Hi Foreigner,
Go to this site: http://www.cftc.gov/MarketReports/CommitmentsofTraders/HistoricalCompressed/index.htm
Now download this:
Extract and open the excel file. Click the arrow in the top left corner to select all cells. Double click in between two columns to automatically adjust the width of the columns so that you can see what is written in the header:
Now delete all the unwanted cells and columns:
These columns are all that you need to see:
I have prepared one for you where I have removed everything but GBP USDx and EUR and deleted all the other columns. You can download it here: http://www.files.com/shared/521eebf151495/Example.xls
Now look at the dates and compare how positions are opened then in the next week closed and compare the data between the currency pairs. You should now be able to see what I am saying by how you can actually see how they move the money around. Also note that they sometimes open new positions in the opposite direction before taking profits on their old ones. You can download the history all the way back to 1986 so feel free to dive into this if you want.
This is the only REAL indicator in the markets that I know of. I would love to find another one
This is not a SMA or Stochastic. It is real money being moved around by the commercials. You can set bar chart up this way to get a visual presentation on this data: http://www.barchart.com/chart.php?sym=E6U13&style=technical&template=&p=WN&d=L&sd=&ed=&size=M&log=0&t=CANDLE&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&sh=100&indicators=COTLC%2813369344%2C26112%2C153%29&chartindicator_2_code=COTLC&chartindicator_2_param_0=13369344&chartindicator_2_param_1=26112&chartindicator_2_param_2=153&addindicator=&submitted=1&fpage=&txtDate=
If you are still unclear on the basics, go watch ICT's video: "Trade Forex like the insiders" or go out and get yourself a book by Larry Williams called: "Trade Stocks and Commodities With the Insiders - secrets of the cot report"
I can unfortunately not make sense of these numbers for you, you will have to make sense of them yourself. What I was talking about should be pretty clear to you by now. If it is not, please watch the video a few times and don't skip reading that book. If you have done that and still have questions then please ask, there might be people around here that know allot more about it than I do.
I hope you use this wisely as I think it's the most powerful tool in the forex market.
All the best to you,
Sybrand