Trading the Trend with Strong Weak Analysis

So you’re just looking at Commercial sentiment? Not including Retail sentiment? And you just trade with the bias apparently.

Surely you have seen the well-known theory of trading opposite Retail sentiment once it is at an extreme level.

There are sites that do this calculation, including many other fundamental data, not just sentiment; it must be laborious to do this for 28 pairs, good luck.

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I am looking at Non-commercial which if I remember correctly from some youtube educational videos about the COT report, is where the big players are listed under.

I don’t include retail. Is it the third column under non-reportables? Any good use in it? Btw how come do you use the word ‘sentiment’ in your reply?

Defnietly. @The_Baller on here has mentioned, also the no nonsense forex youtube channel and then bumoed onto some twitter forex guy who showed a graph where the more the retail traders long, the more the price dives…and of course vice versa.

oh mane, I mnaully had to create a freaking excel spreadsheet to save myself some time then hired some freelnacer. what websites are these?

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Yen pairs closed the week on a down note, but US stocks had their best week in four years, and Bitcoin was at record highs. I would say the markets are giving their approval of how the US elections went

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People wher confused . The election buy was for crypto not stocks , stocks will start their crash today especially Nivida crash

Chf jpy wil crash too

Nope - remember that the market hates uncertainty - nothing worse that a guy with money (investor) not sure where to put it.

Give him certainty, doesn’t matter Dem or Rep.

See the date

The stage is set for a year-end rally, says Carson Group’s Ryan Detrick

Their wrong I’m right

Hi Fok, thanks for your answer, I appreciate the time you take to answer me,
My numbers and yours are very close, about 5%. and with Dennis is about 40% difference…
I put all the information in a table just to compare the data for day 8th,
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in most of the case the currencies order were ok, and this is the more important
piece of information, I think,

@FOK I liked that https://fundamentaltrades.com/ website. Such a gem of Strong vs Weak Pro Analysis

So we got the forex basics down:
-The Trend is your best friend
-Retail Contrarian
-COT

What else is there that indicates basic Strength or Weakness? Maybe the fundamentals like GDP, Unemployment, Interest Rates etc according to the webisite?

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Swap rates are a clue, interest rates drive the fundamentals of money / forex, big boys make money, which way do they really want the price to move?

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I was just thinking that since we the common folk got access to all these swap rates, GDP, Unemployment etc., the institutional traders do have access too.

Therefore they bake this info into their trading decisions that manifests on the COT report.

Therefore, looking at the COT report is enough as fundamentals are baked in this report.

Therefore if the COT report says X direction, who the fock am I to interpret the COT report any way other than X?

What do you think @FOK

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Logical.
That’s why I very quickly and long ago stopped requesting and reading company Annual Reports.

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I’m just going with the best SWAP

To find an entry, say you want to short like the GBUSD here, look for an opposite day, which is an UP day, a green day or white; next day, look for the continuation entry with whatever you use for price action recognition, over and out.

Doesn’t that happen too for tax reasons. Traders want to stay in positions through the New Year and then close out in Jan? Or did I understand that wrong?

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It is called the Santa Claus Rally, and we do seem to be setting up nicely for one this year. The normal pattern is a bit of a pullback in early December then a rally into January

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okay cool, it has a name. Thanks!

I was on a training course last week so couldn’t do my analysis, hence the missing dates

All markets have settled down, the world has not ended like msnbc would have had you believe

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well, isn’t SWAP baked into the COT report Score from fundamentaltrades? Therefore, if Score says X then it logically follows that SWAP is roughly X too?