What are the most important economic indicators and how you can use them in your day to day trading ventures. How are markets reacting to certain indicators and which of them are those that really matter.The following article shows you the economic indicators that track the health of the U.S. Economy and how the numbers should be interpreted when trying to come up with meaningful conclusions about the current state of the economy.
The CME shuttered all pit trading activity after almost 170 years. And with it died the pit trader a very stressful but lucrative job characterized by harsh competition, frenetic screaming and hand signaling among men exchanging billions of dollars worth of commodities per day. Let’s go back in history to remind us how it was back then before everybody started to hide behind a computer screen.
Before you can analyze a report or trade based on the data released you must be aware of what the expectations are. Learn how you can avoid the pitfalls of fundamental analysis and successfully implement fundamental analysis into your trading strategy.
How to get the right trading mindset for success ? The first thing one must realize that this is an internal search. One must learn what is holding you back in being a successful trader. only when we have such an awareness we are able to change.
How to implement a ranking system for trend following strategies. Analyze the probabilities and trade the commodity with the odds in your favor and the highest risk-reward potential.
In today’s uncertain markets, traders who want to spot major market moves and protect themselves against large losses should consider using spread trading. Spreads are one of the most powerful market indicators. The two major ways looking at them are the price premium structure and the strengthening/weakening of the spread.