Commodity Trading Today Blog
Commodity Trading Today Blog provides news and articles on the world commodities markets.
Subscribe to our free Newsletter for reviews of trading systems, software, and comments on commodity markets. Go here now! Extra Bonus when you subscribe: Access to Free INO Trade Alerts! Jun 29, 2009, NMCE India, Agricultural Commodity Trading GrowthNMCE India is a major Indian commodity exchange, looks at futures market, spot trading, agricultural commodities including rice and coffee Permalink -- click for full blog post Mar 25, 2009, How to Swing Trade Aggressively with OptionsHere is a novel way of looking at Swing Trading with Options by Carley Garner. Being privy to the options and futures markets along with trial Permalink -- click for full blog post Mar 11, 2009, Could $80 Oil Hit US Economy?With a collapse in global economic growth, crude oil (NYME_CL)prices have fallen dramatically from the heady heights of July 2008. But now the Permalink -- click for full blog post Feb 17, 2009, Crude Oil Falls 7% On Economic ConcernsWhile President Obama signed off the $787 billion stimulus package, economic concerns weighed on crude oil prices which fell almost 7% on Permalink -- click for full blog post Feb 6, 2009, Can CRB Index Predict Inflation and Deflation?The CRB index or indicator was established in 1957 and seems to have accurately forecasted every surge in the deflation and inflation cycles ever Permalink -- click for full blog post Jan 30, 2009, Introduction to Option Selling, Opportunities and PitfallsOption trading offers traders an unlimited number of strategies with various levels of risk and reward. Unfortunately, many retail traders are Permalink -- click for full blog post Jan 29, 2009, How to Trade EURUSD Forex And Reduce Stress LevelsLet’s look closely at the Euro and Dollar (EURUSD) relationship in the forex markets, the largest in the world, worth trillions daily and which Permalink -- click for full blog post Jan 26, 2009, Wall Street's Commodity ConundrumCommodity Talent LLC issues White Paper on Wall Street’s Commodity Conundrum NEW YORK, NY – January, 2009 Commodity Talent LLC, an executive search Permalink -- click for full blog post Jan 24, 2009, What Are Super-Contango Oil Profits?Normally the futures price of a commodity a few months out is higher than the current spot price and the difference is called contango. After Permalink -- click for full blog post Jan 21, 2009, Is Gold The Antidote to Economic Crisis Fallout?The question often asked is whether investing in gold is an antidote to this mega economic crisis which is gripping the global economy. In fact had Permalink -- click for full blog post Jan 20, 2009, LME Aluminium price falls as inventories surge to recordA surge in aluminium inventories to over 2.53 million tonnes sees the metal price fall to reach a September 2003 low. On the LME, primary Permalink -- click for full blog post Jan 15, 2009, Video on Diversifying Commodity Futures Trading ExposureI have just watched an excellent video showing the benefit of diversifying your commodity futures trading exposure, using Market Club’s Trade Permalink -- click for full blog post Jan 13, 2009, Watch This EUR USD Forex Video AnalysisWhile you focus on trading commodity futures, maybe Forex is what your portfolio is missing. Trading crude oil exposes you to a big market, but Permalink -- click for full blog post Jan 12, 2009, Outlook for Arabica Coffee Futures in 2009So where can we expect ICE Arabica coffee futures to move over 2009, given that last year saw an 18 per cent fall in prices due in large part to Permalink -- click for full blog post Jan 12, 2009, Top Secret for Successful Commodity TradingProbably the biggest secret for achieving success in commodity trading is discipline. And the biggest hurdle the commodity trader faces and must Permalink -- click for full blog post Jan 12, 2009, Tell Me About The American Petroleum InstituteThe American Petroleum Institute (or API) is a US trade group which represents the oil and natural gas industry. Members of API can range from Permalink -- click for full blog post Jan 9, 2009, Remember, trade the market, not the economySo what do we mean when we say... trade the market and not the economy? Aren't these just two sides of the same coin? We'll in fact in more Permalink -- click for full blog post Jan 6, 2009, Traders Whiteboard, Use A Trendline ApproachAdam Hewison of INO.com has released a very helpful trading video on the trendline approach on the traders whiteboard. By using a simple Permalink -- click for full blog post Jan 5, 2009, How to connect the market dots in 2009 VideoOne of the easiest ways to determine the trend in new year is to simply connect the dots. In this five minute video, I explain how you can Permalink -- click for full blog post Jan 4, 2009, Trade ICE Cocoa Futures, Exciting Soft CommodityDetails Ice Cocoa Futures contract, looks at deliverable cocoa bean grades on ICE Futures US for this exciting soft commodity Permalink -- click for full blog post Jan 1, 2009, Cocoa Commodity Trading, Soft Commodities MarketsLooks at cocoa commodity trading, world cocoa production and demand, harvesting and quality grades of cocoa such as Forastero and Criollo Permalink -- click for full blog post Dec 19, 2008, Dalian Commodity Exchange, Emerging Agricultural Futures MarketAbout Dalian Commodity Exchange, a fast growing commodity futures exchange in China focusing on non-gmo soybean, corn and palm oil and other agricultural commodities Permalink -- click for full blog post Dec 17, 2008, Gold In Backwardation, Gold Bullion As MoneyLooks at gold in backwardation, the link between comex gold futures and spot gold bullion prices, and possible implications for the paper monetary system Permalink -- click for full blog post Dec 15, 2008, Gold Exchange Traded Fund, Liquid Exposure to GoldUsing a gold exchange traded fund such as spdr gold shares or gold bullion securities for commodity traders or investors to gain exposure to the liquid gold market Permalink -- click for full blog post Dec 13, 2008, Supply of Gold Dynamics, Gold Mining ProductionLook at supply of gold dynamics, sources such as gold mining production, central bank sales of gold bullion and recycling the yellow metal from industrial applications Permalink -- click for full blog post Dec 12, 2008, Investing In Gold, A Hedge Against InflationReasons for investing in gold, including a hedge against inflation and the US dollar, using gold bullion and other instruments Permalink -- click for full blog post Dec 5, 2008, Connecting The Dots, Detemine Market TrendOne of the easiest ways to determine the trend in any market is simply to connect the dot's. Let me share with you this five minute video by Adam Hewison of INO.com, where you will see how you can connect the dots in any market to determine its trend. See three examples of connecting the dots...
One of the key components to look for is how a market closes on a Friday or the last trading day of the week. This is when traders have to decide what they want to do with their positions. It also tells you with a high degree of probability which way the market is headed for the upcoming week. Adam learned this trading secret on the floor of the Chicago exchange and it is one I would like to share with you today. I feel that this technique has a lot of validity, particularly in light of today's volatile markets. Enjoy the Video! William Davies Nov 21, 2008, How Low Can The Dow Go?Make no mistake about it, the market action on Wednesday (November 19th) was extremely negative for all of the indices that we track. The close below 8,000 on the DOW can only be described as negative, indicating further weakness to the downside. I am looking for this index to trade down to around the 6600-6700 level. Looking at the charts using our "Trade Triangle" technology, it is clear that the Dow has been under pressure since our first major sell signal at 11,290. I see no reason to alter this stand, as I believe the trend will continue to be on the downside, with further weakness in the weeks and months to come. Here are the three choices you have as an investor:
I'm often amused when I see people buying "defensive stocks." Why not get out of the market entirely when it's going down. Doesn't that make more sense to everyone? However, most brokers want you to stay in the market at all times fearing that they will miss a bottom. The key in trading is not to get out at the top, or in at the bottom. An investor's goal should be to capture 70% of a move. The middle is the sweet spot, and if you make enough in the middle then who cares about the tops and bottoms. Check out my new video and see exactly where we got out of the indexes and were we see the market headed right now... Enjoy the video! William Davies Nov 20, 2008, Crude Oil Below $50 A BarrelCrude oil has fallen below $50 for the first time since May 2005. Persistent worries about a world recession and a fall in global oil consumption are the main drivers. Earlier today NYMEX West Texas Intermediate light, sweet crude oil futures fell to $49.76. While on ICE Futures Europe in London, Brent Crude dropped to $48.92 a barrel. The US which consumes a quarter of world oil production has seen a significant fall in imports. From 10.1 million barrels a day in September 2007, one year on US oil imports are 8.4 million barrels a day, a fall of 16.5%. To reinforce this fall in demand, the Energy Information Administration said US stocks of crude oil surged by 1.6 m barrels last week, twice the amount expected. Compared to its high point in July 2008 of $147, the price of crude oil has now fallen by two thirds. And significantly OPEC has a crucial meeting on 29 November in Cairo, when a decision will be made whether or not to cut output again. In October the oil cartel announced a cut of 1.5 millon barrels a day. Permalink -- click for full blog post Nov 18, 2008, About Us at Commodity Trading Today, Contribute Your ArticlesAbout us and our guest contributors and how you can contribute your articles to Commodity Trading Today Permalink -- click for full blog post Nov 17, 2008, OPEC No To Crude Oil Output Cuts in CairoCrude oil prices fall again as OPEC suggests there are no plans for further production cuts at its 29 December meeting in Cairo. With a weakening global economy taking its toll on demand for crude oil, many commentators had expected more production cuts from the major oil producers. The oil cartel cut 1.5 million barrels a day from oil production in October but this move has not stopped the continual decline in the price of crude. From a high in July of $147, crude oil has fallen by around 60%, and is now moving in a range between $50 and $60. Earlier today Nymex West Texas Intermediate light, sweet crude futures were trading at just under $56 a barrel, while Brent crude in London fell to $53.74. While Iran, a major global oil producer, has called for cuts of up to 1.5 million barrels a day, Opec President Dr Chalib Khelil has poured cold water on the idea. Permalink -- click for full blog post Nov 13, 2008, A Plan To Save The World?Part two, or is it three? When Paulson came out today and stated that his earlier plan to save the western world was not working, he offered up a plan "C" (or is it "D") to relieve pressure on consumer credit, scrapping his earlier effort to buy the value mortgage assets. No matter what happens or what the next plan is, here are the 3 reasons I believe stocks are headed lower.
Now this may seem like a very pessimistic outlook and in some ways it is, however, there are always opportunities to make money in the marketplace. These opportunities may not be in stocks, it may well be in forex or the commodity markets. So buckle your seatbelt. I think we are in for a bumpy ride...check out the new video analysis New Video analysis of what could really happen. Enjoy! William Davies Nov 7, 2008, Where is the bottom in Crude Oil?I'm sure as a trader you've heard the expression, the "trend is your friend." That was never more true than today as crude oil (NYMEX_CL) crashed to new lows and the stock market resumed its downward trend. Today we are focusing on crude oil and the reason why it fell to new lows. We're also going to be looking at all of the "Trade Triangle" signals that we have received on crude oil since last July. The video is about nine minutes long and I highly recommend you watch it, simply because it shows you just how powerful trends can be. http://crudebottom.commoditycrunch.com The video also shows you why price action is more important than fundamentals. If you have a few minutes, please take the time to watch the video and learn how the markets really work. Since Barack Obama was named President elect, we can see how the markets have reacted at least in the short-term. Maybe not a reflection of Obama's potential as a president, maybe a reality check for problems in the economy. Not even the record cut in interest rates by the UK could help the markets today. Enjoy the video and please let us know if you've found it to be helpful and useful in your own trading plan. You can reach us online or you can call us directly at 1-800-538-7424 and someone from our support staff will be able to answer any questions you might have. Every success in life and in trading! Nov 3, 2008, Commodities Suffer Worst October In 50 YearsFollowing on from the global credit crisis, commodity prices have fallen heavily in October. So much in fact that the falls recorded put last month into the category of worst for around 50 years. Take the important base metal copper for example. Last Friday on the LME, 3 month copper fell just over $100 to $4,100 per metric ton, and the metal is down around 36% for the month. The bellweather Reuters Jeffries CRB index headed down 23% in October and last month also saw a decline of around 33% in the price of crude oil. This has come about despite OPEC announcing a cut of 1.5 million barrels a day in production. Just think that earlier this summer, crude oil was hitting $147 a barrel and now is around $60. The US is a big energy consumer and with third quarter GDP figures declining by the largest annualised rate since 2001, this is bound to hit the energy commodities hard. Demand for coal, crude oil and natural gas will be affected and this change will be reflected in the price for these commodities. And in these difficult times the US dollar has started to show some resilience. As a result, gold has taken a hit. Gold futures were down around 18% on the COMEX division of NYMEX in October. We are indeed living in interesting times and agricultural commodities have also posted price declines. Wheat futures fell the most in over 20 years last month, while soybeans and corn fell for the fourth consecutive month. These price movements will certainly mean that policymakers are shifting their attention away from inflationary worries towards trying to avoid a deflationary slump. Oct 29, 2008, Trading Crude Oil Short and Long TermSo where is crude oil going next? After the surge towards $150 earlier this year, it has now fallen to around $60 a barrel. And following OPEC's recent decision to only cut production by 1.5 million barrels a day, it seems the price of crude will remain weak in the short term. The deflationary forces in the global economy, following the financial crisis which spread from the US across the globe, means demand for oil will remain weak. As we enter the global recession, companies are downgrading their sales, earnings and profit forecasts, and economic inactivity and unemployment will rise. Against such a backdrop it is not surprising to see weakness in commodity prices in general and crude oil and gasoline prices in particular. Recently the US dollar has strengthened, as investors dump other assets and currencies and seek the relative safety of the dollar. But looking to the longer term we are likely to see a much stronger price for crude oil and will probably again see the $150 price level for this commodity. Why is this? Just consider that we are still in a long term commodity bull market and recent events are merely a healthy pullback. Mexican oil production has fallen away significantly in recent years and this country is a top exporter to the US. Oil companies will not be able to justify further exploration programmes while prices remain this low. When the global economy recovers, the lower supply will not be able to meet the increased demand. Have a look at this interesting video made by Adam Hewison, showing the excellent trading results for 2008 Q3 using INO's "trade trianlgle" technology. Enjoy! |