The best time to trade using a good
commodity broker is today
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Commodity
Broker
A Simple But Potentially Highly Profitable Approach
For Trading Commodity Futures
I have been using this methodology
to trade the commodity markets successfully for some time now. This unique
trading method is simple and easy, but with nice profit potential.
It involves buying higher swing-lows
and selling lower swing-highs. Also known as pivot-points.
A definition of these swing-highs
and swing-lows is appropriate here: A swing-high is a high bar with
lower bars on both sides of it. A swing-low is a low bar with higher
bars on both sides of it. The more lower bars to the left of a swing-high
the better. The more higher bars to the left of the swing-low the better.
That makes them more significant and presumably more powerful swing
points. However, only one bar on either side is acceptable (but two
or more to the left are usually stronger signals).
My trading methodology requires
two (or more) consecutive swings, with the second one being a higher
swing-low than the preceding one for a buy. Alternately, the second
swing-high must be a lower swing-high than the preceding one for a sell.
The actual long trade entry takes place on a buy-stop
two ticks above the high price of the last bar (the bar following the
swing-low pivot bar), for a buy. The short trade takes place on a sell-stop
at two-ticks under the low price of the last bar (the bar following
the swing-high pivot bar), for a sell.
Your stop-loss order is placed 6-ticks
under the lowest price of the last swing-low bar on a long trade. The
short trade stop goes 6-ticks above the highest price of the last swing-high
bar.
You can make some really outstanding
money using this simple, but very effective trading methodology.
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