Commitment of Traders as of 25 August 2020

 Commitment of Traders as of 25 August 2020

COT Report	Ave
As of 25Aug20	Long	Short
CAD	54.31%	45.69%
CHF	55.69%	44.31%
GBP	53.13%	46.87%
JPY	52.80%	47.20%
EUR	58.78%	41.22%
NZD	53.04%	46.96%
AUD	53.71%	46.29%
USD	50.15%	49.85%
XAG	59.08%	40.92%
XAU	61.87%	38.13%

All currencies are up from August 19-25, 2020, and reported on the 28th of August 2020, Friday.

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.
 
We'll see this week trading how many pips increase on your favorite Forex pairs from August 31-September 04, 2020. Happy trading!  

 

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

Telegram: Subscribe if you want to receive a 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.

 

Candlestick Patterns Wedges Triangles and Rectangles

Successful trading needs a sharp eye to see with your bare eye patterns to enter and exit the trade. Here are the following candle patterns that you need to be familiar with in order to trade using price action. Since indicators are not 100% reliable but it gives you a summary say for the next 30 days according to your period set up where the market going or its direction.

Candlesticks

 

 

 

 

Bullish Engulfing Pattern

Falling Three Methods Candlestick Pattern

 

 

 

 

 

 

 

 

 

Three White Soldiers Candlestick Pattern

 

 

Wedges and Triangles Patterns

Falling Wedge

Middle Wedge

Rising Wedge

 

Rectangles

Falling Rectangle

 

 

 
Bullish Rectangle

 

We would like to thank the following resources for this candlesticks patterns, wedges, triangles, and rectangles:

• Commodity.com
• Topstockresearch.com
• Marketrealist.com
• Finvids.com

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

Telegram: Subscribe if you want to receive a 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.

 

 

Commitment of Traders as of 18 August 2020

Commitment of Traders as of 18 August 2020

COT Report	Average
As of 18Aug20	Long	Short
CAD	54.34%	45.66%
CHF	55.76%	44.24%
GBP	54.17%	45.83%
JPY	54.94%	45.06%
EUR	59.79%	40.21%
NZD	53.73%	46.27%
AUD	53.57%	46.43%
USD	45.87%	54.13%
XAG	59.04%	40.96%
XAU	61.23%	38.77%

*USD is the weakest currency among the rest of the currency based on August 12-18, 2020, and reported on the 21st of August 2020, Friday.

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.
 
We'll see this week trading how many pips increase on your favorite Forex pairs from August 24-28, 2020. Happy trading!  

 

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

Telegram: Subscribe if you want to receive a 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 Evaluation of Forecast for the Month of August 2020

 

August 2020 Actual Performance. From August 3 up to 19 price hits from 0.70806 up to 0.72742 sideways up to 01:17 PHT to date August 26 with the price of 0.71751. Pips goes down around 991 points or pips.

Forecast of 1750 pips or points fall short by -759 points or pips. Forecast of bouncing back to 0.69000 price level still waiting for this coming days from August 28 up to 31. We're still expecting for -2751 pips or points from 0.71751 - 0.69000 price levels.

In summary for the whole month of August 2020 currency price goes sideways.

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.