Here’s how to find the Commitment of Traders report online.
Open up the address below in your web browser. (http://www.cftc.gov/marketreports/commitmentsoftraders/index.htm)
Once the page has loaded, scroll down a couple of pages to the “Current Legacy Report” and click on “Short Format” under “Futures Only” on the “Chicago Mercantile Exchange” row to access the most recent COT report.
It may seem a little intimidating at first because it looks like a big giant gobbled-up block of text but with a little bit of effort, you can find exactly what you’re looking for.
Just press CTRL+F (or whatever the find function is of your browser) and type in the currency you want to find.
To find the British Pound Sterling, or GBP, for example, just search up “Pound Sterling” and you’ll be taken directly to a section that looks something like this:
Yowza! What the heck is this?! Don’t worry. We’ll explain each category below.
If you want to access all available historical data, you can view it here.
You can see a lot of things in the COT report but you don’t have to memorize all of it.
As a budding trader, you’ll only be focusing on answering the basic question:
“Wat da dilly on da market yo?!”
Translation: “What’s the market feeling this week?“