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To Trade Successfully, You Must Trade With The Trend

In life, trends are all around us and you only have to look at the weather to know that’s true. It's a pretty safe bet that temperatures will be colder in December than they will be in August, at least in the Northern Hemisphere. Trends also persist in the marketplace, but unlike the weather, these are moving trends and change year to year. As a trader and investor, you want catch the trends near a top or bottom.

Learn more about trading the trend here.

Candlestick Patterns – Harami

If you follow our blog, then you are definitely familiar with trader Larry Levin, President of Trading Advantage LLC. We have gotten such a great response from some of his past posts that he has agreed to share one more of his favorite trading tips as a special treat to our viewers. Determining the direction of the market can be tricky and just plain confusing at times, but Larry’s expert opinion keeps it simple.

If you like this article, Larry’s also agreed to give you free access to his weekly trading tip.

I've already covered some of the better known patterns like Doji and Engulfing  – now it's time to add Harami to your candlestick chart pattern arsenal. Let's take a look at what this technical signal looks like, and what opportunities might be presenting themselves when you see it.

Harami patterns can be bearish or bullish

Harami, like engulfing patterns, are a two candlestick formation. They are actually often confused with engulfing patterns because they both involve candles where one real body is bigger than the other. The difference is that in harami, the preceding (or first) candle in the pattern is the longer one of the pair; it encompasses the whole body of the second candlestick. [Read more...]

Five Internet Stocks To Buy And One To Avoid

Hello traders everywhere, today will be looking at Internet stocks and what's hot and what's not. The six stocks we will be looking at today are Apple Inc. (NASDAQ:AAPL), Amazon.com Inc. (NASDAQ:AMZN), Netflix Inc. (NASDAQ:NFLX), Facebook Inc. (NASDAQ:FB), Yelp Inc. (NYSE:YELP) and finally Yahoo! Inc. (NASDAQ:YHOO).

There is no question about it we live in the Internet age or as Intel likes to say "The Internet of everything."

When trading Internet stocks momentum seems to be the rule of the day, and when an internet stock is in favor and going up you want to be long and when they're going down you want to be out. Sounds pretty straightforward doesn't it? But sometimes investors drink the Kool-Aid and stay with bad trades too long or in this case Internet stocks that go south and never return. In today's video will show you how to avoid that syndrome.

As you can see from the symbol choices, these are all well-established, liquid companies in terms of trading, you are not buying speculating in some start-up that makes no money.

So let's get started and go to the videotape and see what's cooking with these six stocks.

Every Success,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Strategy Trading Using Next Day Predictive Highs and Lows

We get a lot of questions here at INO.com about how to use highs and lows to predict market movement. As a treat to our blog readers we have asked Darell Jobman, a leading expert in technical analysis to share some his techniques. In this video workshop you'll discover how to putting indicator clues together to identify setups for a new trend. Darrell has been writing about financial markets for more than 35 years and has become an acknowledged authority on derivative markets and technical analysis.

Watch Now:Spotting Breakouts That Lead To Trend Reversals

Best,
The INO.com Team

Are You Prepared For Q3?

It's hard to believe, but here we are coming to the end of the trading week and also the end of the second quarter. We only have a few more trading days before Q2 is done and dusted.

Earlier this week I wrote about Tesla Motors (NASDAQ:TSLA) and First Solar (NASDAQ:FSLR).

I still believe that both of these stocks will move higher, as the Trade Triangles are all in place. If you missed these posts, you can read about Tesla here and First Solar here. Both of these stocks are higher for the week while the general stock market is flat. I view this as a psychologically positive sign for these stocks.

Last week I also posted a special report on gold. I still believe gold is going to remain in a positive upward trend until about the middle of August. That is when this market next cycle should top out. As always, money management stops should be in place on all positions. [Read more...]

Candlestick Patterns - Engulfing

If you follow our blog, then you are definitely familiar with trader Larry Levin, President of Trading Advantage LLC. We have gotten such a great response from some of his past posts that he has agreed to share one more of his favorite trading tips as a special treat to our viewers. Determining the direction of the market can be tricky and just plain confusing at times, but Larry’s expert opinion keeps it simple.

If you like this article, Larry’s also agreed to give you free access to his weekly trading tip.

Candlestick charts have all kinds of potential patterns that technicians are watchful for. One of the easiest to spot is an engulfing pattern. This set-up consists of two candlesticks, one of which is “engulfing” the previous one. That means the body of the second candlestick is longer than the first one. It doesn’t have to extend beyond the wicks of that first candlestick, just the real body. period of time. [Read more...]

Is Tesla Ready To Skyrocket?

I am sure, like a lot of traders, you are paying close attention to what is going on in Iraq, Syria and Iran. My take on the situation is that it's not going to get better and the US is certainly not going to get involved in any meaningful way. This spells out doom for Baghdad, along with a bloody civil war which may have already started.

Against that backdrop, energy prices will continue to move higher and the possibility exists that the oil fields and processing plants in Iraq could be blown up just to put that country back in the Stone Age. We are dealing with a bloody sectarian war that is and will continue to tear that country apart. It also brings to mind what is going to happen to the rest of the Middle East? This whole Middle East problem has been going on for longer than anyone cares to remember and it's only going to be settled with a "bigger stick." At the moment, ISIS has the "bigger stick," the money, and the ferocious obsession of bringing their way of life to the area and surrounding areas. All in all it does not sound like too rosy a picture to me.

That got me thinking about who or what is going to benefit from much higher energy prices. One company stands out in my mind is Tesla Motors Inc. (NASDAQ:TSLA) You're probably familiar with their expensive sports car that sells for upwards of $100,000, but they're working hard on producing a lower-priced model, one for the masses. They are also planning the largest battery manufacturing plant in the world.

All of this is driven by one man, Elon Musk, who is the driving force and mastermind behind Tesla's domination of the electric market and SpaceX. [Read more...]

Spotting Breakouts That Lead To Trend Reversals

We get a lot of questions here at MarketClub about how to spot breakouts before they occur. As a treat to our Trader's Blog readers we have asked Darell Jobman, a leading expert in technical analysis to share some his techniques.  In this video workshop you'll discover how putting indicator clues together to identify setups for a new trend. Darrell has been writing about financial markets for more than 35 years and has become an acknowledged authority on derivative markets, technical analysis and various trading techniques.

Watch Now:Spotting Breakouts That Lead To Trend Reversals

Best,
The INOTV Team

Crude Oil, Iraq and The Economy – Are We On A Collision Course?

Hello traders everywhere! Adam Hewison here, discussing the situation in Iraq and how it could possibly affect the US and world economy.

After spending over $1 trillion and having lost the lives of over 4,500 brave Americans in Iraq, the country has once again imploded. I don't have to reiterate what is going on with Muslim extremists, but it seems they are hellbent to take over Baghdad, the capital of Iraq, and the rest of the country. It would appear now, Muslim extremists feel empowered to push their views to the max.

The Middle East has always been a problem waiting to happen, ever since the British left in the 50s. Arab unity seems to be the major problem in this area and one that's been going on perhaps for centuries.

I've always believed that the west's principal interest in that region was because of the crude oil (NYMEX:CL.N14.E) under the sand. I'm positive we would not even be there if they did not have vast resources of energy that the world is addicted to. The question now is, what is going to happen if Iraq and the oil fields are taken over by Muslim extremists and Iran? Should that happen, and the odds are becoming more and more likely that it will, it will produce a world that is totally different from what we know now.

I have been positive on crude oil (NYMEX:CL.N14.E) since May 19th at the $101.98 level (currently trading at $106.98). This market has the potential to continue in a very positive manner and move substantially higher, possibly to the $120 to $125 a barrel area. [Read more...]

Is This The Move In Gold You Don't Want To Miss?

Last week, we looked at the cyclical nature of gold prices (FOREX:XAUUSDO) and the fact that gold was potentially at a low in time. Today's upturn in prices may be the beginning of an up move that will push gold back up to the $1,380 level.

At the moment, gold seems to have very few friends and sometimes that is the best time to buy this market. After hitting a high of just over $1,900 an ounce in September of 2011, gold has slowly drifted to the downside. I believe that the $1,200 level is an important area of support for this precious metal and should not be overlooked.

You have heard me say many times before on this blog that perception in the market is everything. Right now, the perception is that gold is not going to go anywhere in a hurry. While it may turn out to be true, there are certain clues out there indicating that gold could rally $150-$200 from the most recent lows. I'm sure many of you can recall when gold was trading close to $1900 an ounce, the talk of $2,000 $2,500 was all the rage amongst the traders. Right now with gold on the defensive and people calling for the gold market to go to $1,000 or even $800 an ounce, it's just the reverse situation. Sometimes it's psychologically difficult to turn your thinking around and that's why MarketClub's Trade Triangles do so well by giving you an unbiased opinion of the market. [Read more...]

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