British Sky Broadcasting Group LSE - Commitments of Traders COT Proxy

British Sky Broadcasting Group LSE - Commitments of Traders COT Proxy

Judging by the Commitments of Traders Proxy (COT Proxy), the commercials are turning to be net short since December 2011. Going into 2012, looks like it is a good time to short British Sky Stock.

Note: Commitments of Traders Report are only available for futures contracts. For other instruments that do not have the COT Report, we use a proxy to simulate the real COT report. We are able to see what positions the big boys aka commercials are taking. For a detail explanation please visit these links in the order of:

1) Power of COT Report and COT Proxy
2) COT Proxy!
3) Euro FX COT Report vs COT Proxy
4) US Dollar Index COT Report vs COT Proxy
5) COT Proxy for Stocks
6) Example: Neptune Orient Lines - NOL - SGX

Comments

Post a Comment

Popular posts from this blog

Commitments of Traders Report (COT Proxy) - Larry Williams

For those of you not familiar with the Commitments of Traders Report, COT Proxy, you might want to check out this website Larry Williams Picture Perfect Trading for a brief introduction. I attended one of his Picture Perfect courses a few years ago and this was one of the things he touched on. The COT report is released by the US Commodity Futures Trading Commission where they show the open positions of traders for futures contracts. For stocks and other instruments there is no such COT report released so what the proxy has done is to simulate/gauge the open positions of these traders.
Read more

Petrochina - HKSE

Image
Petrochina - HKSE Petrochina have a sell signal on Aug 2, 2011. The commercials are net short since then. Missed that signal and only closed the position today at a lost. It is hard to keep track of all the holdings manually. My method is to scan the charts individually to see the signal. Anyone familiar with Ninjatrader and can program an automated stock scanner?
Read more