I know you use COT to confirm your directional bias but the new COT reports that were introduced in 2009 which shows leveraged short/longs has no statistical edge.
Where have you come up with this method as I don't think it works? Did you do your research? no institution or successful traders use it. Your winning trades has more to do with the other things you preach, not COT. I have to give you credit about your fundamental stuff as that is spot on and you can see how amazing it works with Matty's trades that is featured on the blog. Does he have a myfxbook or public track record? I'd be curious to see it.
I assure you the COT stuff is a waste of time.
thoughts? what is everyones opinion? I have yet found anyone who uses cot with any benefit
I think you should do research on sentiment analysis and adopt that instead where you see the positions retail traders have and you do the opposite if all your analysis lines up. This method alone has been proven to have a 70% success rate and thats without your additional filters and analysis.
80-95% of Retail Traders lose money over the long term trading Spot FX. Doesn't it make sense to be on the opposite side of retail trades.