"Weird" Events Are Frustrating Forex Traders

Posted on by The INO.com Team

Frequent guest blogger, Bill Poulos, presents his latest article below which looks deep into a number of major issues within the Forex markets, as well as provides a number of excellent tips for you to use on a daily basis. Please check out Bill's site here, and as always he's excited to read and respond to your comments so let's not let him down.

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Recent events have brought the dollar back into focus – both as it continues to slide, and as it made an unusual, event-related rebound last week. Because of that, many traders, my students included asked me for my take on why Forex traders are struggling right now.

I believe there are three reasons that are deeply affecting traders of foreign currencies. They are:

•    Overexposure on trades
•    Little or no attention to risk management
•    Stuck in a black hole cycle of dependency

Let me elaborate:

Continue reading ""Weird" Events Are Frustrating Forex Traders" →

December Can Be A Tricky Month

Posted on by The INO.com Team

Well here we are in the month of December and things can get pretty tricky this month. For this reason, I wanted to produce a video that I thought would be helpful to you during this time.

In my new video I show you the exact points that we’re looking at for a major trend change in the S&P 500. I also point out the exact number that will show an exit point, but not a major trend change, in this same index.

As always our videos are free to watch and there is no need to register and we look forward to your comments.

Adam Hewison

President, INO.com Co-creator, MarketClub

Traders Toolbox: Directional Movement Index Revisited...

Posted on by lindsay

Trader's Toolbox

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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Directional Movement Index

"The Directional Movement Index, commonly called the DMI, is a powerful trend-following indicator. Many false signals generated by indicators such as the stochastics are filtered out by the DMI. Subsequently, this trading and analytical tool gives few signals, but, when generated, they tend to be very reliable.Many, who at first glance are strangers to the DMI, find they are familiar with the prime component of the index: The ADX or average directional movement index. This discussion will center on the main use of the ADX, the turning point concept.

The DMI consists of three components: The + DI, which represents upward directional movement; the - DI, indicating downward movement; and the ADX, which signifies the average directional movement within a market..."

Revisit the Trader's Toolbox Post: "Directional Movement Index" here.

The Golden Rule of Risk Management

Posted on by The INO.com Team

Today's Guest Blogger is frequent TV contributor, Bob Iaccino from TraderOutlook.com. Iaccino will try to take a stab at teaching us about the importance of risk management in the Forex markets.You can also see Bob's recently released video series, charting his trading methods and successes. Make sure you comment below with any questions you have for Bob.

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Position traders are suffering a little bit, both short and long term in the Forex market right now. Even scalpers are feeling the sort of chop they haven’t felt recently because of the lack of “trend/congestion, trend/congestion” that has been the consistent general nature of the Forex markets. When the economy is in a particular phase such as recession, growth, or even depression, we’ll see the Forex markets trending. However, the direction of the trend doesn’t ultimately matter. They’ll trend for a period of time, and then they’ll pause and move sideways.

Continue reading "The Golden Rule of Risk Management" →