In today's video, I will be using MarketClub's "Trade Triangle" technology to discover stocks that are potentially getting ready for big moves on the upside.
I will show you a quick and easy way to replicate these moves using using MarketClub's tools for the trader. With just a few clicks of the mouse, you too will be able to spot these trades.
You can use MarketClub's "Trade Triangle" signals for Stocks, Futures, Precious Metals, forex, ETFs and Mutual Funds. To the best of my knowledge there is no easier, faster way to find winning trades.
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,
I apologize in missing the earlier posting, but things have been pretty busy around here.
As you stated, the original signal and trigger point on the trade triangle for BioVail was 15.38.
The market close down today at 15.62 but I still like the chart formation and expect this market to move higher.
All the best,
Adam
Hi Adam,
I have a question re BioVail. Trade Triangle was triggered at 15.38. The market was trading at 15.63 at the time recording the video. The 38.2% fibonacci level is at 15.68. Isn’t it risky to enter this stock now because the share price may find resistance at 15.68? I usually trade forex and know the prices usually respect fibonacci levels and may stay around a particular fibonacci level for few days before they breakthrough the level or fail and retrace.
cheers,
My Wealth Mastery
PS: I posted this question on 27 June but did not get a response, so I thought of posting it again.
Adam,
Do you have some where that we can look at old Videos you have made . Like an archive of videos?
These are some great videos and would like to see more.
Great job keep it up.
Regards,
John
John,
Please see this link below. I've archived the most videos from 2008 and 2009. Enjoy.
http://club.ino.com/trading/marketclub-help-section/videos-market-examples/?ltblogcom
Best,
Lindsay Thompson
Director of New Business Development
INO.com & MarketClub
Dear Adam,
Thanks for this latest video...you have a really valuable website.
I do have a question/concern...
I've noticed that often stocks that were just recently filtered by your system....are then dropped off the filter list and no longer appear.
Case in point are these two Monthly Triangle filtered picks that are highlighted in this video. Date of the video was June 25. You would think that filtering for the past week's scans would bring these up again. But the filtering system seems to often drop off instruments which still meet the criteria that is selected, (i.e. show me all equities in the past week with new Monthly Triangles).
Would you please provide feedback on this?
Also....any new videos coming up that show how your portfolio did....like the one you did for the 4th quarter?
Thanks again....great site.
All the best,
-Mike in San Antonio
Mike,
If you do a scan for a monthly “Trade Triangles” today, you’ll see symbols where a monthly triggered on today’s date. This symbol will also show up on all longer term scanning time frames as well (i.e. past three days, past week, past month).
If we search today for new triggers, it will only show the “Trade Triangles” triggered on 7-1-09, but the other scans will still show today’s batch plus the older ones from previous days.
Once a “Trade Triangle” is issued, it will stay on the list until it gets past the 30 days, at which point it will get dropped off the list.
With that being said, the list will drop off symbols if they are not scanned by a MarketClub member within a reasonable time frame.
If stock XYZ has not been scanned by a member, issued as a portfolio alert, or has fallen off of member interest, it will be dropped from the list.
Hope this sheds a little light on the subject of the recent “Trade Triangle” list.
Look for a video on our quarterly results early next week.
Jeremy Lutz
Head of Technical Support
INO.com and MarketClub
Hi Adam,
I have a question re BioVail. Trade Triangle was triggered at 15.38. The market was trading at 15.63 at the time recording the video. The 38.2% fibonacci level is at 15.68. Isn't it risky to enter this stock now because the share price may find resistance at 15.68? I usually trade forex and know the prices usually respect fibonacci levels and may stay around a particular fibonacci level for few days before they breakthrough the level or fail and retrace.
cheers,
My Wealth Mastery
Today I did the Monthly TT scan for different time periods, this is what I found since:
- one month - 18 stocks, 15 + and 3 -
- one week - same
- 3 days - 15 stocks +
- yesterday - 14 stocks +
these numbers do not seem right for these time periods
also, the two stocks in the video do not show up in ANY of the scans
so I wonder about the scans
???
Liz,
If you do a scan for a monthly "Trade Triangles" today, you'll see symbols where a monthly triggered on today's date. This symbol will also show up on all longer term scanning time frames as well (i.e. past three days, past week, past month).
If we search today for new triggers, it will only show the "Trade Triangles" triggered on 7-1-09, but the other scans will still show today's batch plus the older ones from previous days.
Once a "Trade Triangle" is issued, it will stay on the list until it gets past the 30 days, at which point it will get dropped off the list.
With that being said, the list will drop off symbols if they are not scanned by a MarketClub member within a reasonable time frame.
If stock XYZ has not been scanned by a member, issued as a portfolio alert, or has fallen off of member interest, it will be dropped from the list.
Hope this sheds a little light on the subject of the recent "Trade Triangle" list.
Jeremy Lutz
Head of Technical Support
INO.com and MarketClub
Jeremy, thanks for the response, but this still does not explain why neither of the two stocks showed up on the trade triangles list.
Liz,
The two stocks were on the list when Adam produced his video. However, after the video was made they were dropped from the list due to the one of the following.
1. They were not scanned by a MarketClub member within a reasonable time frame.
2. No portfolio alerts were issued to MarketClub members on these two stocks.
3. They had fallen out of member interest.
These three factors contributed to the two stocks being dropped from the list.
Best,
Jeremy Lutz
Head of Technical Support
INO.com and MarketClub
Hello!
Great video Adam! Also, what a great product you have with marketclub. I have been a member for a couple of months now, and I would like to ask a question that has been baffling me since I started trading using the triangle technology.
My question is this: When evaluating equities, when one would purchase based on the triangles and marketclub's tools, how is one to determine the proper stop level for that particular trade. Is it simply waiting for a monthly/weekly/daily red triangle? I know that this is a decision that each must make individually when evaluating risk/reward of an equities trade. I hear about using "proper money management stops" in your videos, and I was curious as to how you would evaluate this with the triangle technology.
Thanks!
Charlie
Charlie,
Thank you for your feedback. I would recommend using our weekly trade triangles as a stop. I know this sounds simple but quite frankly it works very well over the long run.
The key is to diversify yourself into several different markets. When you do this you will lower your risk across the board.
Every success,
Adam
Chris,
Thank you for your comment and your kind words.
Sometimes you have markets that just go on their own momentum and really aren't tied down to a particular index. I would prefer that the TSX was currently up on the weeklies but it's not.
The question becomes, if you ignore the signal and the market continues to go higher regardless of the TSX then what do you do?
I would rather be long with a valid signal than try and guess if a pullback is near should the TSX index turn backup.
All the best,
Adam
Adam,
As always, great video. Quick question for you. As a final filter would you first see what the triangle are indicating for the broader market. I believe the TSX is currently in a daily up but a weekly down. Wouldn't it make sense to wait until both the broad market and the individual securities are aligned?
Cheers,
Chris
I guess he is a catalyst for stocks (and his audience) after all...
The man sure is a character!
Thanks for the reply.
Have a good weekend.
Richie.
Richie,
Thanks for the heads up. I was unaware that Cramer recommended this stock. It does not change our viewpoint and the fact that we had a solid trade triangle formation and the formation was completed with the move yesterday.
Who knows, maybe Cramer and MArketClub's Trade Triangles could be in unison this one time?
All the best,
Adam
Hi Adam,
Not sure if it's relevant but HCBK is a Cramer stock. Is the Monthly Triangle/Signal still valid or is it effected by the fact that his followers start bidding up his recommended stocks as soon as he mentions them on Mad Money (after hours)? Also because the pool of Cramericans is finite, doesn't that skew the chart?
The same phenomenon happened to SLM & HBAN recently where they were the only stocks up in a major down day for no apparent reason.
Just thought I'd mention it.
Thanks for all the good work. Keep it up.
Richie
I can't view your latest video no matter what I try!!!!!
Martin,
Please try again! We made some changes:
http://broadcast.ino.com/education/finding_big_trades/
Thanks,
Adam
Today's video does not play. Keeps saying to download Flash.I have done this twice already with no joy.
Dan,
Please try again! We made some changes:
http://broadcast.ino.com/education/finding_big_trades/
Thanks,
Adam
Michael,
Look at the video that Lindsay posted in the comments above. This should play with out any problem for you.
If you still have problems, the problems are on your end. Either you don't have a flash player or you have insufficient memory or possibly an older computer.
All the best to you.
Adam
The video window still does not pop up for viewing.
Please try again! We made some changes:
http://broadcast.ino.com/education/finding_big_trades/
Thanks,
Dave
Michael,
You can watch the video just above this comment. If you are using Explorer you may want to change to the Mozilla Firefox browser. We believe it is superior to the Microsoft Explorer browser and we recommend it.
All the best,
Adam
I cannot view the video either.
Hello Adam
There is no video that I can see!
Dear Norm,
I'm not seeing a problem with the latest video. Make sure you allow time for the file to load. Also make sure you have the latest version of Flash. If all else fails you can watch the YouTube version here. Call our support staff if you still need more help.
Best,
Lindsay Thompson
Director of New Business Development
INO.com & MarketClub
Thanks Lindsay
Thanks for the you tube video, I was able to view the video. First time this has happened that I was unable to view video on my market club page.
This video does NOT work
Dina
Dear Dina,
I'm not seeing a problem with the latest video. Make sure you allow time for the file to load. Also make sure you have the latest version of Flash. If all else fails you can watch the YouTube version here.
Best,
Lindsay Thompson
Director of New Business Development
INO.com & MarketClub
CAN SEE VIDEO USING MOZILLA FIREFOX.......
CANNOT SEE VODEO USING INTERNET EXPLORER........
J. Timothy Nelson,
We actually prefer Mozilla Firefox as a browser and also Safari. I don't know too many people in our company that use Internet Explorer, except for testing our programs. This is the first that we have heard that the video did not play on the Internet Explorer.
All the best,
Adam
We republished the video - please let us know how it works now.
http://broadcast.ino.com/education/finding_big_trades/
Thanks,
Dave