Futures.

Most people perceive Forex as an opportunity to trade currencies. On the one hand, this is true, but on the other, almost all dealing centers offer their clients a variety of equally interesting instruments to choose from.

Futures are one such instrument. Predicting the direction of a currency's exchange rate is quite difficult, as a huge number of factors influence the exchange rate of a currency unit. With futures, however, everything is much simpler.

A futures contract is a contract to purchase a specific asset, and this asset can be familiar commodities such as corn, oil, gas, wheat, and gasoline.

It should be noted, however, that this trading method is best used on timeframes of one week or longer.

With medium- and long-term trading, there's no need to pay attention to minor price fluctuations; only the overall trend direction matters.

For example, if the wheat harvest was low this year, its price will naturally rise over time. You can easily recall many similar examples from real life.

The list of futures is quite extensive, including oil products, agricultural commodities, gas, indices, and even currency pairs.

The trading principles are quite similar to any other trading instrument, but there are some unique features.

First and foremost, the contract itself includes the name of the asset and the contract expiration date.

If you're interested in this topic, you can learn more by downloading the free book " Options and Futures ." Most Western financiers have made money using this type of exchange trading.