SUPPLY & DEMAND ZONES
Take note of the GREEN demand zones and RED supply zones mapped out below. These are the areas of interest for me because this is where there is a great deal of demand to fill buy orders and supply to fill sell orders from the institutions. SHADED GREEN ZONES = Strong Buy Zones
SHADED RED ZONES = Strong Sell Zones
Commitment Of Traders Report: Institutional traders are VERY LONG biased. Perception of Monetary Standing: HAWKISH
US DOLLAR => COT REPORT: Institutional traders are LONG biased.
Perception of Monetary Standing: HAWKISH
Notes: The hedge funds again reduced both longs and shorts last week with a slight favour towards the short side. One interesting point to mention, is that they continue to favour the upside with 88% of their positions being held for long contracts.
AUDUSD => COT REPORT: Institutional traders are SHORT biased.
Perception of Monetary Standing: NUETRAL
Notes: Both non-commercial and commercials have a net change of -7,247 favouring a bearish move in the Aussie last week. The commercials are holding 71% of their positions to the long side hedging against a move to the downside. So needless to say the bearish bias continues.
USDCAD => COT REPORT: Institutional traders are LONG biased.
Perception of Monetary Standing: NUETRAL
Notes: Hedge funds added to their longs and shorts last week with the moves biased towards the bullish side with net positions of 23k to the long side.
USDCHF => COT REPORT: Institutional traders are SHORT biased.
Perception of Monetary Standing: DOVISH
Notes: Bias is still to the down side with this pair. Slight move favouring the downside with net changes of -5k.
EURUSD => COT REPORT: Institutional traders are SHORT biased.
Perception of Monetary Standing: VERY DOVISH
Notes: Very minimal moves regarding the Euro during this crisis, but one thing important enough to mention was that the previous week, the net difference was a -18k and last week was -3.5k so less bearish of a move but still overall consensus is a bearish bias.
GBPUSD => COT REPORT: Institutional traders are SHORT biased.
Perception of Monetary Standing: NUETRAL => HAWKISH
Notes: Longs increased and shorts decreased last week on the Pound. Short positions reduced from 59% exposure to 55% with this move from the hedge funds. Net change for both group totalled 17k favouring the bulls.
USDJPY => COT REPORT: Institutional traders are LONG biased.
Perception of Monetary Standing: VERY DOVISH
Notes: Some profit taking on the Yen took place again last week, with net changes totalling -26k. We saw this on the charts as price hit tested WK Supply and has pulled back since.
NZDUSD => COT REPORT: Institutional traders are SHORT biased.
Perception of Monetary Standing: DOVISH
Notes: Long positions were reduced last week by the hedge funds from 19k to 16k and commercials now with a 90% exposure of their kiwi positions favouring the downside. Overall bias at this point still favours the Bears.
Notes: The hedge funds again reduced both longs and shorts last week with a slight favour towards the short side. One interesting point to mention, is that they continue to favour the upside with 88% of their positions being held for long contracts.
AUDUSD => COT REPORT: Institutional traders are SHORT biased.
Perception of Monetary Standing: NUETRAL
Notes: Both non-commercial and commercials have a net change of -7,247 favouring a bearish move in the Aussie last week. The commercials are holding 71% of their positions to the long side hedging against a move to the downside. So needless to say the bearish bias continues.
USDCAD => COT REPORT: Institutional traders are LONG biased.
Perception of Monetary Standing: NUETRAL
Notes: Hedge funds added to their longs and shorts last week with the moves biased towards the bullish side with net positions of 23k to the long side.
USDCHF => COT REPORT: Institutional traders are SHORT biased.
Perception of Monetary Standing: DOVISH
Notes: Bias is still to the down side with this pair. Slight move favouring the downside with net changes of -5k.
EURUSD => COT REPORT: Institutional traders are SHORT biased.
Perception of Monetary Standing: VERY DOVISH
Notes: Very minimal moves regarding the Euro during this crisis, but one thing important enough to mention was that the previous week, the net difference was a -18k and last week was -3.5k so less bearish of a move but still overall consensus is a bearish bias.
GBPUSD => COT REPORT: Institutional traders are SHORT biased.
Perception of Monetary Standing: NUETRAL => HAWKISH
Notes: Longs increased and shorts decreased last week on the Pound. Short positions reduced from 59% exposure to 55% with this move from the hedge funds. Net change for both group totalled 17k favouring the bulls.
USDJPY => COT REPORT: Institutional traders are LONG biased.
Perception of Monetary Standing: VERY DOVISH
Notes: Some profit taking on the Yen took place again last week, with net changes totalling -26k. We saw this on the charts as price hit tested WK Supply and has pulled back since.
NZDUSD => COT REPORT: Institutional traders are SHORT biased.
Perception of Monetary Standing: DOVISH
Notes: Long positions were reduced last week by the hedge funds from 19k to 16k and commercials now with a 90% exposure of their kiwi positions favouring the downside. Overall bias at this point still favours the Bears.
Notes: Trend is down on the monthly, bearish consolidation on the weekly and bullish consolidation on the daily chart.
THE SETUP: ->
Video Link ==>
$USDCAD -> Commitment Of Traders Report: Institutional traders
are SHORT biased. Perception of Monetary Standing: NUETRAL
Notes: Trend is up on the monthly, bullish consolidation on the weekly and bearish consolidation on the daily chart.
THE SETUP:
THE SETUP: ->
Video Link ==>
$USDCAD -> Commitment Of Traders Report: Institutional tradersare SHORT biased. Perception of Monetary Standing: NUETRAL
Notes: Trend is up on the monthly, bullish consolidation on the weekly and bearish consolidation on the daily chart.
$USDCHF -> Commitment Of Traders Report: Institutional traders are SHORT biased. Perception of Monetary Standing: DOVISH
Notes: Trend is up on the monthly, bullish consolidation on the weekly and down trend on the daily chart.
THE SETUP:
THE SETUP:
Notes: Trend is down on the monthly, bearish consolidation on the weekly and bullish consolidation on the daily chart.
THE SETUP:
Video Link ==>
THE SETUP:
$GBPUSD -> Commitment Of Traders Report: Institutional traders are SHORT biased. Perception of Monetary Standing: NUETRAL
Notes: Trend is bearish consolidation on the monthly, up on the weekly and up on the daily chart.
THE SETUP:
THE SETUP:
Notes: Trend is down on the monthly, down on the weekly and bearish consolidation on the daily chart.
THE SETUP:
Video Link ==>
THE SETUP:

$GBPNZD ->
Notes: Trend is up on all time frames so looking for a pull-back into either 240 or daily demand. I prefer the daily demand zone.
THE SETUP (May 12): LONG @ 2.0677, SL @ 2.0500, TP - technical stop

Commitment Of Traders Report: Institutional traders are VERY LONG biased.
Notes: Trend is down on the monthly, bullish consolidation on the weekly and bearish consolidation on the daily chart. Called the bounce @ 1170 to a tee. RSI on the MN and WK chart suggest more upside towards the 1280's.
THE SETUP:
Video Link ==>
Commitment Of Traders Report: Institutional traders are LONG biased.
Notes: Trend is down on the monthly, bearish consolidation on the weekly and up on the daily chart. A little more push up it seems until hitting MN supply and descending TL so expecting more downside from there.
THE SETUP:
Commitment Of Traders Report: Institutional traders are VERY LONG biased.
Notes: Trend is down on the monthly, up on the weekly and up on the daily chart. WK chart hitting a flip zone so may drop to the 56's, if not head up towards the 66's.
THE SETUP:
Video Link ==>
Commitment Of Traders Report: Institutional traders are VERY SHORT biased.
Notes: Trend is down on the monthly, bearish consolidation on the weekly and up on the daily chart. MN descending TL about to be hit while WK supply being tested a second time with D supply up ahead.
THE SETUP:
Video Link ==>
Notes: Trend is down on the monthly, down on the weekly and bearish consolidation on the daily chart.
*WK SZ and WK TL in control
*WK SZ and WK TL in control
THE SETUP: LONG @ 0.7365, SL @ 0.7306, TP - technical stop
Video Link ==>
May 18 (10:15pm) -> Trade Activated.
May 20 (9:30am) -> Trade Closed early for small loss.
Trade Review -> https://www.tradebench.com/share_trade/c09da628ffcf32f27aaae7ac4f6a29f1
Video Link ==>
May 18 (10:15pm) -> Trade Activated.
May 20 (9:30am) -> Trade Closed early for small loss.
Trade Review -> https://www.tradebench.com/share_trade/c09da628ffcf32f27aaae7ac4f6a29f1






































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