Go Back   DailyFX Forex Forum | FX Forum

View Single Post
  #93 (permalink)  
Old 08-15-2007, 11:43 PM
DMoore727 DMoore727 is offline
Member
 
Join Date: Aug 2006
Posts: 8
DMoore727 is on a distinguished road
Ssi Lost!!!

Jamie and Antonio,

First off let me say that I appreciate all the help you guys, and FXCM in general, gives to its clients in an effort to make all of us better, more informed traders.

Having said that, I am eternally frustrated here. I have read EVERYTHING you guys have posted on how to interpret both the COT report and SSI and I must admit, I cannot grasp the concept of how you interpret the information. Maybe if I knew how to READ THE ACTUAL GRAPH, it might help me better understand the concept.

I do not want to slow this thread down by having you guys explain AGAIN what COT/SSI means. Perhaps if you can recommend a site online, an article, a book, etc, which goes into GREAT DETAIL what the COT report is and how to read the graph, I would appreciate it. I REALLY want to grasp this, as it appears to be a valuable trading tool.

By the way, I'm also having difficulty grasping the concept of interpreting RISK REVERAL and IMPLIED VOLATILITY, so again, if you can refer me to a site, i'd appreciate it.

I'm a fairly new trader, so please, bear with me.

Thank you in advance.
Reply With Quote
 


Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All times are GMT -5. The time now is 07:27 AM.
Copyright ©2009 Daily FX. All Rights Reserved.