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.
Monday, 23 January 2012
Copper to Cash; Going for Gold and Gas
Three signals take effect on today's open of trading based on my COTs Timer strategy: cash for copper and bullish for gold and natural gas. Sorry about the last-minute update this week. I'm away in Costa Rica! Beautiful place, and very nice people, but oh so very hot! Check my latest signals table for more details on these and my other setups. Good luck this week.
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3 comments:
That's good news. 2012 has been very good for gold. Have a happy vacation. :)
Alex
Your analysis on the depth of the market is interesting. I wanted to know if you are using only excel for your signals or another graphical tool?
Hi guys,
Thanks for your kind words. Yes, Nancy, I am using Excel for signals and for much of the backtesting.
Best regards,
Alex
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