For example, a trader with a bearish bias on a currency pair based on economic data might reconsider their position if the COT report indicates significant net long positions held by non-commercials. The COT report gauges market sentiment, revealing the positioning https://www.easyequities.co.za/ of various trading groups. This information can be used to assess whether the market leans bullish or bearish, potentially leading to adjustments in trading biases. The COT report can be employed to confirm or challenge existing analyses derived from technical indicators or fundamental data. For instance, if technical analysis suggests a potential uptrend, a rise in net long positions by commercials in the trader’s COT report would strengthen this bullish outlook. The 2025 COT Report Release Schedule ensures traders have timely access to market data.
Understanding COT report data
By watching the behavior of these players, you’ll be able to foresee incoming changes in market sentiment. The Legacy and Disaggregated reports are available in both a short and long format. A rising sasol south africa limited open interest alongside increasing net longs by a particular group could signal stronger conviction and potentially larger price movements.
Traders hold positions equal
This is more useful than the statistic above because it shows you if the total open interest is owned by a few traders or a larger https://standardbank.co.za/ population. It is just a simpler way of seeing who is holding the biggest positions. The first part of the report shows the market (wheat) and the exchange that it is traded on (Chicago Board of Trade).
Focus on net positions
One thing the report does not do is categorize individual traders’ positions because of legal restraints. This is part of confidential business practices, according to the commission. Department of Agriculture’s Grain Futures Administration issued an annual report outlining hedging and speculation activities in the futures market. In the 1990s, the report moved to a bi-weekly publication before going weekly in 2000. To help you analyze important trends and movements using the Commitment of Traders reports, Tradingster.com provides up-to-date COT reports (including COT reports’ historical data) and free COT charts. The long report, in addition to the information in the short report, groups the data by crop year, where appropriate, and shows the concentration of positions held by the largest four and eight traders.
- Finally, the last section shows how much of the open interest is controlled by large traders.
- We introduce people to the world of trading currencies, both fiat and crypto, through our non-drowsy educational content and tools.
- It is collated by the CFTC from submissions from traders in the market and covers positions in futures on grains, cattle, financial instruments, metals, petroleum and other commodities.
- In this screenshot, the largest positions are held by the long swap dealers.
Data collection and analysis
This trading journal is probably one of the most powerful tools I’ve ever seen, sasol south africa especially in the unique format they provide. The left side of the first column shows the total open interest, which are the number of open contracts in that futures market. We introduce people to the world of trading currencies, both fiat and crypto, through our non-drowsy educational content and tools.
COT Forex – Data for Each Major Currency
The legacy COT simply shows the market for a commodity broken into long, short, and spread positions for non-commercial traders, commercial traders, and non-reportable positions (small traders). The total open interest is given as well as changes in open interest. The Commitment of Traders (COT) report is a summary of the holdings of market participants, published weekly by the Commodity Futures Trading Commission (CFTC). The COT report categorizes traders into groups like commercials (hedgers) and non-commercials (speculators).
Keep up the good work by creating more valuable trading products like this one sir. Browse through all categories of COT Reports, including Simplified, Detailed, Weekly Summary, and COT Data Charts. This is a graph from a third party service that makes https://www.sanlam.co.za/ it easier to see this data. The primary value of this data is being able to see when the non-commercial or “spec index” is at an extreme.
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