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7/16 Recap and a Heads Up For Early 7/17 Trading F2 Comments: The news was negative and the market sold. Pretty simple when you think about it. News drives the markets. Big money is placed on fundamental news. Today the inflation news took precedent and inflation is bad for bonds. Bond sold...

Sherlock Holmes and the News Day Trade Sometimes you have to be a bit of a detective to solve the puzzle of when to take a trade. On July 15th, there was a bevy of news events to be considered. At 10am EST the Business Inventories Report was released and Chairman Ben Bernanke was beginning...

Trading Comments & Projection Here are Charles Cochran's comments about trading on Monday, 7/14, and a preview of 7/15. F2 Comments: What a day. Based on Friday’s close you would have expected continuation selling today. the Fed’s fix for Fannie Mae/Freddie Mac bombed. The selling...

Volume Exhaustion and Volume Divergence Monday, July 14th gave us excellent examples of two high percentage trades I've demonstrated in prior posts. The volume spike at the open, characterized by a bar much wider than surrounding bars, followed by higher prices in the very next bar usually...

Volume Exhaustion - One Last Time On Thursday, July 10th, the 8:30 EST bar was clearly a high volume bar. The entry, out of the top of the box, was 117.095. The market then reversed at 117.14, at the S2 level identified by Charles Cochran in his 7am commentary. 4/32nds may not see like...

Volume Exhaustion Follow-Up The arrow on the attached chart denotes a volume exhaustion bar that occurred at 8:20 on Wednesday 7/9. As described in the previous post, price trading higher on the very next bar suggests, but does not guarantee, continuation. This trade would have retraced 2...

Guidelines For Trading Volume Exhaustion When a volume spike occurs, should you fade it or take a "go with" trade. Your first clue will be the bar immediately following the volume spike bar. You can recognize the spike bar by it's width - it is much wider than the bars that surround it...

Volume - Price Divergence Monday, July 7th, looked to be a slow day. No news announcements were planned. It's the summer. France is on vacation. Your best trading will always be early in a situation like this. Anyone who needs or wants to trade will be present at the open, but not...

Trading the NFP News The Non-Farm Payroll number is always big news for the Bond. On 7/3, the market moves down after the release of the number and pulls back at 8:37EST. This is a 2500v chart. We would like to see 8 to 12 ticks on the retracement. Here we get 7 1/2 32nds. The...

Another News Day Trade Get used to it. I'll be posting these with regularity. Why? Because it's a consistent way to make your business plan. After the ADP Employment Report was released at 8:15 the Bond market moved up on a job loss number of -79,000. Remember, our ideal retracement is 8...

Trading The News Revisited As I have previously pointed out writing for this thread, one could make a reasonable living just trading single headline news events. Attached is the ZB chart showing the market's reaction to today's CPI news. The 3 trades noted would have allowed you to achieve...

July 1 Early Morning Call Here is Charles cochran's early morning call for trading on 7/1/08. [6:43] Charles Cochran: The ES is getting slammed OVN by the usual culprits- crude oil, bank woes, economic slowdown in the UK, manufacturing slowing. The recession articles are taking front row...

Correction Ok forestfire, you found a typo. If you read the actual comments, they do state that if 116.04 holds, look to the short side, but the chart says 116.04/12. I stand corrected.

6/27 Recap & Recommendations For Monday 6/30 F2 Comments: The ES was lower and the Bond up. The early news was supportive w/PCE Core inflation beating the forecast. The stock markets round the globe were lower too. The sentiment has turned more negative for the ES. The Bond is pointed higher...

6/25 Fed Day Recap and Market Profile Analysis for 6/26 Here are Charles Cochran's comments from Fed Day and his analysis for the overnight session and early trading on 6/26. Levels can and will be reset based on the overnight action. F2 Comments: It was a day that was contained by...

The Big Question After reviewing the beautiful trade set-up shown in the last two posts, the question you have to ask yourself is "do I have the patience to wait for the right set-up before putting my money on the line?" The trade in the last two posts occurred at 10:35 EST. Overtrading is...

Two Ways To Take The Same Trade - 2500v Here is the same trade, only shown on a 2500volume chart, rather than a 5 minute chart. Adding even more information to what was already seen on the 5 minute chart is now selling deceleration (the blue square below the 12:35 bar), and the bar close at...

Two Ways To Take The Same Trade The Volume Exhaustion trade is one of the basic staples in the TIE methodology. You can see, on the attached 5 minute chart from Wednesday 6/25 (Fed day), that the 12:35 bar is far wider than any of the surrounding bars. The width of the bar is determined by...

One Way To Trade Levels One way to trade support/resistance levels is the pullback method. In the TIE Trading Room, Charles Cochran sets the support and resistance levels using the market generated data from the Market Profile chart, in combination with volume analysis. At the start of...

Entering The Day With An Idea - Follow-Up This morning I posted Charles Cochran's opening comments from 7am. He was entering the day looking to go long at 112.21/25. Then if 113.00/04 held, he would change his idea and go short. Here is the chart with the actual results. The first trade...