Tag: commodities
Still Neutral Sugar
Sugar #11- May15 Futures – In yesterday’s trading session Sugar future values were strongly influenced by the exchange rate movement in Brazil. This is the first time since March of 2004 that the dollar quote fell below $3, closing at R$2.967 (-1.3%).
Crude Oil: Potential Target in Focus
Crude oil bulls had a brilliant day on Thursday, with the oil complex posting strong gains. Brent crude finished at $64.83while WTI closed at $57.66. With the market sailing above the 100-day MA last week, a review of the continuation chart gives a perspective on what the bulls might be targeting in the longer term. […]
Nat Gas EIA Preview – 22 April 2015
It appears shoulder season is coming to an end in the natural gas markets. NOAA’s 6-10 and 8-14 forecasts are showing above normal temperatures for the western half of the nation. These temperatures have the chance of shifting east giving the US its first taste of summer. Shoulder season is a time during the spring […]
Avoiding Costly Mistakes in CTA Trading: Key to Consistent Profits
Success in trading is measured in terms of the growth of the account balance. A CTA is not expected to play God and call every twist and turn in the market correctly. Some professional and proven CTA systems are only correct 25-30% of the time and still consistently pull huge profits out of the markets. […]
Energies: DOE Preview for Wednesday, 22 April 2015
Oil futures closed lower on Tuesday. June WTI finished the day down $1.26 at $56.62 a barrel while June Brent settled at $62.08 down $1.37 on the day. After being up each day last week and making new highs for the year, oil has been consolidating these gains early this week due to a lack […]
Is Selling Corn the Way to Go? Update: April 21st 2015
Corn values sagging in early trade, with the May 15 contract currently trading at 3.72 ¼ lower by 5 ¾ cents with the new crop contract at 3.96 ¼ down 5 cents, pegging the May 15 vs. Dec15 (Old crop / New crop) spread at 24 cents. The Funds continue to add to their short […]
Money Management & Contrary Opinion Trading
Contrary-opinion trading is perhaps the best solution to market madness and noise; it is a “thinking man’s” trading tool. A Contrarian is a person who takes an opposing view, especially one who rejects the majority opinion, as in economic matters. So, in a nutshell, if a CTA / Money Manager is trading as a contrarian, […]
How to Measure the Edge of Your Trading Entry Signals
When a CTA or Money Manager is testing or back-testing their entry signals, one of the most important aspects they look at is if the techniques they are using have a distinct “edge” for the time frame they are trading (short-term, swing, long-term, etc.). Understanding MAE and MFE Positive price movement is when the market […]