S&P 500
2126.06
-4.76 -0.22%
Dow Indu
18232.02
-53.72 -0.29%
Nasdaq
5089.36
-1.43 -0.03%
Crude Oil
59.55
-0.27 -0.45%
Gold
1197.350
-7.775 -0.65%
Euro
1.091250
-0.002400 -0.22%
US Dollar
97.058
+0.677 +0.87%
Weak

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 award winning book.

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...]

Candlesticks - Using the Doji

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 award winning book.

On a candlestick chart, there is a pattern that technicians refer to as a doji. A doji has top and bottom shadows like a regular candlestick, but has practically no real body. This happens when the opening and closing price are the same, or so close that they just leave a sliver of a real body. A doji looks like a plus sign or cross.

Finding a Doji can tell a technical analyst key things about a market trend

Doji are considered a good sign of indecision in a market. Finding a doji with short and nearly identical shadow points suggests a neutral trading session. The market opened, had a small trading range, and then closed at the opening price. Neither bulls nor bears got the upper hand. Longer shadows show potentially greater indecision. They are neutral on their own, but paired with a trend, a doji can hint at a coming change.

Market participants looking for a reversal like to see Doji

Doji are like little battle scars of conflict. The trade had action but in the end no one won the day and the market closed pretty much where it started. If the market was on a bullish trend, this could be a signal that the bears were coming in. The opposite could be deduced if the market was in a bearish trend.

A technician's reversal argument is simple. If the dominant trend were still in control, there wouldn't have been a wrestling match for control. And there would have been a clear winner. Instead, the real body showed that the day was almost a wash. [Read more...]

What Do All Super Traders Have in Common?

Often what is missing from an unsuccessful trader's strategy has nothing to do with what trading software they are using or which technical indicators they follow, but more about their psychology as a trader.

What differentiates these "super traders" from the rest of us? Well, read the questions below and if you answer 'no' to any of them, then you may be lacking important characteristics that are holding you back from trading success.

-  Have you learned to develop patience with your trading?
-  Do you know how to come out of a loss as a better trader?
-  Are you able to avoid trading panic?
-  Do you love trading?

Watch today as Jack Schwager, best-selling author of Market Wizards, presents "Market Wizard Insights" - a powerful guide to get you on the road to profitability, completely free of charge.

Visit here to watch now compliments of INO TV.

Enjoy,
The INO TV Team

Weekend Lesson: One -Time Framing

Straight from Trading Advantage's virtual lessons, Larry Levin guides viewers through the One-Time Framing Technique. Using a simple 30 minute bar chart, Larry helps define the steps that can help you identify short term trends. Discover Larry's technique - learned early in his trading career - through a series of clear signals on multiple S&P chart examples. Larry even shows viewers how to apply this technique when considering technical stops versus money stops. Step into Larry's world and learn more!

Watch Now: One Time Framing

Every Success,
The INO.com Team

5 Ways To Immediately Improve Your Trading

How many ways can you draw a circle? It's probably a strange question to ask, but the reality is, trading is very close to the same discipline. How many ways can you successfully trade? Whether you're drawing a circle or trading, each requires certain elements to complete a perfect circle or a perfect trade.

I wanted to share with you 5 key elements that you must be using if you are going to trade successfully or invest in the markets. I like to call them the building blocks that must be in place to grow your fortune.

Each of the 5 elements are short and to the point and contain nuggets of knowledge that are essential for your success in the markets.

Rule #1: Attitude

Attitude is so important in your approach to investing and trading.

Rule #2: Game Plan

Trading without a game plan is like crossing the ocean without a compass, you are going to get lost and run into a lot of problems without a game plan.

Rule #3: Trend

I'm sure you have heard the expression, "the trend is your friend." Well, truer words were never spoken in trading. This article will show you how to quickly determine the trend in any market. [Read more...]

Solid Trading Tips For 2015

This is the beginning of a new year and perhaps the best time when investment experts predict their views on the trading performance of stocks and shares. They will also analyze the upcoming trading trends and strategies for your benefit. The media has been flooded with investment queries running at the back of your mind.

An investor must follow a few solid trading tips to succeed:

• Count on the future surprises – Don’t depend on the future predictions; it’s not possible for you to see through the curtain that separates today’s happenings with that of tomorrow.

• Good and bad times lie ahead – You’ll need to determine future strategies keeping with your investment and planning goals. In order to accommodate all natural outcomes, you’ll need to formulate flexible strategies. [Read more...]

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

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

Dollar General Is Going To Have To Pay A Lot More For Family Dollar

This morning I woke up to see that Dollar General Corporation (NYSE:DG) has raised its bid again to $80 a share or $9.1 billion to buy Family Dollar Stores Inc. (NYSE:FDO). I don't think that Dollar General's bid is enough therefore I don't think Dollar General is going to be able to pick this stock up for just $80 a share.

In today's video, I'll show you how MarketClub's Trade Triangles nailed both of these stocks and how they got this trade right. I will also show you why I think Dollar General is going to have to up its bid – big time if it wants to acquire Family Dollar Stores. Last week, Dollar General said it remained committed to making this acquisition, however Dollar General's earnings and same-store sales fell short of market expectations. What does this mean? Is Dollar General reaching out for Family Dollar Stores now while its stock is still relatively high? I think so.

As I said earlier, I believe Dollar General Corporation (NYSE:DG) is going to have to pay a lot more if it wants to acquire Family Dollar Stores Inc. (NYSE:FDO). I will share with you the exact number I think that Dollar General is going to have to pay for Family Dollar stores if it wants to acquire that business.

I have a feeling this is going to be an interesting week so stay tuned.

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

The Beat Goes On – August Recap

Today marks the last day of trading for the month of August and I have to say, it has been quite a month. With all the news about ISIS, the Ukraine and Hamas and Israel, you would think the world was coming to an end. Well, don't tell that to the stock market! It made all-time highs and put in a very solid month of returns in August.

Traditionally August has always been a rather slow month, as many traders and investors take off on vacation to spend time with family members and loved ones. This August was no different as trading volume slowed, but the market continued its upward trend.

The big winner as far as the indexes are concerned is the NASDAQ (NASDAQ:COMP), which is presently trading approximately 4.61% higher for the month. Closely behind the NASDAQ is the S&P 500 (CME:SP500), which is up 3.62% as of midday Eastern Standard Time. The DOW (INDEX:DJI), not to be out done, reversed its earlier weakness and rallied into positive territory for the month and is presently up 3.12%. [Read more...]

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