Gonçalo Moreira, CMT and FXstreet.com Content Advisor, will host a free webinar on MoneyShow.com to teach how forex traders can use the CFTC’s Commitments of Traders (COT) report to find details on positioning and volume. In this online workshop to be hosted on Wednesday June 5, Gonçalo will show you how you can turn the raw data provided by the CFTC each Friday into meaningful indicators that can indicate a shift in sentiment or even to trigger a trade entry or exit. Currency COT charts are particularly useful because you can use them to infer sentiment in related markets. For example, a falling USD/CAD is likely bullish for oil, while a falling AUD/USD is probably bad for gold.
Leveraging the insights you learn from this session can help you identify key trends and reversals that could lead to more consistently profitable trades.
That will be on Wednesday, June 5 at 8:30 am Eastern / 12:30 pm GMT
FXstreet.com made a partnership with MoneyShow to organize and offer you this special webinar. With 1,500 contributors, MoneyShow.com features daily market insights and discussions on the hottest topics of interest to our audiences, direct from some of the most respected names in the industry, many of whom appear at our tradeshows.