Incase if someone think that its useless video so let me tell this is a professional trader that hold the number one rank in the leader board on ftmo for long period of time
Hello, please tell me which indicator can i use on tradingview ? I cannot find this particular indicator :-( its very helpful. I am sure many people are wondering the same, an answer will be very helpful. Thank you Sir!
cot by magicEins. that;s what i found. He's indicator is customed so find what is available on tradingview, still the same cot report. commercial vs. small spec
So you past the funded account challenges without using bank reports ? Simply COT$ data(Retail vs Commercial extremes) and Supply/Demand for trades ? Also does trading station include these indicators ?
Commercials are hedging so as price spikes up they usually will always be bearish since they sell more as prices go higher. They are NOT speculating on price since Commercials will take delivery of the commodity at expiration when long or deliver the commodity at expiration when short. So when you see price spikes you SHOULD see the Commercials in an inverse position to price. Larry Williams popularized this strategy a long time ago and it still works today but you have to be patient.
You only see it's a 'spike' once it already reversed so marking up 'spikes' in the past when you see the reversal point is useless in my opinion. When forward testing this you can not see when the 'top' of your 'spike' has reached or if it will go further up.... Just my humble opinion
Take a look at the past 3 trades he shared for USDCHF Silver and USDMXN. You can clearly see it’s far from useless. Even if the data is a bit lagged because the COT comes out from the previous week. It’s still valuable information to see what retail and big /smart money is doing. Also keep in mind he was showing th weekly chart so yes the spike sometimes would have already reversed once the indicator peaked however you could probably zoom into daily /4hour and catch any highs/lows based off the delta /change in retail/smart money.
You can apply a 6 month stochastic to the COT Commercials and look for when they are at extremes. This is also called the COT Index by Larry Williams and others
He uses a strategy called the “supply & demand strategy”, which specifically DOESN’T attempt to predict the initial moves. It’s about finding price levels where unfilled institutional limit orders are likely to be located. Data from the last month or even the last year can give you an idea of where those price levels are located, and that gives you a much lower risk entry on reversal trades. All that past data is extremely useful in my experience.
I am looking into this now as this is definitely something that is missing from my trading. So, thanks for this info. I am curious in what the indicator would be called on tradingview, if anyone knows this ? Typing in Cot gives me many options but cant find a similar view like the one used in this video
sir i have a question, like this is the GOLD market . So actually the gold prices depend on the smart money taking opposite side of retailers? somebody say gold prices depends on geo political matters, fundamental news, usd strength or weakness if gold prices are natural then why is the smart money always on opposite side of retailers. If gold is bullish fundamentally if maximum retailers buy the gold then smart money will dump the gold prices?
The smart money does the job for you (they have their own expensive team of analysts that make up a fundamental view of the market) all you have to do is follow them and place your orders aligned with their previous extremes.
hi again ,.. thanks for teaching this i truly appreciate it . do you have a paid course to learn further ? please could you let me know how i can follow you more in depth to understand and be more confidant to implement this strategy myself . i’m a day trader so this would be very different way of trading but i like this allot to give me more time with my kids and to really understand these market moves 👍🏻👍🏻👍🏻 thankyou Daniel 😉😊😊
Bernd, many thanks for the video, a very interesting and intelligent strategy. I know you are limited to the weekly time frame with this, but do you have any other strategies for smaller time frames like the 2 minute? I am a day trader, and cannot hold a position overnight. Thanks Bernd..
You have to analyze on a futures chart in TradingView since the COT indicators use the root symbol on the chart. But you can then trade whatever you want beyond that. EURUSD = 6E for futures etc.
@@LanceElCamino7981 understood but i try to get that cot indicator on the trading view free version but i am not able to find it so can you please help me with that sir
Hello sir, as u taught us that smart money is always opposite to the retailers then thats the reason why 90% traders lose money? if all traders learn this strategy and they start doing inverse of they are currently doing then smart money will turn their direction? Is not it cheating or somekind of game that retailers always have to lose If maximum traders are bullish the smart money will dump it if retailers are bearish then smart money will pump market. How its treated as fair? Can anyone explain plz
Simple, big institution need a huge amount of liquidity to enter the market. That is why there's an inducements, liquidity pools and etc. that's build up by the retail traders that will soon after used by big institution to enter a trade for minimum slippage.
No. Commercials are hedgers. They do not speculate, they go AGAINST the trend because their only aim is to cover the portfolios. They will ALWAYS go against the trend, it's not something special. Do your researches and learn what the commercial hedgers do and what's their function. Mr. Skorupinski is just speaking the obvious. Read the experiences of those that bought his "course" for 10k and you'll understand how he makes money.
Sir do this mean that, 90-95% retailers always have to lose because if 90-95% retilers are bullish smart money will dump the asset and if retailers are bearish smart money will pump the asset always, It means maximum retailers cannot be profitable anyway, Kindly correct me if i am wrong
That’s not exactly how Commercials operate. They file as hedgers with the CFTC and when they go long they take actual delivery of the commodity at contract expiration . When short they deliver the commodity at expiration. The idea is that commercials are the biggest companies in the marketplace and have research and macroeconomic teams that are good at price forecasting. When price is really high, they keep selling as a way to lock on those high prices. Remember, they are delivering the commodity NOT speculating on price. When they reach extreme levels we usually see prices turn.
When he talks about retail traders, he's talking about people that don't know what they're doing most of the time. Most of these people take the same kinds of positions, believe it or not.
But the commercials don't care about winning or losing; they hedge against currency fluctuations to protect their company's profits. It's the big speculators you should follow instead.
I confused how to use the COT report as everywhere people say to focus on non commercial and he said that he focuses on commercial ! Which group is it better to focus on Commercial or Non Commercial ? thx
Larry Williams always said focus on Commercials because they file with the CFTC as hedgers. Take Exxon for example. When oil prices are high they are going to sell short since they are in the business of delivering physical oil. This locks in profits for that oil being sold and hedges against a decrease in oil prices. They actually use or produce the commodity they are buying or selling contracts for and have deeper pockets than large speculators. Look at the open interest of commercials versus non commercials, what do you see? Non Commercials are speculators just like retailers but their position sizes are so large they have to report it to the CFTC. So who does a better job at price forecasting for oil? Exxon or a trading team at Citibank?
I use ig open position ratios to determine if I am going to take a trade or not I always am in the minority of traders if it is the majority I do not take the trade
Can I say the retailers get f....by banks? Retailers go long Banks go short? Is this the concept? 🤣🤣😂 Great information did not know thank you!!!:) ....was that on the right bottom side the number of contracts is in the 10000s for retailers and the banks are dealing in the 100.000s area? Is that correct? Greetings from Europe....I trade for three years mainly the dax I can say this game is rigged as I have often seen when retail investors go short (Stuttgarter Börse Euwax Sentiment, they often don't get rewarded instead the opposite happens they get f...:) I really wonder why nobody from regularity oversight sees this "bad" action??? But I know the answer banks explicitly stated in their Wertpapierprospekts that they can bet against you...so it is legal for them to bet against retail derivaties investors🤣🤣
No. Watching back the charts and the exact prices where he would have placed the entry and SL, that would have been a 1 to 2+ RR winning trade. It would have been close to the SL at a certain time, but eventually the market returned to the downside.
Thanks Bernd and fxpesa for this. My stratergy lacked fundamentals as I only relied on technicals.Good job Bernd.Karibu Nairobi Tena
Swing trader it keep long
Amazing video! Im a noob at all this and seeing and learning from the man himself is a pure gift! Thank you Bernd! Will continue to support!
Awesome, thank you!
Hello Bernd; Thanks for everything you teach, it's real trading.
Thanks so much passed my ftmo challenge and now waiting for my payout🎉
Great job!
Incase if someone think that its useless video so let me tell this is a professional trader that hold the number one rank in the leader board on ftmo for long period of time
Really?? 🤣
What a joke 😂
Thank your very much for this solid value explanations.
Glad it was helpful!
These is GOLD video, thank you!!!!
Glad you enjoyed it!
Hello, please tell me which indicator can i use on tradingview ? I cannot find this particular indicator :-( its very helpful.
I am sure many people are wondering the same, an answer will be very helpful.
Thank you Sir!
cot by magicEins. that;s what i found. He's indicator is customed so find what is available on tradingview, still the same cot report. commercial vs. small spec
In TV they have their own version but it’s called Commitment of Traders not COT
Thank you Mr. Skorupinski
So you past the funded account challenges without using bank reports ? Simply COT$ data(Retail vs Commercial extremes) and Supply/Demand for trades ? Also does trading station include these indicators ?
Nice job . Please how do i locate the COT indicator on tradingview ?
Search for Commitment of Traders
Commercials are hedging so as price spikes up they usually will always be bearish since they sell more as prices go higher. They are NOT speculating on price since Commercials will take delivery of the commodity at expiration when long or deliver the commodity at expiration when short. So when you see price spikes you SHOULD see the Commercials in an inverse position to price. Larry Williams popularized this strategy a long time ago and it still works today but you have to be patient.
Indeed.. normal market mechanics.
You only see it's a 'spike' once it already reversed so marking up 'spikes' in the past when you see the reversal point is useless in my opinion. When forward testing this you can not see when the 'top' of your 'spike' has reached or if it will go further up.... Just my humble opinion
Take a look at the past 3 trades he shared for USDCHF Silver and USDMXN. You can clearly see it’s far from useless. Even if the data is a bit lagged because the COT comes out from the previous week. It’s still valuable information to see what retail and big /smart money is doing. Also keep in mind he was showing th weekly chart so yes the spike sometimes would have already reversed once the indicator peaked however you could probably zoom into daily /4hour and catch any highs/lows based off the delta /change in retail/smart money.
@@melikidzei have you tried his trading Campus?
You can apply a 6 month stochastic to the COT Commercials and look for when they are at extremes. This is also called the COT Index by Larry Williams and others
How can i do that?@@LanceElCamino7981
He uses a strategy called the “supply & demand strategy”, which specifically DOESN’T attempt to predict the initial moves. It’s about finding price levels where unfilled institutional limit orders are likely to be located.
Data from the last month or even the last year can give you an idea of where those price levels are located, and that gives you a much lower risk entry on reversal trades.
All that past data is extremely useful in my experience.
COT CFTC on tradingview guys. Display is different but same thing. Large traders are blue line. Cheers bernd great video
What is the name of the Indicator...?
Awesome content - Thank you very much!
Are the COT indicator and smart money indicator freely available?
Thanks for a splendid video
no, he developed those with his team.
they are proprietary
is there any similar indicator on trading view like your campus retail line chart?.
I am looking into this now as this is definitely something that is missing from my trading. So, thanks for this info. I am curious in what the indicator would be called on tradingview, if anyone knows this ? Typing in Cot gives me many options but cant find a similar view like the one used in this video
Glad it was helpful!
His indicators are proprietary. He and his team developed them.
@@is-smct26 So the aim of this video is to sell those indicator/ his course?
I can't find it on trading view this one he is using does anyone know it
COT REPORT
the most of it are discontinued for january 2024+. Look for "COT Index Commercial vs Specs" from the user Systematic Futures
almost hit the SL but the 2R trade played out. Well done!
I cant find these indicators on trading view can you please give me the name of the 2 indicators on trading view please
The indicators are all there; so many of them… just search COT…
They are not there u have to pay for that
Type COT CFTC
Thanks, Bernd! How can i find indicators?
How do you use the Futures chart to trade CFD Forex? Or do you only trade Futures Contracts?
You can just have the reversed such as USDCHF would be the opposite than CHF future
Hi Bernd how can we find the indicator on Trading View? Thanks
It’s native now
They are proprietary indicators.
sir i have a question, like this is the GOLD market .
So actually the gold prices depend on the smart money taking opposite side of retailers?
somebody say gold prices depends on geo political matters, fundamental news, usd strength or weakness
if gold prices are natural then why is the smart money always on opposite side of retailers.
If gold is bullish fundamentally if maximum retailers buy the gold then smart money will dump the gold prices?
The smart money does the job for you (they have their own expensive team of analysts that make up a fundamental view of the market) all you have to do is follow them and place your orders aligned with their previous extremes.
hi again ,.. thanks for teaching this i truly appreciate it . do you have a paid course to learn further ? please could you let me know how i can follow you more in depth to understand and be more confidant to implement this strategy myself .
i’m a day trader so this would be very different way of trading but i like this allot to give me more time with my kids and to really understand these market moves 👍🏻👍🏻👍🏻
thankyou
Daniel 😉😊😊
Bernd, many thanks for the video, a very interesting and intelligent strategy. I know you are limited to the weekly time frame with this, but do you have any other strategies for smaller time frames like the 2 minute? I am a day trader, and cannot hold a position overnight. Thanks Bernd..
Dear How Can I get this indicator on Trading View platform.
Plz guide me about platform where this indicator is available free?
No bro u can't get u have to pay
Thank you Bernd
Very nice strategy, thanks for this
Welcome
just a question, arent commercials hedgers? so they do opposite of the large speculators? or are you using both commercials and non commercials
This is absolutely great value
Hello sir! Can we analyse this in futures chart and trade in the real Forex chart or it has to be in futures chart only..??? Sir please reply
You have to analyze on a futures chart in TradingView since the COT indicators use the root symbol on the chart. But you can then trade whatever you want beyond that. EURUSD = 6E for futures etc.
@@LanceElCamino7981 understood but i try to get that cot indicator on the trading view free version but i am not able to find it so can you please help me with that sir
The video was filmed on May guys and it played out if you see. It was not given two days ago
Thank you very much!
You're welcome!
Hello sir, as u taught us that smart money is always opposite to the retailers then thats the reason why 90% traders lose money?
if all traders learn this strategy and they start doing inverse of they are currently doing then smart money will turn their direction?
Is not it cheating or somekind of game that retailers always have to lose
If maximum traders are bullish the smart money will dump it if retailers are bearish then smart money will pump market.
How its treated as fair? Can anyone explain plz
Simple, big institution need a huge amount of liquidity to enter the market. That is why there's an inducements, liquidity pools and etc. that's build up by the retail traders that will soon after used by big institution to enter a trade for minimum slippage.
No. Commercials are hedgers. They do not speculate, they go AGAINST the trend because their only aim is to cover the portfolios. They will ALWAYS go against the trend, it's not something special. Do your researches and learn what the commercial hedgers do and what's their function. Mr. Skorupinski is just speaking the obvious. Read the experiences of those that bought his "course" for 10k and you'll understand how he makes money.
During retail made pump up on GME hedging institution lost millions of dollars
@@no1r where have they writtenit?
Bernd is GOAT ❤
where we can find your magic indicator?
I thought the non-commercial members are the profitable traders please correct me if am wrong
Non commercials are with the trend so always wrong
the market just reached this zone this week
where i can see the retail trader chart by tradingview?
They are the Non-Reportables
You are the best🥂
How can i find indicators
Welcome
@@FXPesa I would like to know too?
How do we contact you directly sir
I found it guys it’s available on tradingview
where can i find the indicators?
The problem is most future prop firm don't allow to hold trade for weeks and days
he analyses the futures charts and then executes the trade on the corresponding forex cfd
@@elitestreet6873 I mean most futures propfirm don't allow you to hold trade for days
All good prop firms allow holding trades
Sir do this mean that, 90-95% retailers always have to lose because if 90-95% retilers are bullish smart money will dump the asset and if retailers are bearish smart money will pump the asset always,
It means maximum retailers cannot be profitable anyway,
Kindly correct me if i am wrong
That’s not exactly how Commercials operate. They file as hedgers with the CFTC and when they go long they take actual delivery of the commodity at contract expiration . When short they deliver the commodity at expiration. The idea is that commercials are the biggest companies in the marketplace and have research and macroeconomic teams that are good at price forecasting. When price is really high, they keep selling as a way to lock on those high prices. Remember, they are delivering the commodity NOT speculating on price. When they reach extreme levels we usually see prices turn.
When he talks about retail traders, he's talking about people that don't know what they're doing most of the time. Most of these people take the same kinds of positions, believe it or not.
But the commercials don't care about winning or losing; they hedge against currency fluctuations to protect their company's profits. It's the big speculators you should follow instead.
so informative. 1000 likes
What happen if everyone follows COT data then if the retailers watch your videos :) and start following Smart Money What happen then?
Not possible people are distracted
He's also retailer .only difference is he sells courses and indicators to other retailer who are in loss😂😂
I confused how to use the COT report as everywhere people say to focus on non commercial and he said that he focuses on commercial ! Which group is it better to focus on Commercial or Non Commercial ? thx
We'll be releasing a video on this topic. Please be on the look out.
Larry Williams always said focus on Commercials because they file with the CFTC as hedgers. Take Exxon for example. When oil prices are high they are going to sell short since they are in the business of delivering physical oil. This locks in profits for that oil being sold and hedges against a decrease in oil prices. They actually use or produce the commodity they are buying or selling contracts for and have deeper pockets than large speculators. Look at the open interest of commercials versus non commercials, what do you see? Non Commercials are speculators just like retailers but their position sizes are so large they have to report it to the CFTC. So who does a better job at price forecasting for oil? Exxon or a trading team at Citibank?
Am doing that but still having loses why.
I use ig open position ratios to determine if I am going to take a trade or not I always am in the minority of traders if it is the majority I do not take the trade
Very good🎉
Thanks 🤗
I think non-commercial data Is important not commercial. Non-commercial includes the smart money
how much is “very”?
Wow this is what am looking to lean from you thanks
You’re welcome 😊
@@FXPesa pls can you do a video of how to house this pls detail video I have never have fundamental bias in my trading plan
How we could access to smart money indctor my meab blue
Mean
Do cot works on forex pairs
You need to use the futures charts for analysis and then apply it on forex pairs as the CoT report data is for the futures market.
Just like Larry Williams.
Larry williams + sam seiden
Great hindsight trader
We agree!
is this not rsi
@5:30
3:05 don’t be shy, just say it, Commercial Smart Money and Retail Dumb Money.
almost there
Is he german?
Gold never gonna trend higher ..
How about now?😂
Can I say the retailers get f....by banks? Retailers go long Banks go short? Is this the concept? 🤣🤣😂 Great information did not know thank you!!!:) ....was that on the right bottom side the number of contracts is in the 10000s for retailers and the banks are dealing in the 100.000s area? Is that correct? Greetings from Europe....I trade for three years mainly the dax I can say this game is rigged as I have often seen when retail investors go short (Stuttgarter Börse Euwax Sentiment, they often don't get rewarded instead the opposite happens they get f...:) I really wonder why nobody from regularity oversight sees this "bad" action??? But I know the answer banks explicitly stated in their Wertpapierprospekts that they can bet against you...so it is legal for them to bet against retail derivaties investors🤣🤣
Baaaasiiicccccllllyyyyyy
SL hit
No. It would have been a winning trade if entry and SL would have been placed at the prices of the futures charts.
TLDR; prepare for a LOT of BASICALLY.... way over my tollerable limit.
No. Darwinex is bigger and has longer history.
Please practice teaching. Your delivery is making it confusing
It's because you don't understand it yet. Don't be ignorant.
@@is-smct26paid bot spotted😂
He lost this trade I guess
nope
No. Watching back the charts and the exact prices where he would have placed the entry and SL, that would have been a 1 to 2+ RR winning trade. It would have been close to the SL at a certain time, but eventually the market returned to the downside.
this guy is a scammer right?
No he is ftmo no1 leaderboard trader
don't be ignorant
WoW