The COT report is released every Tuesday, and the chart is refreshed every Friday at 3 pm Central Time. The report provides a breakdown of open interest in futures markets, distinguishing between commercial and non-commercial traders, and small traders. https://g-markets.net/ Another way to analyze market sentiment using the COT report…
For example, if you see a bullish setup (say a hammer pattern at a support level) on the price chart, you may look for a growing net long position among commercial traders to confirm your bullish bias. On the other hand, traders should be aware that the COT report is…
Existing traders can earn up to $250 for each person who registers and deposits using their link and the new client will also be rewarded with a one-time welcome bonus. In our review of FXChoice, we discovered a well-rounded Forex and CFD broker, which offered currency pairs, commodities, indices, and…
Many investors will proclaim a particular combination to be the best, but the reality is, there is no "best" moving average combination. In the end, forex traders will benefit most by deciding what combination (or combinations) fits best with their time frames. From there, the trend—as shown by these indicators—should…
Indicators that follow trends, as the name suggests, are designed to take advantage of market trends. Examples of these include moving averages (Mms), the average directional index (ADX), and on-balance volume (OBV). However, one that is useful from a trading standpoint is the three-day relative strength index, or three-day RSI…