COT Report for Forex

Guides to the COT report

• COT Report Explained: Which of the Four CFTC Reports to Read

  COT report explained: the four Commitments of Traders reports the CFTC publishes, which to read for forex and for commodities, and where Legacy misleads.

• What Is COT? The Commitments of Traders Report

  What is COT? The Commitments of Traders report is the CFTC’s weekly count of who holds US futures positions, by type of trader, released on Fridays.

• COT Data Reversals: Reading Crowded Positioning

  COT data reversals: how to judge from the CFTC’s positioning data when a currency trend is crowded and vulnerable, and why the report cannot time the turn.

• COT for Gold Traders: How to Read the Gold COT Report

  COT for gold traders: how to read the CFTC’s Disaggregated report for COMEX gold, why its big commercial short is mostly swap dealers, and what it tells you.

• What Is Net Positioning in the COT Report?

  What is net positioning? One group’s long futures contracts minus its short ones, from the COT report: which way that group leans in a market, and how hard.

• What Is Open Interest in Futures?

  What is open interest? The number of futures contracts entered into and not yet closed: whether money is entering or leaving a market, and how big it is.

• What Is a Z-Score? Positioning Against Its Own History

  What is a z-score? How many standard deviations a value sits from its average: in COT data, how stretched a net position is against its own history.