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6/9 ZB Results On 6/5 I noted the regularity the Bond market pulled back 8 to 12 ticks before resuming a move. Today, 6/9, the pull-backs were as follows: 8:50 EST 9 1/2 32nds 9:30 EST 14 32nds 10:00 EST 10 1/2 32nds 10:20 EST 12 1/2 32nds 11:25 EST 11 32nds You get the idea. This...

Recap from Friday, June 6 Following are Charles Cochran's comments regarding Friday's ZB trading action. F4 Comments: Today’s recommendation was a news day trade. News day trades are handled by entering the market on the first setback w/the news. If the high/lows hold on the retest...

Response To Trials Comment Joab, I'll let ZAL answer for himself, but please be aware that the TMPro Software/TIE Trader Room is only one of the trials offered by TradeMaven. They have a basic trading/charting platform, similar in nature to Ninja Trader's free platform, that is offered to the...

Setting Expectations For A News Day Trade Here is the daily ZB Market Profile chart for Thursday, June 5th. Included in the comments are guidelines for handling a news day trade. F2 Comments: Another day of selling. The news was negative and the Bond responded accordingly. The close was...

Sell Em There were plenty of sell opportunities today and they are aptly noted on this chart. But look a little deeper and see if you can pick-up on a repeating pattern. The pattern is the pull-backs. For a pull-back to be considered a real pull-back, we generally look for 8 to 12...

Early Morning Update Please review the selling recommendation in the prior post. Overnight, the high was 114.075. The recommended sell zone was 114.03/07. The overnight low was 113.255. Yesterday's low was 113.27. The recommendation was to buy it back if yesterday's low held. The second...

6/4 Market Profile Chart and 6/5 Early Trading Recommendations Attached is more 6/4 analysis and comments pertaining to early 6/5 trading. Keep in mind that these levels can change based on what happens in the overnight session or when a significant news event occurs. The value here is...

6/4 Trading Results Attached is Charles Cochran's commentary on ZB 6/2 trading. Trading entries are noted. F4 Comments: The analysis favored a buy. The recommended buy was 114-21/25. 114-20 was the OVN session low. The recommended buy was raised to 115-01/05. The 08:15 ET news took the...

When Bernanke Talks The Market Listens And promptly tanks. So was there any warning to get short, or at least not be long going into his speech? First off, no matter which method you trade, it is a bad idea to be in the market when the Fed Chairman is speaking. Unless you are very...

See For Yourself You can certainly see for yourself all the calls Charles Cochran is making by taking the free room trial. I trade for a living and cannot sit in this room to make real time calls. But you can see all the calls real time for both the ZB and ES and it won't cost you a cent...

Moves Out Of The Middle Here is another Rule 3 example from 6/3 only from the ES.

MoM's - Moves Out Of The Middle Rule 3 - Don't fade moves out of the middle of a distribution. This is a "go with" trade. Here is a bond example from 6/3/08.

P Formations Typically Mean Higher Prices The "P" formations noted on this market profile chart indicate the strong possibility of higher prices. Note that the volume that is superimposed on the TPO's is what creates the P. The mode and the mean are in the top of the distribution, as is the...

Trading Results 6/2/08 Earlier this morning, I posted Charles Cochran's support and resistance levels for the ES and the ZB. Here's how the day turned out. We suggest you adopt the model of the local - trading size for smaller moves. If, for example, your business plan was to make 8 32nds...

Starting With An Idea I've often stated the importance of starting off the day with a trade direction and levels in mind. These ideas may have to be modified after news announcements, but you have to start somewhere. This is how Charles Cochran sees Monday, June 2nd setting up. The times are...

5/29 Recommendations & Results F4 Comments: the market is in a sell mode and hitting our recommended sell recommendations with amazing regularity. Sometimes your read is spot on and it is in those times that you should increase your number of trades and size. Yesterday’s Post Market...

5/28 Recommendations & Results Charles' typical recommendation for a news day trade, especially a single headline trade, is to wait for the first pullback and then enter. Here are Charles' comments and entries after the morning's news release. F4 Comments: The research recommended a sale...

Bar Characteristics Hombre, The width of each equivolume bar is determined by the volume traded on that bar. The yellow portion of the bar is the value area (70% of the traded volume), the red area is the unfair high, the blue area is the unfair low, the magenta line is the mode (most...

Changing Your Idea As noted two posts previous, the idea going into Tuesday the 27th was to be a buyer. There were two winning trades at the noted levels, but then something changed - a Move Out of the Middle (MOM) occurred. If you've read the previous posts in this thread, you know that Rule...

Pre-Market Preparation for 5/27/08 Charles Cochran made this post on Friday 5/23 after the market closed. At this moment (6:41am central time), the ES has sold down overnight and the bond has hit 116.04, the more conservative buy zone. This is the kind of analysis needed to go into a day with...