3 Smart Indicators To Trade Crude Oil With Synergism

Now that we have "Silly Season" behind us, it's time to get serious about trading

In today's video we are looking at crude oil. This market has been a disappointment to a lot of traders as has remained in a broad trading range for the past 18 months.

The current trading range will eventually be broken and the market will move in the direction of the breakout. While our long-term indicator, the monthly "Trade Triangle" continues to be positive, short-term "Trade Triangles" are indicating weakness. With a score of -60 for February crude oil, we expect that this market will be range bound in the short term.

One of the indicators we discussed in an earlier video is in an oversold condition, indicating a potential rally from current levels could be at hand. That being said we would wait for some other combination of indicators to confirm that a move is underway. Continue reading "3 Smart Indicators To Trade Crude Oil With Synergism"

Adam's 5 Big Market Predictions for 2011

It's that time of year again when everyone who is considered an "expert" comes out of their ivory towers and makes their annual market predictions for the New Year.

It's time to kiss those predictions goodbye.

I can honestly say that I wish I had a crystal ball like these other forecasters, but that's not quite how the markets work. You see, markets don't give a "Rats A**" about what forecasters say or what predictions economists make. The market is the only true voice out there.

Think about that for a moment. How many predictions do you remember that were even close to being spot on a year in advance? I remember several forecasts for 2010 and most of them were far from accurate.

Does it make any sense to trade on a year-end forecast, not knowing what can happen in this crazy world we live in? It doesn't make any sense to me or to other professional traders who never trade based on year-end predictions.

So let's get back to reality and take a look back on 2010 to see what the big trends are showing for 2011.

Continue reading "Adam's 5 Big Market Predictions for 2011"

What's ahead for crude oil?

There's no question about it, 2010 has been pretty difficult for most traders in the crude oil market. This year has produced no discernible, lasting trends in this market. The trends it has produced have lasted little more than just 3 or 4 weeks at best.

So what's ahead for this market?

In today's short video we examine the fact that crude oil briefly traded over $90 a barrel before falling back. So what made the crude oil market reverse course and fall back? Was it selling, was it profit taking, a technical point, or something else? Continue reading "What's ahead for crude oil?"

No leaks in this crude oil market

The massive move-up in crude oil on Monday created a new dynamic for this in-the-news market. The move to two-month highs completed one of our favorite major technical formations.

In this short video, I share with you two conflicting indicators and which one I am choosing to go with. I think you'll find this video technically interesting as well as educational.

Please feel free to comment on our blog with your thoughts on this market.

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

All the best,
Adam Hewison

President of INO.com
Co-founder of MarketClub

What's going on in crude oil?

We've had a number of requests to do a video on crude oil, so here it is. This market has been largely trapped in a broad trading range with support coming in around $70/barrel and resistance around $80-85/barrel. In this new video, I show you some of the other factors that could tip this market one way or the other.

As always our videos are free to watch and there is no need to register. I hope you enjoy the video and please leave your comments on our blog.

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