The Live COT Data is a must-have for all traders. It is a real-time data service that provides valuable information on the positions of commercial and non-commercial traders in the US futures markets. The data is updated every Friday afternoon and is available free of charge. The Live COT data is a valuable tool for traders because it provides insight into the positions of other market participants. This information can be used to make informed trading decisions and to find potential trading opportunities.
What is COT data?
COT data is the Commodity Futures Trading Commission’s weekly report on the positions of traders in the US futures markets. The report is released every Friday afternoon and covers the previous week’s trading activity.
The report provides information on the number of contracts held by each category of trader, as well as the net position of each category. This information can be used to get a sense of how the market is currently positioned and what the potential for price movement might be.
The COT report is not without its critics, who argue that it is a lagging indicator and that it only provides a snapshot of the market at a specific point in time. However, many traders find the COT data to be a valuable tool in their trading arsenal.
What are the benefits of using COT data?
The Commodity Futures Trading Commission’s (CFTC) weekly Commitment of Traders (COT) report provides information on the size and direction of the positions held by different groups of traders in the futures markets. The report is released every Friday afternoon and covers the data from the previous Tuesday.
The report is separated into three main sections:
1. Legacy report
2. Disaggregated report
3. Financial TFF report
The Legacy report groups together all the data from the disaggregated report, making it easier to see the big picture. The disaggregated report breaks down the data into smaller categories, making it easier to see the details. The financial TFF report covers the data from the financial futures markets.
The COT report is a useful tool for traders because it provides insight into the positioning of different groups of traders. It can be used to gauge market sentiment and to make trading decisions.
Some of the benefits of using COT data are:
1. You can get an idea of how different groups of traders are positioned in the market.
2. You can see howSentiment has changed over time.
3. You can use the data to make trading decisions.
4. The data is released every week, so you can stay up-to-date on market developments.
How can traders use COT data?
The Commitment of Traders report is a weekly report released by the Commodity Futures Trading Commission that provides data on the open interest of futures contracts for each commodity. The report is broken down into three categories: commercial traders, non-commercial traders, and non-reportable positions.
Commercial traders are generally considered to be the “smart money” because they are the ones who are actually involved in the physical commodity. Non-commercial traders are generally considered to be the “dumb money” because they are generally small speculators who are trying to pick a top or bottom in the market. Non-reportable positions are generally considered to be the positions of small retail traders.
The COT report can be a valuable tool for traders because it can give you an idea of how the big players in the market are positioned. If the commercial traders are net long, it is generally a bullish sign. If the commercial traders are net short, it is generally a bearish sign.
The COT report can also be used to help you time your entries and exits. If the commercial traders are net long and the non-commercial traders are net short, it is generally a good time to buy. If the commercial traders are net short and the non-commercial traders are net long, it is generally a good time to sell.
The COT report is released every Friday at 3:30pm EST. You can access the report for free on the CFTC website.