Today I'm going to be looking into the Dow 30 Index. This index is home to some of the biggest and most valuable companies in the world.
Using our Trade Triangle technology, you can quickly see that out of the 30 stocks that make up this index, just three stocks remain in a bullish trend. Out of the remaining 27 stocks, 6 are in a trading range and 21 stocks are in downtrends.
With two-thirds of the stocks in this important index in downtrends, this index is casting a shadow over the general economy.
The 3 stocks that remain in uptrends are rather mundane companies that have been around a long time.
Here are the 3 stocks that are still bullish and I will be looking at in today's video: Continue reading "Is This Index Predicting The Future?"
Short-term traders enter a short position on a RED Daily “Trade Triangle” @ $1,369.27 today
Intermediate-term traders remain on the sidelines
Long-term traders hold long positions
If you are not yet a member of MarketClub see what you are missing in 2011 with a 30 Day Risk Free trial and receive 3 valuable bonuses just for giving us a try.
Today I'd like everyone to welcome Larry Levin. Larry is a very well known trader and is often featured on CNBC and other financial television shows, and today he's going to be talking about one of the hardest things we as traders must do - pull the trigger! He's got some excellent advice that can be applied to all levels of traders. Please enjoy the article, comment below, and visit LarrysBook.com to learn more about Larry and check out his book.
Sometimes we can’t pull the trigger when we sense an opportunity in the market for one reason; we’re afraid! But we are not afraid of the market, we’re afraid of ourselves. Our fear comes from not trusting in ourselves to act in our own best interest.
You fear your inability to do what you need to do, when you need to do it, without hesitation. Being afraid causes us to freeze and makes us unable to pull the trigger to execute our trades. This causes missed opportunities, but the result of these missed opportunities is the real problem of not being able to pull the trigger.
Continue reading "Pulling the Trigger Exercises"
Hi, this is Adam Hewison and I have just returned from vacation in Maine. This is my first day at the office and my first video from the digital den.
While I was away, I got to thinking about one of the oldest myths about trading: the buy and hold myth. While this strategy has worked in certain markets at certain times, I do not believe we are in a time frame where this strategy is going to meet with a lot of success.
The world around us is changing rapidly and therefore it is important to have strategies that can change with this new regime.
In today's video I'm going to show how the buy and hold strategy is flawed when you compare it to our "Trade Triangle" technology. I think you will be surprised at the results and how well you can do using this simple approach to markets.
There is no need to register for this video and of course you can watch it with my compliments. I highly recommend watching this video today, otherwise you risk missing out on what could be the move of the year.
Enjoy the video and please give us your feedback on this blog.
All the best,