FX Weekly Technical Analysis and Trade Setups based on August-14-2018 COT Reports

[Zack Zarr 5]

Here are some possible trades based on the COT reports of August 14th, 2018. The trades are based on some lower timeframes for short term profits. The big picture trades are setting up in the bigger timeframes and what I explained in the COT analysis posted here.

For more information on this type of analysis check out the previous posts in the education section of the forum here, here, and there.

 

If you want to discuss further and clarify things, please send me a message to [email protected]

 

Zack

[Zack Zarr 5]

EURUSD long looking good so far (210 pips). Waiting to see breakout of that heavily shorted zone.

If shorting here, SL has to be above the all short pile ups not right above the current zone.

 

 

 

[Zack Zarr 5]

AUDUSD long now in 140 pips profit. Still has room till the SZ.

[Zack Zarr 5]

GBPUSD long also working out as expected. Now near the SZ, short trade with minimal risk.

[Zack Zarr 5]

EURUSD: does this recent upside move look like a short closing (profit taking) or long adding?

Price already forced all those 23K shorts to close IMO. But wait until the zone is fully broken, then look for the demand zone.