COT Report Analysis:
Overall we can see strong bullish sentiment in the COT.
and price will most likely continue higher- in the longterm.
Longs 91K, Short 67K We can see longs decreasing = profit taking and pullback needed
to rebuild. There is no heavy shorting = market is still Bullish , but long will be rebuild in lower
prices.
Hey what up traders welcome to the COT data and Liquidity report. This is a big part of my FX Trading. Im always trying to trade with the Big players so knowing their positions is good thing.
Please be aware that institutions report data to the SEC on Tuesdays and data are reported on Fridays - so again we as retail traders have disadvantage, but there is possibility to read between the lines. Remember in the report is what they want you to see, that's why mostly price reverse on Wednesday after the report so their cards are hidden as long as possible. However if the trend is running you can read it and use for your advantage.
I created this simple free indicator which you can find in the my scripts. It's highlighting the day of the real report - Tuesday.
Here is the tip if the level has confluence with the high volume on COT it can be strong support / Resistance.
Analysis done on the Tradenation Charts
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
"Adapt what is useful, reject what is useless, and add what is specifically your own."
— David Perk aka Dave FX Hunter ⚔️
Overall we can see strong bullish sentiment in the COT.
and price will most likely continue higher- in the longterm.
Longs 91K, Short 67K We can see longs decreasing = profit taking and pullback needed
to rebuild. There is no heavy shorting = market is still Bullish , but long will be rebuild in lower
prices.
Hey what up traders welcome to the COT data and Liquidity report. This is a big part of my FX Trading. Im always trying to trade with the Big players so knowing their positions is good thing.
Please be aware that institutions report data to the SEC on Tuesdays and data are reported on Fridays - so again we as retail traders have disadvantage, but there is possibility to read between the lines. Remember in the report is what they want you to see, that's why mostly price reverse on Wednesday after the report so their cards are hidden as long as possible. However if the trend is running you can read it and use for your advantage.
I created this simple free indicator which you can find in the my scripts. It's highlighting the day of the real report - Tuesday.
Here is the tip if the level has confluence with the high volume on COT it can be strong support / Resistance.
Analysis done on the Tradenation Charts
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
"Adapt what is useful, reject what is useless, and add what is specifically your own."
— David Perk aka Dave FX Hunter ⚔️
I teach a unique CLS Market approach. and provide a highly accurate signals.
🛡️ Websites: linktr.ee/davidperk
🛡️ Telegram: shorturl.at/Whyqe
🛡️ Results: bit.ly/4kNdLQ3
🛡️ Websites: linktr.ee/davidperk
🛡️ Telegram: shorturl.at/Whyqe
🛡️ Results: bit.ly/4kNdLQ3
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I teach a unique CLS Market approach. and provide a highly accurate signals.
🛡️ Websites: linktr.ee/davidperk
🛡️ Telegram: shorturl.at/Whyqe
🛡️ Results: bit.ly/4kNdLQ3
🛡️ Websites: linktr.ee/davidperk
🛡️ Telegram: shorturl.at/Whyqe
🛡️ Results: bit.ly/4kNdLQ3
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.