Hey Traders here is a quick video that explains how to use the Commitment of traders report before you make a trading decision. This is a government report that is released weekly every Friday. The report will show the institutional current futures market positions from the previous tuesday. The benefit in having this information weekly is that it will show you the current trend in the market that the Smart Money or Big Funds are holding. In my opinion these institutions are the ones that can have a large effect on the market trend. Knowing how to use this information can really benefit us in our trading.
Enjoy!
Trade Well,
Clifford