The market has feelings too, you know. Get ready to learn all about market sentiment!
Market Sentiment
Every trader has his own opinion about the market. The combined feeling that market participants have, that’s what you call market sentiment, young Padawan.
Commitment of Traders Report
Gauging market sentiment may not be as difficult as you think. The Commitment of Traders (COT) report can be a clue on whether the market is bearish or bullish.
How to Find the COT Report
Now let’s get to the juicy part. How do you get a hold of the COT report? It’s as easy as 1-2-3, baby!
Understanding the COT Report
Meet the different playas in the futures trading field: hedgers, large speculators, and small speculators!
How to Use the COT Report for Trading
The COT report looks like a giant gobbled-up block of text. But don’t fret! There’s actually a pretty simple way to use it.
How to Pick Tops and Bottoms With the COT Report
When the market sentiment shifts, should you go with the speculators or the hedgers?
How to Create Your Own COT Trading Indicator
Studying the School of Pipsology is about to get sweeter! Are you ready to create your very own COT indicator?
How to Interpret the COT Report
Put your thinking caps on because we’re gonna get down and dirty with the numbers to calculate for the percentage of speculative positions!
Summary: Market Sentiment
Keep in mind that although the COT report is a spankin’ sweet tool to use in gauging market sentiment, it does not always correlate to reversals.
