My pleasure. Thanks for creating such a great platform. The convenience your platform brings to COT Analysis is second to none.

Glad it helped

Glad you find it helpful.

You're welcome.

You're welcome.

You're welcome.

You're welcome

You're welcome

Appreciate it

You're welcome

Go for it!

You're welcome.

You're welcome... I appreciate you sharing your approach to reading the COT report, and I'm sure many others will find it valuable. Thank you once again for your contribution, and I wish you continued success in your trading endeavors.

The futures contract only shows the base currency. If you want both base and quote, look at the COT under Currencies instead of futures.

Not really... it takes weeks for smart money to accumulate their position.

You're welcome. You'll need to combine it with Market Structure and Draw on Liquidity for Daily Bias.

ICT True day

It's yet to be published on Tradingview.

Just find a difference btwn the contracts...if its negetive, u look for shorts, if positive look for longs

but its 1 week delayed, meaing u should see where the weekly Draw on Liquidity is in confluence with the legacy report@@sibonelelohlatshwayo7753

That's a crack in correlation. You have to study DXY to determine the actual direction.

It doesn't have to show a negative.. what you need to consider is the activity of the commercials over the last 6-12 months. Is their net position increasing or decreasing

Yes, the data is delayed this week. A notice was published by CFTC last Thursday. An ongoing issue with a third-party service provider is impacting some reporting firms’ ability to provide the Commission with timely and accurate data. As a result, the Commitments of Traders report for publication date February 3, 2023, will be delayed. A report will be published upon receipt and validation of data from those firms.

Not sure I understand your question. If you can please clarify.

ICT True Day and Asia Range Indicator

I understand your concerns about the COT report, but as someone who has been trading in the FX markets for a considerable time and personally finds immense value in the COT report, let me try to shed some light on its significance. You're right that the COT report is lagging data since it reflects positions that have already been executed. However, its value lies in providing insights into the activities of commercial traders, who are typically long-term/positional traders rather than day traders. This long-term perspective can be very helpful in identifying potential changes in trend that may last for weeks to even months. While candle charts do show the historical price action, they don't provide information about the positioning and sentiment of commercial and non-commercial traders. The COT report offers a unique perspective on the market sentiment of these large traders, who often have significant influence on the market direction. When you combine the COT data with candle chart analysis, you get a more comprehensive view of the market dynamics. It can help you confirm or contradict your technical analysis and potentially identify strong trends that might not be immediately evident on the price chart alone. It's true that some traders may not fully grasp the value of the COT report, and it may not be suitable for everyone's trading style. However, for those who understand its implications and know how to interpret it correctly, it can be a valuable tool to gain an edge in the market. Remember that no single tool or indicator is foolproof, but incorporating multiple perspectives into your analysis can enhance your decision-making process. The COT report is just one piece of the puzzle that, when combined with other analytical methods, can lead to more informed trading decisions. I encourage you to explore and experiment with the COT report in your trading strategy. It may take some time to fully grasp its potential, but once you do, it could become a valuable asset in your trading toolbox. Wishing you success in your trading journey!

Yeah... the data is yet to be updated. It's usually updated weekly but the past 2 weeks haven't been released yet by CFTC.

Check what the commercials (Smart Money) have been doing in the last month and relate it with Market Structure. If they've been accumulating more shorts and price is at a premium, it's more ideal to look for shorts and vice versa for longs.

@@paradigmcharts kalau bulanan sepertinya bandingkan saja data akhir bulan ...karena data akhir bulan adalah akumulasi dari data tiap minggu ..

The Non-commercials are generally trend followers. They are always wrong when it comes to determining Market tops and bottoms while the Commercials are usually always right. While the Non-Commercials are also important players, I believe it's more important to pay attention to the commercials' positions because commercial traders are typically considered the "smart money" in the market. They are the ones who are engaged in the production, processing, and distribution of the underlying commodity or financial instrument, and they have a more intimate understanding of the market's dynamics and the underlying supply and demand fundamentals. Therefore, when interpreting the COT report, paying attention to the commercials' positions can provide a better understanding of the market's long-term trends and potential price movements. Their actions in the market are often driven by real-world factors such as changes in global supply and demand, geopolitical events, or other global patterns, which can have a more significant impact on the market than short-term speculators' actions.

@@paradigmcharts menurut saya sangat bagus memperhatikan keduanya, Data Trader Commercial di gunakan untuk antisipasi pertukaran , sedangkan Data Non -Commercial di gunakan saat trend sedang berjalan ....jadi keduanya saling melengkapi .....Trima kasih penjelasan anda tentang Net Position trader Commercial di Barchart ....sudah lama saya cari cari penjelasan seperti ini. trima kasih

I agree with you but I'll try to apply his interpretation of the concept and see where it leads.

It doesn't matter if it's positive or negative. What matters most is the trend. Is it becoming more positive or is it becoming more negative?

ICT Trueday 2.0

@@paradigmcharts thank you

Yes, you can. They tend to play out for several weeks.

It works so shutup

It's because of people like you I stopped sharing my knowledge publicly. I've passed multiple funded challenges and I've made money off it consistently for years. Trading is intricate and multifaceted, and it's crucial to recognize that your interpretation of the COT hedging program doesn't necessarily invalidate alternative approaches. If you believe there are inaccuracies, I encourage you to provide specific points of contention and engage in a thoughtful discussion about the differences in your perspective. Several people have applied it and can attest to it's effectiveness. Have you tried it to see if it works or not?

Fr like he literally uses commercials data proportionally, that’s the opposite way man… like who positively correlate with hedgers? Why are you even using it on such a huge decentralized market like currencies? Its meant for the commodities primarily. Do you think a 25k CME futures contracts can evaluate a whole currency like CAD?

​@FermanEduServices I pointed it out and one of the unprofitable trader told me to shut up. I really want to see his trade results in correlation with him using this COT data the way they are taught here.

​@@paradigmcharts I don't know if you'd like if I sent you a link to one of ICT lectures exactly on how to use COT but you have his youtube link.

can u explain what u mean by 26/6 month please?

Absolutely, it's a bit of a departure from how ICT does things. If you dig into some research, you'll see that ICT's approach is just one in a sea of maybe hundreds, if not thousands, of other ways people interpret the data. I'm giving props to ICT because that's where I first picked it up.

There isn't one way of interpreting market data. ICT is not the end all. The way ICT teaches is ONE method. You can most definitely use his methods and modify them to suit your approach and preferences.