Good day traders 👋
I dedicate this review to the big changings in COT positions of hedge funds in the Euro (6E), British Pound (6B), and Silver (SI).
Good evening traders ☀️
One week passed and today I see interesting ASK imbalances in such currencies as British Pound (6B), Canadian Dollar (6C), Mexican Peso (6M), and they can be realized as shorting opportunities during the next week. Also, I see BID imbalance and potential buying opportunity in Natural Gas (NG) if the price will fix above HFTs’.
I won’t take much time, I managed to talk about everything in 5 minutes
Good evening, traders!
Today observed all the assets, but exceptionally don’t see potential understandable scenarios 🤷♂️ Everything went on Thursday and Friday.
🔹 British pound this week showed us how amazing involvement in buys looks like. (Watch)
How long does it take for the pattern to be created and how quickly should a decision be made on it, — only 15 minutes after the formation of HFT volumes. So fast reaction from the market makers limit orders.
Our mind is rather inert and in good situations, he especially begins to hesitate “Can we wait a little more, maybe a little more to see what will be around the corner?” As a result, the next 15-minute candle already changes the risk-reward ratio by 2 times! Not in our favor...
An excellent quote by Linda Raschke fits here: “In trading, as in fencing, there are either quick or dead.”
Markets operations are based more on psychology than on fundamentals, says El Weiss in Jack Schwager's book “The New Market Wizards”. “Markets are completely based on human psychology, and by charting markets, you are only converting human psychology into graphical form.”
Good evening, traders! 👋
Today I decided to make a video market forecast highlighting situations in British Pound (6B), Aussi (6A), Coffee (KC), Crude and Brent Oil (CL, BR).
Also measured possible continuations of scenarios that I executed in my previous Sunday forecast.
This 11-minute video is for you today
Thank you very much for watching.
Have a good week!