Tag: MACD

Chart to Watch - Copper

Posted on by The INO.com Team

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of December Copper (HG.Z12.E).

I hope you are having a GREAT week !

This week we will take a look at December Copper, as it looks to definitely be a Chart to Watch right now!

The monthly MarketClub Trade Triangle is green which means the monthly time frame is bullish.

Copper looks to be forming a Head and Shoulders base, and if it breaks out to the upside MarketClub will put in a green Trade Triangle on the weekly time frame. Continue reading "Chart to Watch - Copper" →

Some Thoughts On Oil And My Favorite Indicator: MACD

Posted on by The INO.com Team

Today we’ve asked Tony Edwards to share his favorite indicator with our readers. Tony Edwards has been an active independent trader for nearly 20 years. He trades an extremely wide range of instruments with a special focus on YM, ES, 6E, CL and GC. He offers traders daily, unique support and resistance levels (“TraderSmarts Numbers”) as well as Live Trade Alerts via www.tradersmarts.net.

Today I thought I would talk about my favorite indicator, the MACD.

I could start by telling you what the MACD is (stands for Moving Average Convergence Divergence and plots 2 lines and a histogram. The MACD line, or the fast line, is the 12 day EMA - the 26 day EMA, the signal line, or slow line, is the 9 day EMA of the MACD line, and the MACD Histogram is the MACD line - the signal line) or who invented it (Gerald Appel in the late 1970's) but instead I am going to tell you how I use and interpret it. Continue reading "Some Thoughts On Oil And My Favorite Indicator: MACD" →

Trader's Whiteboard: Lesson 3

Posted on by The INO.com Team

As you learned in the first Whiteboard lesson, the market will go up, down, or sideways. It’s possible to profit in any trend, but only if you know how.

Join Adam as he shows you how to pick out a trend, trade that trend, and what indicators can help you along the way.

There is no need to register to watch this lesson or this series and please feel free to share with friends and fellow traders.

Enjoy!

The MarketClub Team

Baseline for Active Investing

Posted on by The INO.com Team

Today's author is Jackie Ann Patterson, the editor of BackTesting Report. Previously Jackie Ann showed us how to pick up on a potential trend change as well as how to recognize a mature trend using the MACD indicator. Today she has returned to the Trader's Blog to share a method for testing your trading strategy.

----------------------------------------------------------------------------------------------------------------------------------------------------
One of the ways that traders use to determine the success of a potential strategy is to use a baseline. A baseline is a benchmark or a standard for comparison. For example, some investors will use the gain/loss of the S&P 500 as a baseline of market performance. That may be useful for investing long-term in large-caps, but less applicable to active investing and shorter-term trading. This article shows you a different method of forming baselines and the win rate results for two types of stock market participants. Continue reading "Baseline for Active Investing" →

A Simple Strategy for Day Trading

Posted on by The INO.com Team

Today I'd like to welcome Markus Heitkoetter from Rockwelltrading.com. Markus' article below dives into what most traders just don't get. Enjoy the article, comment below, and visit Rockwelltrading.com to see what Markus's next webinar event is.

==================================================================

With dozens of indicators, hundreds of chart patterns, and thousands of combination's between the two, it’s no wonder that many traders struggle to find and enter trades with confidence. “Analysis paralysis” is a common problem for many traders, and it can even keep experienced traders from taking good trades. It’s easy to plot a dozen indicators on your chart, but what are they really telling you? Are you able to make split second decisions when there is an opportunity in the market? If not, it’s probably time to simplify your trading.

One of the easiest ways I’ve found to keep things simple, and avoid being a victim of "analysis paralysis", is to use a strategy that I call, "The Simple Strategy".

Continue reading "A Simple Strategy for Day Trading" →