COTs Timer

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.

Saturday, 26 July 2008

Dow Goes Bearish, Crude and Natural Gas to Cash

A few interesting new signals for execution on Monday's open from Friday's Commitments of Traders data, including bearish for the Dow and cash for crude and natural gas. Check out my latest signals page table for all the gory details. Note that I will not be going short the Dow as the majority of the markets I follow that are highly correlated with the Dow are not leaning in the same direction. The Russell 2000 is in cash, while the BKX Bank Index is bullish. I don't currently have a position on for the previous Dow long signal, so there's no position to sell. I'm on vacation, so apologies for the truncated report. Good luck next week.

3 comments:

Anonymous said...: i could have told you to sell oil without any system, too. the price dropped by 15% recently. one doesn't need a trading system to figure this out.; 28 July 2008 at 04:58
Anonymous said...: Alex,

have you checked out

http://www.cftc.gov/marketreports/commitmentsoftraders/index.htm

for the changes in the energy sector?
This probably influences on your backtested results...

Andreas; 7 August 2008 at 07:11
Anonymous said...: Alex,

have you checked out

http://www.cftc.gov/marketreports/commitmentsoftraders/index.htm

for the changes in the energy sector?
This probably influences on your backtested results...

Andreas; 7 August 2008 at 07:13

About This Site

I am an active trader and award-winning investigative journalist based in Lac Brome in Quebec's Eastern Townships, just outside Montreal. I have written about investing and business for The Montreal Gazette, Investor's Digest of Canada, Technical Analysis of Stocks & Commodities, Futures & Options Trader, The Financial Post and others. I am not a certified financial advisor and am still refining my COTs Timer system. Please see more disclaimer information below. See my complete profile at the "Intro to COT" link above.

DISCLAIMER

I created this blog to record my personal, subjective observations about the markets, solely for my entertainment and that of interested readers and to foster research. Nothing on this blog should be construed as financial advice or an offer or recommendation to purchase or sell any security. I encourage anyone interested in the markets to do your own homework and/or consult a professional advisor. I am not a certified financial advisor and am still refining my trading system. I reserve the right to modify or stop publishing aspects of my system at any time or to delay updating my tables for whatever reason, or I may not do so in a timely manner. My system has resulted in very large drawdowns in some trades. Past backtested and real-time results are no guarantee of future performance. I will not be liable for any losses or damages of any kind that result from the content of this site. Although I consider the data, calculations and information on this blog to be reliable, I can't make any guarantees and won't be held liable or responsible for anything erroneous on this website. You are solely responsible for implementing safeguards of your data and system when you use this site and its content and links. It is up to the user of this site and content to protect yourself from worms, trojan horses, viruses and the like. I may hold positions in some of the securities mentioned in this blog.