Traders might well know that trading in the direction of the institutionals is usually considered being right side of the market. Besides the Commitment of...

Crude oil remains the most important commodity on the planet. Without it, economic and political life as we know it would cease to function.

Four BIG trends will determine where prices go next:

• China's transition to No. 1 oil importer.
• The death of Hugo Chavez.
• Iran's distribution of Chinese-made weapons.
• New projections for the U.S. gas boom.

1) China's transition to No. 1 oil importer

In a world of unlimited data, what key economic news and information should investors and traders in forex focus on?

Every talking head on the financial news networks are celebrating the new all time closing high on the Dow Jones Industrial Average (DJIA). Last week, the DJIA crossed above the 14,198.00 level that was last made in October 2007. Today, the DJIA is trading as high as 14,515.00 which would be another new closing high on the DJIA. Many analysts and Dow Theory followers are looking for much higher levels on the DJIA. So what are the problems with this rally if everyone is so bullish at this time?
 

Trading with the trend should be your main focus for long term success no matter what type of trader you are (Options Trader, Stock Trader, or ETF Trader) although it’s not as easy as it sounds.