Traders WhiteBoard Lesson 1

Throughout my years of trading experience, I have found that most traders are looking for something simple and easy to understand. In today's Traders WhiteBoard lesson, I want to share with you a very simple trading tool that is overlooked by most traders.

In fact, it was this particular tool that alerted us to the recent big move in the metals markets.

Don't be surprised with the simplicity of this tool, its simplicity is the secret to its success in all markets.

We'd like to ask for a few minutes of your time to watch this short video. I think you will be surprised at just how simple this approach is, and yet how powerful it can be in the market. I will show you several real world examples and explain how to use this tool successfully.

Enjoy the video! I hope it helps you in your trading and your success in the markets.

Adam Hewison
Founder and President of INO.com and co-founder of MarketClub.com

The Bottom Line on Gold, the Dollar, and the Euro

By Louis James, Casey Research

One of the points we've made several times over the last year is that traders stuck in an old paradigm are frequently selling gold for the wrong reasons.

The most egregious (or just plain silly) example is that gold often drops when the euro drops.

This happens, not because there's anything wrong with gold at such times, but because gold is priced in dollars. Instead of being thought of as a store of value in many investors' minds, gold is viewed as a hedge against weakness in the dollar.

But what are dollars priced in? Continue reading "The Bottom Line on Gold, the Dollar, and the Euro"

Chart to Watch - Natural Gas

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Natural Gas (ZW.V12.E). I hope you had a GREAT week ! This week we are going to take a look at Natural Gas.

Natural Gas made a bull swing in which MarketClub went on a weekly and monthly green Trade Triangle.

Natural Gas went on a weekly red MarketClub Trade Triangles Natural Gas made what was more than likely a counter trend correction.

Natural Gas looks to have just made the breakout of a Head and Shoulders base. Continue reading "Chart to Watch - Natural Gas"

Daily Video Update: It's déjà vu all over again, as the FED throws the dollar under the bus

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 14th of September.

The older I get, the more I realize that there are no new fiscal ideas. The Fed is basically recycling an old inflationary idea to try and get us out of the current mess. They are cloaking this in job creation, but what it tells me is that the US is in a far more serious economic condition than possibly any other time in history, including the great depression.

As for reducing the unemployment levels, that is going to be a much more difficult challenge as unemployment is going to remain stubbornly high. We are losing manufacturing jobs in the US and everything is turning or has turned to high tech and the Internet.

Take a company like Facebook, it runs on just three or four thousand employees. How are the Facebook's, Amazon's, and Google's of the world going to reduce unemployment? They cannot reduce their labor force and skill sets change in the blink of a nano second. A labor force that is uneducated, not online or too old, is going to have a tough time in the new online world. I know this sounds harsh, but that's the reality of today.

Back to the markets, as we go into this weekend it could be an excellent time to look for new 52-week highs in commodities, stocks, and any other market that is making a 52-week high.

Our Trade Triangles have been telling you that the equity markets and commodity markets were headed higher and that inflation was on the way for quite some time.

I will be out cruising in the Gulf of Maine aboard a three masted schooner for the next four days and will be pretty much out of touch. Jeremy will be doing the daily update for me until I return. Have a great weekend and every success trading these inflationary markets.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
Click Here to view today's video

When Will Gold Finally Take Off Again?

By Jeff Clark, Casey Research

Gold's pullback a year ago no doubt shook out a lot of nervous buyers. They got in on the rise, they got nervous on the pull back. They sold, and they lost.

That's just the way the market works.

But it's a shame, because when we look logically at gold's historical performance – for example over the last 12 years – we see that holding their nerve, tough though it can be, will most likely turn out to be the best approach, and for good reason. Continue reading "When Will Gold Finally Take Off Again?"