Chart to Watch - Coffee

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 Coffee. (NYBOT_KC.Z13.E).

I hope you are having a GREAT week !!!

This week let's take a look at the December Coffee futures chart.

We use the weekly MarketClub Trade Triangle to tell the trend when trading futures and the daily MarketClub Trade Triangle to time the trade.

December Coffee is on a weekly green MarketClub Trade Triangle and a daily red MarketClub Trade Triangle which is just exactly the way we want the Triangles to line up for a buy setup. Continue reading "Chart to Watch - Coffee"

Chart to Watch - Cocoa

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 Cocoa. (NYBOT_CC.U13.E).

I hope you are having a GREAT week !!!

This week let's take a look at the Cocoa futures chart.

With futures we use the weekly to tell the trend and the daily for timing the trade.

Right now Cocoa is on a monthly, weekly, and daily MarketClub green Trade Triangle. Having the monthly on a MarketClub green Trade Triangle is not necessary to take the trade, and it is bullish having the monthly Trade Triangle pointing up. Continue reading "Chart to Watch - Cocoa"

Chart to Watch - LSI Corporation

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 the LSI Corporation. (NASDAQ_LSI).

I hope you are having a GREAT week !!!

This week let's take a look at how the LSI stock chart looks with the MarketClub Trade Triangles.

With stocks we use the monthly MarketClub Trade Triangle to tell the trend and the weekly MarketClub Trade Triangle for timing.

LSI is on a monthly green Trade Triangle which means the trend is up. Continue reading "Chart to Watch - LSI Corporation"

Today's Video Update: Fibonacci Had It Right!

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 28th of June.

Fibonacci Had It Right!
The recent recovery from the lows seen in the DOW at 14,548 retraced exactly to the Fibonacci points that I laid out in Wednesday's video. For the DOW that number was 15,041, the S&P retracement came in at 1,618 and the NASDAQ came in at 3,414. Continue reading "Today's Video Update: Fibonacci Had It Right!"