The talk of the day is crude oil

Whether it is the spill in the Gulf, which continues unabated, or talk on Capitol Hill, the subject is crude oil.

Today we received a signal by way of our weekly "Trade Triangle" to get long crude oil. In this new brief video, we show you the exact levels to keep your eye on and also where a logical stop would go for this position. We have had a lot of questions on Fibonacci retracements lately and this video goes into detail about that phenomenon and how you can best use it

As always our videos are free to watch and there are no registration requirements. All we ask is that comment on this market via our blog and let us know what you think.

All the best,

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

Crude oil breaks $70 a barrel, and we are short

The crude oil market broke through an important support zone and appears to be very much on the defensive. In this new short video on crude oil, I point out some of the levels that I still think are important in this market and illustrate just how important it is to use both stops and our "Trade Triangle" technology.

It is a short video and there is no charge or registration requirement in order to view.

If you have comments on this video, please visit our blog to share them with us.

All the best,

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

How low is low for crude oil?

I'm sure as a trader you've heard the expression, the "trend is your friend." That was never more true than today as crude oil (NYMEX_CL) crashed to new lows and the stock market resumed its downward trend.

Today we are focusing on crude oil and the reason why it fell to new lows. We're also going to be looking at all of the "Trade Triangle" signals that we have received on crude oil since last July. The video is about nine minutes long and I highly recommend watch it, simply because it shows you just how powerful trends can be.

The video also shows you why price action is more important than fundamentals. If you have a few minutes, please take the time to watch the video and learn how the markets really work.

Since Barack Obama was named President elect, we can see how the markets have reacted at least in the short-term. Maybe not a reflection of Obama's potential as a president, maybe a reality check for problems in the economy. Not even the record cut in interest rates by the UK could help the markets today.

Enjoy the video and please let us know if you've found it to be helpful and useful in your own trading plan. You can reach us online or you can call us directly at 1-800-538-7424 and someone from a support staff will be able to answer any questions you might have.

Every success in life and in trading,

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