{"product_id":"the-commitments-of-traders-bible-9780470178423","title":"The Commitments of Traders Bible","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eRegardless of your trading methods, and no matter what markets you're involved in, there is a Commitments of Traders (COT) report that you should be reviewing every week. Nobody understands this better than Stephen Briese, an industry-leading expert on COT data. And now, with \u003ci\u003eThe Commitments of Traders Bible,\u003c\/i\u003e Briese reveals how to use the predictive power of COT dataand accurately interpret itin order to analyze market movements and achieve investment success.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\"…best book I have read on the COT reports...will give you a better understanding of how the commodity markets work...\" (\u003ci\u003eAbout.com: Commodities\u003c\/i\u003e)\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eList of Illustrations xiii\u003c\/p\u003e \u003cp\u003eList of Tables xix\u003c\/p\u003e \u003cp\u003ePreface xxi\u003c\/p\u003e \u003cp\u003eAcknowledgments xxv\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I COT Theory\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 The COT—Assorted History 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Grain Futures Administration 3\u003c\/p\u003e \u003cp\u003eThe Commodity Exchange Authority 4\u003c\/p\u003e \u003cp\u003eThe Commodity Futures Trading Commission 5\u003c\/p\u003e \u003cp\u003eThe Modern COT Data 6\u003c\/p\u003e \u003cp\u003eCOT Options and Futures Combined Report 8\u003c\/p\u003e \u003cp\u003eCOT-Supplemental Commodity Index Trader Report 9\u003c\/p\u003e \u003cp\u003eA Fable 11\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 COT Reports—Counting 1, 2, 3 . . . 15\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Long Form 17\u003c\/p\u003e \u003cp\u003eThe Short Form 23\u003c\/p\u003e \u003cp\u003eCOT-Supplemental Commodity Index Report 24\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Player Introductions 27\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSizing Them Up 27\u003c\/p\u003e \u003cp\u003eThe Reporting System 31\u003c\/p\u003e \u003cp\u003eCommercial Hedgers 31\u003c\/p\u003e \u003cp\u003eLarge Speculators 33\u003c\/p\u003e \u003cp\u003eCommodity Index Traders 34\u003c\/p\u003e \u003cp\u003eSmall Traders 36\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Fading Small Speculators and Other Half-Baked Schemes 39\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTIP: Always Follow Commercials 39\u003c\/p\u003e \u003cp\u003eTIP: Net Long Is Bullish; Net Short Bearish 40\u003c\/p\u003e \u003cp\u003eTIP: Always Fade the Small Speculator 43\u003c\/p\u003e \u003cp\u003eTIP: It Is Only Logical to Compare Hedging to the Seasonal Average 43\u003c\/p\u003e \u003cp\u003eTIP: The COT Is Old News by the Time It Is Released 45\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Net Positions 47\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOpen Interest 47\u003c\/p\u003e \u003cp\u003eConstructing Net Positions Charts 47\u003c\/p\u003e \u003cp\u003eLarge Speculator Patterns 51\u003c\/p\u003e \u003cp\u003eCommercial Patterns 56\u003c\/p\u003e \u003cp\u003eSmall Trader Patterns 59\u003c\/p\u003e \u003cp\u003eCommodity Index Traders 60\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 The COT Index 63\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCOT Index Calculation (Commercials) 63\u003c\/p\u003e \u003cp\u003eAlternative Look-Back Periods 66\u003c\/p\u003e \u003cp\u003eThe COT Index as the Great Normalizer 67\u003c\/p\u003e \u003cp\u003eInterpreting the COT Index 69\u003c\/p\u003e \u003cp\u003eHeal Thyself 72\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 COT Movement Index 75\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCommercial Movement Index 75\u003c\/p\u003e \u003cp\u003e40 Point COT Surge Rules (Commercials) 76\u003c\/p\u003e \u003cp\u003eCombining the Indexes 77\u003c\/p\u003e \u003cp\u003eFund Movement Index 79\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 View from the Gallery 83\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKeynes’s Theory of Normal Backwardation 84\u003c\/p\u003e \u003cp\u003eCan Speculators Forecast Prices? 85\u003c\/p\u003e \u003cp\u003eReturns to Speculators and the Theory of Normal Backwardation 86\u003c\/p\u003e \u003cp\u003eReturns to Individual Traders of Futures: Aggregate Results 87\u003c\/p\u003e \u003cp\u003eLuck Versus Forecast Ability: Determinants of Trader Performance in Futures Markets 87\u003c\/p\u003e \u003cp\u003eThe Returns and Forecasting Ability of Large Traders in the Frozen Pork Bellies Futures Market 88\u003c\/p\u003e \u003cp\u003eHedging Pressure Effects in Futures Markets 88\u003c\/p\u003e \u003cp\u003eHedging Demand and Foreign Exchange Risk Premia 89\u003c\/p\u003e \u003cp\u003eInvestor Sentiment and Return Predictability in Agricultural Futures Markets 89\u003c\/p\u003e \u003cp\u003eThe Behavior and Performance of Major Types of Futures Traders 90\u003c\/p\u003e \u003cp\u003eExchange Rate Changes and Net Positions of Speculators in the Futures Market 93\u003c\/p\u003e \u003cp\u003eThe Profitability of Speculators in Currency Futures Markets 94\u003c\/p\u003e \u003cp\u003eSummary 95\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 View from the Pits 97\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Study Data 98\u003c\/p\u003e \u003cp\u003eThe Trading Rules 98\u003c\/p\u003e \u003cp\u003eTrading Rules Test Results 100\u003c\/p\u003e \u003cp\u003eTrading System Considerations 100\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Chart Pattern Validation 105\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Brief Charting Primer 105\u003c\/p\u003e \u003cp\u003eBottom Formations 106\u003c\/p\u003e \u003cp\u003eTop Formations 108\u003c\/p\u003e \u003cp\u003eContinuation Patterns 111\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Getting Technical 115\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCOT-Stochastics 115\u003c\/p\u003e \u003cp\u003eCOT MACD-Histogram 117\u003c\/p\u003e \u003cp\u003eCOT-RSI 120\u003c\/p\u003e \u003cp\u003eStandard Deviation (Bollinger) Bands 121\u003c\/p\u003e \u003cp\u003eConclusions 122\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II COT in Practice\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Crossing Currencies 127\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCommercials 129\u003c\/p\u003e \u003cp\u003eU.S. Dollar Index 129\u003c\/p\u003e \u003cp\u003eCurrency Correlation Tables 132\u003c\/p\u003e \u003cp\u003eCurrency Futures Historical COT Charts 133\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 Taking Stock 145\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe COT Beats the Averages 146\u003c\/p\u003e \u003cp\u003eStock Index Correlation Tables 148\u003c\/p\u003e \u003cp\u003eStock Index Futures Historical COT Charts 148\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 Test of Metal 155\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMarking Time in Gold 155\u003c\/p\u003e \u003cp\u003eThe Gold\/Silver Ratio 157\u003c\/p\u003e \u003cp\u003eThe Copper Caper 157\u003c\/p\u003e \u003cp\u003eCommercials 158\u003c\/p\u003e \u003cp\u003eMetal Correlation Tables 161\u003c\/p\u003e \u003cp\u003eMetal Futures Historical COT Charts 161\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 Oil’s Slick 165\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTo an Uninterrupted Gasoline Supply 165\u003c\/p\u003e \u003cp\u003eCommercial Hedgers 168\u003c\/p\u003e \u003cp\u003ePetroleum Correlation Tables 168\u003c\/p\u003e \u003cp\u003ePetroleum Futures Historical COT Charts 169\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 Interest in Rates 175\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Drives Rates? 175\u003c\/p\u003e \u003cp\u003eCommercial Hedgers 176\u003c\/p\u003e \u003cp\u003eTreasury Futures Correlation Tables 176\u003c\/p\u003e \u003cp\u003eTreasury Futures Historical COT Charts 176\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17 Bean Counting 183\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe One That Got Away 183\u003c\/p\u003e \u003cp\u003eCommercial Hedgers 185\u003c\/p\u003e \u003cp\u003eSoy and Grain Correlation Tables 189\u003c\/p\u003e \u003cp\u003eSoy and Grain Historical COT Charts 189\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18 Moonlighting 195\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIt Might Be Corny, But. . . 195\u003c\/p\u003e \u003cp\u003eSmall Can Be Beautiful 196\u003c\/p\u003e \u003cp\u003eCommercial Hedgers 196\u003c\/p\u003e \u003cp\u003eLivestock Correlation Tables 197\u003c\/p\u003e \u003cp\u003eLivestock Historical COT Charts 201\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19 Cedeless Oranges 205\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eContinuous Commodity Index 206\u003c\/p\u003e \u003cp\u003eFood and Fiber Correlation Tables 208\u003c\/p\u003e \u003cp\u003eFood and Fiber Historical COT Charts 208\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 20 Now You CIT, Now You Don’t 217\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe COT-Supplemental Report 217\u003c\/p\u003e \u003cp\u003eHistorical COT-Supplemental Charts 218\u003c\/p\u003e \u003cp\u003eEpilogue 233\u003c\/p\u003e \u003cp\u003eAppendix A: Alternative Net Position Formulas 237\u003c\/p\u003e \u003cp\u003eAppendix B: Dodging the Pitfalls in COT Data 243\u003c\/p\u003e \u003cp\u003eReferences 251\u003c\/p\u003e \u003cp\u003eGlossary 257\u003c\/p\u003e \u003cp\u003eAbout the Author 269\u003c\/p\u003e \u003cp\u003eIndex 271\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":48864624410967,"sku":"9780470178423","price":51.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780470178423.jpg?v=1722272781","url":"https:\/\/bookcurl.com\/products\/the-commitments-of-traders-bible-9780470178423","provider":"Book Curl","version":"1.0","type":"link"}