Effective trading strategies are crucial for success in the commodities market. Here are some popular trading strategies you can consider: 

Trend Following: This strategy involves identifying and trading in the direction of the prevailing market trend. Traders use technical indicators such as moving averages or trend lines to determine entry and exit points, buying commodities when prices are rising and selling when they are falling. 

Swing Trading: Swing traders aim to capture short- to medium-term price movements by holding positions for several days or weeks. This strategy requires analyzing market trends, support and resistance levels, and economic factors that could affect commodity prices. 

Breakout Trading: Breakout traders look for price levels where a commodity's price breaks above resistance or below support. Once a breakout occurs, traders enter positions to capitalize on the potential price momentum that follows. 

Mean Reversion: This strategy assumes that prices will return to their historical averages. Traders identify overbought or oversold conditions using indicators like the Relative Strength Index (RSI) and enter trades anticipating a price reversal toward the mean. 

News-Based Trading: Economic reports, geopolitical events, and weather conditions can significantly impact commodity prices. Traders use fundamental analysis to assess how news events might influence supply and demand, entering trades based on anticipated market reactions.