Author: The INO.com Team

A Short-Term Strategy To Conquer The FX Market

Posted on by The INO.com Team

Here's a short-term trading strategy that you can use in the Forex market. Before I get into the nuts and bolts of the trading system, here are some quick background notes on the Forex market.

Forex (FX) Background Notes

The foreign exchange market is the largest, most liquid financial market in the world. According to the Bank for International Settlements, the average daily turnover in the global Forex market is estimated at $3.98 trillion. Some trading firms specializing in foreign exchange put the average even higher, with daily turnover in excess of $4 trillion.

Why Forex Is Unique

#1. It is the largest asset class in the world, leading to high liquidity.

#2. It trades continuously 24 hours a day except weekends, i.e. trading from 22:00 GMT on Sunday (Sydney) until 22:00 GMT Friday (New York).

#3. Low margins compared with other markets like stocks or fixed income.

Check with your broker or an FX broker for margin requirements and commissions.

Not For Everyone

Now that you have some background on Forex trading, let's take a look at exactly how this short-term trading strategy works. I will be using MarketClub's Trade Triangle technology which is easy to use and follow. This particular strategy employs the weekly Trade Triangles for trend and the daily Trade Triangles for timing.

This particular strategy is best suited for individuals who like to be active in the market. The short-term strategy requires entering orders every few days. In this short 5 minute video I am going to have you follow along as I walk you through the actual trading signals of this strategy from the beginning of 2013. At the end of the video, you'll be able to see every trade and how each trade fared, nothing has been left out.

In trading there is no "Holy Grail," believe me, as everyone has been looking for one since trading first began. However, you don't need a "Holy Grail to trade Forex, you just need a trading system that has stood the test of time. For FX trading or any kind of trading you need to manage your losses and this short-term trading strategy takes care of that for you.

Now, let's take a look at the pros and cons of this particular trading strategy.

PROS:
• Easy to follow and implement.
• No grey areas, the program shows you with visual Triangles the market's short-term direction.
• This trading strategy is best suited for active investors who are comfortable being active in the market.

CONS:
• If you are comfortable trading short-term, there really are no drawbacks to this strategy.

Be sure to watch the video all the way through to the end, as I share with you some FX history that is pretty much unknown to the general Forex markets.

If you decide that this particular strategy is right for you, paper trade it for a while and get the feel of how it works.

Every success using this short-term FX trading strategy.

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

P.S. Later this week I will be posting FX strategies for intermediate and long-term traders. Stay tuned!

Weekly Futures Recap With Mike Seery

Posted on by The INO.com Team

We’ve asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Gold Futures

Gold Futures--- Gold futures are trading above their 20 and 100 day moving average basically settling unchanged for the trading week going out this Friday afternoon in New York down about $8 at 1,323 after prices hit 1,345 in Wednesday’s trade as the trend still continues to the upside. I think this is just a possible pause as prices have had a heckuva rally in the last 2 months and I have been recommending a long position in gold for quite some time while placing my stop below the 10 day low which currently stands around 1,315 which is only $8 away so that stop is very tight with a high probability of getting clipped at that price on Monday, however Continue reading "Weekly Futures Recap With Mike Seery" →

Has Tesla (NASDAQ:TSLA) Run Out Of Gas?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Wednesday, the 26th of February.

What's Next For The Stock Market?

Are the markets going to continue moving higher or reverse and retest their lows again? There seems to be a disconnect in the indices with new highs mainly on the NASDAQ, thanks to Tesla, Netflix and some other tech leaders. The S&P 500 seems to be lagging and the DOW is in a funk. Many professional traders will be looking for the tone of the market today, does it seem positive or negative? One of the tricks they will probably employ is to give the market a half hour or even an hour to set its trading range for the day. Should the market move below the low of the first 30 or 60 minutes of the day, then there's a pretty good chance that you could see further selling come into the market later on in the day. Conversely, should the market break over the high of the first 30 or 60 minutes of the day, look for upside momentum to continue. Let’s see how events play out.

Continue reading "Has Tesla (NASDAQ:TSLA) Run Out Of Gas?" →

Coffee - Starbucks' Achilles' Heel

Posted on by The INO.com Team

Today, I am going to be analyzing the relationship between Starbucks Corp. (NASDAQ:SBUX) and its main raw commodity, coffee beans.

Let me start off by saying that I really like Starbucks and the coffee it sells. In fact, my favorite drink at Starbucks is a Venti Coffee Frappuccino with one third the ice, blended five times.

Major Challenges

Starbucks faces a major challenge, one it cannot control - the price of its major commodity, coffee.

With one of the worst droughts in history hitting Brazil's coffee belt region, it is rapidly pushing prices higher. This is no ordinary drought as it is forcing more than 140 cities in Brazil to ration water. Reports in Brazilian newspapers indicate that some neighborhoods are receiving water only every three days. This is serious, as Brazil produces most of the world's coffee.

With Coffee (NYBOT:KC.H14.E) prices at 14-month highs, there is little to suggest that this trend is going to change any time soon. It would appear as though early predictions are indicating that coffee supplies could be 5 million bags lower than consumption for the 2014–2015 season. Continue reading "Coffee - Starbucks' Achilles' Heel" →

Bitcoin Bites The Dust

Posted on by The INO.com Team

The Bitcoin world is in turmoil this morning as Mt.Gox, once the largest Bitcoin exchange (based in Japan) in the world, closed its website amid rumors of the biggest hacking heist of all time.

You may remember that Bitcoin was created as an alternative currency and that it took some serious programming and algorithms to create it.

This morning there were allegations that there has been a $350 million hack at Mt.Gox. Mt.Gox appears to have closed its virtual doors and may no longer be in business. Bitcoin insiders have been bracing themselves for weeks against something like this happening, but the magnitude of the virtual heist has shocked even the most astute Bitcoin observer.

This morning there are people speculating that Bitcoin (BITCOIN:BITSTAMPUSD) is the biggest scam and Ponzi scheme ever developed in the virtual world, but I am going to withhold judgment as, quite frankly, we do not know all the facts. This may be the end of Bitcoin or may be just a big bump in the road for this virtual new currency-the jury is still out. Continue reading "Bitcoin Bites The Dust" →