Richard Weissman

Over the past few months there’s been an increasing buzz about commodity prices… grains, crude oil, industrial and precious metals have all broken to the upside and one of the most uttered phrases on my newsfeed has been, “commodity supercycle”.... more

Most commercial hedgers begin their analysis and hedge decisions with a look at the long-term trend and this means a monthly continuation chart (aka rolling front-month futures chart). As of January 29, 2021., this is what that chart was showing... more

This article examines how technical analysis can aid in trading around news events. One of the biggest misconceptions is that technical analysis is a “standalone” method and therefore, incompatible with fundamental analysis. How do I combine... 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. Looking at the chart below (Figure 1) of the spot... 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 superior winning percentages when compared to trades... more

Although most mathematical technical indicators focus on capitalizing on either trending behavior by using tools like moving averages (see Trend Following Kept Simple: The 200-Day Simple Moving Average) or on counter-trending action through... more

Daryl Guppy developed a trend-following technique using twelve exponentially-weighted moving averages. The twelve periods featured in his books are 3, 5, 8, 10, 12, 18, 30, 35, 40, 45, 50, and 60. The 3-, 5-, 8-, 10-, 12-, and 18-period... more

Many technicians use complex technical indicators such as Average True Range, but experienced ones use them in conjunction with basic indicators such as volume and long-term simple moving averages. Arguably the most important of trend-following... more

ICE May Cotton futures are setting up well as a low-risk, high-reward mean reversion trade. One of our preferred set-ups is countertrend trades in the direction of the longer-term trend. In the following image, May Cotton closed below its two-... more