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View Full Version : Please - Can Someone Explain the "Commitment of Traders" Report ?



gunDriller
24th May 2010, 04:11 PM
The Commitment of Traders (COT) report is a list that summarizes various traders' positions in the precious metals market.

I will paste one week's worth below. I have a feeling that there is a correlation between what is buried in the COT and related reports, and the recent uptick to $1230 - $1240 for gold and the subsequent price retreat. I would like to understand these price movements better.

http://www.cftc.gov/MarketReports/files/dea/history/hist_other_lof.htm

linked to from
http://www.cftc.gov/marketreports/commitmentsoftraders/index.htm

The COT List looks to be a summary. Where could I obtain a more detailed list, that shows buy and sell offers and related information at every price point ? Is this information that is normally only shared with metal traders and organizations that pay a fee to the exchange ?


SILVER - COMMODITY EXCHANGE INC. Code-084691
Disaggregated Commitments of Traders - Options and Futures Combined, August 25, 2009
-------------------------------------------------------------------------------------------------------------------------------------------------------------
: : Reportable Positions : Nonreportable
: : Producer/Merchant/ : : : : Positions
: Open : Processor/User : Swap Dealers : Managed Money : Other Reportables :
: Interest : Long : Short : Long : Short :Spreading : Long : Short :Spreading : Long : Short :Spreading : Long : Short
-------------------------------------------------------------------------------------------------------------------------------------------------------------
: : (CONTRACTS OF 5,000 TROY OUNCES) :
: : Positions :
All : 134,794: 10,888 57,834 14,634 14,742 9,025 26,074 2,078 13,614 10,435 2,090 24,126: 25,999 11,285
Old : 134,794: 10,888 57,834 14,634 14,742 9,025 26,074 2,078 13,614 10,435 2,090 24,126: 25,999 11,285
Other: 0: 0 0 0 0 0 0 0 0 0 0 0: 0 0
: : :
: : Changes in Commitments from: August 18, 2009 :
: -1,403: 590 1,858 -82 -1,445 -2,321 603 -164 428 -220 -971 -313: -89 1,525
: : :
: : Percent of Open Interest Represented by Each Category of Trader :
All : 100.0: 8.1 42.9 10.9 10.9 6.7 19.3 1.5 10.1 7.7 1.6 17.9: 19.3 8.4
Old : 100.0: 8.1 42.9 10.9 10.9 6.7 19.3 1.5 10.1 7.7 1.6 17.9: 19.3 8.4
Other: 100.0: 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0: 0.0 0.0
: : :
: : Number of Traders in Each Category :
All : 157: 17 22 14 8 14 45 10 18 28 23 32:
Old : 157: 17 22 14 8 14 45 10 18 28 23 32:
Other: 0: 0 0 0 0 0 0 0 0 0 0 0:
:-------------------------------------------------------------------------------------------------------------------------------------------------------
: Percent of Open Interest Held by the Indicated Number of the Largest Traders
: By Gross Position By Net Position
: 4 or Less Traders 8 or Less Traders 4 or Less Traders 8 or Less Traders
: Long: Short Long Short: Long Short Long Short
:----------------------------------------------------------------------------------------------------
All : 16.6 43.8 25.0 56.4 8.2 37.3 13.7 43.5
Old : 16.6 43.8 25.0 56.4 8.2 37.3 13.7 43.5
Other: 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

MAGNES
24th May 2010, 04:16 PM
You should be looking at the charts, not what you are looking at above.

Key analysts discuss the COT and what it means, it is rather simple.

Yet so many dismiss it.

Go see my thread in PM section.

I have said more about the COT than anyone here.
And on GIM too near the end.

http://www.cotpricecharts.com/commitmentscurrent/

We used to watch TOCOM way back , the banksters moved
their operations out for that reason, right now I don't even
trust the COT for various reasons, but that is all there is
and we only get it weekly and not timely, offset by 3 days,
why is this significant, look at OI and trading, a lot can
happen in between reports, Butler even wrote about how
they wanted to make it a secret, no COT, etc .