Market Price Movement does not apply any principles of Technical Indicators like Fibonacci Ratio, Elliot Waves, Relative Strength Index etc. It is fully based on what majority of traders think and price moves in that direction. According to theory book, it is called Supply and Demand, which most of traders know, however only few of them apply it. Interaction of Buyers and Sellers determine price movement, and also it tells future price move.In this article, I am uncovering rules of Supply and Demand, and how to predict future price sentiments in long term.Introduction : CoT (Commitment of Traders)CoT report contains open interest, Long and Short positions data of market, in which trader hold position equal to or above to the reporting level established by CFTC, in three groups of positions, and these are classified into following groups:Commercial : Organizations, Companies etc. (Also called as Hedgers to protect their business capital)Non-Commercial : Large Speculators, Hedgers, Investors etc.Non-Reportable : Small Investors, Retail Traders like us etc.This report is published by Commodity Futures Trading Commission (CFTC) every Friday around 3:30 PM Eastern Standard Time (EST), a…
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