Wednesday 18 May 2011

Euro FX COT Report vs COT Proxy

Euro FX COT Report vs COT Proxy
Look at that! The EUR/USD chart with the Euro FX COT Report in the middle chart and the COT Proxy chart in the last row. The COT Proxy match the COT Report! (The commercials for Euro FX are in green and speculators in red). And the best thing is it gave earlier signals and smoother chart than the real COT Report! We can trade it straight off the Proxy instead of the real COT! We will look at some more charts before we apply it for stocks in SGX!

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