Cover Story Interest rate policy: Under Pressure By Christine Birkner The Federal Reserve is determined to keep interest rates extremely low for the foreseeable future. Here’s how the Fed’s interest rate policy will affect the dollar and the economy at large in the next year. View Past Issues | Subscribe Software Review Software review: eSignal 10.6 By Ben Van Vliet Software review for eSignal 10.6 Trading Techniques Understanding stock market direction By Billy Williams You can be right about an individual stock, but if you’re wrong about the direction of the stock market, the odds could be against you. Price action in Treasury notes By Al Brooks In the Treasury markets, you’ll find the most profitable bars in the morning price action. Metals: New York-London Connection By Paul D. Cretien Copper futures and options traded at Nymex and the London Metal Exchange, mimic each other’s price movements, but the time difference presents some opportunities. Trading indicators: A confidence game By Robert Mccurtain How trading indicators can help you gain an edge. Measuring risk management tools By Sergey Izraylevich, Vadim Tsudikman How risk management tools correlate to each other and discuss how they might work together Forex Trader How to trade forex binary options By Abe Cofnas Binary options are a valuable tool for forex traders. Futures 101 Trading systems: Buy or build? By James T. Holter A guide to deciding about buying or building a trading system. Industry Trends Speculative position limits: How hard will they be? By Daniel P. Collins Changes in speculative position limits on energy futures markets are not supported by evidence from 2008's wild markets. White paper: Has there been excessive speculation in the U.S. oil futures markets? By Press Release EDHEC released a study on conclusions on CFTC data on speculation in the energy markets. Markets Tech talk: Bond arrow pointing higher By xxx2 The long-term technical outlook for 30-year bonds shows futures are looking to re-test late 2008 highs. Editor's Note Regulation debate rages on By Ginger Szala Regulatory issues are a hot topic as is the performance of CFTC Chairman Gary Gensler. Book Reviews For crying out loud: From open outcry to the electronic screen By Daniel P. Collins How CME Group Chairman Emeritus Leo Melamed and his band of renegades won the battle for the future of the Chicago Mercantile Exchange. Invest by knowing what stocks to buy and what stocks to sell By Leslie N. Masonson Investing in the stock market and mutual funds is explained in Charles Kirkpatrick's book. Market Analysis Natural gas: Range bound? By Daniel P. Collins Natural gas bulls got good news in December. U.S. dollar: Where to now? By Christine Birkner The dollar outlook for early 2010 is muddled. Live cattle futures take a dive By Christine Birkner For live cattle, analysts don't see an immediate end to the downside. Dow Jones futures: Split decision By Daniel P. Collins Analysts disagree about the direction of Dow Jones futures into 2010. Corn ready to pop? By Shawn Hackett Corn prices' outlook differs between commercial entities and analysts. Will Federal Reserve tighten interest rates? By Steven K. Beckner The Federal Reserve could tighten rates, but how timely tightening will be is still in question. Managed Money Chinese fund of funds launches By Daniel P. Collins Adveq and Chinese investment company Dalian United Holding will form an investment management company in China. Trading portfolios: Diversification and correlation spikes By Fred Gehm Portfolio diversification must be constantly monitored, not something simply designed once and forgotten about. Options Strategy Options: Gamma scalping strategy By Alex Mendoza Gamma scalping strategy for options can help maintain data neutrality and earn excess returns on your straddles. New For Traders New for traders: Financials By Press Release New financial products for traders. New for traders: Commodities By Press Release New commodities products for traders. New for traders: Technology By Press Release New technology products for traders. New for traders: Forex By Press Release New forex products for traders. New for traders: Options By Press Release New options products for traders. People Ruskin to head up financials at Newedge By Christine Birkner John Ruskin was named global head of financial futures and options execution for Newedge. News CBOE settles exercise right settlement appeal By Christine Birkner, Daniel P. Collins CBOE settled its exercise right settlement appeal, clearing the way for demutualization. OTC regulation rages on By Christine Birkner A new bill was put into the regulatory melee for over-the-counter derivatives. CFTC, SEC issue product orders By Christine Birkner CFTC and SEC issued joint orders on product approvals. Flash orders under attack By Christine Birkner Options leaders are speaking out against an SEC proposal that would ban flash orders on equities and options. Derivatives reform debate By Laura Oatney, Christine Birkner H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009, was passed in the House, but not before industry leaders weighed in. Trader Profile Wagoner: Success from the ground up By Daniel P. Collins Jeanne Wagoner’s entry into the futures world was fortuitous if not altogether unique. CTAs Top CTAs October 2009 By Daniel P. Collins Top CTAs October 2009. Hedge Funds Hedge funds November 2009 By Daniel P. Collins Hedge fund performance November 2009 Public Funds Public funds November 2009 By Daniel P. Collins Public fund performance November 2009.