Crude oil recently fell through an upward trendline, corroborated by the MACD. A quick Fibonacci study shows where this market may be heading in the near term. This 4-minute video will provide details and show how easy it is to use these technical indicators within MarketClub. Did you know?… You can use MarketClub to establish direction and timing in the crude oil market but then trade options or option spreads instead of the futures contract. The initial margin on a crude oil futures contract is expensive (over $7,000 as of Sep 28) whereas an option spread can be established for $500. Its revolutionary Trade Triangle technology generates clear buy and sell signals for practically any market. MarketClub has over 30,000 members. Upon viewing the video, you’ll have access to historical videos and detailed product information and will be able to take a 30-day risk free trial of MarketClub.

Gold trading can be as profitable as forex trading. Technical analysis is almost the same and if you have been trading forex than you should know that gold trading will not be much difficult for you. If you have been following the gold market than you must know that gold recently broke the historical barrier of $1000 per ounce. Gold market has been in a secular uptrend for the last few years. This video is very informative. Read what Norman Hallett from The Disciplined Trader Intensive Program says: “Most of my subscribers are aware that I trade many markets, but my first love is the futures markets. It’s where I got my start and made my reputation…not only with the ability to stay cool and calm and take advantage of volatility (the reason I’ve made training other traders how to be disiplined), but in my market views.

I’ve learned to look at “related markets” when considering a specific market play. In the case of Gold, I look at the CRB Index,and the US Dollar.  Right now, both are in supportive positions for gold, which is what I want to see for getting into a long position in gold. Adam Hewison, just sent me a video analysis of gold where he sees gold as “decoupling” and acting on its own. I think it still has the support of “related markets”, not to say it doesn’t look good, because it does! See what you think.”

 

Watch the MarketClub Gold Trading Video!