The debate over whether we are headed towards inflation, deflation or stagflation is not likely to end soon. But the technical analysis video below, produced by Michele Schneider from Marketgauge.com, shows you triad of commodity based ETFs (USO, OIL, DBC) and how and WHAT to trade in any economic climate.
VISIT THIS LINK TO ENJOY THE VIDEO
Please feel free to comment below.
Sometimes you hear something and you have to do a double take, or a double listen. This is one of those times. I've know Lance Beggs from YourTradingCoach.com for a while and he sent me an email last week with 'Rock Paper Scissors - A Trading Analogy' as the title. I was hooked so replied, he got back to me with his short explanation, and I quickly told him to write it down in article form for the Trader's Blog members to enjoy...so please do and feel free to ask Lance any questions in the comment section.
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Yeah... I'm serious!
Rock Paper Scissors!
I know all the other trading educators are talking about poker and the lessons it provides in position sizing and trader psychology. I'd love to sound really cool as well and talk about No-Limit Hold 'em, or Aces over Kings, or all manner of other great-sounding terms. But the fact is that I don't know the first thing about poker. And I figure I'm not the only one.
So, here's one for all of us non-poker nerds... a game that everyone should know, which also provides an excellent lesson for traders.
Continue reading "Rock Paper Scissors - A Trading Analogy!"
Today's post is from an old friend, frequent blogger (see previous posts), and trading expert Bill Poulos from Profits Run. With Bill focusing a ton of his time on Forex, and with the Forex market getting so much attention, I wanted to ask Bill to come and give us some of his latest insights into what he's found. The article below is a great one, and if you have time I'd highly recommend checking out his new "Risk Eraser" technique video!
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You've likely heard the term Forex lately -- it continues to be the hottest trading trend today. That's a trend I believe will continue but today, I wanted to take a few moments to point out why as well as how you can best take advantage of trading foreign currencies without being taken advantage of.
Just a couple of years ago, the foreign exchange markets were dominated by the big brokers and major banks around the world. Today, the 'little guys' have gotten in on the action -- and the growth in currency trading has increased from $1.9 trillion to nearly $3 trillion in that short space of time (that's the average daily turnover in the markets - a 50% growth in turnover).
But why should you trade Forex?
Continue reading "Why Trading Forex Now Beats The Stock Market"
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—we promise objective and unbiased recommendations not available from brokers.
Here's great news from a member...
"I want to say thank you to Adam Hewison and MarketClub for being instrumental in turning my trading from consistently losing money in futures to consistently making money. The Trade Triangles have simplified my approach (and my life) to the markets, while allowing me
to have vastly better results. Being able to observe the Trade Triangles and their many winners in real time for the past couple years have given me the confidence in approaching the markets (which is priceless), and the conviction to execute trades.Also, I am no longer suffering from analysis-paralysis in trading which caused a lot of bad habits and negative results.
Also, I am so grateful for your very short and concise videos that are simple, to the point, yet very insightful. I'm always looking forward to the next one.
Thank you Adam for your spirit of giving and your integrity and for making this information available to traders/investors." ~ Bryan J., California
To send your own success story, please email
bl**@in*.com
. We wish all of our members the best and we look forward to hearing your success story.
Here are the two markets I am looking at:
1.Spot Gold - SYMBOL XAUUSDO If spot gold closes over $989.85 it will be a new high close for the year on a weekly basis. I would take this as a very bullish sign for next week. (CONFIRMED)
2. Dollar Index - SYMBOL DX The same goes for the dollar index. A close today (Friday) below 78.04 should be viewed as very negative for the US dollar.
Both markets are headed in opposite directions and both have very powerful chart formations. Look for gold to move higher, and the dollar index to move lower.
When most traders return next week from their summer hiatus and start viewing the markets more seriously, I expect these moves will begin to accelerate.
Enjoy this last hurrah of summer.
All the best,
Adam Hewison
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