The Commitment of Traders Plug-In
Who Wants to See What Others Are Trading?
Gain Valuable Insider Information
See How the COT Plug-In Can Start Working For You.
The Track 'n Trade JBCOT Indicator!
In the screenshot above you will notice that the COT Indicator has three types of bars:
Blue - Large Professional Traders
These are the pros, the big boys, the professional money managers and bank fund managers. You would be well advised to always be doing what these guys are doing.
Red - Commercial Traders
These are the "Commercials"--the farmers and factories. They already own the product, so unless you are a farmer trying to sell your crop, don't follow the red guy's example.
Green - Small Speculators
These are the tiny guys--the small speculators. Never follow their example; most of the time they are wrong and losing money. Notice in the example above, they are all selling and going short during a huge uptrend in the market. They are doing just the opposite of what they should be doing, and just the opposite of the big blue guys, the pros.
Trade Examples:
Can you see the Buy and the Sell arrows/signals being generated on the chart above? Those are actually coming from a formula derived from the Commitment of Traders.
The formula for these signals was created by a very good friend of mine, Mr. Jake Bernstein. When I told Jake we were going to add the COT to Track 'n Trade, he kindly offered us his formula for reading the COT and for deriving buy/sell signals from it. We named his formula the "JBCOT Buy/Sell Indicator." After I had our programmers add the JBCOT formula into Track 'n Trade 5.0, I was absolutely blown away! I was absolutely amazed at the accuracy of Jake's formula. Frankly, I was very surprised he let us include it in Track 'n Trade 5.0; it is absolutely unbelievable!Thanks Jake!
Now remember, what's cool, is that the COT does not take into account the actual price of the market whatsoever. All we are doing is telling you when the momentum of the largest industry players are changing direction in their buying and selling power. We are, in essence, showing you the hands of the other players with these buy/sell arrows. We are simply pointing out when the momentum of the market is changing, and when the big boys are changing from buying contracts to selling contracts or vice-versa: not in price, but in time.
So, do you think this little gem could come in handy? The commitment of traders requires an additional data feed to keep it current, so we update it as soon as the report is posted by the Feds each Friday. The data is updated directly into Track 'n Trade along with your daily market data–quick and easy!
Okay, now here's some more of the good stuff...
Have you ever been worried about being caught in a limit move? I know I have. Just looking back through history, I've noticed these classic examples of where the large specs and the large commercials were jumping ship just before a large limit move crash. How do they know? Amazing isn't it. The JBCOT pointed it out to us, giving us plenty of time to react.
Here's another classic example.
Here's one more for the road...
What You Get...
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Commitment of Traders Indicator:
See what the Large Traders, Commercial Traders, and Small Speculators are doing in the markets. This indicator is displayed as a bar graph in the Indicator Window of Track 'n Trade. See screenshot above.
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JBCOT Buy/Sell Indicator!
This exciting addition to the Commitment of Traders Plug-in, the JBCOT Buy/Sell Indicator is amazing! (See the buy/sell signals in the above screenshot) This indicator is named after and designed by Jake Bernstein, gives you signals based on the COT data. You will gain unbelievable insight into your trades and analysis.
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Up to 10 years of historical data on many markets:
The COT Plug-in comes with plenty of history, giving you a fantastic historical view for the COT weekly report. Subscribe to the COT data service for only $19.95 per month ($199.50/year) and get weekly COT data when you get your futures data.
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Video Training! - Commitment of Traders Educational CD:
The COT Plug-in comes with a FREE educational CD packed with examples and multimedia video training. Watch the videos and learn about the basics of trading with the COT Plug-in, and then how to begin applying these strategies in your trading.
- Designed for Both, Live or EOD Futures.
The Commitment of Traders Plug-in can be used on either Track 'n Trade LIVE, or on our Track 'n Trade EOD (End-of-Day) charting software, or it can be used on both at the same time, for one price. No need to buy two licenses for each version, pick up just one license, and your covered. Also, as long you have an active COT data service, all updates or new additions to the COT plug-in are free!
Commitment of Traders (COT) Plug-In.
Limited Offer: Purchase at least a year of data below and get 50% OFF the Commitment of Traders Plug-in! A $100 value.
Use coupon COT50 - Expires Nov 1, 2009
