Commitments of Traders : Strategies for Tracking the Market and Trading Profitably (Repost)

"Floyd has answered for many in this book a way to both understandand use the Commitment of Traders reports. In my thirty-five yearsas a registered broker and author of my own book, I find that attimes someone takes a complex subject and makes it easier tounderstand. Floyd has done this with his book. Not only does hemake understanding the COT easy, but he ties it to some technicaltrading ideas that readers can try out, using historical data ontheir own. Truly another good technical book for those looking tounderstand this often overlooked subject."
– Ira Epstein, PresidentIra Epstein & Company Futures
"For many years, I've had requests from customers seekinginformation on the Commitment of Traders report but had fewresources to which I could refer them. This superb treatment of thesubject by Floyd Upperman, full of detailed information andinnovative ideas on how to use them [COT] effectively in trading,is the definitive treatment of the subject in my book. I highlyrecommend it."
– Edward D. Dobson, PresidentTraders Press, Inc.
"The Commitment of Traders (COT) can be a very powerful tradingtool to help anticipate market direction. But all too often it ismisunderstood and/or misinterpreted . . . Floyd's unique analyticalinterpretations, combined with his trading tools and indicators,will open a door to greater profitability for all traders."
– Walter Bressert, President Walter Bressert, Inc.
"If you are interested in capturing major market moves, this isa must-read book."
– Larry Williams, Commodity TraderIreallytrade.com
By understanding commercial activity and monitoring itsbehavior, a trader can potentially forecast significant changes inprice direction. Author Floyd Upperman shows you how to use theCommitment of Traders (COT) reports to accomplish this goal. Heskillfully explains how to break down the COT data into producers,consumers, and funds so you understand the positions and activitiesof these key market participants. In addition, he demonstrates howto monitor the COT activity so you can detect position imbalancesthat could be harbingers of major trend changes and illustrates histechniques for combining traditional technical analysis of pricewith the COT data.