Commodity prices continue to be in a bear market. Industrial raw material prices have plunged over recent months. The price of crude oil halved since June. Iron ore prices have plummeted, and… more
Commentary
In my January 13 article, A Look at the Copper Market, I wrote, "...the support level at $2.72 may become more and more distant in the market's rearview mirror." Since the day I made that… more
Over the past four months, crude oil has declined about $50. However, during the past fourteen trading days, March crude oil had been rotating within a 4538-to-5078 balance range. On Friday,… more
Today's Lows are Tomorrow's Highs
Copper fell 15.78% on COMEX and 14.59% on the London Metal Exchange in 2014. Copper has been making lower highs and lower lows since July 2014. The copper… more
Over the past two months, February gold has been rotating within a 11469-to-12390 balance range. However, over the past four trading days, gold was confined to a relatively tight 12054-to-12233… more
Over the last thirty trading days, the February/April natural gas spread has come off sharply about 800 points, leaving several gaps along the way. A few weeks ago, after the spread fell about 500… more
The dollar is still the world's reserve currency and there is an inverse relationship between the greenback and commodity prices.
The Dollar and Commodities
In 2014, the dollar was a… more
This article will try to illuminate why most retail traders fail at speculative trading. I would argue that the simplest reason for failure is that they are fighting the path of least resistance.… more
Many speculative traders are attracted to short-term or intraday trading for a wide array of reasons. These reasons include the fact that trades executed are typically lower risk as well as… more
As a devoted CQG trader, investor, portfolio manager, hedger, etc., how does high frequency trading (HFT) affect the way you do business? Some might say that you can't get a good fill at your… more