Bob Hunt - The Pattern Trapper - Mon Apr 20, 6:10PM CDT
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness.... (full story)
AUDUSD has been in a broader downtrend for exactly two years now, losing 3,000 pips from the 2013 highs. With the upcoming AUD event risk over the coming days we turn our attention to key levels that have been carved out by the daily time frame. (full story)
Jay Taylor - Seeking Alpha - Mon Apr 20, 3:18PM CDT
The chart on your left shows an impressive rebound in the price of oil as it has pierced through both the 50- and 100-day moving averages. Given signs of continued weakness in the global economy, it's hard to believe this move represents a true... (full story)
By locking in a price now for a commodity to be delivered at some point in the future, futures markets permit buyers to secure insurance against future adverse price changes. In other words, futures markets supply a means for the mitigation of price risks. Futures charts track futures prices over time, and supply historical data that buyers and sellers can use to project where futures prices will be in the coming days or months. Frequently updated futures charts are a very useful tool for identifying pricing trends within a certain commodity.