Currency Trading Tools
There are many free Forex trading tools designed to improve the performance of currency traders. These are some useful online Forex tools.
■ FOREX MARKET SENTIMENT
The market sentiment tool shows how many traders have taken a particular position in a currency pair. The market sentiment highlights the crowd behavior.
■ COMMITMENTS OF TRADERS REPORT
The Commitments of Traders (CFTC) is a weekly report presenting the net non-commercial (speculative) positioning in the US Forex futures market. The report can highlight the change in the positions of the 'smart money'. The COT report is released every Friday at 3:30 pm (EST time) and shows the positions for the prior Tuesday.
► More about Commitments of Traders on TradingCenter