1- EURO FUTURES #EURUSD
Net positions of commercials is ranging, while open interest rises, which indicates they predominantly open positions compared to closing contracts. Also, opened long and short contracts are equal, in terms of amount.
1/9
We observe huge drop in open interest, during consolidation market, as the net positions of commercial were increasing. This is cleary seen in the blue box.
2/9
Huge drop (15% or more) in open interest during consolidation market is the big indication of where smart money reset themselves, in terms of hedging programs. SMT inbetween them robustly supports this idea. Meaning that FX is verye likely bullish, till the next quarter
3/9
2- GOLD FUTURES #XAUUSD
We observe obvious MMBM, since the COT data is delayed. Net positions of commercials were increasing, as the price of gold were dropping. However, open interest was dropping smoothly, as this was happening on COT and price.
4/9
Meaning that smart money was closing the long contracts more than they were opening the short contracts.
This of course doesn't mean they weren't opening long contracts and closing short contracts. What they predominantly were doing was closing the long contracts.
5/9
They're basically building positions for the current re-accumulation phase of the biggest MMSM, as they were building positions for the completed MMBM, whose engineered high 1960$ level. SMT with #Silver supports all the ideas disscussed here.
6/9
This is quite obvious MMBM on bitcoin. Net positions of commercials were significantly increasing with the stalling open interest, as the price was dropping into the fair valuation.
7/9
If I could be able to see this datas, I would've taken higher risk on my bitcoin trade, which was taken at 19k.
This is the bigger picture on bitcoin. Their positions were significantly increasing. They went net longs during the consolidation market, before the big rallly.
8/9
Since that happened, having a long bias on monthly and weekly chart was the best decison. That's why I was looking for longs utilizing FVGs, BPRs and I took my shot at 19k.
Thanks for reading the thread. COT explains everytihng. I highly recommended you to become advanced.
9/9
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Gitmeden önce sizlerle önemli bir şey daha paylaşmak istiyorum. Umarım dikkate alırsınız ve bunları sorgularsınız. Sorguladığınızda fiyata bakışınız çok değişecek.
Bütün olay smart money'nin hedging programları ile ilgili. Smart money hedging programlarını yönetebildikten sonra gerisi market maker'ın yani algoritmanın işi. Eğer smart money için uygun koşullar yoksa IPDA yani algoritma likidite mühendisliği yapar. Daha basit haliyle....(2/x)
Ya fiyatı yataylaştırır ya da ikili/üçlü tepe ve dipler oluşturur veya omuz baş omuz, trend kanalları vb. oluşturur.
(3/x)
I'm out of motivation posting on twitter.
I wont close the account, but I'm going to use Twitter less and less ovrr the time and going to stop using it completely.
It didn't go well as I expected, especially on the Turkish price action community side.
Thread....
(1/x)
Of course people don't have to think like me, nor believing in what I believe. However, most people here are too lazy, as they are not independent thinkers, who reckon they're being able to trade the markets memorising patterns.
I'm going to be talking about decision making process before/during/after the news utilizing economic calendar and traditional characteristics of economic news.
THREAD 🧵...
1- The Speech of Central Bank Governers 🏦
Making decisions, before speech of central bank governers is kind of hard. If we don't have quite obvious draw on liquidity as a target, it's always better to stay at sidelines in these highly manipulative conditions.
It's tradable condition for traders, who utilize HTF PD arrays with the context extracted from monthly-weekly-daily sequential and/or COT report analysis.
(For swing traders and short term traders, including OSOK trades)
If you say something like "this trade looks risky" or "I took this risky trade." This is an obvious indication that you have no idea operating in that market environment. #trading#forextips#TRADINGTIPS
THREAD... 🧵
This approach is more rational : "I don't know how to operate in this condition, so I'm at sidelines and not taking any trade, until this/that happens."
You should always be studying the conditions you don't know how to operate, regardless of whether you're profitable trader.
Some Tricks To Utilize Fair Value Gaps Efficiently📝
I'm going to be talking about tricks about FVGs in this thread. I think you all will love it.
Some of them allows us to determine high probablity trading conditions better, while others help us to see opportunities.
THREAD🧵
TRICK #1
Crack in correlation (SMT) inside FVGs. Smart money accumulation/distribution is an imortant thing to confirm, before entering a trade. We all know FVGs are used to trade continuations, not reversals.
So, we technically trade the reversals inside continuation.
Rest is depending on your model, once SMT is formed inside a FVG. Market structure or reading the failed/supported PD arrays might be your approach to price.
These timings are very crucial, especially for the scalpers, helps us to frame intraday price deliveries, anticipating manipulations in price and little PO3s (Power of Three)
THREAD.... 🧵
In order not to make people confuse, I'm going to share two liquidity cycles only, where we likely have decent price deliveries, in terms of its magnitude.
LONDON CYCLE 🇬🇧
02:30 am - 04:00 am EST
We have mini killzones inside this interval. There are characteristic price moves inside mini killzones, just as there are some characteristic patterns in price inside a trading day like,