Crude Oil futures climbed on Wednesday on news that the International Energy Agency (IEA) forecasts an .2 increase to 1.6 million barrels per day for 2017. The spike in demand exceeded the IEA’s expectations pushing its forecast to a high not seen in roughly two years. Read More
So, you are interested in trading futures, first things first…what is a futures market?
Futures are standardized contracts for the purchase and sale of financial instruments or physical commodities for future delivery on a regulated commodity futures exchange. Below are some examples of futures contracts:Read More
Pivot Points are a popular method for determining market trend & short-term support/resistance levels using numerical averages of an instrument’s high, low & close.
The term “pivot” is often thought of as reaching a pre-determined point (support & resistance) then reversing course.
Not only can day traders use Pivots as leading indicators to determine bullish or bearish trends, they are also utilized for entry & exit points and they can act as a guide for profit target & stop loss placement. Different from a number of indicators that update dynamically throughout the trading day, Pivot Points remain static on a chart. Read More
NinjaTrader 8 features two types of Data Boxes, providing quick access to price action & indicator values.Read More
Major trend reversals can potentially be identified by recognizing double top patterns as detailed in ‘How to Identify Double Top and Bottom Patterns’. When conditions of double top patterns are identified, potential trading ideas may present themselves. Backtesting or using a simulator environment can be a logical next step to explore these trading opportunities. For NinjaTrader users, the Playback feature provides the ability to play, pause & rewind the market tick by tick using real market data.
The U.S. Dollar posted gains on Tuesday ahead of this week’s key economic event, the Jackson Hole Economic Symposium, where both Fed Chair Janet Yellen and ECB Chief Mario Draghi are expected to speak. Quantitative Tightening is likely the big topic of discussion as investors look for clues on the direction of interest and currency rates. Read More
Highly volatile futures markets can be characterized by dramatic swings in price action and spikes in trading volume. When two indicators of volatility react to unexpected ‘market moving’ news simultaneously, this could potentially mean market sentiment is changing. Read More
Automated trading tools allow traders to build their strategy in a computer-based system which will automatically execute trades based on predetermined market conditions. There are many advantages to automating your trades versus manual trade execution including the removal of emotion, time savings, and the potential to trade multiple markets simultaneously. Read More
The VIX, widely considered the fear gage within the markets, popped over 35% in intraday trading on Thursday, signaling a possible return of volatility as major indexes retreat amid geo-political concerns and gradual monetary policy tightening.Read More
As tensions escalate between North Korea and the United States following President Trump’s threat to unleash “fire and fury” in response to Pyongyang’s remarks on “carefully examining” a strike on Guam, global stock markets reacted in a predictable safe-haven fashion.Read More