Saturday, September 18, 2010

Trading Simulator (Free)



No software to install. It's all through the website, www.tradingsim.com and best of all it is free. I don't how good it is though for I've recently signed up but the good thing is that you don't have to have your own software running, through the day, recording data to run in the simulator - like Ninjatrader and the likes.

I hope this helps someone.

Cheers

EURUSD Market Club score is now +60 which means very weak uptrend.

Friday, September 3, 2010

NDX (Nasdaq 100 Index) Update

Market Clubs score for the Nasdaq 100 Index has dropped as low as -100 since my last update and is now resting at -55. It has not been a good idea to go long using trending strategies. Anyway, this is my last update on the NDX. However, I will follow Market Club's rating on the EURUSD since I do trade this market. Currently the score on the EURUSD is -55.

Prosperous trading till next time..

Friday, August 27, 2010

Scan for Chart Patterns

Here is a site I came across a year or two back called thegreedytrader.com. This site provides weekly technical analysis information on the stock market by way of scans, alerts and picks. They have a section called "Green List" or "Red List" which brings you to a page that lists stocks, based on certain criteria including trend patterns, for daily to yearly periods. If you see a stock on the list that you like you can click the plus sign to add it to your watch list. Also, you can download an excel sheet of the list. Under the Analysis menu, you can also do a "TA Search" in their "Advanced Technical Analysis Stock Market Screener". What is worth noting is that you can search for chart and candlestick patterns.
Now, of course you have to be a subscriber to take advantage of these services. They have a free subscription and a premium subscription. You have access to alerts and picks with the premium subscription. Again, the site is updated weekly basis not daily.

I am not a subscriber but maybe the site might help out someone. If you've learnt about chart patterns, compare that knowledge to what is presented and see for yourself if it line up. And compare the patterns with patterns from other sources for the same stock. You will increase your understanding of patterns even more.

http://www.thegreedytrader.com
I hope this helps. Happy Trading

Saturday, August 14, 2010

Patterns Discovered in the Nasdaq

Adam Hewison of MarketClub discovered a pattern in the NASDAQ that if it repeats "then it certainly is going to be a rough third and fourth-quarter for most investors." See video below.

UPDATE: Nasdaq 100 Index is now down to a MarketClub score of -65. This indicates a downtrend is in place.








Want to trade like Adam? Click here for FREE lessons.

Friday, August 13, 2010

Market Makers Defined

This is an interesting youtube video by, TradingToTheMillion.com, on the role of the Market Makers in the market. Enjoy.



Click here for the Youtube Channel

Monday, August 2, 2010

"Worlds most Successful Trader"

I found this interview on trading-naked.com. It's an interview with the "the worlds most successful trader- Paul Rotter .. " Read and enjoy.

http://www.trading-naked.com/paul_rotter.htm

On a side note, Nasdaq 100 (NDX) score moved up to +70.
Check out Market Club's Trade Triangles CLICK HERE

Friday, July 30, 2010

NDX Update

Nasdaq 100 index (NDX) moved down from a score of +100 to +55 as of 7/29/10.

Monday, July 26, 2010

Sector ETF XLU update

Just a quick update. In the last post I mentioned that Market Club gave XLU (utilities sector etf) a score of +75. The score is now +100. You can see other examples of market analysis by visiting the link below.

Trade Triangles

The XLU holdings are probably showing some strength. The website I use to find out what stocks are in what ETF is Select Sector SPDRs (www.sectorspdr.com). You can easily search for your ETF by entering it in the upper right hand corner. Once up, you click holdings from the left context menu. You are then presented with all the holdings. On top are two options to download .cvs or .xls files of the list. That saves alot of trouble entering each symbol into other applications.

I will be tracking the Nasdaq 100 (NDX). So far, Market Club's score on the NDX is +70 as of today. Three stocks from the NDX (JOYG, MICC, CHRW) are showing scores of +100. This is not a buy recommendation (See Disclaimer). Just watching what happens.

Happy Trading!

Tuesday, July 13, 2010

Try Market Club for FREE

As of July 13th, 2010 the utilities ETF, XLU, has an analysis score of +75. This mean that the market may be in some near-term weakness, but is still in a long-term upward trend with intermediate and longer-term trends pointing to a bull market. This is not a recommendation to invest in XLU but an example of the information that you can acquire via the Market club tools in order to make investment decisions.

MarketClub takes pride in their suite of tools and unique indicators that help you establish the trend easily and quickly for different time frames and trading styles. MarketClub wants to show you why they are so confident in their system and are rolling out the red carpet for you...trust me your not going to want to miss this:

http://www.ino.com/info/573/CD3393/&dp=0&l=0&campaignid=20

Take Marketclub for a test drive for two full weeks, this isn’t a “pay me now, cancel later” situation. This is truly no cost and requires no payment information.

To make sure you get the most out of your trial they will be hosting a live to show you exactly how the staff use it, you can ask questions and interact with other MarketClub users to get the full experience. Of course if you have any questions at any time during your trial you will have access to their live customer support by phone or email.

Let MarketClub help you take the guess work out of trends and take your trial today:

http://www.ino.com/info/573/CD3393/&dp=0&l=0&campaignid=20

*Don’t forget to sign-up for the webinar. Just look for the link to register in the email with your log-in information to MarketClub

Oh, the reason I choose XLU for my example is because I have been monitoring the ETFs of sectors and XLU stood out with a positive score. As far as sector rotations and market cycles are concern, this information might be helpful.

Cheers.

Sunday, June 27, 2010

How To Use Fibonacci Retracements

A 5 minute video lesson from Adam Hewison on how to use Fibonacci.
Like many traders, he uses this tool to determine turning points in the market along with other complementary tools like the "Trade Triangle" technology.

The video is free to watch and there are no registration
requirements.

Enjoy the video.

Fibonacci Tool Video

Happy Trading

A Wealth of Investing Education - FREE

You can find some good free investing educational webinars right at Investools website. Most of the archived videos are centered around technical analysis for stocks and options. It's a good place for beginners to learn something even if you don't have their software.

http://education.investools.com/tdameritrade/Archives.iedu

Thursday, June 10, 2010

How to take money and emotion out of the gold market.

"Perhaps no other market in the world elicits such emotion and passion than the world's gold market. One only has to mention gold, and theories just come out of the woodwork in regards to conspiracy, market manipulation, and a host of other less than savory subjects.

So what's a trader to do?" Watch video to learn more.

Cheers

Follow Up to Momentum Technique I Like

Last month, I posted a link to Investopedia.com's article on a momentum trading technique I like. That is, an Impulse System developed by Dr. Elder.
I came across, by accident, an article on Stockcharts.com also about the system and a little variation on how to use it - Elder Impulse System.

If you have the Ninjatrader platform, an indicator for this system can be found on Big Mike's Daytrading Forum - Ninja Impulse System Indicator.

Happy Trading

Thursday, May 20, 2010

Free Volume Profile Education

I was looking for some educational material on "value area" and came across this blog, Emini Volume Profile Day Trading , where the author offers free education on volume profile. Most of education material is via video on Veoh and Youtube. I think the information from this blog is of great value to those looking to get started with volume profile.

Saturday, May 1, 2010

Is it all over for the Euro?

Euro/Dollar, the most commonly traded Forex pair, is always a a hot subject. Throw in the meltdown of Greece and 5,200+ pip profit and you have Adams latest video.

Check it out and post, email or tweet it:
http://www.ino.com/info/549/CD3393/&dp=0&l=0&campaignid=3

--------------------------------------------------------------
Subject: Is it all over for the Euro?
--------------------------------------------------------------

Things have been bad in Europe recently. Between the travel restrictions due to the volcano and ash, as well as Greece not wanting to conform to strict fiscal policies, problems are adding up and adding weight onto the euro.

http://www.ino.com/info/549/CD3393/&dp=0&l=0&campaignid=3

It is interesting to note that in the beginning of 2010, everyone was bearish on the dollar. Looking at the market action alone we could see that the dollar has done very well vis-à-vis the euro. This is where technical analysis shines as it is an unbiased viewpoint of the collective wisdom of all market participants.

In this new video I show you how you can trade the euro/USD cross using our "Trade Triangle" technology and come out of winner no matter what happens to Greece, Portugal, or Spain.

http://www.ino.com/info/549/CD3393/&dp=0&l=0&campaignid=3

As always you can watch our videos without registration and there are no fees involved.

Enjoy the video.

All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub

Friday, April 16, 2010

Measuring the power of the bulls and bears using an Indicator

The Force Index, created by Alexander Elder is one of the indicators that helps in measuring the power of the bulls and bears. Basically, showing you the momentum. It takes into consideration price and volume. I've been reading about the force index on investopedia.com. The links are below.


Discovering the Force Index - Part 1: Introduction
http://www.investopedia.com/articles/trading/03/031203.asp

Discovering the Force Index - Part 2: Trading Rules
http://www.investopedia.com/articles/trading/03/032603.asp

Youtube video
http://www.youtube.com/watch?v=xRmYpBBQurg

Friday, April 2, 2010

Market Club 2 week trial, now open!

Whether you watch tv, listen to the radio, or read any
of the major financial newspapers, you've seen or heard
about the powerful tool MarketClub. Today I've been given
some insider news...they're opening up a 2 week trial
availiable for only a few days! What is normally priced at
449.00, you can have access to for nothing!

Get instant access here:
http://www.ino.com/info/539/CD3393/&dp=0&l=0&campaignid=8

You know I've been a big fan of Adam Hewison and the
MarketClub team, and now is your chance to gain access
to the powerful tools, unlimited email and phone support,
and Adam Hewison himself! If you watched his videos you
know Adam knows what he's talking about, and today you
can use the tools he uses and get started on your way
to becoming a successful trader!

Here's that link again:
http://www.ino.com/info/539/CD3393/&dp=0&l=0&campaignid=8

Cheers!

Wednesday, March 31, 2010

New Video: GOLD UPDATE

Why gold will not make new highs or lows this year?

Have you ever heard of the phrase "Energy fields" in relation to the markets?
I haven't until I saw this video from Adam Hewison of Market Club. It's an interesting concept that when applied to the markets can help analyze what is going on at the moment.

Adam talks about what he see on the Gold chart and what could be happening.

See for yourself:

http://www.ino.com/info/542/CD3393/&dp=0&l=0&campaignid=3

Till next time.

Tuesday, March 23, 2010

Momentum Technique that I like

At the following link, you will find an Investopedia article on a momentum trading technique that uses the EMA and the MACD histogram. When the slopes of both indicators are rising bulls are strong and you look for buys. When both are falling you look for sells. You exit when there is divergence between the indicators. It's not an easy technique to follow according to the article but it's simple and I kinda like it. Keep in mind I have not traded using this technique but been backtesting.

http://www.investopedia.com/articles/trading/03/092403.asp?viewed=1

Cheers!

Tuesday, March 16, 2010

A Complete Swing Trading Strategy

Swing-Trade-Stocks.com presents a free simple swing trading strategy that a novice trader can study, follow and implement. The strategy uses two moving averages, with entry and exit techniques, and money management.

This is a trend following strategy that allows you to get in on the pullbacks for low risk trades. Note that you will incur loses during ranging periods if following this strategy but should make up the loses when the market trends. I have not backtested the strategy so do your due diligence and backtest, forward test, before committing real money.

Swing-Trade-Stocks.com

Happy Trading

Saturday, March 6, 2010

The Line Is Drawn In the Sand In the Equity Markets?

To many technicians, it is very clear where the equity markets will reverse, and for those folks who don't follow the technicals, this is a key reversal area in the S&P 500, the NASDAQ, and the Dow.

In my new short video I show you the exact levels that I think will reverse this market, if in fact it's ever going to reverse to the downside.

Currently the major trend remains positive for all the indices and we would only become negative on the these markets should the key levels I show you today, are broken.

As always our videos are free to watch and there are no registration requirements. I would really like to hear back from you with regards to your thoughts on this video.

http://www.ino.com/info/532/CD3393/&dp=0&l=0&campaignid=3

Your comments are welcome on our blog.
All the best,

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

Saturday, February 27, 2010

Free Oliver Velez Seminar, Reports, Room

Hi,
If it's not too late you can sign up for Oliver Velez free webinar on " The 5-minute Trader" that is being presented this Sunday 2/28/10. If you go to church, I do not advocate staying home. Myself will be in church tomorrow during the time of the seminar. But you can register and if they record it, they will probably make it available to all who signed up.

The webinar he had today on "Real Wealth" was pretty informative as far as his method goes and they did record it so that might be available to all who register late as well.

I will try out his free trading room next week some time.

Who is Oliver Velez you ask? I first learnt about him at the New York Traders Expo 4 years ago and about these free seminars during this past expo. But you can Go to this link to learn more: http://www.olivervelez.com/about.htm

To register for his free seminar, reports, trading room, etc fo to main page at http://www.olivervelez.com

I hope this is helpful to someone.

Friday, February 26, 2010

New Video: Making sense of today's Gold market:

It's been about eight days since we did a video on gold, and given the market action today I thought I would look at what is causing the downward pressure in this market.

If you did not watch my last video on gold, I strongly recommend you click here to watch the video titled "Five Reasons Why Gold Will Not Make a New High This Time" as it will give you a bigger picture of how we see this market playing out in the next 12 months.

http://www.ino.com/info/530/CD3393/&dp=0&l=0&campaignid=3

In today's short video we look at an indicator that we have not talked about before in any of our videos. The indicator, which is an overlay on top of the chart, is called the Donchian Channel Indicator.

Richard Donchian, who has since passed away, came up with this indicator in the late '40s. The reason why I like this indicator is the fact that it has successfully stood the test of time. I think you'll really enjoy seeing how it can help you make money in the gold market.

Also in this video, I point out one very important cycle that is in play now and where I think the next tradable low is coming into this market.

http://www.ino.com/info/530/CD3393/&dp=0&l=0&campaignid=3

As always our videos are free to watch and there are no registration requirements. I would really like to hear back from you, with regards to your thoughts on the gold market. You can comment quite easily on our blog.

All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub

Sunday, February 21, 2010

Video: "Stop Runs"

Do the market makers, specialists and big players gun for your stops? Why do I get stopped out often?
Maybe this 3 min video by TopDogTrading.com can help in answering those questions. Well, at least give you a technique to place better low risk entries.

http://www.topdogtrading.com/stoprunning_fb.html

Happy Trading

Thursday, February 18, 2010

Sign-up for "Perfect Portfolio" Webinar this Friday

On Friday, Adam is going to go into detail about this hypothetical
portfolio and it's conservative strategy. This set-up is "perfect"
for those of us who don't want to look at our brokerage accounts
every day.

The "Perfect Portfolio" covers 4 ETF's and Adam will look at each
and also cover the strategy used to trade them.

In order to register for this free web seminar which is available to all
readers, simply visit below.
http://www.ino.com/info/514/CD3393/&dp=0&l=0&campaignid=6

Nigel

Tuesday, February 2, 2010

New Video: Apple, iPad,

As a techy, I think the iPad is pretty cool. My eyes like it. Can it do what I want like for that I can't do with the ipod or mini PC? Probably not. It seems to be centered around multimedia, itunes and services you have to buy in order to use it. Anyway, that's another story.

But in this new video, Adam attributes the Apple's run up to the anticipation of the iPad. However, looks like Apple is losing steam now the product is out. As I write this post Apple is at $195.20 which is a 20pt reduction from it's 215 high. It's been dropping folks. Adam points out the divergence in Apple on a monthly chart. Apple has made new highs but the MACD has made lower highs. Also, refering to fibs. lines, he believe that there could be a correction down to as far as the 50% level. We will have to watch the major markets, especially the Nasdaq and S&P 500 to see if they retrace as ananlyzed in previous videos.

So, again we learned about divergence and will possibly see the affects of it on Apple.

http://www.ino.com/info/512/CD3393/&dp=0&l=0&campaignid=3

Friday, January 29, 2010

Video: NASDAQ crosses important trend line

In this video from MarketClub, you see that the Nasdaq reached 61.8% fibonacci level. At the same time, we can see divergence happening for the market been making higher highs while the MACD oscillator been weakening or making lower highs. Not only that but the Nasdaq has been trending up since early last year and now it seems like the Nasdaq has broken that trend line. Trend lines can really help in determining direction and which side of the trade to be on. Watch the video and see how a trend line is drawn.

As always our videos are free to watch and there are no registration requirements.

http://www.ino.com/info/511/CD3393/&dp=0&l=0&campaignid=3

Happy Learning

Wednesday, January 27, 2010

Is the Dow in trouble?

For some time now we’ve been very concerned that all the major indexes are in the “thin air” and have exceeded some key Fibonacci retracement levels. This new short video explores that and looks at a key Japanese candlestick formation that could really make a difference and be the first clue in the demise of the Dow.

I’ll also show and share with you a specific number to look for in February. Should this level be broken, then it will signal a major reversal to the downside for the Dow.

As always our videos are free to watch and there is no need to register.

http://www.ino.com/info/508/CD3393/&dp=0&l=0&campaignid=3

It’s good to be back and it’s going to be a great year. I’m looking forward to working with you all.

Enjoy the video and let us know what you think on our blog.

All the best,

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

Wednesday, January 20, 2010

Helping Haiti

Samaritan's Purse is helping victims of this devastating earthquake and is another place you can send donations to. Click below to visit their site.

www.samaritanspurse.org

You can verify a charity with these three sites:
www.guidestar.org
http://www.irs.gov/app/pub-78/
http://charitynavigator.org/

Thanks

Video on the Basic Chart Reading

Here is an archived video webinar on chart reading basics for beginners. See it while it last. I don't know if it will be there for long. It's a good review for seasoned traders.

Chart Reading

Thursday, January 14, 2010

Keep Learning

One thing that I often hear from successful traders or investors is that their education never stop. And one way to keep themselves updated or to learn new things is by way of magazine subscriptions. There are some pretty good investing magazines out there but I will only mention one here and that is Futures Magazine. Well, maybe because I receive it monthly.

Why Futures Magazine? Well, it usually has informative articles on the market condition (Commodities, Equity, Options, Forex), and trading techniques. You can probably get a free subscription. Often you will find offers for a free subscription. I've got mine when I had visited the Traders Expo in New York. If you don't want magazines coming to your house, you can still get alot of the articles on their website.

Furthermore, they have an online virtual trade show called I-Trade Show. It's something like a trade show online and it's free. The feature I like is the on demand videos of pre-recorded webinars. However, once on there the sponsors/exhibitors will try to contact you.

So, check out Futers Magazine.