Where Can I Get a COT Report?

The Commitment of Traders report can be found online in the following ways.

1st step:

In the web browser you are using, go to the following address.

https://www.cftc.gov/MarketReports/CommitmentsofTraders/index.html

Step 2:

After the page has come up, scroll down to the “Current Legacy Report” and click on “Short Format” under “Futures Only” on the “Chicago Mercantile Exchange” row to get the most recent COT report.

Step 3:

It may seem scary at first because it seems to be a large, gobbled-up block of text, but with a little effort, you can get correctly what you need.

Just hit CTRL+F (or whatever your browser's find function is) and type in the currency you're looking for.

For example, to find the British Pound Sterling, or GBP, just search for “Pound Sterling” and you'll be led to a section that looks like this:

What the hell is going on here？! Don't be concerned. We'll go over each category in detail below.

• Commercial: These are large corporations who make use of currency futures to hedge and protect themselves from excessive exchange rate volatility.

• Individual traders, hedge funds, and financial institutions make up the non-commercial sector. Traders who are looking for speculative gains make up the majority of this group. In other words, these are traders like you who are only interested in making money!

• The number of long contracts submitted to the CFTC is this.

• Short: This is the number of short contracts disclosed to the Commodity Futures Trading Commission (CFTC).

• Open interest:This column shows the number of contracts that have yet to be executed or delivered.

• Number of trades: The total number of traders that are needed to report positions to the CFTC is given here.

• Reportable positions:The amount of options and futures holdings that must be reported to the Commodity Futures Trading Commission (CFTC).

• Non-reportable positions: The number of open interest positions that do not fulfill the CFTC's reportable rules, such as those held by retail traders.

If you want to see all of the available historical data, go here.

The COT report contains a lot of information, but you don't have to memorize it all.

As a novice trader, all you'll be concerned with is answering the query,

“What da dilly on da market yo？”

Translates as “How is the market this week？”