Tuesday, July 28, 2020

CAD/JPY Evaluation of Forecast for the Month of July 2020





Candlestick Set-up for uptrend. We're waiting for bullish engulfing pattern, V formation, or Hammer candlestick pattern for upward trend of candlestick. This 23 July 2020 as we forecast the trend hit the ceiling threshold of range from 79.187 to 79.626 breakout but after hitting 80.12 price level it revert back down to ceiling. At present 28 July 2020 01:05 PHT it's down to price level 78.69, with a tendency to go down further hitting the floor threshold of from 78.36 to 77.99 possible for breakdown this week, if not next week.

Timeframe: D1

Indicators Used: Rectangle, Trend Lines (Triangle Wedge), and Fibonacci

Disclaimer: Trading currency and commodity futures are risky. Trade at your own risk.

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Coaching: Personal trade coaching is available with an actual price of Php80,000.00 which now value for only Php999.00 for coaching session.

AUD/USD Evaluation of Forecast for the Month of July 2020


Candlestick Set-up for uptrend. We're waiting for bullish engulfing pattern, V formation, or Hammer candlestick pattern for upward trend of candlestick. This July 22, 2020 as we forecast the trend hit the ceiling threshold of 0.69954 to 0.70633 breakout with 1876 pips after hitting the price level of 0.71817. At present 28 July 2020 12:00 PHT it's on sideways at price level 0.71373.

Timeframe: D1

Indicators Used: Rectangle, Trend Lines, and Fibonacci

Disclaimer: This trading signal is not accurate due to Market fluctuations. Trading currency and commodity futures are risky. Trade at your own risk.

Telegram: Subscribe if you want to receive weekly trading signal.

Coaching: Personal trade coaching is available with an actual price of Php80,000.00 which now value for only Php999.00 for coaching session.

Monday, July 27, 2020

Commitment of Traders as of 21 July 2020

The Commodity Futures Trading Commission is the one who gathers all information and regulates the trading for both currencies and commodities in the U.S. They usually release data every Friday which includes the latest data from previous Tuesdays. The Commodity Exchange Act regulates the trading of commodity futures in the United States. Passed in 1936, it has been amended several times since then. The CEA establishes the statutory framework under which the CFTC operates. Under this Act, the CFTC has the authority to establish regulations that are published in title 17 of the Code of Federal Regulations.

Commitment of Traders gives us also a blueprint where will market may lead. So what I did is, I usually download data every Saturday due to time difference between U.S. time and Philippine time, and add the long and short positions of non-commercial, commercial, and nonreportable positions. Then I convert those into percentages.


COT Report                *Average
As of 21Jul20         Long        Short
CAD 52.67% 47.33%
CHF 54.09% 45.91%
GBP 47.81% 52.19%
JPY 53.68% 46.32%
EUR 58.98% 41.02%
NZD 51.86% 48.14%
AUD 50.25% 49.75%
USD 46.17% 53.83%
XAG 57.35% 42.65%
XAU 58.80% 41.20%



Long Short Position
USDJPY 53.83% 53.68% Buy
AUDUSD 50.25% 53.83% Buy
CADJPY 52.67% 53.68% Buy

* Average of Total Commercial, Non-Commercial and Non-Reportable

Source: https://www.cftc.gov/

Disclaimer: This trading signal through COT may or may not be accurate due to late reporting, trade at your own risk. Trading currency and commodity futures are risky. Trade at your own risk.

Telegram: Subscribe if you want to receive weekly trading signal.

Coaching: Personal trade coaching is available with an actual price of Php80,000.00 which now value for only Php999.00 for coaching session.


Saturday, July 18, 2020

Commitment of Traders as of 07 July 2020




Raw data which you can see after they release it every Fridays

The Commodity Futures Trading Commission is the one who gathers all information and regulates the trading for both currencies and commodities in the U.S. They usually release data every Friday which includes the latest data from previous Tuesdays. The Commodity Exchange Act regulates the trading of commodity futures in the United States. Passed in 1936, it has been amended several times since then. The CEA establishes the statutory framework under which the CFTC operates. Under this Act, the CFTC has the authority to establish regulations that are published in title 17 of the Code of Federal Regulations.

Commitment of Traders gives us also a blueprint where will market may lead. So what I did is, I usually download data every Saturday due to time difference between U.S. time and Philippine time, and add the long and short positions of non-commercial, commercial, and nonreportable positions. Then I convert those into percentages.

Here's the Percentage Position of Each Currencies as of July 07, 2020

COT Report     *C/NonC %        Nonreportable %
As of 07Jul20
    Long   Short        Long        Short
CAD 50.28%  49.72% 48.94% 51.06%
CHF 45.22% 54.78% 60.94% 39.06%
GBP 51.63% 48.37% 39.52% 60.48%
JPY 49.78% 50.22% 51.16% 48.84%
EUR 47.57% 52.43% 70.46% 29.54%
NZD 50.53% 49.47% 46.04% 53.96%
AUD 49.26% 50.74% 53.14% 46.86%
USD 50.65% 49.35% 45.19% 54.81%
*XAG 47.54% 52.46% 69.39% 30.61%
*XAU 48.33% 51.67% 69.29% 30.71%
 
*XAU          = Gold
* XAG         = Silver
* C/NonC% = Commercial and Non-Commercial %

Source: https://www.cftc.gov/

Disclaimer: Trading currency and commodity futures are risky. Trade at your own risk.

Telegram: Subscribe if you want to receive weekly trading signal.

Coaching: Personal trade coaching is available with an actual price of Php80,000.00 which now value for only Php999.00 for coaching session.

AUD/USD Forecast Movement the month of July 2020




Candlestick Set-up for uptrend. We're waiting for bullish engulfing pattern, V formation, or Hammer candlestick pattern for upward trend of candlestick. For the last 13 trading days the trend is on sideways. On the uptrend it needs to break the price range from 0.69954 to 0.70600 breakout.

Candlestick Set-up for downtrend. We're waiting for bearish engulfing, Inverse V formation, or Shooting Star candlestick pattern for downward trend of candlestick. For the last 13 days the trend is on sideways. On the downtrend it needs to break the price range from 0.68537 to 0.67671 breakdown.

Sideways Ranges. Price ranges from down to up and vise versa were 0.68537 to 0.70600 averaging to 2063 pips. If you will trade in ranging trend, please be careful, there's a tendency that trend may breakout or breakdown and you're capital will be wiped out! So it is important to always put Stop Loss and Take Profit.

Timeframe: D1

Indicators Used: Rectangle, Trend Lines, and Fibonacci

Disclaimer: Trading currency and commodity futures are risky. Trade at your own risk.

Telegram: Subscribe if you want to receive weekly trading signal.

Coaching: Personal trade coaching is available with an actual price of Php80,000.00 which now value for only Php999.00 for coaching session.


CAD/JPY Forecast Movement the month of July 2020




Candlestick Set-up for uptrend. We're waiting for bullish engulfing pattern, V formation, or Hammer candlestick pattern for upward trend of candlestick. For the last 13 trading days the trend is on sideways. On the uptrend it needs to break the price range from 79.187 to 79.626 breakout.

Candlestick Set-up for downtrend. We're waiting for bearish engulfing, Inverse V formation, or Shooting Star candlestick pattern for downward trend of candlestick. For the last 13 days the trend is on sideways. On the downtrend it needs to break the price range from 78.363 to 77.993 breakdown.

Sideways Ranges. Price ranges from down to up and vise versa were 78.363 to 79.626 averaging to 1260 pips. If you will trade in ranging trend, please be careful, there's a tendency that trend may breakout or breakdown and you're capital will be wiped out! So it is important to always put Stop Loss and Take Profit.

Timeframe: D1

Indicators Used: Rectangle, Trend Lines (Triangle Wedge), and Fibonacci

Disclaimer: Trading currency and commodity futures are risky. Trade at your own risk.

Telegram: Subscribe if you want to receive weekly trading signal.

Coaching: Personal trade coaching is available with an actual price of Php80,000.00 which now value for only Php999.00 for coaching session.




Disclaimer

RISKS ASSOCIATED WITH FOREX TRADING


Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Investments in foreign exchange speculation may also be susceptible to sharp rises and falls as the relevant market values fluctuate. The leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment. It is for this reason that when speculating in such markets it is advisable to use only risk capital.

Risk Disclaimer for Forex Trading

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Benefits and Risks of Leverage

Leverage allows traders the ability to enter into a position worth many times the account value with a relatively small amount of money. This leverage can work with you as well as against you. Even though the Forex market offers traders the ability to use a high degree of leverage, trading with high leverage may increase the losses suffered. Please use caution when using leverage in trading or investing.

Hypothetical Results Disclaimer

THE RESULTS FOUND ON THIS GROUP ARE BASED ON SIMULATED OR HYPOTHETICAL PERFORMANCE RESULTS THAT HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE THE RESULTS SHOWN IN AN ACTUAL PERFORMANCE RECORD, THESE RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, BECAUSE THESE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THESE RESULTS MAY HAVE UNDER-OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED OR HYPOTHETICAL TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THESE BEING SHOWN.

The information that may be presented is based on simulated trading using systems and education shared by our group. Simulated results do not represent actual trading. Please note that simulated trading results may or may not have been back-tested for accuracy and that spreads/commissions are not taken into account when preparing hypothetical results.

No representation is being made that any account will or is likely to achieve profits or losses similar to those that may be shown. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown.

RISKS ASSOCIATED WITH FUTURES CURRENCY AND COMMODITY TRADING

Futures involve substantial risk and are not suitable for all investors. Futures investors may lose the entire amount of their investment in a relatively short period of time. It is possible to owe more than you have invested in your broker's account. Please be aware of your broker’s requirements for trading futures before you decide to invest in the futures market you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a substantial loss which could total more than your initial investment in a short period of time. Therefore you should not invest money that you cannot afford to lose. If you have any questions or concerns regarding the risks associated with futures trading, you should confer with a trusted and reliable independent financial advisor. None of the information provided by our group constitutes a solicitation to trade any investment or security of any kind.

Our group or its personnel may or may not own positions and/or trade any securities that are the subject of the education and subsequent information we provide. Our group is not affiliated with nor do we have any relationship with any brokers that you may open an account with.

Past performance is not indicative of future results. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you and Our group. Testimonials as presented may not be representative of all reasonably comparative clients.

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