COT: The precious data ignored
{quote} Platinum Follow up -: If you wanna know what the Shorts are doing .... you do the math. Price in Consolidation. If its gonna break , which way do you think it's gonna go ? {image}
{quote} Looks can be deceiving ? See if you can follow where I'm going with this . Lol. The Swap Dealers position as you say " are acting on their own" . It depends on how you look at it. Chart #1 has Net Money Managers ( blue ) , and the Swap Dealers (purple ) are Inverted on the chart , highlighting the correlation or Neg correlation of the two. Apart from the March 27th report when the Swap dealers increased their Net position , they look pretty similar and in sync. Chart #2 is when I add the Producers Net position , Inverted , all looks pretty...
{quote} Very good post, very good analysis, keep them coming Here is my contribution to your post, let me know what you think ? {image} Look at the 6 signals (red circles). ALL market participants were in sync, producers/swap dealers very shorts, while money managers were buying too much on top. But look at today, swap dealers are acting on their own, they are not shorting at all. What do you think? Its the only thing preventing me from shorting. I may be totally wrong though And if you have other analysis for currencies (eur, gbp, jpy) or commodities...
{quote} where did you get the graphics can you be so kind to give it to me I like them I want to study it more thoroughly
{quote} ok although I don't think you're going to only look at COT, it would be poor or lacking in fundamentals
{quote} ok, what if you also add Dow J. to the platinum chart?
