How Japanese candlestick charts can help you in the gold market
I have just finished a short video on the spot gold market using Japanese candlestick charts. In this new video I show you some important elements that you would not necessarily see using traditional Western charts.
I invite you to take a look at this new video with no registration and no charge.
Whether you agree, disagree, or just want to comment on this video, please do so below.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
Hi Sir/Madam,
I am interested to join the market club that gives the daily, weekly and monthly trade triangles signal. Please advise if you could allow 1 or 2 weeks free trial first before I actually sign up. Thanks
Best regards,
Winstorn
Hi Winstorn,
Thank you for your interest in MarketClub. I have passed your information along to our member services team who will be able to contact you today regarding a trial to our premium charting and trade advisory service.
Please feel free to give us a call if you need assistance before then at 1-800-538-7424 (or 410-867-2100) or email us at
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Thanks,
Susan Jackson
Director of External Marketing
INO.com and MarketClub
Nice video, Adam!
I use the same triangle target analysis as well...works like a charm. The important thing to remember is to stay conservative with the triangle's estimated target, which you mentioned.
Gold looks poised to head higher still!
Cheers!
Frank
Japanese candlesticks, a great aid to trading thanks to the Japanese and of course Steve Nison. They have added to my Japanese vocabulary from sayanora pet to harami hinny. 🙂
Anyway Adam what about the huge cup and handle formed from the high on 3rd December 2009. Looks like a fall to the support level of 1165 and then a surge to new highs is on the cards. If the monetisation of gold has permeated the psyche of instituitional investors that's the way I see it going, depite being a deflationista. There again I'm biased towards honest -and real - money as opposed to funny money.
Readers may be interested in John Exeter's inverse pyramid.
http://www.runtogold.com/images/Exeter-Pyramid.pdf
Well... after all said and done no need to think to deeply, just sit back and let the trade triangles do the talking.
All the best.
Adam, I really appreciate your frequent video updates in this volatile market.
You help me avoid the emotions and stay with my trading plan.
This article has no useful information on Japanese candlestick charts. It basically states to use a line chart to find the closing price shoulder top of the market. So Mr Hewison why do you waste our time with this nonsense? Or do you enjoy misleading us?
Peter,
Thank you for your feedback.
I'm sorry that you did not find the information useful or helpful many people have.
All the best,
Adam