Commitments of Traders: Strategies for Tracking the Market and Trading Profitably
March 4, 2006
Floyd Upperman is recognized as the leading expert and foremost analyst of Commitments of Traders (COT) data. Upperman is the world's foremost authority on this long neglected subject.
Trained in the use of data analysis in problem solving, he uncovered the unique value of COT data as a powerful market indicator. His proprietary system, Individual Market Participant Analysis, has an unparalleled record of success in applying COT data to futures trading.
The IMPA trading system is an innovative way to use the Commitments of Traders reports by breaking the data into producers, consumers, and funds. By monitoring the activities of these key market participants, a trader can gain an edge by detecting position imbalances that could be a forerunner of major trend changes.
A registered commodity trading advisor, Upperman provides daily analysis of his IMPA system on his website, www.upperman.com. A gifted and enthusiastic teacher, he communicates with students and clients throughout the world via his website.
By understanding commercial activity and monitoring its behavior, a trader can potentially forecast significant changes in price direction. Floyd shows traders how to use the Commitments of Traders reports to accomplish this goal.