Making Loss Work For You As A Futures Trader If you learn to make your losses work for you, they can become your ally, not your enemy. Last time we talked about loss and how it can galvanize you to refine your system and improve your approach, setting you up for success as a ... Go to...

Coffee Option Trade Coffee has been building a macro bull flag on the monthly charts for the last few years now. We are nearing the apex of this long term consolidating wedge which is often the time that a market breaks out. At the same time we just saw a ... Go to Full Article

The Education Of A Successful Futures Trader Becoming a successful futures trader doesn?t happen overnight. You don?t read a book and Voila! another successful futures trader dazzles Wall Street. It would be nice, but it?s just not going to happen. Once you decide to become a ... Go to...

Hedgers Nudge Gold to New Highs Gold ? April Gold futures posted a new record high this morning, as traders flock to precious metals as an inflation hedge. In addition to rising petroleum prices, the recent cold blast hitting much of the country has stirred the ... Go to Full Article

Consumers Brace for Higher Fuel Costs RBOB Gasoline ? Energy futures are slightly lower this morning on yet another rejection of the century mark in Crude Oil. Gasoline prices jumped due to a flurry of bullish news: the Alon refinery explosion, expectations that OPEC will ... Go to Full...

Commodities Sizzle Crude Oil ? Crude Oil futures jumped in overnight trading on continued expectations that OPEC may trim production at its March 5th meeting. Several of the cartel's ministers have indicated that they are leaning toward a production cut ... Go to Full Article

A Platinum Record Platinum ? April futures are up another eye-popping 54 dollars in early trading on worries that supplies will remain tight. South African utility company Eskom will limit electricity use to 90 percent for mines through 2012, ... Go to Full Article

Strong Economic Showing Fails to Rally Yen Yen ? The Yen is trading lower this morning, despite a stronger-than-expected GDP number in Japan. Price action indicates that the Yen carry trade is alive and well, with traders borrowing money in Japan and investing in higher-yielding ... Go...

Inventories, Chavez Lift Oil Markets Crude Oil ? April Crude Oil is higher in overnight trading, boosted by lower-than-expected inventories and a positive GDP reading from Japan. Yesterday's build of 1.1 million barrels was much lower than the 2.7 million barrel increase ... Go to Full...

Not Those Beans Cocoa ? March Cocoa is trading above the 2400 mark this morning on continued commodity strength and a weaker US Dollar. Commodities in general have been seeing strong inflows of money due to a shaky stock market and choppy treasury ... Go to Full Article

Crude Gives Back Crude Oil ? Oil futures are slightly lower this morning after jumping more than three dollars on Friday. Several OPEC ministers have hinted at a production cut at the March meeting to head off the possibility of a worldwide glut. ... Go to Full Article

USDA Friday Wheat ? March Wheat futures are limit up this morning, bolstered by strength in the Minneapolis contract and expectations that the USDA will slash the ending stocks figure. US Wheat carryout was forecast at 292 million bushels in ... Go to Full Article

Great Grains Wheat ? Dwindling stocks have left Wheat importers scrambling to lock up supplies, resulting in another limit up session for the grain. Yesterday?s close marked the sixth consecutive limit up session for the prized hard-red spring ... Go to Full Article

Positive Attitude in 2008 Will Reap Rewards for Futures Traders ?Your actions affect your attitude and your attitude drives your actions. It can indeed be powerful to get your actions and your attitude working consistently in the same direction.? As we enter a new year, I find these words...

Oil Makes a Slight Move to the Upside With stocks taking a turn to ?Bear Street? today, the Oil market stayed on the other side of town with the bulls. The price of the March Crude contract (CLH8) as of this writing is 89.90, marking the first day the bulls have come out on ... Go to...