Build Your Trading IQ

Basics, building blocks & resources for new traders

Use Price Channels to Trade Futures Based on Support & Resistance Levels

By | February 14, 2017

Price channels can be used to identify then analyze support and resistance price trends when trading futures or forex. These trends can provide market movement indications that may act as signals for buying and selling futures trading positions. Read More

Head and Shoulders Chart Pattern: Spot Potential Market Reversals

By | February 8, 2017

Head and shoulders futures chart patterns are identified by a left shoulder, head and right shoulder. They are an example of how to use technical analysis to spot potential market reversals. The head and shoulders chart pattern can form in two types: Read More

How to Identify Double Top and Bottom Patterns

By | February 6, 2017

Double top and bottom chart patterns are used to predict bottom and top reversals in futures markets. Identifying this pattern in a trading chart could indicate the beginning or end of a market trend. By showing both the ‘bottoming out’ and ‘topping out’ of a trend, double top and bottom chart patterns can be helpful in finding a potential trade setup. Read More

Technical Indicators: When to Trade a Futures Contract?

By | January 30, 2017

Technical indicators help lay the groundwork for deciding when to buy or sell a futures contract. Trading with assistance from technical indicator signals provide structure in what is otherwise a dynamic futures market. Trading indicators are designed with the purpose of providing estimated calculations on price, volume and volatility.Read More

Technical Analysis & Its Critical Role in Futures Trading

By | January 24, 2017

Technical analysis is the study of historic price and price behavior of a financial instrument as applied to real-time futures trading. Read More

Trading Futures Online: 4 Questions New Futures Traders Should Ask

By | January 20, 2017

There are many different ways to approach trading futures online and numerous factors to consider. This includes selecting a broker, trading platform, and risk management strategy…just to name a few. Below are some questions to ask yourself and guidelines to follow to help you through this process:Read More

Futures Contracts: What Should I Consider When Choosing a Contract to Trade?

By | January 11, 2017

For new traders, one of the most challenging decisions can be selecting a futures contract to trade. There are many factors to take into consideration including: Read More

Expose Trends & Volatility Using Range Bars

By | January 9, 2017

Developed in the mid-90’s by Brazilian broker and trader, Vincente Nicolellis, Range Bars offer day traders a different perspective on the markets by eliminating time from the equation & focusing solely on price. Read More

Managing Margin In Futures Trading

By | January 3, 2017

A constant to any futures trading strategy is managing margin risk. It has been said, with increased risk comes potential for increased profit. The mechanics of managing margin risk should be taken very seriously while balancing the opportunity it can bring. Read More

Day Trading Setup: Backtesting with Indicators

By | December 22, 2016

Backtesting using indicators can help you identify a potentially effective day trading setup and serves as a starting point for many traders. There are many ways to incorporate trading indicators into backtesting. Below we will explore a methodology and an example of a trade setup.Read More