Dislikedhello guys,
you've got a very interesting discussion here. i'm very interested in the COT index because it can be used as a NYSE openbook for the currencies compared to the stocks, even with the 3 days delay.
so to speak, you use it to see where they are predominantly adding positions /to be on the right side of the market/. this is very helpful and I can use it to be more sure of what I see on the charts, especially when going for the dips or the false rallies to support a trend.
by looking at the last CFTC report, it shows that the large non-commercial...Ignored
welcome to this thread, you have your point of buying dip on A/U, and considering crowd in your side it has been a profitable model over past weeks,and if you look at long term it has been good investment over last year- but COT index cant remain extreme without a correction , but the timing is not easy