Commodities Trading Basics

Irrespective of whether you trade Commodities or Forex you should be concerned how much your broker takes. Now there is an opportunity for all traders to get Cash Back.

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Since 1934, traders, investors, analysts, portfolio managers, and speculators around the world have relied on the Commodity Research Bureau (CRB) to help them navigate the uncertainties of the commodity and financial markets. A much needed chart reference piece by the group that made technical analysis acceptable - Commodity Research Bureau. There are 10-year and 40-year bar charts for every futures contract of note in this volume. This gives the serious trader one valuable asset in every trade - PERSPECTIVE! Once you begin using these long-term charts, you 'can't go back.' Some charts, such as the currencies, have prices back to the 1920s.

Every market - metals, grains, stock indexes, energies, and so on has a detailed written summary on the history and events for the prior 20-40 years. For about twenty years until 1994, they used to publish a yearly 'Encyclopedia of Historical Charts' with daily charts for every single contract traded. This became the bible for anyone who wanted to check up on prior all-time highs, support and resistance levels, patterns of bull and bear price runs and price ranges in the past for a specific market. As a technician, I favor intelligence in my trading decisions. It is from these type charts that I learned to mark on the future, right side price scale all the prior highs (h) and support/resistance levels (s/r). These in turn, help to exit and re-enter trades in position trading.

Also assisting one's judgment are the Commitments of Traders reports plotted down at the bottom of all the 10-year charts. Invaluable! As an aid to assist the more financially trained, most of the individual physicals' charts are shown 'modified' with inflation data. As a result, you can see where the relative value of these commodity and financial markets are.