Disliked{quote} COT is a lagging indicator so you can hardly find any real edge in it. Also the fact that it shows the exposure in the futures markets makes it even more useless. In FX the spot market is the main driver. The futures are almost irrelevant. The same info can be found in the retail exposure published by some of the retail brokers. In general any published volume/exposure related information in fx is incomplete useless and deceiving. You can actually make much better guess just by looking at the price action and the fundamental contex. FX is...Ignored
- Joined Jan 2010 | Status: overcaffeinated.... | 1,540 Posts
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