Adam Hewison, president of INO.com and co-creator of MarketClub shows you how to analyze the Forex market in 90 seconds flat by using MarketClub's proprietary "Trade Triangle" technology.
When looking at the foreign exchange markets we use the weekly triangle to identify trend (also possible initial entry). We can see that the EURUSD has been in a positive weekly trend since early September. Therefore, we would only be taking long position.
We would use our daily triangles for timing. We use corresponding triangles as entry points and non-corresponding triangles as exit points. In about 1 month we turned this into a 427 pip profit.
The "Trade Triangle" technology helps traders enter markets after a steady trend has been established and only exit after the trend has come to a complete halt. This proprietary study can provide as a great tool in conjunction with other technical indicators of your choice. MarketClub also gives you access to multiple scans, historical data, news portfolio and more.
If you are a member consider this a quick refresh. If you're not a member, join today and learn how MarketClub and the "Trade Triangle" technology can help you profit in the FOREX markets.
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For more videos and lessons visit http://club.ino.com/trading/?vidmar
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