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Advice for Long-Term Traders:

Take note the yearly ranges for the commodities you trade. What are this year's highs and lows? Are they higher highs, lows and closes compared to last year? Does the close confirm the price action? What is the long term trend? How does this year's average price range compare to the last three years' average range? Should next year have greater volatility than this year? How much in dollars was the price move from the annual lowest low to highest high? How much did you take out of that range? What should next year's high and low be for the commodities you trade based on your yearly trend analysis? These questions define the yearly long term price bars, use the monthly price bars to answer them. Use weekly price bars to answer major trend questions for monthly highs and lows. Believe it or not, we do this kind of price yearly price analysis for the stocks we trade in our Instant Income Guaranteed program.

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Saturday, 22 June 2024

Derivative transactions, including futures, are complex and carry a high degree of risk. They are intended for sophisticated investors and are not suitable for everyone. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results, and all of which can adversely affect actual trading results. For more information, see the Risk Disclosure Statement for Futures and Options.