How to use the CFTC weekly COT report

The COT report can be extremely confusing for novice traders, as the data is presented in several different formats and in addition of course, the CFTC have recently changed the reporting categories in an attempt to provide further transparency in the futures market. Whilst this...

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COT Report – Recent Changes By The CFTC

Mention the word COT report to a group of traders and investors, and you will generally be met by one of three reactions. First, there are those traders who have never heard of the report or the CFTC. Second are those who have, and having...

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Open Interest British Pound 21 February 2010

Open interest in the British Pound increased dramatically last week moving strongly from 95,700 contracts of 2 weeks ago to 119k of 16th February, and as clearly evidenced on the weekly COT chart continues to increase from the low of mid December at 72k.  With...

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Gold – Weekly COT Index 30th March 2009

No real change since last week other than commercials still selling into a rising market, although the volume of contracts has substantially reduced in the futures market since this time last year.  As an example this time last year  the total number of positions was...

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COT Index – GBP Pound 30th March 2009

Everything I say may appear slightly contrarian when viewed using the COT index as an indicator but the British Pound is a good example at present which I hope will make the point with a little explanation.  At present the Commercial futures holders are net...

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