Crisis in Crude
I just finished this video on Wednesday and posted up for you to see. We are living in some very interesting times when not everything is what it is,
Enjoy the video and please feel free to comment.
Cheers
Adam
Author: The INO.com Team
10 free trading lessons that can make a difference
10 free trading lessons that can make a difference
Dear trader,
I really believe that the email course I have put together for you will make a difference to your bottom line.
Here is a short video of me explaining how you can start the course today.
Watch it here.
Enjoy,
How To Use The Relative Strength Index
How To Use The Relative Strength Index
One of the most useful tools employed by many technical commodity traders is a momentum oscillator which measures the velocity of directional price movement.
When prices move up very rapidly, at some point the commodity is considered overbought; when they move down very rapidly, the commodity is considered oversold at some point. In either case, a reaction or reversal is imminent. The slope of the momentum oscillator is directly proportional to the velocity of the move, and the distance traveled up or down by this oscillator is proportional to the magnitude of the move.
When X's and O's make sense
Point-and-Figure Charts
You know what point-and-figure charts look like: an elongated version of tic-tac-toe. Yet, they provide another means of determining a trend. In fact, their advantage over a bar chart is the specific buy and sell signals — no personal interpretation is needed.
The pork belly chart is shown for the same time period in both bar chart and point-and-figure form. The differences in appearance are striking. This is due mainly to the lack of a time scale on the point-and-figure chart. Time is irrelevant; price movements are charted only when they occur. On days when no new high or low is made, no additional entries are made on the chart.
How to use moving average in your trading
Trending With Moving Averages
Moving averages are one tool to help you detect a change in trend. They measure buying and selling pressures under the assumption that no commodity can sustain an uptrend or downtrend without consistent buying and selling pressure.
A moving average is an average of a number of consecutive prices updated as new prices become available. The moving average swallows temporary price aberrations but tells you when prices begin moving consistently in one direction.
Trading with moving averages will never position you in the market at precisely the right time. They are intended to help you take profits from the middle of the trend and hold losses to a minimum.
