Resolved Question
How can i get the forex COT report and How to use it ?
about 1 year ago
Best Answer - Chosen by Asker
YOu can get the report on CFTC.GOV. But using the actual data is useless because the data is lagging like an indicator. The report is put together on tuesdays but is actually allowed to the public on fridays. Remember real trading happens in the (NOW), not from the past or the future. Stay with the market. If your too much into the past you'll miss now, if your too much into the future you'll be too early and miss now and end up loosing. Remember all markets are NOW!!!!!!
about 1 year ago
Answers (2)
Hey there!
The BabyPips School of Pipsology actually has a whole section on this. It has a step by step process on where and how to use the COT report to help you trade. Take a look!
about 1 year ago
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The link I posted below should help you find the COT report. It'd help you gauge market sentiment by showing the net long and short positions in the futures market. Looking at the extreme net long and short positions, it could also help you predict reversals.
about 1 year ago
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