NOW.

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You are absolutely correct. The COT is not a trading system. Its only an early warning of things to come. Sometimes its several months early and sometimes only a few weeks early, sometimes only days. You must follow your own trading system. BUT, you ...

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This is the BENNY bull market. Benny made my silver and gold BLAST OFF. Thankyou Benny. The Benny bull works quite well in the AUD/USD - prices are near the top of the monthly 21 MAC channel which stands @ 10640. Will it hold or break above the ...

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Yes. it is a nice big trading range. Thats why I said its a range traders paradise.

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No problem DB. I just dish it right back. Don't take that personally, either.

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The problem is the USD and the AUD are both going to TANK. Look at the commercials (red line). The place where tops are made. Extreme net short. The USD has already started south. Every time you see the commercials that heavily short - the market ...

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The bear cycle influence has come and gone. Its not a factor now. Now we got a HUGE bearish COT setup to contend with. May not happen today, tomorrow, or even next week or maybe even the week after that, BUT the aussie is gonna T-A-N-K !!! Mark it ...

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Looks like that cycle got in your way. Hahaha, better pay attention next time.

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Horse sh*t, DB. The seasonal/cycle worked like clock work. Next major bear cycle is scheduled for the first three weeks of november. Now don't be a 'Johnny come lately' after the bear move is over and starting crap. Look at the charts - august was a ...

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Sideways MARKET — The trend is sideways. Been that way for over a year. Range bound trading paradise. Up and down and going nowhere specifically.

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FUDGE - can mean just about anything. Oh FUDGE, I just spilled my coffee.

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Here's an old outdated chart of Jake Bernsteins DSI (Daily Sentiment Index) You can plainly see it can be a valuable tool.

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I wish the forex brokers would provide a market sentiment indicator. What a great way for the contrarians to 'fade' the retailers !!!

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Thats true 'to an extent'. When commercials reach a 12 month extreme its time to pay attention. Even in the currencies. After all, the BIGGEST GUNS of all are the commercials. They don't speculate. Market sentiment is one of the best indicators of ...

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Its on just the aussie without the US dollar in the mix. (Australian dollar futures)............. Here's the caveat : the US dollar index COT is also extreme bearish by the commercials too. Might skew the AUD/USD pair as they both head south. ...

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Sure looks like the bulls are headed for disaster. Could be a few more weeks though. Never know for sure until the "boom-ba-da-boom splash boing" !!! (Another look at the COT)

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One thing nice about COT - it gives you plenty of time to prepare.

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Now that there aint good !!!

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Thanx irfandbl - everybody likes that ball reader guru you post. Very good !!!

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