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samanthanicole05
Please help me understand the COT report/chart on myfxbook
in
New Traders
May 11, 2013 at 08:37
@Bisho777; got your point. it's my first time visiting that segment of this site. i checked the historical and i can view the numbers better and understand whose short and long.sorry guys. this is how i am when im testing out new tools to add to some fundamentals. 😁
Please help me understand the COT report/chart on myfxbook
in
New Traders
May 11, 2013 at 08:37
sorry for missing info. im actually more into longer term. i trade daily charts and use price action trigger with respect to the overall fundamentals of a certain pair. general rule is pair the weak with the strong. i usually trade like 3-5x in a month.what i need to just get out of the COT report is overall bullish/bearish sentiments of major participants like the non-commercial. i know they actively trade with big volumes. commercials are those that use forex to hedge and not expect profit, just using forex to offset or maybe protect themselves from volatility.now, on the COT report screen, ...
Please help me understand the COT report/chart on myfxbook
in
New Traders
May 10, 2013 at 08:27
i know that this is a very noob question and info are provided on the COT chart segment of this site. however, im still confused as to determining what good numbers are, and i can't figure out if they're committing to sell or buy based on the numbers.
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