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Mathew Barnes
13 Jul, 2009
Like many traders, investors, analysts and newsletter writers, I’m patiently waiting for the US Dollar to drop like a stone.
How much would you pay for a glass of water? Alternatively, what is a glass of water really worth? The answer of course is that it all depends.
Losses are a part of the game. Well I use the term ‘game’ loosely but it can be that way just like life. But as with life we like to be in control to what extent can be reasonably expected.
Anyone who has attended the Hot Commodities Summit in 2008 or 2009 would be aware of the profit potential of trading commodity futures. However, for many, particularly new traders, futures can seem inaccessible, perhaps because they require more capital, or perhaps simply because they are too confusing.
Moving averages (MAs) are often the first technical indicator learnt when studying technical analysis, and why not they are straight forward and help gauge where a market is in relation to its history.
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