Websites - http://www.cftc.gov/MarketReports/Commit...
Commitment of Traders Data = (abberiviation)
These data are released on Friday of Each Week after Market Closes. They are based on Positions as close of Tuesday of that week. These are compiled to show 3 main groups which are:
Commercials = Banks, Broker/Dealers (Hedging the Risk), Producers, Wholesalers, Or Commodity Users – Either looking to Hedge Risk or Receive or Send Delivery
Speculators – which are:
Non-Commercials = Money Managers, Hedge/Leveraged Fund Mangers, who are Speculators and are not looking to for delivery or receiving one on settlement day
Non-Reportable = Still large traders, but a whose positions falls below the threshed to be classes as Non-Commercial
Non-Commercials have Research Departments manned by Fundamental and Technical Analysts. These are then use by their trader. Therefore their positions reflect both the Fundamental and and can be viewed as Hybrid.
Their sudden change from week to week of significant amount or percentage and their overall net long or short compared with historical behaviour can be used as what might be deemed as relative extreme together with Open Interest and can provide interesting and useful insight in the strength of the trend or possible reversal.
See the linked EURUSD chart and a video publication of Oil for further details on how I have used them. Below is a link of examples of the weekly data released for for respective Instrument: https://drive.google.com/file/d/1YFzdADw...
I hope it will helps you in your own application of this to your .
Thank you for viewing my video and welcome comments or questions.
I still have some questions.. Why would the non commercials have LONG and SHORT positions open in the same currency? Is this due to different firms all falling under the heading of NON COMMERCIAL ,interpreting their data from various sources they utilise in different ways. Hence company A arrives at a SHORT position for the EURO. Company B arrives at a LONG position for the EURO. Its just the way each has interpreted the data arriving at an overall position thats differing?