or weakness of a particular price trend. In May, COT Large Spec short positions increase to well below the -65,000 point of interest. If you are trading the USD/CAD, the same analysis would apply, but it would be flipped upside down. The long report, in addition to the information in the short report, groups the data by crop year, where appropriate, and shows the concentration of positions held by the largest four and eight traders. While those COT levels in 20 were more extreme than what we had seen in the past, it would have been relatively hard to make a trade based on themunless you were also looking at oil and making a determination that it was likely. But we want more evidence, which is why I usually wait for a pullback before taking trade (with most of my strategies). The rise in oil combined with an extreme reading on the Large Specs pointed to a move higher in the Canadian dollar. While the Commitment of Traders (COT) Report is not an exact timing indicator, it can aid in forex trading and provide a context for current and future market movements. Based on the price action, the stage is set.
How to Use the COT Report for Trading Forex
Commitment of Traders Report
Commitments of Traders - cftc
Cot report EUR/USD
Impostazione zig zag forex ea, Teknik all'interno di bar forex,
(Find out how to gauge the psychological state of a currency market. Dollar as the base currency. So price and COT are confirming a move. The chart below shows Canadian dollar futures (D6 along with COT data. They therefore sell gold futures to lock in a price that they can sell their gold. If used wisely, the COT data can be a pretty strong gauge of price action. For consistency, these graphs provide futures market position data on a reverse axis (with negative values above the 0-axis) whenever the" order is opposite the spot forex notation. Gauging Major Turns With Psychology.