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

[Zack Zarr 5]

Update on the trade ideas based on the analysis of COT reports last week which were posted here and the trade ideas posted here

COT data will be released shorty at 12:30 EST so stay tuned for more updates.

 

AUDUSD

Long idea: +160 pips

Short idea: not triggered

 

EURUSD

Long idea: +260 pips

Short idea: either stopped at BE or run with ~40 pips SL

 

GBPUSD

Long idea: +178 pips

Short idea: + 80 pips , SL can be moved to BE

 

Gold

Long idea: +$20 or 2,000 pips

Short idea: not triggered

 

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

 Create a FREE account to get access to all previous weekly analysis and educational materials using the registration form found in this page.

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

 

Zack