Two Markets That We Must Look At Closely This Weekend

Here are the two markets I am looking at:

1.Spot Gold - SYMBOL XAUUSDO  If spot gold closes over $989.85 it will be a new high close for the year on a weekly basis. I would take this as a very bullish sign for next week. (CONFIRMED)

2. Dollar Index - SYMBOL DX  The same goes for the dollar index. A close today (Friday) below 78.04 should be viewed as very negative for the US dollar.

Both markets are headed in opposite directions and both have very powerful chart formations. Look for gold to move higher, and the dollar index to move lower.

When most traders return next week from their summer hiatus and start viewing the markets more seriously, I expect these moves will begin to accelerate.

Enjoy this last hurrah of summer.

All the best,
Adam Hewison

Dollar vs Yen Cross Rate (new video)

Today's short video is a follow-up to the video that I published on July 10th for this particular cross rate. MarketClub's "Trade Triangle" technology alerted our members of a sell signal today (7/21) and I wanted to share it with you. The video is short, to the point and shows what I expect will happen to the dollar vis-a-vis the yen in the next several weeks.

You can watch this video with our compliments and there is no registration requirements. We would love to get your feedback about this video on our blog.

All the best,

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

Q2 results for MarketClub's "Trade Triangle" Technology

As we are in the middle of earnings season for most stocks, I thought it appropriate that we report our own results for Q2 of 2009.

We have been tracking the profits and losses of MarketClub's "Trade Triangle" technology for the past 8 quarters for corn, wheat, soybeans, crude oil, gold and the dollar index.

We started this hypothetical portfolio with $50,000, which is approximately twice the margin required to trade the above markets. The reason behind that is that we de-leverage every futures markets and this allowed us to continue to take signals with little or no pressure. The other key for our success is that we are diversified into six markets. Some may argue that the grain markets do not provide true diversification, but I would not argue with that point.

See Q2 results on next page.

Continue reading "Q2 results for MarketClub's "Trade Triangle" Technology"

Today, I'm looking at the Euro versus the US dollar. (new video)

Today I'll be looking at the Euro versus the US dollar.

The big question is, are all the "Trade Triangles" lined up for this trade? The answer is yes, and then some. In my new video I step you through a detailed analysis of this market.

You will see how I measure moves and how this particular move could be a really good one. I will also share with you how MarketClub's charts can help you determine price swings in the market.

You can watch this video with my compliments and there is no registration requirements. I would love to get your feedback about this video on our blog.

All the best,

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

A new video update on the Dollar Index

While the US dollar was supposed to lose ground against its counter parties, the market has remained surprisingly stubborn and trapped in a sideways trading range.

In today's video I will explore what's going on, and where I think this market is headed in the future.

You can watch this video with my compliments and there is no registration requirements. I would love to get your feedback about this video on our blog.

All the best,

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