“The trend is your friend.” That is a statement that has
been circulating among commodity traders for a long time. It simply means that
you should trade with the trend of the market to help increase your chances of
success.
What is a Trend?
A trend basically means that prices are steadily moving
higher...
Natural gas futures have been reeling from the first winter
weather rally in early November. This market is fairly dependent on abnormal
weather this winter to burn through excess supplies. Otherwise, natural gas
prices will probably remain in the lower end of the $2 range. I wrote about
this in my last
article and I have a feeling we will see another...
Agriculture commodity prices have dropped substantially this
year. The agriculture commodities consist mainly of the grains, livestock and
softs (food). Some commodities like
corn, lean hogs and cocoa had their moments in the sun this year. Now, most of the agriculture commodities are
firmly entrenched in downtrends.
The good news is that I suspect many of these...
I believe gold prices will move higher over the long term,
but there are some warning signs in this market that I can’t ignore. The most
notable one is the outside bar reversal on the weekly charts at the beginning
of September. I also get the feeling that the general worry barometer has
dropped in recent weeks and that can be...
While many traders seek instant gratification from their
trades, the gold market has only recently offered that potential to traders
betting on higher prices. In fact, the last few years could be considered a mind-numbing
experience for traders trying to figure out this market. The gold market
finally made its move higher in the last few months and this serves as...
