Here is a market that we like a lot more than the US market. We really like the way its acting and it looks set to take out the highs that were seen in December of 2009. If that is the case, then we could see this market make all-time highs pretty quickly. You definitely want to have this one on your radar screen.
In this new short video, I show you what I'm looking at and how we showcased this market last week when we did our last webinar. This webinar is set to be rebroadcast on Friday, September 24th at 5pm EST/9pm GMT.
This market is still looking good and looking strong. Pay very close to it this Friday because if it closes well, it should bode well for the following week.
As always our videos are free to watch and there is no need for registration. All we ask is that you make a comment on our blog about the market and if you agree or disagree with our analysis.
All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub
Big help, big help. And supaerltive news of course.
Hello Robert and Ken,
I would like to suggest that you Google "#1 online discount stockbrokers" and/or go to http://www.tradewiser.com where they compare the top stock brokers and you can compare them head to head (they also list the top picks by Barron's, SmartMoney, and Kiplinger magazines). What it really comes down to is what your needs are, what markets you want to trade, what's important to you (commissions/fees, customer service, trade platform, user friendliness, research tools etc...). So, I recommend that you do your own thorough research. One broker may be great for one type of person and another may be great for someone else. It really just depends and there is no right pick or answer. However, there are "overall top brokers" and I recommend that you stay within perhaps a top 10 or top 20 broker on these lists. Anyway, try the comparison tool at http://www.tradewiser.com - I think it'll really help you. I hope this note helps you both. Good luck!
Really like the analysis...
I use and like TD Ameritrade, though as usual YMMV. I bought some EWZ fri, we'll see how that pans out. Looking good this AM except for a couple shorts I may have been ill advised to enter, plan to close them but watch for the right time to reopen. They almost canceled otherwise huge gains elsewhere on Fri. Game on, today should be interesting.
Thank you Adam.
Thank you Adam.
EWZ was on my watch list, but it's good to get your take on it.
I wouuld also like to know the most comprehensive, reliable and cost effective on line e-trade service available to me please. New to the game but willing to work and learn, Ken K.
If you intend to include futures and forex into your trading, you should check out OEC (Open E Cry), TOS (Think or Swim) and IB (Interactive Brokers). IB has the best package in my opinion, although minimum requirement to open an account is 10k. However, you can save great deal on broker fees since turnaround for 200 shares is only $2.00 compare to $10.00 at TOS and $14.00 for OEC. In addition, with IB you can trade 20 different markets worldwide in native currencies, 24 hrs a day, Sunday to Friday. With short term trading, you can incorporate various software with IB such as Sierra Charts, Ensign, E Signal, Multicharts and other cool programs.
My advise to you to start slow and for a time being, avoid Futures, Options and Leveraged ETFs. Don't forget that SEC requires to have 25k in your account to be able to day trade. (more than 3 turn around trades a week). If that is a problem, than you should look at forex and futures. (No 25k SEC requirement). Do not trade more than 1-2 contracts and stay away from futures and Forex during rich news days and other cataclysmic announcements from our beloved politicians, Fed and ECB officials.
Lastly, you should register for Elite Trader board, where you will find various discussions on trading strategies, live trades posted real time in journals and other educational material.
Good luck!
Robert... Are you looking for an educational site with some trade alerts, etc.? If so, I offer such information free of charge. If you're looking for a trading service (discount brokerage), you'll have to shop around... but TD Ameritrade is solid.
I trust this helps... feel free to look me up and send me an email I can assist you in any way.
Adam -- Interesting video... would you mind explaining what the basis for the ratio you use is (the low to high; then breakout of triangle to the new high of 110?
Thanks,
DS
Whats the best on line e-trade service anyone can recommend for a new trader(me) I am learning short term trading, your feed back would be GREAT!! Robert S