Some traders are calling it a miracle ...

Posted on by The INO.com Team

Some traders are calling it a miracle ...

... others are calling it the "Holy Grail" of trading.

and some traders, are just saying "thank you for making this
available to investors everywhere".

So what exactly is creating all this buzz and excitement in
the trading world?

In a nutshell, it's INO TV.


For the first time INO.com is making its huge digital
library of newly remastered trading media available to the
general public through INO TV.

Now you can have complete 24/7 access to over a 1,000 hours
of streaming trading media, with over 150 world class
trading experts. And get this, over 500 trading seminars
complete with the original materials digitized into Adobe
PDF format.

Investors and traders who have attended these seminars in
the past, have paid thousands and thousands of dollars, to
hear the INO TV experts share their trading tips,
techniques, and yes, secrets.

Now it's your turn.

The good news is, you don't have to spend thousands or even
hundreds of dollars to watch,listen and learn from these
same experts.

All its going to cost you is just $49.95 for three full
months of total access to INO TVs streaming digital media
library. Double that amount and you'll have complete and
full access for one full year. There are no restrictions,
now that's what I call real value.

Now do you see what all the excitement is about?

Imagine having unlimited access to all these experts and their
original seminar material for three whole months for just
the cost of a dozen cups of good coffee.

Here's what you get with INO TV.

Multiple INO TV trading channels.

Real traders give their feedback on INO TV

THERE'S ONLY ONE CAVEAT
I want to be right up front with you, the digital material
you are going to have complete access to is valuable. There
is no doubt in my mind that INO TV can help you become a
smarter trader.

With that in mind, there is no money back guarantee. So if
you are concerned about spending $49.95 to learn valuable
trading knowledge from many of the worlds top trading
coaches then INO TV is not for you.

But if you want to get better, and who doesn't, then INO TV
will work for you.

You can get instant access to INO TV right now. There's no
waiting, it's easy, it's right here, and you can be watching
in minutes.

Subscribe today at our introductory subscription rates of
just $49.95 for three months service. Or take advantage of
this special offer and lock in a twelve month subscription
for $99.95. Sign up right now and we will include two free
valuable bonuses worth $30.00. (this offer is only valid for
the first 500 subscribers).

So join today and experience an Ivy league trading
education, for just the cost of a dozen cups of good coffee.

Now that's what I call a heck of a trade.

See you on the web.

Cheers,

Adam Hewison
President, INO.com

Here's your ninth lesson

Posted on by The INO.com Team
Good Monday Morning to everyone!

Sorry this post is a bit late, but I've been playing
with the new INO TV Premium...WOW. Hundreds
of experts, hundreds of topics...you've got to check
it out today!

Anyway, here's your ninth lesson in "The Secrets Of
Professional Floor Traders" mini email course.

Lesson 9 - "Average Directional Movement Index"
by Adam Hewison

================================================================

In this lesson we are going to use the ADX indicator to
filter out some of those pesky losing trades. Many
traders know how to get into a position but are often
uncertain as to how long they should stay with a trade.
This indicator provides excellent guidance for knowing
when to hold and when to fold.

Because this lesson contains charts, it has been posted
here.

Average Directional Movement Index

All my best this week!

P.S. Look out for the next lesson - This is going to be
a cracker and a technique I know will help you master
the markets.

Can copper move higher in this economy?

Posted on by The INO.com Team

Our friends over at Dow Jones Newswires were gracious enough to include us in a recent article they wrote on copper. I thought you might find it interesting.

Cheers,

Adam

FOCUS:

Area Around $3.40 Next Key On Charts For Comex Copper

By Allen Sykora
Of DOW JONES NEWSWIRES

Technicians say the area around $3.40 and above is the next
key upside chart point for March copper futures on the Comex
division of the New York Mercantile Exchange.

Already, the futures have retraced roughly 50% of the
sell-off from the Oct. 3 contract high of $3.75 a pound to
the Dec. 17 low of $2.8530. They hit a two-month high of
$3.3785 on Wednesday, before consolidating lower.

The area around $3.40 represents resistance based on a
number of technical indicators, chartists said. At the
moment, the futures appear to be range-bound and moving
sideways, said Larry Young, senior trader with Infinity
Futures.

"We really need to break out. Obviously, $3.40 right now is
major resistance," he said. "We need to build momentum to
get through that so we can start chipping away at the highs
again."

Many pre-placed buy orders lie around the $3.40 area, Young
said. Some traders who went short during the late-2007
decline placed stops here, he said. "Others look at that as
a point to get long again," he said.

The 50% Fibonacci retracement of the October-December
decline lies slightly above $3.30, a level the market has
been on both sides of in each of the last four trading
sessions. The 61.8% Fib retracement is just above $3.40.

"A lot of traders focus on those," Young said.

The high this week of $3.3785 potentially could be the
market's test of this 61.8% Fib level, particularly amid
concerns about possible economic slowing, said Darin Newsom,
senior analyst with DTN.

Otherwise, Newsome explained, he watches what is termed a
"five-point top" based on prior major higher highs and major
lower lows. Based on this, he said, the recent rally may
continue but run into speculative selling somewhere between
the $3.41 to $3.46 area. He said the fact that futures are
in contango rather than backwardation, as they were for
months, indicates less tightness than at one time when they
were in backwardation. The latter is where the nearby
futures are more expensive than deferred contracts and is
seen as a sign of supply tightness.

"If we get back into the $3.41 to $3.46 area, it could be a
selling opportunity," Newsom said. "But if we get through
that, it might start to trigger some renewed buying
interest."

Adam Hewison, president and chief strategist with INO.com,
expectsthe March futures to rally possibly to the $3.50
area, a target zone based on recently making a
head-and-shoulders bottom.

"Certainly (a rally is possible) to the $3.40 level, which
represents the 62% Fibonacci retracement," he said.
"Potentially, somewhere between $3.40 and $3.50 would be a
reasonably good target zone.

"We closed last week (around) $3.15. We're up for the week.
We're up for the month. I think the market looks very, very
good."

He listed a longer-term target of $4 to $4.16 a pound.

The area around $3.40 is also around the market's strongest
level of the last two months or so - $3.42 on Nov. 7.

Copper has recouped much of the October-December weakness
even though concerns have surfaced lately about the health
of the U.S. economy. Nevertheless, analysts said, this could
be offset by strong demand from China, now the world's No. 1
consumer of the red metal. Demand is also growing in the
Middle East region, Young said.

"Any slowdown in the U.S. is going to hurt copper, but the
U.S. was supplanted by China in terms of gross usage of
copper," Young said.

"We're not in a domestic market any more," Hewison said.
"We're in more of a global market. It may be bad here but
still great overseas. That's what's going to drive the
market.

Hewison said "it definitely looks to me like the market has
put in a bottom."

Technicians List Key Downside Chart Points

Traders and analysts listed several downside levels that
will be important for March copper to hold on any pullback,
in order to avoid acceleration on downward moves.

"If we get below $3.1050, we're going to push this market
lower. That's a key level on the downside," Young said. The
market stopped around here twice early in the month - right
at $3.1050 on Jan. 4 and at $3.1060 the next trading day,
Jan. 7.

Young said he anticipates a pullback in copper prices in the
short term but remains bullish over the longer term, based
on the technical picture.

"It looks like right now the Dec. 17 (low of $2.8530) is
potentially going to hold as a bottom," he said. "If we can
stay above these levels, we could try to move this market
higher."

Technically, Hewison explained that a buy signal occurred in
copper futures late last month, based on the pattern on a
chart for open-outcry-only trading in the March futures.

"We believe the market made a head-and-shoulders bottom,"
he said. "The first shoulder was made on 11/21 at $2.92. The
head was created on Dec. 18 at $2.87. The right shoulder was
(around) $3.02 on Dec. 31. And neckline for the
head-and-shoulders was $3.20."

He listed key support around $3.20 in the near term and $3
in the long term. "If we were to take out the right shoulder
around $3.02, I would consider the pattern to be broken,"
Hewison said.

Newsom said the market's recent rally occurred after a
pullback to support to prior retracement levels around $2.88
to $2.95 last month. The market dipped briefly a few cents
below this last month, but did not close below it. The next
major support is around these lows, he said.

Dow Jones Newswires is a trademark of Dow Jones & Company, Inc.

Is gold cheap or overpriced?

Posted on by The INO.com Team


It's almost 28 years ago to the day, that gold traded up to $878 on an intra-day basis.

I know as I was there trading on the floor of the exchange. At the time inflation was running high as was the excitement of the "GOLD BUGS" and all the pundits who were all predicting that gold would hit $1,000, no make that $2,000 an ounce by the end of 1980.

Well guess what, gold never did make it up to $1,000. As a matter of fact, shortly afterwards gold began to lose value, This came as a big shock to the goldies who could not, would not, and did not believe that their precious metal could go down and lose purchasing power.

So what happend almost a generation ago? What caused gold to evapoate and lose value for the next 28 years?

The main reason was that inflation began to come under control and there was little reason to own gold. The bigger reason in my mind, was that the perception of the market had changed.

So where does that leave us?

Here we are 28 years later and gold is trading at new all time highs of close to $900 an ounce. Can you imagine holding onto an investment for 28 years just to get even!!!


I know that generally gold has not been a good investment over the years. It may not have been a good investment, but it has proven to be a great trading market.

The talk now is that gold should be in inflation adjusted dollars trading at $2,100. Well it's not, it's trading just below $900.

Will it go over $900 and hit $1,000 ... who knows?

Is the trend in gold up? Yes, it is.

Is the trend likely to continue ... who knows.

What I do know is that gold is a great trading vehicle, and you can do very well trading in and out of this metal.

It all comes down to this, it doesn't matter which way the market is headed, what matters is you get the direction right.

Good traders listen to what the market is saying and not what the pundits are pushing.

It all has to do with distortion of the reality field and traders perception. I always take the safe bet and listen to what the markets are saying and doing.

If you haven't watched my video on gold or looked at our Q3 results on gold (we are updating Q4 results now and they are positive) then you may be missing out on some great trading opportunities in '08.

Every success trading the yellow metal.

Adam Hewison.

The Crude Oil Red Flag Is Up - (I will proceed with caution)

Posted on by lindsay

It sure is hard to ignore the news. Although one of Adam's "Golden Trading Rules" is... "Don't listen to the news, listen to the markets," it is hard to cut yourself off from reading headlines. Use news as a red flag, but not a panic button... let the market do its thing before you react in response to an article, TV story, etc. Keeping that in mind I thought the article below was interesting read and was a story that threw up a red flag for me when looking at the Crude Oil market.

Enjoy and happy trading. Oh and I think I am the only staff member that forgot to send Happy New Year greetings, if that is the case... HAPPY NEW YEAR - I hope this is your most prosperous new year yet!

Oil prices up slightly ahead of inventory report

Associated Press

VIENNA, Austria -- Oil prices rose Wednesday amid expectations a U.S. government report will show crude oil stockpiles fell last week.

Prices were also supported by fears of further violence in Nigeria, the world's eighth-largest oil producer.

Analysts surveyed by Dow Jones Newswires predict crude inventories likely fell 800,000 barrels last week, while supplies of distillates, which include heating oil, likely fell 300,000 barrels. The U.S. Energy Department's Energy Information Administration will release the report later Wednesday.

"That would be the eighth consecutive week of crude oil stock draws and U.S. crude oil inventories are already below the five year average for this time of the year," said Victor Shum, an energy analyst with Purvin & Gertz in Singapore.

Light, sweet crude for February delivery added 24 cents to $96.57 a barrel by afternoon in Europe in electronic trading on the New York Mercantile Exchange. The contract rose $1.24 to settle at $96.33 a barrel on Tuesday. Oil was also being supported by a surge in the price of gold, analysts said. Gold futures surged above $880 an ounce Tuesday to their highest level ever, not accounting for inflation.

"Part of the recovery of oil yesterday and this morning is due to fresh investor funds coming into oil and commodities," Shum said.

Reports that Nigerian militants are planning attacks on the nation's oil facilities were also sending prices higher. In a research note, Vienna's PVM Oil Associates noted that the country had "already lost some 15 percent of crude output capacity" due to violence. Still it forecast increased production of around 2.35 million barrels a day for this year, up from last month's 2.22-million barrel daily output.

A monthly EIA report Tuesday predicted oil supplies will be tight this year but ease in 2009. The EIA slightly raised global oil consumption growth forecasts, and said the Organization of Petroleum Exporting Countries will likely supply nearly a million more barrels of oil per day this year than previously expected.

The EIA predicted oil prices will average $87 a barrel this year, up from a previous estimate of $85. The average price will then fall to $82 a barrel in 2009, it said.

In London, February Brent crude rose by 35 cents to $95.91 a barrel on the ICE Futures exchange.

Heating oil futures rose by less then a penny to $2.6424 a gallon (3.8 liters) while gasoline prices slipped marginally to fetch $2.4703 a gallon. Natural gas prices jumped by more than 18 cents, selling at $8.151 per 1,000 cubic feet.

Longer term projections for the direction of oil prices remain bearish, however. On Wednesday, the World Bank became the latest institution to predict that prices will likely decline gradually this year and next as crude demand weakens in the face of record prices.

"If you look at the fundamentals, there is scope for lower oil prices," said Hans Timmer, co-author of the bank's annual "Global Economic Prospects" report, at its launch in Singapore. "We forecast more or less a sustained, gradual decline."

A barrel of light, sweet crude surpassed $100 a barrel on the New York Mercantile Exchange for the first time last week.

The World Bank's report predicts that a barrel of crude oil will cost $84.10 on average this year and fall by 6.8 percent to $78.40 a barrel in 2009. It estimates that the average price of crude oil last year was $71.20 a barrel.

The forecasts are based an average of three benchmark oil prices: Dubai, Brent and West Texas Intermediate.

As demand wanes, OPEC countries have had to reduce their production by a million barrels over the last three quarters to a year to keep prices high, the economist said.