Author: The INO.com Team

Crude oil breaks $70 a barrel, and we are short

Posted on by The INO.com Team

The crude oil market broke through an important support zone and appears to be very much on the defensive. In this new short video on crude oil, I point out some of the levels that I still think are important in this market and illustrate just how important it is to use both stops and our "Trade Triangle" technology.

It is a short video and there is no charge or registration requirement in order to view.

If you have comments on this video, please visit our blog to share them with us.

All the best,

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

The 6 Advantages of ETFs

Posted on by The INO.com Team

ETFs, or Exchange Traded Funds, have increased in popularity over the last few years, and for a number of reasons. Today, Price Headley of BigTrends.com, is going to give us the low-down on everything we need to know about this increasingly utilized financial product.

We hope you'll enjoy today's guest blog post and perhaps consider adding ETFs or ETF options to your portfolio in the near future. As always, we're interested in hearing what you have to say about this post or your experiences trading ETFS in our comments section.

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In recent years the popularity of ETF Options has exploded.  At BigTrends.com we have focused on ETFs for quite some time now.

The issue with ETFs and ETF Options has always been liquidity, but things have changed in that regard.  Due to the advantageous architecture of ETFs, more investors are hedging their portfolios with ETF options.  To understand the reason these vehicles are changing the options environment, let's take a look at the underlying securities and their benefits.

1. ETFs Trade Like a Stock - Unlike mutual funds or hedge funds which can only be entered or exited at the market close each trading day, ETFs can be bought and sold intraday.  They can even be day-traded just like stocks.  This advantage allows investors to make speculative bets on the direction of an index while still having the ability to exit the trade at any time of the day.  ETFs also allow short selling, as well as often being optionable. Continue reading "The 6 Advantages of ETFs" →

Member Strategy Webinar - Manisha

Posted on by The INO.com Team

Last month's member strategy webinar featuring Loic, a futures trader from Marseille, France, and was very successful and I received quite a bit of positive feedback from those who attended. We expect this month's to be just as popular, educational, and useful. On Monday, May 24th, we will be hosting our second webinar in the series with a strategy developed solely using MarketClub.

MarketClub member Manisha S., a stock and stock options trader from California, will share her money-making strategy and how she devised it by way of old fashioned trial and error, using the tools available through the service.

We hope that you'll be able to attend, learn, and apply this strategy to your trading or simply learn a little more about MarketClub. However, due to the popularity of these webinars, we encourage you to reserve your seat now via the link below:

MarketClub Member Strategies - Manisha (Live on 05-24-10 at 4pm EDT / 8pm GMT )

We hope to see you there!

Susan Jackson
Director of MarketClub Education
INO.com & MarketClub

A New Technical Triad and Gold

Posted on by The INO.com Team

One of the most popular questions that we're asked here at MarketClub is to recommend which chart studies should be used in conjunction with one another. While we don't have an answer for this question - mainly because we realize that there is no right answer, you're in luck as today's guest blogger has developed a strategy using 3 different technical tools and described it in detail for us below.

Gary Wagner of WFGForex.com has developed a unique strategy using Elliot Waves, Fibonacci retracements, and candlesticks to gain insight on the current gold market. Since Gary received such a great response last time he was a guest, we hope that you will enjoy is newest post as well. Read about this interesting way of analyzing the market and leave your comment below.

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Most market analysts will agree that supply and demand economics are a major influence on the current price of a commodity. It is however market sentiment that greatly determines the perceived future price.  If one can understand, and quantify market psychology or market sentiment, one can more effectively forecast future prices. This has been the underlining assumption of Elliot Wave and Fibonacci Retracement theory. Continue reading "A New Technical Triad and Gold" →

Using Chart Patterns to Become a Better Trader

Posted on by The INO.com Team

Reading chart patterns is one of the cornerstones of technical trading. Expert technical traders can take one look at a chart and give you a complete analysis based on the formations that they see.

Today, courtesy of TraderPlanet, we're sharing some of the basic chart patterns and their meanings so that you can implement them into your trading strategy.

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Basic Chart Patterns: Reversals

Like their name implies, these patterns suggest that one trend is ending and the market is ready to begin another trend in the opposite direction or, perhaps more likely, move sideways for a while. As with continuation patterns, a trendline is the basic pattern to watch. If prices break through a trendline and then follow through in the same direction, this is the best evidence of a trend reversal. Keep in mind that all chart patterns apply to all trading time frames – daily, weekly, monthly, yearly, hourly or even minute-by-minute bar charts.

Double tops - This phenomenon occurs when prices reach a fresh high, back off from that high, re-test the high and back off again. The longer the time between the “twin peaks” of the highs, the more powerful the chart signal is likely to be. Variations of this pattern that look somewhat similar are called “M” tops or 1-2-3 swing tops, but the second high is usually lower than the first high for these patterns. In all of these cases, the key points are the highs, which mark a barrier that becomes strong resistance, and the interim low. If prices drop below that low, the top is confirmed, and it is signal to sell. Continue reading "Using Chart Patterns to Become a Better Trader" →