Following recent hikes in oil, gas, copper and wheat prices, commodities have once again come to the focus of the investment community and the average person on the street. What affects the supply of oil?
Many aspiring futures traders believe they do not need any outside help when learning how to trade the futures market. I call "an aspiring trader" anybody that is not yet a "Professional Trader". Part of the allure of trading in general is the independent lifestyle and freedom that it can provide for you if you are successful at it, but to achieve this takes time, and knowledge, and that knowledge needs to come from somewhere.
Technical analysis attempts to forecast future price movements by examining past market data. Most traders use technical analysis to get a "big picture" on an investment's price history. Even fundamental traders will glance at a chart to see if they're buying at a fair price, selling at a cyclical top or entering a choppy, sideways market.
Technical analysis attempts to forecast future price movements by examining past market data. Most traders use technical analysis to get a "big picture" on an investment's price history. Even fundamental traders will glance at a chart to see if they're buying at a fair price, selling at a cyclical top or entering a choppy, sideways market.
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