Kevin Kerr’s unparallleled expertise in futures and commodities has made him a regular contributor to news outlets like CNN FM, CNBC and CBS Marketwatch Product DescriptionKevin Kerr’s unparallleled expertise in futures and commodities has made him a regular contributor to news outlets like CNN FM, CNBC and CBS Marketwatch, where he has been quoted in [...]

Continue reading...

Have you ever traded multiple timeframes? No, then let me explain what multiple timeframe trading is. In multiple timeframe trading, a trader first looks at a longer timeframe like a monthly or weekly chart to determine the overall direction of the trend. Multiple time frame trading is a trading method used extensively by forex traders. It involves the use of multiple timeframes.

Continue reading...

Divergences are often used as important trading signals. But it doesn’t mean that divergences will always predict a reversal correctly. Price oscillator divergences have long been acknowledged by technical traders as a solid indicator of potential price reversals. Well defined divergences particularly on the long term charts can be surprisingly accurate in many instances.

Continue reading...

Pivot points are considered to be leading indicators unlike most of the other technical indicators. This makes them highly useful to the traders to tell them about the market sentiment whether it is bullish or bearish. There are a number of pivot points that you need to calculate. How is the pivot levels calculated? Beginning with the main Pivot Point that is calculated from the previous day’s key price points, the resulting support and resistance are subsequently derived from the following calculations:

Continue reading...

Lets assume that you already have got a trading system that tells you where to enter the market. Now you have a trading system that tells you when to enter the market. Does this system also tell you where to get out before you enter the trade?

Continue reading...

Candlestick charting methods had been developed by Japanese rice traders hundreds of years back. However, candlesticks have become popular in the Western trading community especially the United States in the past decade.

Continue reading...

The lower the prices of oil, the lower the inflationary pressures are going to become but this is not always true. The higher the price of oil, the higher the inflation would be and the slower the economic growth is going to become. Take oil as an inflation input and a limiting factor on the overall economic growth. Rising oil prices tend to retard economic growth that in turn depreciates the domestic currency. When you see oil prices making major moves, watch for the currencies that have a strong relationship with oil to make major moves as well. Some currencies have a positive correlation with oil meaning that when oil prices go up, the value of the currency also goes up. Other currencies have a negative correlation with oil meaning that when oil prices go up, the value of the currency goes down. If you can, utilize those currency pairs that have one currency with a positive correlation and one currency with a negative correlation in the pairing, like the CAD/JPY. This will help you not only make profits in your forex trading but also offset the additional expenses in your budget that will be brought on by rising oil prices.

Continue reading...