What is the best indicator for commodity trading

[ritika1124 11]

Want to explore about stock and commodity market

[zuinjimi 0]

In any asset class, the primary motive for any trader, investor or speculator is to make trading as profitable as possible. In commodities, which include everything from coffee to crude oil, we will analyze the techniques of fundamental analysis and technical analysis, which are employed by traders in their buy, sell or hold decisions.
The technique of fundamental analysis is believed to be ideal for investments involving a longer time period. It is more research-based; it studies demand-supply situations, economic policies, and financials as decision-making criteria. 
Traders commonly use technical analysis, as it is appropriate for short-term judgment in markets and analyzes the past price patterns, trends, and volume to construct charts in order to determine future movement.

[mukti 0]

A chart with %K and %D is known as Slow Stochastic. The stochastic indicator is one of the good indicators which can be clubbed best with the RSI, among others.Traders commonly use technical analysis, as it is appropriate for short term judgment in markets and analyzes the past price patterns, trends, and volume to construct charts in order to determine future movement.