Hi Kent,
I am very glad that you can share on how to use COT report.
I have done some research wayback last time,but i found out that COT is not that reliable if comparing to others indicators.
Can you show us some example on how you use COT to determinet your position, whether long or short?(Maybe can post some Daily chart as well)
I am very glad that you can share on how to use COT report.
I have done some research wayback last time,but i found out that COT is not that reliable if comparing to others indicators.
Can you show us some example on how you use COT to determinet your position, whether long or short?(Maybe can post some Daily chart as well)
DislikedI trade using COT data and heat maps. This is complimented with some Japanese Candlestick Tech analysis. I hold positions over a few months and as a result i have large draw downs. However, i use a mini account to maintain a small principle risk.
The COT data is one of the best tools i have found. I hold most of the spot/futures forex companies in contempt because they could provide this information in real time. This would act as a really good volume/momentum indicator.
If anyone who uses or is interested in using COT data please feel free...Ignored