So. Market sentiment together with COT report are behind us. I am sure that although you have learned a lot of interesting and VERY useful stuff you are going to look for ways to avoid COT report and all of the calculations altogether.
And I am not judging you.
- As forex traders, our main task is to know what markets are doing and how they are feeling;
- One way to know that is via the Commitment of Traders Report;
- By understanding the actions of commercial traders, non-commercial and retail traders we can see better positions and look for tops and bottoms;
- Every market top or bottom goes together with sentiment extreme, but not every sentiment extreme goes with market top or bottom.