Using COT

Jan 04, 2017 at 14:49
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3 Replies
Členem od Apr 05, 2016   1 příspěvků
Jan 04, 2017 at 14:49
Hi peoplessss,

I'm having some trouble putting the information on COT to work. Now with the most recent COT data released on 27th Dec2016, I managed to generate the following numbers.

non commercial commercial
short 192,689 short 141332
long 123,281 long 220288


net short 61% net short 39%
net long 39% net long 61%

I'm learning to use this to spot any market extremes, not too sure if I'd got this right? and if so, I think we are not looking at any extremes at this time?

Any input is greatly appreciated everyone.

Many thanks in advance.
Členem od Sep 12, 2015   1948 příspěvků
Jan 04, 2017 at 16:45 (Upravené Jan 04, 2017 at 16:46)
You can get some pointers on Lex Van Dam web site its free for 7 days, the end of month analysis is pretty good too ,COT data is mostly used to get sentiment because its based on futures and options, I use timingcharts.com.
"They mistook leverage with genius".
zack4
forex_trader_350643
Členem od Aug 09, 2016   25 příspěvků
Jan 05, 2017 at 19:46
@chickensatay You must rely on other sites that give you signals to guide your trade. However, remember to try to build your own strategy and reinforce it.
zack4
forex_trader_350643
Členem od Aug 09, 2016   25 příspěvků
Jan 05, 2017 at 19:47
I do not know timingcharts.com but as advice, anyone going to use investigate first.
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