In just a few years, futures trading has grown from a specialized area to a major sector that is attracting pension funds, hedge funds, and other capital pools. Technological advances have led to increased globalization and around-the-clock trading, which has generated huge volumes that can be traded at minimal cost.
In Timing Techniques for Commodity Futures Markets, expert stocks and futures advisor Colin Alexander explains how to make money in all market conditions. He shows you how to set up monthly and weekly charts with indicators that determine which markets may be worth trading. Then he shows daily and intraday charts tell you when to pull the trigger and get into a trade and stay until market action generates an exit signal.
With Alexander's proven approach to evaluating markets, you'll learn how to avoid high-risk and marginal trades without sacrificing the high-potential ones. And, you'll see how informed applications of today's most effective indicators-including MACD, moving averages, stochastics, and Bollinger Bands-can help identify markets with the potential for extended moves.
Through a focused examination of how money determines markets, Timing Techniques for Commodity Future Markets shows you how to:
- Define a trend
- Interpret who trades what and how much
- Set stops and get out of trades
- Fine-tune short-term trading
Along with expert advice on such fundamental practices as building charts and reading candlestick charts, Timing Techniques for Commodity Futures Markets provides an insider's edge with rare information on the best chart patterns for all time frames, cyclical and seasonal forces and price rules for knowing when to pull the trigger on a trade. To illustrate real-time use, the Alexander includes two revealing case studiesone based on a prospective long position on gasoline and one based on a short position in copper.
|Publisher:||McGraw-Hill Professional Publishing|
|Product dimensions:||7.00(w) x 9.30(h) x 0.92(d)|
About the Author
Colin Alexander has more than 25 years of experience in the investment industry as a publisher, trader, broker, and systems developer. Former publisher of The Five Star Futures Bulletin, a consistently ranked top ten advisory service, he is the founder of a successful stock advisory service, stockscom.com. He also is the author of several top-level trade books, including The Streetsmart Guide to Timing the Stock Market, published by McGraw-Hill, now in its second edition.
Table of Contents
2Defining Direction: An Established Trend Keeps Going
3The Building Blocks for Charts
5Candlesticks: A Useful Tool
6MACD (Moving Average Convergence/Divergence)
7Moving Averages for Direction and Support and Resistance
8Stochastics and RSI: Overbought/Oversold Indicators
9The Magic of Gaps: Three-Bars Open and Go!
10Support and Resistance: Horizontal Barriers
11Diagonal Support and Resistance
13Chart Patterns that Work
14Cycle Theory: Time-based, Cyclical and Seasoned Forces
15Commitments of Traders: Who Trades What and How Much?
16Stock Indexes: The Prime Vehicle for Day-Traders and Position Traders
17The Entry Checklist
18Stops: Theory and Practice
19Getting Out of the Market: The Exit Checklist
20Case Study: Buy
21Case Study: Sell Short
22Short-Term Trading Techniques I
23Short-Term Trading Techniques II