Beautiful Ladies Dancing On Tables
(Originally published one year ago on 2/25/09)
Imagine you're in your favorite restaurant enjoying a nice dinner. All of a sudden a beautiful young lady jumps up on the table and starts dancing even though there is no music.
Would that get your attention?
I know it would get my attention, not because it was a beautiful lady, but because it is out of the realm of normalcy for this restaurant to have anyone dancing on their tables.
The point I am making is this... sometimes markets act a little out of the ordinary despite what everyone is saying and thinking about them. When this happens you need to pay close attention to that market.
Why? Because that market maybe getting ready to do something totally contrary to prevailing sentiment.
Let's Make Some Sense of Today's Gold Market
It's been about eight days since we did a video on gold, and given the market action today I thought I would look at what is causing the downward pressure in this market.
If you did not watch my last video on gold, I strongly recommend you click here to watch the video titled "Five Reasons Why Gold Will Not Make a New High This Time" as it will give you a bigger picture of how we see this market playing out in the next 12 months.
In today's short video we look at an indicator that we have not talked about before in any of our videos. The indicator, which is an overlay on top of the chart, is called the Donchian Channel Indicator. Continue reading "Let's Make Some Sense of Today's Gold Market"
The Many Moving Parts of MACD
Our guest blog post today is from Jackie Ann Patterson of BackTesting Report. Jackie’s trading experience extends back to 1994 when Silicon Valley stock options piqued her interest. In recent years, she’s focused her computer skills on the markets, back testing several indicators on 7,147 stocks over 14 years of price history. Today’s Trader’s Blog post gives an overview of the MACD indicator. You can find out more by watching the free video at The Truth About MACD.
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The Moving Average Convergence Divergence (MACD) started as a simple concept: measure the difference between two exponential moving averages (EMAs) to get early notice when they might cross. New applications evolved over the years. Now the MACD Lines and Histogram form a complex technical indicator that is used in a myriad of ways. This guest blog post describes the MACD signals in the order of their appearance on the chart, showing you which are the earliest signals to pick up a potential trend change and which indicate a mature trend.
Upcoming Webinar Schedule
Thank you to all those who attended last Friday's "Perfect Portfolio" webinar. This webinar was recorded and will be available soon on our "Bonuses & Videos" page. We have also put together an FAQ pdf document for this portfolio which you can click here to download.
I'd also like to thank everyone for patiently waiting for the forex webinar video. There were some technical difficulties that prevented us from posting it much earlier, but it has now been added to the "Bonuses & Videos" page as well.
This week's weeks webinar, entitled "Beginner's Trading Terminology" will be great for those of you who are new to trading or interested in beginning, but are confused by all of the jargon that gets tossed around. As Adam said in his post earlier today, you have to understand the language of the market before you can understand what it is telling you.
To register or read more about any of the scheduled webinars, simply click on one of the links below: 
- February 26th - Beginner's Trading Terminology
- March 5th - MarketClub's World Commodity Portfolio
- March 12th - How to Get the Most MarketClub's Alert System
As always, we're interested in your feedback and suggestions which you can send to
ed*******@in*.com
.
I hope to see you all in future webinar presentations!
Best,
Susan Jackson
Director of MarketClub Education
INO.com & MarketClub
