Internal forces in the S&P 500: New Update Video

This is just an update on using the internal forces of the market to time new positions. In this short video we look at the internal workings of the S&P 500 index.

We will be using in this example the free technical tools to help time a position. The number one tool we will be using is the Fibonacci retracement tool which just comes in beautifully in this example.

The second tool we are using is the Welles Wilder parabolic SAR. This tool is very useful for confirming entry and exit points when combined with our Fibonacci retracement tool.

The last tool is the MACD or as it is commonly called the MAC-D. This tool once again can help in timing the entry point using an intra-date chart.

Enjoy the video.

The video is free to watch and there is no need to register. I would love to get your feedback about this video on our blog.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub

13 Quick Tips for Forex Trading Success

At MarketClub we cover all major and minor Forex pairs in real-time, and their popularity is growing by the day. Traffic to our Forex pages is almost double what it was less then two years ago, and with all the great Forex material (including this post by Bill) I asked Jason Gospodarek from FastPips.com to throw his knowledge into the mix and give us thirteen Forex tips that we ALL can use! Please enjoy the article and if you have any additional tips we want to hear them!

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At FastPips.com our goal is simple.  We want to help you learn how to create a profitable trading business by executing low-risk, high-reward trades in the best market conditions possible.

#13: Back-test, but be logical.  Back-testing a given strategy can prove priceless when done correctly, but remember to take the results with a grain of salt.  Be especially wary of trade results shown on websites claiming astronomical gains since most of these results simply are not attainable under live market conditions for many reasons.

#12: Always analyze similar pairs in the forex market before placing any trade.  Similar pairs can be defined as any tradable currency pair containing 1 of the 2 currencies you are about to trade.  For example, by looking at no less than 4 US Dollar pairs before trading, one can determine if the pair will be moving based mostly on the US Dollar or the opposing currency.  This can easily be done with the Japanese Yen and others as well.

Continue reading "13 Quick Tips for Forex Trading Success"

The Median Line - A Leading Indicator

Even though there are hundreds of indicators out there, people still can't find one (or a few) that fit their trading style and methodology. I've been a fan of Greg Fisher from Median-Line-Study.com, and his work for a while now. Today I've asked him to teach us a little more about the Median Line AKA Andrews' Pitchfork. Please leave him some comments with your thoughts and questions!

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Imagine having the ability to draw a single line - the Median Line - on any stock, forex, or futures price chart, and know there is a high probability prices will reach that line. That is exactly what the late Dr. Alan H. Andrews proposed in his “Action/Reaction Course” in technical analysis of the markets in the 1960’s and 1970’s.

The method is more commonly known today as Andrews' pitchfork.  However, as I have learned from several of the students that took Andrews' course - he hated the term pitchfork!

Continue reading "The Median Line - A Leading Indicator"

A Postcard From Maine & A Business Thought Too

Every so often it's important to take a break from the market or business in general. So this past weekend, my wife and I took off for a long weekend in Maine where we have a summer house.

I always enjoy going back to Maine, as it reminds me of my roots in the north of England. I love the rocky coastline and the coastal air which always seems so fresh to me.

Another big attraction is my father-in-law who is one of the most interesting men I've ever met. This past Saturday we all went out as a family to have a nice dinner with my father-in-law, his wife Jean and my wife Sally. We had a wonderful dinner and great conversation fueled by nice wine. It was during this dinner that my father-in-law put these words in my mind which I want to share with you today.

We've all heard the expression lately that a company is too big to fail. But my father-in-law in his wisdom came up with the opposite of that and said, “companies are too small to succeed.” Continue reading "A Postcard From Maine & A Business Thought Too"

ABC's of Stock Trading

It's funny how many of these "lists" you come across, but the interesting thing is no matter how many lists you read through...you always pull something useful out of them! I believe this list is no different, but that's just me! Amey from TheWildInvestor.com and creator of SpeakStocks.com, has put together this list and would like to hear your feedback!

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This is not like any other ABC list you might have come across about trading stocks. There are no real terms here. The following is the ABC’s of successful stock trading.

A – Action, nothing happens until you DO SOMETHING.

B – Bear trap, don’t get sucked into it.

C – Cash, not making too much when you are holding cash.

D – Due diligence, don’t jump into a position blindly.

Continue reading "ABC's of Stock Trading"