I think the chart is definitely looking better and the forecasts are for colder November. We actually just wrote an in depth piece on natural gas, chart and fundamentals.
While I am not tax professional, based on my experience in this business, it should be the normal short/long mix. Your tax rate is contingent upon your adjusted gross taxable income level and the 1099B Issued for your futures transactions. Your 1099B gain or loss will be taxed like all other...
would love to see larger images of the charts to possibly shed some light.
Yes, if you use continuous charts or adjusted continuous charts you will see slight differences in the daily/ weekly even monthly charts.
Since future contracts have expiration dates ( unlike stocks) and lean hogs for...
I like CL for day trading, high level of "fear and greed"
I like NG for swing trades better than day trades.
Use range bar on CL ( 18 ticks)
I like to use range bars/ Bollinger bands/ Price confirmation.
You can see videos more info here.
lots of good advise I read above....
start slow
keep journal
have a game plan when it comes to money management
be patient
be disciplined....
be realistic
Be careful, very volatile market with some wild moves either way.
Explore using options along with futures if you do, perhaps look at correlation with Platinum as a possible spread.
Notice volume is relatively thin for a futures contract.
combination of indicators/news/money management and much more....
Some of my personal opinions in videos below.....
Using overbought/oversold:
Range bars
Bollinger bands:
Price Confirmation:
Yes.
e-micro Australian dollar free chart:
https://www.barchart.com/futures/quotes/MGZ19/overview
e-micro British pound free chart:
https://www.barchart.com/futures/quotes/MB*1/profile
Some dont believe in indicators whatsoever, some use them as a foundation for their trading.
Depending on the style of trading you use certain indicators will work better than others. Most indicators are lagging and follow price action.
here is a list of a few videos I put together for our...
There is a differences between news feed (our software has a free built in news feed) and an actual voice/live breaking news that you can hear while you trade along with instant analysis.
I personally prefer the voice breaking news.
There are a few services I like personally and we offer free trials to all 3 ( PM me if you like to be set up or visit our FREE TRIAL page):
TTN
RAN Squawk
BetterTrader App
to expand a bit more.....
Any financial risk you take should include an exit plan for both an unsuccessful as well as a successful outcome. Trading futures and futures spreads is no exception. These can be determined based on a straightforward dollars and cents basis. In the case of futures...
Need to figure the game plan before entering the trade in my opinion and the answer will vary for diff. traders:
for me personally, figure out max risk and exit based on CLOSING prices - not intraday
buying 1 dec silver 18.50 call and selling 2 dec silver 19.50 calls ( can be 2 by 4 or 10x20 - the ratio is 1:2)
currently this spread is trading at a credit of approx. 5 cents or $250 per ratio spread.
this is just an example, not a reco....
I asked my colleague Mark O'Brien who trades LOTS of spreads in diff. formats for his input, ( most of us in the office refer and use www.mrci.com when it comes to spreads):
This is a classic “bull spread:” buying a front month and selling a deferred month. In theory, the supply/demand forces...