DislikedDear Folks,
Good to see quite a bit of interests around COT report lately--- There is no hard & fast rule of interpreting this report---this is entirely discretionary--- one report is liable to different interpretations, known as, inter-observer variability---the trick is to see this report in the light of economic events & TA--- here goes my interpretation of COT report for next wk--- this is not a trade recommendation---use your discretion & proper MM
Cad: volatile w/ bidirectional movement
Chf: volatile w/ bearish bias
Gbp: bullish
Jpy: bearish
Eur: bullish bias
Aud: bullish bias
Nzd: bullish bias
Wish you all a very successful wk!
GL/GTIgnored
Thanks for the bias' recommendations. I think it would help us to learn more if you could also explain the reason for your bias for the week, so we could understand your reasoning behind the bias.