Charles

End of Week Analyses using Sentiment and Market Structure in Forex What's New? Today I added a trading strategy to the Market Structure Deep Dive course that using this single strategy alone of the Monday Range - you could have banked 1214 pips just trading the Majors last week. Just this last week alone would have more than covered the cost of lifetime membership. If you're ready to start making money trading and gain profitable concepts and ideas,  Join Us today. Directional Bias Retail Sentiment + Market Structure gives us a directional bias for our trades - regardless of your trading style. [...]

End of Week Analyses using Sentiment and Market Structure in Forex What's New?We added a Heatmap to the Sentiment Analysis Tool (SAT)Now you can QUICKLY see which pairs you should be focused on for the easy money.Want to Track Sentiment Yourself?We had some requests for an inexpensive way to traders to track Sentiment themselves. So we created the  Sentiment Analysis Excel Spreadsheet (very similar to the one I used to profit in the FX Market for years ). You can use it to quickly track retail sentiment and changes in positioning. You simply just have to type in the positions and everything is calculated [...]

End of Week Analyses using Sentiment and Market Structure in Forex Whats New? We had some requests for an inexpensive way to traders to track Sentiment themselves. So we created the  Sentiment Analysis Excel Spreadsheet (very similar to the one I used to profit in the FX Market for years ). You can use it to quickly track retail sentiment and changes in positioning. You simply just have to type in the positions and everything is calculated for you. We even included a simple version of the Sentiment Analysis Tool that will give you Buy and Sell signals and can also do [...]

End of Week Analyses using Sentiment and Market Structure in Forex DXY The Dollar is currently in a range between 99.63 and 100.30. We want to see a clean break up or down as shown by the arrows before we get too excited for either direction here. Structurally, DXY is more likely to make higher highs and take out stops above. However, when looking at other pairs there is cause for concern. Sentiment Readings using Basket Analysis shows that all of the pairs are clustered in the center of the quadrants. This is a clear sign of indecision of directional [...]

FOCUS ON CORONA VIRUSThe major headwind in the markets is still the corona virus.  When volatility is this high, a good money management strategy is to lower your position size to account for the added risk.USDCADWith DXY (US Dollar Index) at near 19 year highs... I couldn't help but get the feeling that the juice may be running out - at least for now.Take a look at USDCAD above.  As retail became more and more short and entered the extreme zone between -75 and -100, look how price continued to move upward.  On Friday price started moving downward and appears to [...]

FOCUS ON CORONA VIRUS The major focus this past week was the fear surrounding the corona virus. When we get to looking at USDJPY we will see the opportunities that were present in the beginning of the week - with an eye for the change in direction by mid week. Sentiment Using Basket Analysis of USD/xxx, we saw the dollar get stronger verses ALL other currencies by 3/12/2020. Currency Baskets began clustering around the strong buy zone and USDEUR, USDJPY, & USDCHF were in the weak buy. (remember with basket analysis, we are putting all major pairs with USD/xxx) to [...]

Sentiment Using USD as a Base Currency (USD/xxx) we are able to analyze and isolate the Sentiment of the USD. Currently with Sentiment - USD is currently in the Strong Buy zone for the most part, but the concern is that pairs have shifted across the Y axis to the SELL side. Keep in mind, this is a weak sell signal for the Dollar Index. GBPUSD is the leader in being a BUY against the dollar (as you can see above the dollar is weaker compared to GBP) DXY The USD is still showing strong signs of momentum to the [...]

Sentiment Using USD as a Base Currency (USD/xxx) we are able to analyze and isolate the Sentiment of the USD. Currently with Sentiment - USD is spreading out compared to last week. The majority of the pairs are on the left side of the Y axis, but above the X axis - which signifies a weak buy. DXY USD is currently in a downtrend. Look for Selling Opportunities until the LITS is broken strongly with an IM. EURUSD Until EURUSD crosses the LITS, we must have an upward bias. Look for Buying Opportunities with Sentiment Shifts or Retail Overloading Short. [...]

SentimentUsing USD as a Base Currency (USD/xxx) we are able to analyze and isolate the Sentiment of the USD. Currently with Sentiment - USD is spreading out compared to last week. The majority of the pairs are on the left side of the Y axis, but above the X axis - which signifies a weak buy.DXYUSD is currently in a downtrend. Look for Selling Opportunities until the LITS is broken strongly with an IM.EURUSDUntil EURUSD crosses the LITS, we must have an upward bias. Look for Buying Opportunities with Sentiment Shifts or Retail Overloading Short.USDJPYUJ was a very profitable play for the SentiFX [...]