If you are a intermediate-term trader, here is how you may want to use MarketClub's Chart Analysis Score, Smart Scan and Trade Triangle technology...
When you are in MarketClub, either the orange colored Chart Analysis Score button, or the link that says Chart Analyze will take you to the score for the particular market that you choose. Both the button and the link are never far away from the small thumbnail sized chart.
Trade Triangle Method
As a intermediate-term trader you want to pay particular attention to the fourth Triangle. This is the fourth Triangle from the top that will generate positive or negative intermediate-term signals for you. If the forth Triangle is GREEN, you should then confirm the signals viability status with the color of the fifth Triangle. If both Triangles are GREEN, then a positive movement is likely. However, if the Weekly and the Monthly Triangles are RED, then a negative movement is likely. If the Triangles differ in color then you should consider keeping a sidelines position.
How It Works
The direction of the forth Triangle is marketed whenever a market moves over the previous three week high and remains above the previous three week low. The reverse is true when the low of the previous three weeks is broken to the downside, it creates a RED Triangle . This is an automatic stop-out of a long position if the fifth Triangle is GREEN. If the fifth Triangle is RED, it signals that a short sale is in order. If you are not familiar with short positions please consult your broker, or learn more from the experts in our INO TV online seminar service.
5 Successful Intermediate-term Trading Rules
(1) The odds are in your favor when you trade with the major trends.
(2) Always trade using stops. Never Cancel A Stop.
(3) Plan your trade and trade your plan.
(4) Never assume a market is too high or too low.
(5) Go with the flow. Don't over think your position.
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