Big happenings at MarketClub this past weekend. Our illustrious Director of New Business Development, Lindsay Thompson, married the love of her life, Brad Bittinger. YIPEEEEE!
Here is a picture of the beautiful bride.
Check out their engagement pic here.
Congratulations to Brad and Lindsay and every happiness in the future from the entire MarketClub Team.
Consistent, successful trading requires a systematic approach that you are 100% confident in. When talking to today's guest blogger and INO TV author Gary Wagner of "Forex Gold Forecast" a few days ago about recent trades, it amazed me how confident he was in his own technical analysis. I thought it would make a good article for the Trader's Blog so I had him write down a few thoughts on trading and how he has utilized his own system.
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Effective trading is a science, but it is also an art. Choosing the scientific models (technical indicators) you wish to combine to create your trading methodology requires a journey. A journey over time, through which by trial and error you will arrive at an approach that is successful. You need to assemble a toolbox of technical indicators like an artist assembles brushes. Just as each brush creates a different effect, each technical indicator reveals distinctive information about the market. Knowing which technical brushes to use and when to use them is essential. It will provide the trader with the tools needed to create an effective systematic approach. Continue reading "Candle Sticks, Gold and a Trader's Journey"
At MarketClub our mission is to help you become a better trader. Our passion is creating superior trading tools to help you achieve your goals -- no matter which way the markets move -- with objective and unbiased recommendations not available from brokers.
The Trader's Toolbox posts are just another free resource from MarketClub.
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"MarketClub is known for our “Trade Triangle” technology. However, if you have used other technical analysis indicators previously, you can use a combination of the studies and other techniques in conjunction with the “Trade Triangles” to further confirm trends.
Momentum measures the change in a commodity’s price with time. M = Pc-Pn where M = momentum, Pc = current period’s price and Pn = price n periods ago.
The length of time used for the prior period is a matter of personal preference and time horizon of the trader. A narrow window of less than five periods back would be short-term in nature while six to nine periods would be considered intermediate; 10 or more would be a longer time perspective...."
Revisit the Trader's Toolbox Post: "Momentum" here.
We also invite you to comment on our blog about the impact you think this will have on the market in the coming months.
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