This week we get to understand a very important part of Trading - COT Reports. Each day I'll post further information and on Friday we're going to look at the latest Reports and analyze them!
What is COT Report and how to use it to your advantage in trading?
The Commitments of Traders reports are released at 3:30 p.m. Eastern time. The Futures Only reports and Futures and Options Combined reports are usually released on Friday. The release usually includes data from the previous Tuesday. What it does is break down the amount of buying and selling done by three groups: Commercials, Large Traders, and Small Traders.
In other words, you really can find out each week exactly what the big guys have been doing in the marketplace... but it's not quite that easy. Tomorrow we explain why.
Stay tuned!
Stay tuned!
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