The Forex course material is displayed like a normal web page. This is more visual commentary of all the active markets. Trading Systems and Strategies. Trade the news — Bank of England news release reaction!
Memorial Day typically marks the beginning of the "driving season" in the United States and similarly, a vast number of the rest of the world's population prepares to "go on holiday. Seasons and weather changes aren't the only cycles affecting the markets. Cycles in the financial arena can affect related futures trading markets. Consider how a nation's fiscal year and tax due date is often at variance with others who are important trading partners.
That can influence currency flows and the forces on interest rate-sensitive instruments. Spread trades can take advantage of these types of cycles. And how that spread found itself into this article leads me to the heart of the article: They may be harder to find, but there are some very good sources of research on futures spreads available for your investigation.
My personal favourite is Moore Research Center, Inc. They're responsible for the description and record keeping of the interest rate spread I just cited.
Although spread futures trading represents an important slice of the overall trading volume in the futures markets - and is used as a futures trading strategy by some very sophisticated participants, I see it as an approach worthy of investigation by futures traders more broadly, including most of our readers.
Even if spread trading futures can take on the directional characteristic of straight futures trading, it is certainly an overall different approach and that can be the trading futures strategy diversification you're looking for.
As is always the case when we share trade proposals of this sort, we want to make sure we square up our discussion with the always-important information. Spread trading like all futures trading, isn't without its risks. Even with regard to the annual cycles referenced above, which will inevitably ebb and flow both daily and longer term - no spread works every time.
Just look at how some summers are hotter and dryer - and at more critical times - than others for an example of what can affect a grain, livestock, energy, possibly even another type of futures trading spread.
Make sure you're aware of the risks to trading futures spreads as you should with any futures trade. A spread usually comprises of multiple futures related positions. If we have to recognize the spread for margin purpose, there needs to be an economic connection between its constituents.
Gold and silver are fellow travelling precious metals; however, formally recognizing the spread by exchanging clearing house is needed if we have to derive the spreads benefits. In most of the cases, the benefit is reduced margin requirements.
Selling Gold against Silver purchase wagers on an improvement in silver's buying power, whether it derives from a rise in silver's price or a decline iThere is a variety of "Spread Trading Software" that can help you analyze your trading needs gold's.
A spread, therefore, gives you an opportunity to profit regardless of overall market direction. The price of crude oil is a vital global economic factor.
This means that day trading is often influenced by political and commercial concerns. If the price of oil remains high over a period of time, cost of products like fertilizers and plastics are also inadvertently affected. Crude oil futures are standardized, exchange-traded contracts in which the contract buyer agrees to take delivery, from the seller, a specific quantity of crude oil e.
Wheat futures are standardized, exchange-traded contracts in which the contract buyer agrees to take delivery, from the seller, a specific quantity of wheat e.
Producers and consumers of wheat can manage wheat's price risk by buying or selling wheat futures. Producers can deploy a short hedge to lock in selling price for the wheat they produce while the businesses that require the wheat can make use of long hedge to secure a purchase price for the commodity needed. There is a variety of "Spread Trading Software" that can help you analyze your trading needs. Trading is truly a fascinating pursuit. The markets can in still excitement, frustration, irritation, exhilaration - really a wide range of emotions - conceivably, even within a single trade.
Trading is definitely one of those undertakings where one has to constantly study, evolve and grow. There are also a number of different approaches to trading, including day trading, swing trading and position trading. One narrowly defined approach to trading - probably most relevant for day traders - is trading around economic reports. The release of economic reports occurs almost daily. Most come from the U. Some garner considerable attention by traders; others draw barely a thought, much less a glance at their impact on the markets.
This article doesn't attempt to detail any particular number of them and their significance. Rather, it lists some pointers that can help traders prepare for reports releases. This helps to eliminate some, but not all, of the prevailing price risk facing commodity producers.
It also helped to build a more liquid market environment for the commodity producers themselves. Again, before the creation of the commodity futures trading markets , contracts were drawn up between the two parties specifying a certain amount and quality of a commodity that would be delivered in a particular month In , a central dealing facility was opened in Chicago, USA where farmers and dealers could deal in 'spot' grain, i. Commodity Futures Trading evolved as farmers and dealers committed to buying and selling futures contracts of the underlying commodity.
Perhaps surprisingly, until only about forty years ago, trading futures markets consisted of only a few commodity farm products, however, now they have been joined by a huge number of tradable financial and other tradable products such as precious metals like gold, silver and platinum; livestock such as hogs and cattle; energy contracts such as crude oil and natural gas; foodstuffs like coffee and orange juice; and industrials like lumber and cotton.
Trading commodity futures and options involves substantial risk of loss. The recommendations contained in this letter are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not necessarily indicative of future results. For beginners, futures traders can also check detailed comprehensive trading futures market insights and strategies in commodity futures trading through our educational resources, articles, other Beginner's Guide To Trading Futures which are mentioned below:.
The risk of loss in futures trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition. Cannon Trading Company, Inc. Service Details Why Cannon Trading? Start Your Own Trader's Profile. Help Me Choose a Platform. What is Futures Trading? Trading Futures Basics As implied above, the commodity futures trading markets are not simply all about hogs, corn and soybeans. Delving Deeper into the Beginner's Guide to Trading Futures For beginners, the term contract can, at first glance, seem cold and uninviting, but it is consciously used because, like any other legal binding contract, a futures investment has an expiration date and standardized features.
Share this Infographic On Your Site. Please include attribution to Cannontrading. Beginner's Guide To Trading Futures Infographic Click play to watch video on Basics of Futures Trading and Trading Platforms to Choose From Getting Started with Commodity Futures Trading Before you get started Futures Trading or Commodities Trading , make sure you educate yourself with trading futures beginners guide, learn an online commodity futures trading platform , and get to a known commodities broker.
How do I get started with Futures Trading? Self-directed, Broker-assist, or Managed? Execution of Trading Futures Our future brokerage firm has been in the same location in Beverly Hills, California since and has the experience and tools to help you achieve your trading futures goals. Patience, Tolerance, and Trading Psychology Navigating the futures trading markets is not understood overnight. Trading Around Economic Reports Trading is truly a fascinating pursuit.
Know the times reports are set for release Know which markets reports may impact Know what the markets are expecting and how different outcomes will affect market movement Do your homework, i.
Focus on the reports that affect the markets you trade. In general, I like to know what the market expects, observe the market's reaction to the actual data, let the initial strong move occur and then if there is a clear direction, I like to try trading the second wave.
That means if I am looking to go short, I would give the market time, take a look at price action and wait for higher prices to go short. It's possible I may miss the trade but I prefer to be rather conservative and follow the thinking that "no trade is better than a bad trade.
One must be experienced enough and understand the many factors and risks in trading during major numbers and know how to send attached orders. If you trade energies, you should know that Wednesday morning at 9: If you trade natural gas, Thursday morning at 9: There are a few great sources on the web that will list these reports and their meaning, including some free sources as well as paid services. The latter often provide real time updates and commentary. The vast majority of these reports are regularly scheduled weekly or monthly.
Others, such as Federal Open Market Committee events occur every weeks. Last but not least, do not enter a trade with the idea that you'll just get in and see how it goes. I will expand on this topic in future articles and write specifically about certain reports, the markets they affect, and more. Until then, don't just jump in and start trading economic reports. Talk to a series 3 professionals at Cannon Trading Co, Inc.
Trading Commodity Futures has its birth In , a central dealing facility was opened in Chicago, USA where farmers and dealers could deal in 'spot' grain, i. Our new candlestick chart generation tool for MT4 allows you to create custom time frames and candlesticks - including Renko candlesticks.
Generate custom time frame charts with control over the candle open times. Easy to use interface, generate as many chart variations as you like, all from one easy panel. Your War Room membership will open up the door to the most comprehensive on-line advanced Forex price action trading course for the serious, passionate, and dedicated trader. The Price Action Protocol has already put thousands of thousands of war room members on the path to becoming consistent, confident, and profitable traders.
You will also discover powerful money management blueprints that are not seen anywhere else, and can be applied to any trading strategy. Many Forex traders are now calling the Price Action Protocol their new 'trading bible'. Learn the skill of 'naked chart reading' and make simple, logical trading decisions, without the need for indicators. The Price Action Protocol is a trading methodology that will teach you how to make trading decisions based off real price movements.
No need to worry about complicated indicators, complex mathematical models or 'magic tools' any more - "Trade what you see". The Price Action Protocol will teach you the easy to learn 7 low risk - high probability Price Action trade signals. These signals will allow you to anticipate price movements before they actually happen and point you in the same direction as the smart money, so you can ride the big trends to squeeze every last pip from the market.
The course contains 3 highly effective money management blueprints that can be applied to any Forex trading strategy. Included are risk mitigation and profit multiplication techniques that are not shown anywhere else. Would you believe me if I told you that I achieved this with almost zero risk to my capital? However, opportunities to use this pyramid model don't come everyday, please be realistic and only expect to use the pyramid money management model in moderation.
Sick of placing buy and sell orders without knowing the real fundamental reason why you're placing them in the first place? The Price Action Protocol will teach you how to read price action behaviour so when you place a trade you know exactly what you're doing so you become that confident trader you've always wanted to be.
In the War Room 'Chart of the Day' section, we feature a chart that has produced the most interesting price action at the end of each trading day and discuss it in detail. We provide our market analysis, point out promising price action trade opportunities that align with the Price Action Protocol, and discuss trade execution.
The 'Chart of the Day' really helps War Room traders accelerate their chart reading ability as they learn how to read, and approach the 'live' markets on a day to day basis. At the end of the trading week, we upload a minute video tutorial which provides a visual walk-through of all the active markets. The weekly video is a great way for a trader to get a feel for price action trading in current markets.
Check out the video to the side to see a sample of some of our weekly video commentary walk-throughs. Become part of an active group of traders that support and help one another with the mutual goal of becoming successful with Forex trading.
Strength comes in numbers, and the community aspect of the War Room is a great place for like-minded traders to come together to help others or be helped.
Share your trade ideas, talk all things Forex, ask questions and learn from others who have the answers to help you reach your trading goals. No trade signal gets unnoticed by the collective activity of all the War Room traders scanning the markets. Quite often a profitable trade signal is bought to my attention from another member. This indicator will scan the candlesticks and highlight some of the most popular candlestick patterns that we're trading everyday in the Forex markets. No need to sit and watch the charts - This software can send alerts to your smart phone and even send you emails.
Multi Time Frame Scanning Want to keep your 'finger on the pulse' on all the popular swing trading time frames? This tool can passively scan the 1 hour and 4 hour charts, as well as the time frame it is attached to. Donchian Channel Marking Donchian channels were used by the famous turtle traders. I have always had a personal interest in them, they can offer some very interesting technical analysis.
Normally you would need to load scripts onto multiple charts to get this result, even then you still would be 'locked in' to your broker's server time.
With my panel, you can break free of those restrictions, and generate as many customized charts as you like, all from the one location. This tool will give you a chance to view price action from a different perspective - giving you an 'unfair advantage' over other MT4 users.
All custom charts generated by this tool are fully able to support indicators and expert advisors loaded on to them - making this tool compatible with any trading system. As part of your War Room membership, you will have access to our cutting edge money management and trade execution expert advisor for MT4. This EA takes advantage of the latest updates in the MT4 code - utilizing the panel technology. OCG Order option set a group of pending orders, which every triggers first remains, the rest are cancled.
Click the images below to see them in full size view The most common complaint I receive about other Forex membership sites is that the trader was 'left for dead' once they signed up.
Even after paying for the service, occasionally traders are even asked to pay extra fees to receive help from the site owner. I am an active Forex trader, and am very active in the War Room.
Whether is it me, or other war room traders, you will get the help you need. I will not ask you for an extra hidden fees.