A Fresh Look at Crude Oil in 2010

Posted on by The INO.com Team

Hi, this is Adam Hewison. I am just getting back into the swing of things and decided to take a look at the crude oil market.

It's the first time I've looked at this market this year and one thing jumped out at me right away and I wanted to share it with you.

It appears as though crude oil has an amazing cyclic quality that can be timed quite accurately with MarketClub's "Triangle" technology. In this new short video, I showcase this cycle and how you can take advantage of it.

As always our videos are free to watch and there are no registration requirements. All we ask for is that you comment on this video if you find it interesting and informative.

Enjoy the video and let us know what you think.

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

28 thoughts on “A Fresh Look at Crude Oil in 2010”

  1. Re: Oil chart ...

    Something to note regarding the cyclical analysis is that it appears that for the first time in a while oil is making a lower high and possibliy a lower low. This would be a change from the uptrend to a downtrend. We'll have to wait and see what happens, but keep an eye on the trend (it's your friend until it ends).

    1. Bob,

      That second comment made me laugh! Glad you got it working, but sometimes we do make mistakes too, so don't hesitate to contact our Support Team at 1-800-538-7424.

      Have a wonderful week,

      Lindsay Thompson
      INO.com & MarketClub

  4. Interesting concept and potentially valuable information. I'm extremely ignorant when it comes to trading commodity contracts. Will see how it pans out. Thanks for the info.

  5. Very interesting. I know a few people doing extremely well
    with Day Trading Crude Oil. Is there a way to Day Trade
    via Trade Triangles? As I see, Market Club is primarily a
    Swing Trading System. But I'm a bigger fan of Day Trading
    and scalping a market. Thanks!

    1. Hi Ted,

      I have heard of customers day trading using the "Trade Triangles" although this is not the intention of the service. They use the daily "Trade Triangle" as their trend indicator (to determine long/short positions) and then use another technical analysis indicator to act as their timing triangle.

      Right now our stocks/futures are delayed about 20 minutes.which causes a problem for day traders. However, we are looking to decrease that quote delay in the future. By decreases (eliminating) that delay, day traders could use the technique mentioned above more effectively.

      Thanks for your comment.

      Best,

      Lindsay Thompson
      INO.com & MarketClub

  6. Thanks for the video Adam. What do you think about Gold right now? I agree about crude oil, but just wanted your thoughts about the gold futures markets

  7. HI Adam and friends at Market Club

    I have just watched your crude oil video and I am in full agreement with your take on the oil price cycles.
    This would put us at the bottom of the cycle shortly. (Thanks Adam)

    I respectfully submit that this trend is also affected by weekly inventories and can change drastically if any bad news comes out of the Middle East.

    STOP LOSSES
    Last year I never put a stop loss on oil stocks, because I consider that in the long term it will out reach current prices.
    However, if oil reached $150 a barrel I would place a stop losse.

    Once again I would to thank you kindly for your assessment and keep up the good work

    Regards Sean Corrigan Ireland

  8. Watched your oil (Feb 1) vid. Owned stock since 1958 and been at it a long time. Chartist for over 30-yrs. Been using Elliot Wave/Bob Prechter for 25+ years and made a lot of money...But could have made much more.

    I don't know anything about your trading system. Can you offer more than just this vid? You sound very young to me.

  9. I think oil's trend will show us that there will be short bursts of going bullish, but the World Economy is still confusing. One day it shows positive signs, then the next day some bad news appears. This will influence the price of oil every time. Just look at Toyota's recalling of vehicles. This is a big blow for manufacturing. How much will it cost to fix the problem? Honda also has a manufacturing problem.

  10. Adam,

    You seem to be ignoring the monthly on this and suggesting that we follow the weekly and daily. Is there a reason?

    1. Hi Marvin,

      Adam is using our suggested method when interpreting the "Trade Triangles" for futures. In this approach, we look at the weekly "Trade Triangles" to determine trend (and therefore our position direction), and then we enter when the daily "Trade Triangles" are matching the weekly "Trade Triangles" and exit when they are not matching.

      Here is the methodology for futures.

      Futures

      Weekly Triangles determine trend and possible entry points.

      Daily Triangles determine timing: exits, entries and re-entries.

      The last triangle issued on the weekly chart should always be used to identify the overall trend. You can also use the weekly triangle as a potential entry point if you can get into the market within the last 3 trading days of the signal. Then you are to look at the daily triangles for possible exit and re-entry points, or entry points if your weekly is in a steady trend.

      Key Rule: Always trade with the trend. Make sure your weekly and daily triangles correspond in direction.

      You can learn more about the methodology for trading stocks, ETFs, mutual funds, forex, etc by visiting the link for our help section below.

      http://club.ino.com:80/trading/marketclub-help-section/flash-charts/trade-triangles/how-do-i-interpret-the-trade-triangles-when-would-i-enterexit/

      If you have any further questions please don't hesitate to contact our support team at 1-800-538-7424.

      Best,

      Lindsay Thompson
      Director of New Business Development
      INO.com & MarketClub

    1. Hey MD,

      In this particular situation, Adam is using our suggested "Trade Triangle" technique for futures. We use the weekly "Trade Triangles" to determine trend (position direction: i.e. long v short position). We then look to the daily "Trade Triangles" to determine if we are in a position, exiting out, or sitting on the side lines waiting for a dominate trend to return.

      Below is our suggested technique for futures:

      ---

      Futures

      Weekly Triangles determine trend and possible entry points.

      Daily Triangles determine timing: exits, entries and re-entries.

      The last triangle issued on the weekly chart should always be used to identify the overall trend. You can also use the weekly triangle as a potential entry point if you can get into the market within the last 3 trading days of the signal. Then you are to look at the daily triangles for possible exit and re-entry points, or entry points if your weekly is in a steady trend.

      Key Rule: Always trade with the trend. Make sure your weekly and daily triangles correspond in direction.

      ---

      The "Trade Triangle" methodology will changed depending on what you are trading. To see how you would use the "Trade Triangles" for stocks, ETFs, mutual funds, forex, and indices, please visit the link below.

      http://club.ino.com:80/trading/marketclub-help-section/flash-charts/trade-triangles/how-do-i-interpret-the-trade-triangles-when-would-i-enterexit/

      Thanks and don't hesitate to contact our Support Team if you have any further questions at

      su*****@in*.com











      , or by calling 1-800-528-7424.

      Best,

      Lindsay Thompson
      Director of New Business Development
      INO.com & MarketClub

  13. love the videos..if i join the club, how timely is the video or signals?..intraday? constant live data (like Minyanville)?..how do i receive no in a timely manner?

    1. Hi Jane,

      Hope your are having a wonderful Tuesday. Adam releases videos as market action creates notable areas for analysis. However the data/signals/technical analysis in MarketClub are dynamically updated throughout the trading day. At this very moment our stocks, futures, and ETF quotes are delayed 20 minutes (therefore our "Trade Triangle" signals are delayed 20 minutes as well), however our forex quotes are real time. Depending on your trading style, this delay may not make a difference for you. We are planning on reducing our quote delay in the near future. How this information will help you. I would definitely suggest that you take our Risk-Free 30 Day Trial to MarketClub to really practice our approach and see how our quotes/signals will fit into your trading plan.

      Here is a link to start the Risk-Free trial (I believe this will help you access two complimentary months added onto to your subscription after the first 30 days): http://club.ino.com/join/?bonus

      If you have any questions, comments, or suggestions please email our Support Team at

      su*****@in*.com











       or give them a call at 1-800-538-7424.

      Best,

      Lindsay Thompson
      Director of New Business Development
      INO.com & MarketClub

  14. I've been following these market technical comments for a while now, and am finding it very helpful - often points out something I had not yet noticed.
    Thank you for sharing your work - like the music intro too.

    1. Hi Lynn,

      Adam loves this music by the way. It's that kind of tune that just gets stuck in your head!

      Best,

      Lindsay Thompson
      Director of New Business Development
      INO.com & MarketClub

  16. What is Triangle technology?
    If not described then it is a black box system, in which case please un
    subscribe.
    Regards,
    Peter Valentine

    1. Hi Mr. Valentine,

      Below is a general description of our "Trade Triangles." If you have any questions please contact our Support Team at

      su*****@in*.com











      , or by calling 1-800-538-7424.

      The Trade Triangle signals are produced by a triggering of our proprietary algorithm.

      The RED and GREEN triangles signify changes in trend on a monthly, weekly and daily level. The triangles are produced for all 320,000 symbols we track.

      Once the triangles are produced, they are never removed and are able to be backtested according to
      your own unique trading style.

      MarketClub suggests a filtering approach when following the Trade Triangle signals. The filtering approach differs between security types and trading style.

      The Trade Triangle algorithm is comprised of weighted factors that include, but are not limited to: price change, percentage change, moving averages, and new highs/lows.

      GREEN triangles suggest positive trends.
      RED triangles suggest negative trends.

      The Trade Triangle algorithm is not intended to catch tops and bottoms, but instead identifies the majority of a swing trend. By allowing the trend to mature before a triangle is issued, we can trust that the trend is firm and consistent.

      Note: The triangles will always be produced regardless of trend strength. The triangles should be used when you have a significant trend strength. You can use the Trend Analysis Score or other technical analysis studies to ensure the trend strength is appropriate for trading. For example, if a market is in a sideways motion, the triangles will still be produced even though you may want to be on the sidelines for that particular market.

      Peter I hope this helps.

      Best,

      Lindsay Thompson
      Director of New Business Development
      INO.com & MarketClub

  17. Hi Adam,

    Comment about, "crude oil has an amazing cyclic quality".

    Nice to see someone else saw this. I have also called this the oil pulse.
    This is not the first time oil has done this. It happens every so often and a trader can make a bundle from it.

    Thanks for pointing out the weeks in between. I might have never noticed that for some time. Now that you showed me that, I see, also, you can count the weeks between the top points as well to work on swing trades.

    I usually use a series of trend lines on the tops and bottoms to determine the next move when it is cycling. (Or in my term, Pulsing.)

    Thanks again, Adam

  18. Hello Adam or associate, I do find your vidoes informative, late last year i watched some vids regarding long term investing in etf's one being USO I realize now it tracks ameircan oil values but they have been declining in relation to the futures which i assume CL tracks, my question is, why wouldn't you suggest an etf that tracks CL closer or isn't there one? I'm going to apply the principles you discussed in the CL videoto USO to see how they compare, just curious. Craig

    1. Craig,

      Thank you for your feedback.

      The ETF USO was designed to the best of my knowledge to track crude oil or CL.

      For the most part I think it has done a pretty good job.

      All the best,
      Adam

Comments are closed.