Commitments of Traders : Strategies for Tracking the Market and Trading Profitably

Commitments of Traders : Strategies for Tracking the Market and Trading Profitably Description

A trader might possibly foresee major changes in price direction by studying commercial activity and observing its behavior. Author Floyd Upperman demonstrates how to achieve this aim by utilizing the Commitment of Traders (COT) data. He expertly demonstrates how to divide COT data into producers, consumers, and funds so that you can comprehend the positions and actions of these major market actors. Furthermore, he explains how to monitor COT activity in order to uncover position imbalances that might be precursors of large trend shifts, as well as his approaches for integrating standard price technical analysis with COT data.

Here’s what you will learn in this book:

• Ability to predict market direction
• The author’s one-of-a-kind analytical interpretations, along with his trading tools and indicators, make for a compelling package.
• Ability to segment COT data into producers, consumers, and funds in order to comprehend the positions and actions of these important market players