EURUSD is forming a triangle pattern. It's bidirectional. More likely to go up again if remains above 1.2150.

Weekly COT report Analysis + Trade Ideas

It looks like an impulsive move, not sure if it's wave C. There is a chance it's wave 3.

Cable Update (GBPUSD)

GBPUSD, it looks like an impulsive move. It can be wave C as a corrective wave structure, but there is a chance it's wave 3.

Weekly COT report Analysis + Trade Ideas

I think this trade is the cherry on the cake. We shorted it when everyone else wanted to go long. We can wrap up a very successful trading year.

Weekly COT report Analysis + Trade Ideas

EURUSD, short trade from 1.2250, added more @ 1.22.

Weekly COT report Analysis + Trade Ideas

Well done M. Happy Holidays!

Weekly COT report Analysis + Trade Ideas

Trading based on confluence levels works on any financial instrument. Look at this crude chart for example.

Weekly COT report Analysis + Trade Ideas

We should lighten up or wrap up the trades in general.

Weekly COT report Analysis + Trade Ideas

Or we can wait for the gap to be filled and short 13600-13700

Weekly COT report Analysis + Trade Ideas

SPX, that box and 3700 provided repeated short trades.

Weekly COT report Analysis + Trade Ideas

It may be difficult to get through 1.3450 and 1.35. I think GU may roll over again.

Cable Update (GBPUSD)

Also UCAD 1.2875/50, NU 0.7075/0.71, and UCHF short 0.89. I like GU short 1.3450, but it may not get there.

Weekly COT report Analysis + Trade Ideas

USDCAD

Weekly COT report Analysis + Trade Ideas

EU 1.22

Weekly COT report Analysis + Trade Ideas

GU upside might be limited.

Weekly COT report Analysis + Trade Ideas

NZDUSD

Weekly COT report Analysis + Trade Ideas

AUDUSD

Weekly COT report Analysis + Trade Ideas

USDJPY, levels to watch.

Weekly COT report Analysis + Trade Ideas

I exited UCAD. I'll be looking to reload again. I'm holding USDCHF long.

Weekly COT report Analysis + Trade Ideas

GBPUSD long trade. Possible levels.

Weekly COT report Analysis + Trade Ideas