As traders, we are required to take decisive action. This is where having a written trading plan will help us to make those rapid decisions when the market conditions set up in our favor.

Most traders, when trying to determine if a market is overbought or oversold, rely on an indicator.

How about this volatility in the Futures markets that we are experiencing? Some point to events like geopolitical and natural disasters for causing this elevated volatility.

Markets are continually in a state of moving from range contraction to range expansion.

Unlike a Stock that has no expiration, this creates a few challenges to the Commodity trader. The question soon becomes, "Which chart do I trade Commodities on – Continuous or Contract Specific?"

This question can be inviting under the right circumstances. However, in the Futures markets, it could mean you are in for a large move against your position when the market reopens in the morning.

Risk, this is something we all try to avoid, but we also know that with risk comes reward.

Consistently profitable traders rely on more than one piece of information for making a trading decision; they will use tools that help them spot confluences at specific price levels.

Open interest can be defined as the cumulative number of Futures or Options contracts that have not expired, been offset or fulfilled by taking or making delivery after the close of each trading day

Traditionally, Commodity Futures contracts are settled by physical delivery upon expiration.

Commodity Futures markets are dominated by Commercial traders on a daily basis.

Futures contracts do not use 52 week highs and lows as Stock traders do.