Prices for the actively traded July 2021 CME Group soybean oil futures reached all-time new highs in recent trading sessions (see Figure 1), spurred by increasing demand from the biofuels industry… more
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… 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… 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,… 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
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… 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… 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… 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… more