Introduction: In the world of technical analysis, the terms "divergence" and "convergence" are often used to describe the relationship between different indicators and the price of an asset. These terms are important to understand because they can...
Read MoreIntroduction: The Series 3 license, also known as the National Commodity Futures Examination, is a professional certification that allows individuals to engage in the trading of futures and options on futures in the United States. Obtaining a...
Read MoreIntroduction: The Chicago Board of Trade (CBOT) is one of the oldest and most important commodity exchanges in the world. Founded in 1848, it has played a vital role in the global commodities markets for over 170 years. The CBOT is known for its...
Read MoreIntroduction: CWT, or hundredweight, is a unit of measurement used primarily in the commodity trading industry. It is used to express the weight of various goods, including agricultural products, metals, and energy. Understanding CWT and how to...
Read MoreIntroduction: Point balance is a trading strategy and education used in the futures and commodities markets. It is a method of analyzing the market and determining the best course of action for traders. This strategy is based on the idea that the...
Read MoreIntroduction: Pre-market and after-hours trading refer to the buying and selling of securities outside of the regular market hours. The regular market hours for most exchanges are from 9:30 am to 4:00 pm EST, but pre-market trading typically begins...
Read MoreIn the world of commodities trading, the terms "contango" and "backwardation" refer to the relationship between the spot price of a commodity and the future price of that same commodity. Both contango and backwardation have significant implications...
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