Registered: Jan 2012
01-25-12 12:14 AM
I'm new to trading the commodity futures markets, so please bare with me if this question sounds a bit too "newbie'ish." Currently, I trade equities and been slowly making the move over to derivatives. Commodity futures are looking attractive right about now. So far, I've betted on a few commodity futures by basically throwing darts at a board and using technical analysis. Fortunately, I've profited every time, but I know I can't keep doing it that way.
Unlike my experience in the equity markets, I'm having a hard time finding news and information. With my gains, I'll find out what caused the price of the commodity to soar after the fact. I've made gains on FCOJ, Cocoa and Oil, it was only with the FCOJ that I knew ahead of time what was going on.
I need a news source that will put me in the know ahead of time so I can position myself before. So far, I'm checking the USDA website and the EIA website. But I would guess that there's a reliable source of live news for commodities, metals, energies, etc., the same way that there is for equities.
Any help would be GREATLY appreciated.