Adam Hewison made a new video on Crude Oil, discussing cycles today, that fits nicely into the strategy I talked about in my article, “Crude Oil Price Forecast, and the US Dollar Rally.” It shows how the Marketclub Trade Triangles can be used to trade crude oil profitably.
Here’s what Adam had to say:
It’s the first [...]
In the power-trader newsletter, we’ve been talking about the move lower in crude oil, and the correlation with the uptick in the U.S. Dollar. Today, crude oil broke below a very important trend line / rising channel, indicating further weakness in the commodity.
Let’s start with the US Dollar, Symbol NYBOT_DX.
There is clearly an underlying effect [...]
I like being direct. Today’s 5% move which should be a sign of market strength is nothing but a typical bear market counter trend rally; at least it is for now.
S&P 500 (SPX) Forecast
The S&P hasn’t put in back to back gains since February 8th, and hasn’t seen back to back up weeks since [...]
Trade stocks and futures with the worlds financial markets in turmoil is stressful enough to make the most experienced traders head for the sidelines. That would be too bad for them, because they’d be losing out on a truck load of cash
As with all types of trading, having a well constructed, battle tested, and systematic [...]
