If you have been trading for a while, you must be familiar with the fact that an up bar represents a bar with a higher high and a higher low than the preceding bar. The close is higher than the open. Up bars are an indication of an uptrend. However, on the last bar of te uptrend, the close will be lower than the open as there will be more sellers than the buyers in the market meaning the trend is about to reverse itself.

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Stock trading is ideally carried out in the stock market. However, since individuals have always shied away with the thought of taking part in this industry because of the thought that only the well-versed on this type of business activity is able to generate income. They say that it will not be too good if they insisted to participate in something that’s quite technical and difficult. Well, it must not be that complicated since acquiring the stock picks is actually the primary thing that will help you out. The subsequent couple of steps that you would have to consider are certainly going to be a lot easier.

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9-24-10 – Corn Market Recap Report

December corn rallied overnight and then surged into the day session, erasing nearly all of this week’s losses by late morning before moving into new highs for the day prior to the close. Traders said that support came from a lower dollar, very wet conditions in parts of the NW and north central Corn Belt and strength in other key markets such as soybeans, cotton, wheat, rice and equities. The heaviest rains have fallen this week in southern Minnesota and in the western Great Lakes region, resulting in localized flooding. Showers moved through the central Midwest today with the east expected to see lingering showers tomorrow. Drier weather is expected in the central Midwest tomorrow, which should allow for a resumption of harvest in areas where rain was more light and scattered. Other news is light today.

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Everyone has read the horror stories associated with buying a time share property. Enormous payments, poor accommodations, stolen resources, and hotels that shall we say have “lost their appeal”!

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10-1-10 – Corn Market Recap Report

December corn closed 30 cents lower on the session and down 56 cents for the week. The market traded moderately lower overnight and then posted progressively bigger losses throughout the day session. This took the December contract to limit down by early afternoon which constituted the lowest prices for that contract since September 9th. Traders credited the heavy selling to liquidation by funds who have been heavy sellers for most of this week. They noted that yesterday’s Grain Stocks report added to the already negative tone and accelerated selling by funds in corn. The rapid pace of the US harvest is also weighing on the market with mostly dry weather expected to extend across the Midwest into the middle of next week or longer. The negative tone overwhelmed the normally supportive influence of a substantially lower dollar this morning, and the rapid harvest pace has pushed talk of declining yields for the US corn crop to the sidelines. Talk of lower yield reductions had dominated the market in recent weeks.

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Wheat Market  Review Report for 11-04-10

The market saw a lack of new interested sellers due to surging commodity markets in general. A sharp break in the US dollar and an inflationary tone for other commodity markets this morning sparked aggressive buying and short-covering early in the session today as the market quickly recovered all of the losses of the past three trading sessions. Traders continue to believe that the sharp break in the US dollar combined with a tightening supply of exportable surplus wheat out of Europe should boost demand for US wheat but traders have been disappointed with recent sluggish sales. Continued talk of dry conditions in the western and southern plains has added to the positive tone. Weekly export sales for wheat came in at 565,600 metric tonnes for the current marketing year and 44,000 for the next marketing year for a total of 609,600. Cumulative wheat sales stand at 58.8% of the USDA forecast for 2010/2011 (current) marketing year versus a 5 year average of 63.7%. Sales of 454,000 metric tonnes are needed each week to reach the USDA forecast. Algeria bought 200,000 tonnes of optional origin milling wheat in their tender for 50,000.

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One of the most important thing that you should realize as a trader is that prices reflect market psychology. Markets are just human beings buying and selling. Trades do not take place in isolation. Trades whether they they are made  alone on the desktop or on the trading room are influenced directly or indirectly by the market psychology and the phenomenon of market memory.

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Corn Market  Review  for 9-17-10

December Corn finished 17 1/4 higher at 513 1/4, 4 off the high and 16 3/4 up from the low.

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9-29-10 – Silver Market Recap Report 

The silver market also showed some early morning weakness but it was able to reverse that tide and forge at least two separate rally attempts during the remainder of the Wednesday trade. The silver market might have been supported by news of lower Peru silver production for the month of August compared to year ago levels, but recently silver seems to be much more interested in demand rather than supply. Some traders suggested that silver and gold were in some ways lifted because of renewed inflationary sentiment that seemed to surface in the face of rising corn, energy and industrial metals prices.

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A solid futures trading platform is without a doubt particularly important with regard to your achievements in futures trading as an active trader in addition to futures system programmer. Regardless of whether you’re a amateur in futures buying, a programmer or simply an skilled investor, you’ll want a futures trading system that can fulfill your needs.

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