IN MEMORIAM KOBE AND GIANNA BRYANT.
Hello friends! Another crazy week of trading starting, with a tragic event of us losing Kobe and his daughter, this post is in memoriam. This week we have coronavirus as the main headline, but do not forget about Brexit “happening” this week. I separated some trades for you. Let see them?
BIG MOVERS
This table shows financial instruments that had a 15% change in its non-commercial net position from one week to another, so things that are gaining momentum and should give us opportunities to trade with a direction in mind.
COCOA – POSSIBLE TOP
This is one of the signals I like the most and already triggered a nice COCOA short trade for us. The signal is the same and in a similar market condition.
I am taking a short here expecting this to be a temporary Top, as cot data suggests. Risk Reward is pretty interesting and this is one trade you should take. You can check on second chart the positioning where price topped last time.
GBPCHF – RSI SELL SIGNAL
This is one pretty interesting because the market structure for a short has already formed and we are right now at the best point to enter on it.
Great risk reward too and I am also taking a short here.
From last weeks we had a marvelous run on NZDUSD, a super in time signal by cot tool, I really hope you took that position.
Also from last weeks, I have USDCHF that has not rallied yet, but for sure is going to happen, this positive carry trade big speculators cant resist it.
Last but not least EURGBP, will find a bid this week.
That’s it friends! I hope you can make some profit from my trading ideas. If you want to see the analysis for other pairs, just send me a message.
How I trade, from entry to management and exit is all communicated in private members group.
