Self-sufficiency is the greatest of all wealth. - Epicurus
- Joined Sep 2015 | Status: ob-la-di, ob-la-da, life goes on... | 4,001 Posts
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
Forex smart money concepts 96 replies
Price Action & Fundamentals with Smart Money 79 replies
Discussion about Smart Money 1 reply
Trading Smart Money 2 replies
Disliked{quote} hello mate check that : www.mql5.com/en/code/16767 The guy made a good indicator out of COT report, using plenty of different datas It can help you a lotIgnored
DislikedAnyone else expecting a fall in the NZD ? Commercials reduced their net positioning at an abnormally large rate during December while Asset-Managers currently hold gross long positions 3STD above average . Other notable features being that around mid December, Leveraged Funds removed a sizable number of gross short positions but have added back roughly %50% of them since then while on the other hand it looks like Asset manager short removal is dialing down as well.Ignored
Disliked{quote} I can't respond in your journal thread so I'll respond here instead. I don't think your graphs show what you think they do. How did you calculate the values? "If we look at the first half of the chart (until the spike near 2000), money managers were not really involved in buying gold, while they should have bought a lot to make decent cash. The first few spikes in longs positioning didn't lead to any rally in gold, it lead to profit taking or dips. The rally towards 2000 happened when money managers were very low on longs (below 10%, mostly...Ignored
Disliked{quote} I can't respond in your journal thread so I'll respond here instead. I don't think your graphs show what you think they do. How did you calculate the values? "If we look at the first half of the chart (until the spike near 2000), money managers were not really involved in buying gold, while they should have bought a lot to make decent cash. The first few spikes in longs positioning didn't lead to any rally in gold, it lead to profit taking or dips. The rally towards 2000 happened when money managers were very low on longs (below 10%, mostly...Ignored
Disliked{quote} Well, I like to think so! I started programming to take my investing to the next level. R has been an awesome tool, it's almost like it was made specifically for finance. {quote} Not yet, but I am pretty excited about comparing COT between different asset classes. I'll see if I can whip up a correlation matrix tonight. {quote} Thanks, I'll see what I can come up with. {quote} That sounds like a good idea to me, but outside the scope of COT. I'm just scratching the surface of COT so I'm going to see what else I can find...Ignored
Disliked#1 - Cocoa - Large Specs Net positions. These guys are the fuel for trending markets. We follow them in Bull markets. When they fail to make higher highs with the trend it is a signal at a top that they have exhausted all their buying. This is a Bearish signal. #2 - Big injection of Commercial Shorts ( Producers ) this week. They like selling at this inflated price #3 - Turns out its the Index Traders responsible for the rally ( Swap Dealers / Funds ) They are mostly wrong at tops {image} {image} {image}Ignored
DislikedWell, in fact, many brokers recommend certain systems, which imply that you focus on the performance of other traders before making a decision, but in my opinion this can be useful only at the very early stages when you are just starting to learn what trading is and what to do with it. In fact, to learn how to trade it will be absolutely not enough. Besides, you can just get used to the fact that you have some guidelines and basically you can not think about what to do and just copy someone's actions. This is not trading, it's a complete nonsense...Ignored