Futures products come in all shapes and sizes, facing a broad spectrum of asset classes. However, no matter which futures contract you’re interested in―whether it’s crude oil or corn―it exists as a standardized, exchange-traded financial instrument.
In the contemporary marketplace, technical analysis is king. The study of price action itself is the backbone of many trading strategies and the go-to methodology for many active traders. Because of the widespread popularity of technical analysis, futures trading charts have become an essential part of everyday trading.
Since the dawn of the digital marketplace, the popularity of technical analysis has grown exponentially. Crafting decisions in reference to price action is one of the staples of modern trading. If you’re an aspiring market technician, designing, building, and studying pricing charts is going to be an important part of your job.