Using COT

Jan 04, 2017 at 14:49
3 Replies
Member Since Apr 05, 2016   1 posts
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.
Member Since Sep 12, 2015   1948 posts
Jan 04, 2017 at 16:45 (edited 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
"They mistook leverage with genius".
Member Since Aug 09, 2016   25 posts
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.
Member Since Aug 09, 2016   25 posts
Jan 05, 2017 at 19:47
I do not know but as advice, anyone going to use investigate first.
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