Introduction to order flow trading: what order flow trading is and how it differs from other forms of trading, such as technical analysis or fundamental analysis.? Order flow trading is a type of trading that focuses on analyzing the flow of orders in the market to make informed trading decisions. It is based on the … Read more
Sierra Chart Footprint Template If you are looking for sierra chart footprint template, then you are at right place. Sierra chart is good platform when it comes to footprint trading or order flow analysis, but it is very hard to build the custom study as it is not that much user friendly, and it is very hard to build … Read more
Gold Cot Report Analysis and Prediction Gold Cot Report Analysis and Prediction 06/09/2022 Hello Everyone, Gold COT report is available for the last week (Sep 06, 2022) and we will analyze the COT report Data in this post, and we will discuss the possible next move by gold. Note: This COT report is published weekly, and … Read more
COT report is available for the last week (Aug 09, 2022) and we will analyze the COT report Data in this post.
Note: This COT report is published weekly and this is the only latest report that is available right now .The data for contracts is till 09 August 2022 and date of publication of this report is August 12 2022.You can check the release schedule from CFTC official site from this Link
If you are visiting this page for the first time I recommend you to check the detailed article on how to read COT report analysis by visiting this Link.
If you following this report and the weekly analysis video that I shared previous week on YouTube channel then you knows that in previous week the sentiments from the COT report was bullish and we have seen a good Upside movement in last week so the idea of previous week COT report comes true ,kudos to those who followed the video and the analysis .
I am tracking COT report for gold from last 1 year and I have full data of COT report in excel this is the previous week data and you can check the effect due to change in COT report numbers :
COT Report Analysis 19 July 2022 Hello Everyone, COT report is available for the last week (July 19, 2022) and we will analyze the COT report Data in this post. Note: This COT report is published weekly and this is the only latest report that is available right now .The data for contracts is till … Read more
COT report is available for the last week (June 21, 2022) and we will analyze the COT report Data in this post.
Note: This COT report is published weekly and this is the only latest report that is available right now .The data for contracts is till 21 June 2022 and date of publication of this report is June 24 , 2022.You can check the release schedule from CFTC official site from this Link
If you are visiting this page for the first time I recommend you to check the detailed article on how to read COT report by visiting this Link.
“Buy low, sell high.” Everyone’s heard it before. Seems like everyone is trying to do it. That should be red flag #1. As a profitable trader, you aren’t supposed to be doing what everyone else is doing. And for good reason.
Everyone knows that if you buy low and sell high, you’ll make money. Fine. What about, buy high and buy higher? Yes, ladies and gentlemen, I am asking you to step outside of the box for one moment and think about this. When you are looking for that great bargain stock that you think is undervalued, did you ever think to yourself that there’s no way that this forex pair is going to go any lower and therefore it’s got to be a good buy at these prices? Think again.
When a Forex pair price has been depressed, there’s a very simple reason for this. More shares are being sold than being bought. And, more often than not, that pair is going to continue to drop. Conversely, a pair that is near highs (intraday or 52-week) is highly likely to go higher. Doesn’t that make sense? How many times have you caught yourself in this situation? Buying “a bargain” and having the bottom fall right out from under your feet, just when you thought it couldn’t go any lower?
Implication #1: You should be buying pair that are near highs.
Implication #2: You should be short selling pair that are near lows.
Implication #3: Stop trying to call the “tops” and “bottoms” and go with a sure bet instead. As cliché as it sounds, the trend is your friend.
COT report is available for the last week (May 31, 2022) and we will analyze the COT report Data in this post.
Note: This COT report is published weekly and this is the only latest report that is available right now .The data for contracts is till 31 May 2022 and date of publication of this report is June 03, 2022.You can check the release schedule from CFTC official site from this Link
If you are visiting this page for the first time I recommend you to check the detailed article on how to read COT report by visiting this Link.
If you following this post you already knows that in previous COT report my View was Bullish and the opening price of previous week was 1853 and we have seen some decline first toward the price level of 1828 and then seen a good bullish run and gold tested the price level of 1873 (So net positive +20 Dollars from opening price ) so the idea of previous COT report comes true you can read the previous COT report from trailing data.
Now if we look to the latest COT data we can see that the Money mangers pulling money from Long Contracts (-8443) and adding money in short contracts (+1821) also in yesterday trading session we have seen good decline after NFP data and if gold bears able to maintain this pace then we can have test toward the support of 1828 and then 1800 .
COT report sentiment :Bearish
You can check the complete analysis from the following video:
COT Report Analysis 24 May 2022
Hello Everyone,
COT report is available for the last week (May 24, 2022) and we will analyze the COT report Data in this post.
Note: This COT report is published weekly and this is the only latest report that is available right now .The data for contracts is till 24 May 2022 and date of publication of this report is May 27, 2022.You can check the release schedule from CFTC official site from this Link
If you following this post you already knows that in previous COT report my View was bearish but in previous week opening Monday and Tuesday we have seen bounce from the opening price (1846.18) and gold almost tested 1870 in Tuesday trading session but failed to maintain this bullish move and in Wednesday trading session sellers took control and pushed the price towards 1840 Price level. This move indicates that we still have underlying bearish pressure which not allowing buyers to make big move.
After Wednesday we have seen almost flat market and we didn’t see any big move . So the idea of previous report, we can say comes to be neutral .
Now if we look to the latest COT data we can see that the Money mangers showing some interest this time and adding money into long contracts (+5602) and pulling money from the short contracts (-12095).
In yesterday trading session we have seen that gold tried to breakout the 1860 level and in bottom side 1848 is Holding well. So we can think about the buy only after breakout 1960 on H1 or wait for the rejection from the bottom . For sell better wait price to breakdown the 1848 Level .
COT report sentiment :Bullish
COT Report Analysis 17 May 2022
Hello Everyone,
COT report is available for the last week (May 17, 2022) and we will analyze the COT report Data in this post.
Note: This COT report is published weekly and this is the only latest report that is available right now .The data for contracts is till 17 May 2022 and date of publication of this report is May 20, 2022.You can check the release schedule from CFTC official site from this Link
If you are visiting this page for the first time I recommend you to check the detailed article on how to read COT report by visiting this Link.
If you following this post you already knows that in previous COT report my View was bearish and we have seen a bearish move in last week so the idea of previous COT reportcomes true on Monday trading session (16/05/2022) and we have seen a good decline move towards the level of 1786.(24 Dollars Down move).
But after hitting that low Level gold quickly rebound from that major support and remained above this level whole week due to decline on dollar index ,Inflation fear and decline on major stock Indexes.
Now we have latest COT report for this week also and to my surprise it is still showing bearish sentiments from data. As you can see that this time also we have -8359 contracts from the Long position and +10273 in Short contracts (Big Numbers ) and this show us that how smart players are building there positions in the current bullish correction .
The only major Factor that currently helping Gold bulls is the DXY chart , In previous week we have seen good decline on the DXY and this move helped Gold to make a good move and Gold hit almost 1850 Level.
From my view I think the levels that we have to watch for is 1852 and 1860 , if Gold not able to breakout these levels then we can have decline towards 1830 and then 1800 from current price(1846) .You can check the resistance zone on H4 Time frame from the following chart :
Weekly Analysis Video :
COT report sentiment :Bearish
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COT Report Analysis 10 May 2022
If you following this post you already knows that in previous COT report my View was bearish and we have seen a big bearish move in last week so the idea of previous COT reportcomes true and I want to congratulate those who followed the idea of previous COT report analysis .
Now Lets discuss the data from the latest COT report :
As we have seen in the previous COT report this time also we can see from the graph that this time also the smart money mangers are still pulling there money from the Long Contracts (-4897 this time) and adding money in the Short contracts (+958) and the graph is still decreasing .Clearly this is not a good sign for bulls and we can expect more decline from this data. In yesterday trading session we have seen that gold already tested the psychological barrier of 1800 but quickly bounced back from this level and closed above this level.
On daily candle and Weekly candle we can clearly see the bearish pressure due to strong DXY upside movement from last 2 weeks .
On weekly the main support is around 1875-90 zone . In the upside as we have seen in yesterday trading session the level 1827-28 is the main resistance .
Hey guys in this post I will share a good scalping strategy that actually works in XAUUSD| Gold, you can use this strategy to trade XAUUSD on intraday basis/scalping.
There are many indicators and strategy which people follow as per their style and most of them choose almost traditional method like Moving average, Fibonacci, BB, MACD etc. But the strategy that I am going to share with you is pretty advanced and pretty profitable to find a good entry in both buy and sell side.
Tools Requirement:
The one and only tool that you require for this strategy to work is the Sierra Chart Platform, there are many other charting software available for the strategy that I am going to explain but the Sierra Chart overall is recommended to use this method/ strategy. You can download and install the Sierra chart from this link.
So, the method that I am going to share is called as “Stacked Volume Imbalance” and it is part of order flow Analysis.
What is stacked volume imbalance in the first place?
See, the market moves with the help of buyers and sellers so and when buy order equals to sell or vice versa then we can say that there is balance between buyers and sellers but when sellers outperform the buyers at a particular price level then we say that seller created imbalance at that particular price level and same complies in case of buy imbalance also.
COT report is available for the last week (April 26, 2022) and we will analyze the COT report Data in this post.
Note: This COT report is published weekly and this is the only latest report that is available right now .The data for contracts is till 26April 2022 and date of publication of this report is April 26, 2022.You can check the release schedule from CFTC official site from this Link
If you are visiting this page for the first time I recommend you to check the detailed article on how to read COT report by visiting this Link.
Now Lets discuss the data from the latest COT report :
As you can see from the Data (Highlighted Box) you can see that this time also the investors are pulling money from the long contracts(-19345 this time , which is huge this time compared to previous change ) and adding positions in short contracts(+805).
In previous COT report we have seen the same sentiments and in Last week we have seen a down move (Approx. 62 Dollar down Move) and the idea of previous report comes true.
As we can see some cover up this time also but if we see the relative change in Short contracts then we can say that they are pulling the money but not adding much in short contracts this week .
From my view and from the price action the support area around 1872-1874 is the main level that we have to watch for , if gold able to breakdown this level then we can have more decline toward the price level of 1855 and I am not interested in buy side until 1920-24 is safe in upside.
COT report sentiment :Bearish to Sideways
COT Report Analysis 19 April 2022
In previous COT report the sentiments were bullish and gold almost tested the psychological barrier of 2000 (Monday High =1998, total 15 dollars move after the previous analysis), but after reaching the price level of 1998 sellers aggressively pushed the gold and since that day we have seen sharp decline of price and currently it is trading near to main support (1927).
If we look into this report (Highlighted under managed money ) we can see that this time Investors pulling money from Long contracts and also adding money into short contracts .
Also as discussed in telegram channel during live trading the Level 1927 is the major support that we have to watch closely .Breakdown of this level can push the price towards the psychological barrier of 1900.
COT report sentiment :Bearish
COT Report Analysis 12 April 2022
Hello Everyone,
COT report is available for the last week (April 12, 2022) and we will analyze the COT report Data in this post.
Note: This COT report is published weekly and this is the only latest report that is available right now .The data for contracts is till 12 April 2022 but date of publication of this report is April 15 , 2022.You can check the release schedule from CFTC official site from this Link
So if you following this analysis carefully I clearly mentioned in the previous analysis that gold is still showing bullish sentiments from the data and prediction of that report comes true .
Now lets discuss this week COT report :
Check the COT numbers (Highlighted ) from the following file:
And if you look closely under the managed money column , under Long contract you can see that this time also Investors are still adding money into Long Positions (16924 Contracts ).
Clearly this much addition in Long position shows the intention of investors in Gold , and we expect rise in price in next week also .As mentioned in the weekly analysis video 1980 is the main level that we have to watch , if gold is able to breakout 80-82 then we can have test towards 2000 this week.
COT report Sentiment :Bullish
You can check the weekly analysis video from here:
COT Report Analysis 05 April 2022
Hello Everyone,
COT report is available for the
last week (April 05, 2022) and we will analyze the COT report Data in this
post.
If we look under the managed
money column we can see that this time we have some increment in the net Long
positions (Highlighted 1,834) compared to previous COT report which indicates that bulls are again showing
interest at current price (1945).
And at the same time Sellers
Contract data also adding into Short Contracts (8509) which was 727 in previous COT
report but overall from the column you can see that we have net Long position is
greater that the net Short positions which generate a Bullish sentiment from
this report.