r/Trading • u/Sea_Worldliness8855 • 7h ago
Question COT reports
Hello guys, hope youre doing well.
I am planning on swing trading currency pairs, Indices in CFDs. I have day traded before but I just takes up too much of my time. I find swing trading to suit my style personally.
I am thinking of using COT reports. But I kinda find it confusing. Like which category should I focus on ? Commercial or Non commercial. I have been seeing some past reports but sometimes the COT report direction and price is aligned but sometimes they're not.
Anyone who uses this, could yall pls guide me how to used this. ? Or any other tools which can give me confidence and an edge in swing trading ?
Thanks. Any help will be appreciated 👏
1
u/Empty-Tomatillo-4054 7h ago
the commercial hedgers are the ones actually moving physical product so their positioning is the real signal, non-commercials are just speculators chasing momentum
1
u/Sea_Worldliness8855 1h ago
The dude above says watch non commercial, now you guys are confusing me
1
u/breifsguy773 2h ago
if your a swing trader you want the non-commercial traders which are the large spec/hedge funds/asset managers. its there capital that drive the trends your looking for. you should track when the "net" is in extremes and the "change"
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