you may find this view interesting (https://twitter.com/50Pips)
Aarnog, Im struggling to see the bullish divergence in the 10 year yields, I can see that the German made a lower low at the start of feb without the US but the UK failed to make a lower low, I thought both UK and German yield must diverge from the US?Aarnog said:Bullish divergence on the USD Treasury yields (meaning, if yields correct and move bullishly, the USD will decrease in value).
Bullish divergence in the British and German and USD 10 year bonds as well (same story as above!)
Cable saw a big change in sentiment - lots of Commercials switching from bearish to bullish), and the Euro is seeing some extreme highs in the COT. Also a bullish signal.
I know I haven't done this yet, but next week I'll grab a couple screenshots and draw a couple lines to show you guys what I look at for yields and bonds!Shaan said:Hi Aarnog
Thank you for sharing your journal. It really helps for someone like me who is new to ICT concepts. I am wondering if you could possibly share your cot and bond charts as I am seem to be struggling to interpret them. for instance this weekend i was looking at British pound commercials data. They reduced their net short position from around 40 thousand to 20 thousand. My interpretation was that commercials are anticipating lower prices in and therefore would accumulate long positions when the price goes down etc. I would extremely appreciate if you could do that if you get some time or perhaps in your next analysis.
And to add to that, try - in the beginning - for one setup per week. Looks like you want to be in the market all the time.rod178 said:Suspect that you are to easily discouraged.
Fact to think about - A successful trader should expect to sometimes experience seven consecutive losses.
Sound as though you are doing better than that, so hang in there.