Welcome to Traders Blog

Posted on by The INO.com Team
... and a host of new trading ideas

Hello, my name is Adam Hewison.

Yes, that's me in the photo to the left.

I want to make you an offer, like they say in the movies you can't refuse.

I want to share with you my 30 plus years of trading knowledge. Much of this knowledge you won't find in any book. This is real world, in the trading trenches knowledge. This is the kind of knowledge that I know can, and will help you become a better trader.

But first, let me say this. We are about to embark on a remarkable journey together, one that I hope will educate, entertain and allow you to discover your inner trader.

There will be times when you will think that I am a genius, and times when you might think that I am not so smart. But that is what makes a market ... different opinions.

Opinions make some people want to buy, while others will want to sell. Both traders, think they are correct at that precise moment of order execution. Only future time and price action will prove who is correct.

Here is one prediction that I know will be 100% accurate this, and every year.

I know with absolute certainty, that in the next six to twelve months, some of you will drop out. I also know that some of you will grow disinterested and think that trading is too hard and not for them. I also know that some of you will hang in there and see the light and say "Hey, I can do this, and be successful."

I hope that you are one of those special individuals who chooses to believe in themselves above all else. If you are, then you will succeed beyond you wildest dreams in a business that is perhaps the most challenging and exciting in the world.

O.K. now that the first quarter is behind us, let's get down to business and look ahead and start spotting some trading opportunities at what promises to be a fascinating and profitable year.

Every success in trading and in life,

Adam Hewison
Co-founder MarketClub.com

P.S. If you spot any grammatical errors in this blog, and you will, remember, this is a trading blog and not an English lit course. Some of the best traders in the world never graduated high school, let alone college. You don't need book smarts to be a great trader or make money in the market. You only need to be curious and have a strong desire to succeed.

About Adam Hewison
Adam Hewison is a former floor trader and past member of several major exchanges, including the International Monetary Market (IMM) a division of the Chicago Mercantile Exchange in Chicago, Index and Options Market(IOM) Chicago, New York Futures Exchange (NYFE) and The London Financial Futures Exchange (LIFFE). Adam is the author of "Right on the Money, The Definitive Guide to Forecasting Foreign Exchange Rates" and numerous other financial ebooks and web movies. His latest project, MarketClub is a new web site dedicated to catching big moves in the markets using Adam's "Giant Footprint" approach. "MarketClub" can be viewed at MarketClub.

How To Use The Relative Strength Index

Posted on by The INO.com Team

How To Use The Relative Strength Index

One of the most useful tools employed by many technical commodity traders is a momentum oscillator which measures the velocity of directional price movement.

When prices move up very rapidly, at some point the commodity is considered overbought; when they move down very rapidly, the commodity is considered oversold at some point. In either case, a reaction or reversal is imminent. The slope of the momentum oscillator is directly proportional to the velocity of the move, and the distance traveled up or down by this oscillator is proportional to the magnitude of the move.

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When X's and O's make sense

Posted on by The INO.com Team

Point-and-Figure Charts

You know what point-and-figure charts look like: an elongated version of tic-tac-toe. Yet, they provide another means of determining a trend. In fact, their advantage over a bar chart is the specific buy and sell signals — no personal interpretation is needed.

The pork belly chart is shown for the same time period in both bar chart and point-and-figure form. The differences in appearance are striking. This is due mainly to the lack of a time scale on the point-and-figure chart. Time is irrelevant; price movements are charted only when they occur. On days when no new high or low is made, no additional entries are made on the chart.

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