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The COT Report (Why Did EurUSD Fall?) Part 3 of 3

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C.O.T. is an acronym for Commitment of Traders. It is a report that contains a weekly overview of how participants of the futures markets in the U.S. have traded. The report contains all the positions of the main market factors in the United States. Why Did EurUSD fall during the latest COT Report from 8/3/21 to 8/10/21 (date period)- came out Friday on 8/13/21. Yes, data is historical in nature, but has great future value in trading FX for long and short term traders.

EURO FX - CHICAGO MERCANTILE EXCHANGE Code-099741
FUTURES ONLY POSITIONS AS OF 08/10/21 |
--------------------------------------------------------------| NONREPORTABLE
NON-COMMERCIAL | COMMERCIAL | TOTAL | POSITIONS
--------------------------|-----------------|-----------------|-----------------
LONG | SHORT |SPREADS | LONG | SHORT | LONG | SHORT | LONG | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF EUR 125,000) OPEN INTEREST: 702,098
COMMITMENTS
212,809 178,952 8,072 388,866 458,925 609,747 645,949 92,351 56,149

Above is part of 8/13/21 cftc.gov latest COT report.. The Difference in total longs and shorts (of both non commercial/commercials) equals 36,202 more short contacts. Contracts of EUR 125,000 (total) divided by 36,000 (more shorts) equals around 29% more of short contracts outstanding. This is why I believe that EURUSD dropped during the last COT report period of around 180 pips. Note: The COT keeps you on right side of trading with smart money.

Yes, using both commercial and non commercials are way to go for looking to where a particular market might go related to the COT report.

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