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Futures trading journal - GB

Anyone use COT indicator? I can't see much value in either the commercial, large speculator or small speculator squiggles. How do traders use it?
 
BTC daily.

H&S into high pennant. Big fair value gap above beckons.

There's also a major trendline - not shown - whose target is 31712.

With all this confluence, the target of between 31712 - 32676 seems certain.

It's so textbook, that I wonder if they might not plunge it to 25000 first before it reaches the target.


x.png
 
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BTC daily.

H&S into high pennant. Big fair value gap above beckons.

There's also a major trendline - not shown - whose target is 31712.

With all this confluence, the target of between 31712 - 32676 seems certain.

It's so textbook, that I wonder if they might not plunge it to 25000 first before it reaches the target.


View attachment 155554
Big move. Has gone half way to its target.
 
ES is looking very strange. There's been less commitment to direction after the open than prior! Never seen that before. Might close ES for a small loss. Gold nearly at its target.

Gold 1 min has a textbook 3 rising troughs pattern. Perfectly spaced.
Going to move my target once again. Now 2323.

x.png
 
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BTC very strong. Expecting it to cool off a bit at 30612.33 before reaching its target.

Hoping ES pulls back a bit so I can buy at 4134. I don't think it's gonna happen though.
 
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