Ever wonder what the smart money is doing in the markets? You don’t need to pay big bucks to find out. Just read the Commodity Futures Trading Commission’s free weekly Commitments of Traders report. The CFTC’s COT data is a Holy Grail of market info, listing trillions of dollars in positions in 200+ markets – gold, crude oil, natural gas, silver, forex, equity indexes and lots more. My trading system, which I posted about here for seven years, gave weekly trading signals based on the COT data.
Wednesday, 23 January 2008
Stories: Bullion Highs, Market Woes
You can check out my take on precious metals and the woe-begotten greenback in my piece for Kitco, titled "Bullion Boom Still Has Legs" (click here). I've also just posted on my Financial Stories webpage a story I did in Monday's Montreal Gazette on the current market craziness, titled "Riding Out the Market Mayhem." (Click the link in the Navigation bar on the right.)
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2 comments:
Alex,
hello..can I ask you..when did you start this system based on the COTs data issued weekly by U.S. Commodity Futures Trading Commission ? How old is your system ?
Thank you
Paris
Hi Paris,
I've been studying the COTs data for several years, but I first started to test it in the summer and fall of 2006 with serious backtesting as described on the "How I Discovered It" page. I put on my first trades based on the signals in early 2007.
Take care,
Alex
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