Commodity Strategies: High-Profit Techniques for Investors and Traders Book

Preface     ix
Developing a Trading System     1
Patterns, Trends, and Price Objectives     13
Chart Patterns     14
Trend Lines     15
Price Objectives     25
Using Spot Charts     30
Commodity Market Indexes     32
Spot Currency Charts     41
Other Useful Spot and Continuous Charts     48
Relative Strength with Commodities     39
RS Calculation Example     60
Other Strategies and Tools     71
Support and Resistance     71
Big Base Breakouts     75
Changing Box Size     77
Using Pullbacks and Rallies to Improve Risk-Reward     82
Momentum     85
Trading Bands     90
Putting It All Together     95
Old Friends with a New Trend     95
Our Approach     97
True Diversification-You Don't Have to Go Far to Find It     98
Putting It All Together     100
Initiating and Managing a Position     102
Risk Management     102
Diversification     103
Stop Loss Points     105
Risk-Reward     106
Putting ItAll Together: Specific Trading Examples     110
Exchange-Traded Funds (ETFs) and Commodity Markets     129
Timing Is Everything     129
History of Exchange-Traded Funds     131
Today's Commodity/Currency ETF Market     133
Evaluating the Point & Figure Chart of Commodity ETFs     136
Relative Strength Comparisons     139
Know What Is Inside     147
What Does the Future Hold?     151
Mutual Funds and the Evolution of the Commodity Markets     153
From Fruit Baskets to Baskets of Fruit     153
Oils Well That Ends Well?     155
Soft Dollar? Try Franklin's Hard Currency Fund     168
Thinking Tactically about Cash     172
Contemplating Cash     174
The Big Picture?     177
Commodity/Futures-Related Mutual Fund Vehicles     178
Final Thoughts     179
Commodity and Futures Reference Sheet     191
Index     193