Wednesday, October 28, 2020

Commitment of Traders as of 20 October 2020

 


COT Report           Average
As of 20Oct20         Long       Short
CAD 54.69% 45.31%
CHF 52.73% 47.27%
GBP 49.06% 50.94%
JPY 55.66% 44.34%
EUR 58.80% 41.20%
NZD 72.86% 27.14%
AUD 54.12% 45.88%
USD 53.72% 46.28%
XAG 58.49% 41.51%
XAU 61.65% 38.35%

All currencies are up except of U.S. from October 14-20, 2020, and reported on the 23rd of October 2020, Friday.

The Commodity Futures Trading Commission is the one who gathers all information and regulates the trading for both currencies and commodities in the U.S. They usually release data every Friday which includes the latest data from previous Tuesdays. The Commodity Exchange Act regulates the trading of commodity futures in the United States. Passed in 1936, it has been amended several times since then. The CEA establishes the statutory framework under which the CFTC operates. Under this Act, the CFTC has the authority to establish regulations that are published in title 17 of the Code of Federal Regulations.

Commitment of Traders gives us also a blueprint where will market may lead. So what I did is, I usually download data every Saturday due to time difference between U.S. time and Philippine time, and add the long and short positions of non-commercial, commercial, and non-reportable positions. Then I convert those into percentages.

Disclaimer: Trading currency and commodity futures are risky. Trade at your own risk.

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