FX Studies is FXstreet’s customizable page with a wide selection of technical studies, fundamental data, tools and content filters. It is made of more than 40 widgets that the user can add to his/her own dashboard. All are adjustable to the trader’s time horizons, currency pairs and trading style.
We’ve recently added 6 new widgets that are based on the CFTC Commitment of Traders report. This represents one of the most complete CoT study tools available for free on the internet.
What is the CoT report?
The CoT is a report published every Friday by the Commodity Futures Trading Commission (CFTC) that seeks to provide investors with up-to-date information on futures market operations. It provides valuable information about changes in the position commitments of various types of investors, breaking down the open-interest positions of all major contracts that have more than 20 traders. These reports are used to help determine the likelihood of a trend continuing or change.
6 new widgets
The CoT studies we have developed are at your disposal at the FXstudies section for currencies, as well as for indices, commodities and bonds. These studies include:
The Open Interest, which is the number of options and/or futures contracts that are still operative (not closed or delivered) at the end of a trading day.
The Net Positioning amount showing the change in the weekly net long/net short data of non-commercials, commercials and non-reportables.
The Net Positioning study is also available in a multi-pair widget, allowing comparisons between several assets among one same group of market participants.
The CoT Long/Short Ratio, which measures the proportions of longs and shorts for each group of traders. Sometimes the CoT net positioning reaches historical extremes, but it does not show whether the proportion of buyers and sellers is also at an extreme.
A Chart of Longs and Shorts is also available in order to break down the contract numbers for the commercials and non-commercials. It informs as to which group contributed the most to the changes in the CoT Net Positioning.
And finally a CoT Oscillator which tells us how each group of traders is positioned relative to its historical highs and lows.
Where to find them?
We have created a Tab for you with all the CoT widgets. Accept and it will create a new tab on your FX Studies that will be called “Shared Tab”, but you can rename it as “CoT Studies” or whatever name you prefer. Note you need to be logged in on our website to be able to use FX Studies.
You will find these 6 news widgets under the ADD WIDGETS orange button, where all the 43 widgets we have at the moment are available. These 6 new widgets are under the “Sentiment” category.
These 6 widgets are customizable. You can for example choose the type of contract, pairs or traders type group so the widget shows the information that is the closest to your needs.
Here is an example of the edit options of the COT Total Open Rate widget:
If you like our widgets, don’t hesitate to use the “Share” option to let your friends discover them!