Understanding the Commitment of Traders Report (COT) - Part 2
The raw data of the COT Report can be confusing. It is better to focus only on data that is relevant to your pursuit. For me, I focus on the marked red lines.
I look at the long/short numbers for the 3 types of traders: commercials, non-commercials and non-reportables. By comparing the numbers with previous weeks numbers you are able to tell the trend of each trader class.
COT Report |
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