Why weekly charts are so important (new video)

Posted on by The INO.com Team

Today I'm going to be looking into why weekly charts are so important in the Forex market.

I will use the EUR/USD as the example and deeply investigate the buy signal we received on this cross on Monday, July 27th. Although it's too early to tell if this signal will be profitable, it is certainly a signal you must take if you are a disciplined follower of MarketClub's "Trade Triangle" technology.

You can watch this video with my compliments and there is no registration requirements. I would love to get your feedback about this video on the MarketClub Trader's blog.

All the best,

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

8 thoughts on “Why weekly charts are so important (new video)”

  1. I watched 2 of the videos Adam. They show how to use the triangles but they don't explain how the system decides where to place the triangles which is what I was looking for but I assume that's the trade secret part...

    By the way, are you from the UK? I am but in Texas now 🙂

    Keith

  2. I'm fairly new here - in the video you said that the stop for a new long position would be @ 1.4153 (low of 24 July).

    How do you decide where stops are set ?

    Thanks

    1. Dear John,

      Although the Trade Triangle algorithm is comprised from many factor, one of the most heavily weighted factors is the previous three period high/low. This price can act as a stop value. It is not to say that the TT will always be triggered at this point, but it is a stop methodology that would best match the Trade Triangle technique.

      Best,

      Lindsay Thompson
      Director of New Business Development
      INO.com & MarketClub

  3. Keith,

    Thanks for your feedback.

    There is no secret. We explain how MarketClub works in the videos. See the link I made for Dennis.

    Yes, the Trade Triangles picked up the move in the SP500, not from the bottom though.

    We should have an intra-day trading solution for you very soon.

    All the best,

    Adam

  4. I feel the same way abut black box systems Dennis but I can understand also why Adam wants to keep this black box system a secret - otherwise you wouldn't need to subscribe! I would be interested though if there's any description of how it works - if that's possible without giving away the secrets!

    Adam, did your trade triangles pick up the market uptrend that started 2 weeks ago? I remember you and many others (like myself!) were expecting the S&P to go down as it was forming a head and shoulders but then it fooled all the technical analysts and went up!

    Second question - does market club have any tools for inter-day trading?

    Keith

    1. Keith,

      Below is a link to the MarketClub Help Section topic on the Trade Triangles. I believe you will find the information you are looking for (or as much as we can provide) here. If you have any questions don't hesitate to send an email or call our support team at [email protected] or 1.800.538.7424.

      http://club.ino.com:80/trading/marketclub-help-section/flash-charts/trade-triangles/what-are-the-trade-triangles/?blogresponselt

      Best,

      Lindsay Thompson
      Director of New Business Development
      INO.com & MarketClub

      PS - I believe Adam is from England. From which part I'm not sure, but his accent pops out once in a while.

  6. Hi Adam, I have been watching your vidios and am impressed with your insights, but I have a problem with black box type signals. I need to know what drives the signals before I can trust them. Can you please explain what drives your signals and I will join your service.
    Thanks, Dennis

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