A billion dollar bet that paid off

Recently, Australia's central bank cut interest rates to a record low, seeking to be more competitive in the global economy.

The Reserve Bank of Australia, or RBA, lowered the benchmark cash-rate target to 2.75%, expressing concern that the Australian dollar remains close to 30-year highs. According to the Economist Index, the Australian Dollar is 12% overvalued and is crippling the nation's manufacturers and exporters.

In this short video, I'm going to share with you the rumored trades that Geroge Soros made on the AUD. It is believed that he pocketed $60 million on these trades in just 36 hours. I will show you using our Trade Triangle technology just how you would've beat George to the punch.

Give MarketClub a try for 30 days for only $8.95

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

Chart to Watch - GBPUSD

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the GBPUSD Forex Pair (GBPUSD).

Today let's take a look at the GBPUSD, which is possibly setting up a good opportunity to go long.

The GBPUSD is probably making a Head and Shoulders bottom and if it breaks out above the Neckline that would be a very bullish sign that this pair is heading higher.

With Forex MarketClub uses the weekly Trade Triangle for trend direction and MarketClub uses the daily Trade Triangle for timing, so if the GBPUSD puts in a green daily Trade Triangle, we could consider going long.

The MACD is rising and if the GBPUSD continues higher, the MACD will move through the zero line. Continue reading "Chart to Watch - GBPUSD"

Today's MarketClub TV: SOTU Over and Now Currency Wars

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 13th of February.

A WORLD OF OPPORTUNITY IN FOREIGN EXCHANGE
In today's show we will be focusing on the global currency markets. We will also be covering our regular markets, as well as answering any of your questions.

The world of foreign exchange trading is unique animal. Unlike a security, which may trade on one or two exchanges, foreign exchange or Forex as it is generally know by, is traded around the world. Today, we will be sharing with you all of the different choices you have to trade in this worldwide market.

You may have recently heard the terms "currency wars" and "race to the bottom" on the financial news. In today's show, we will explain these two terms and what they mean to you and your pocketbook. Continue reading "Today's MarketClub TV: SOTU Over and Now Currency Wars"

How Coaching Solves Real Traders' Problems

Earlier this week we got a great response from our members to Bill Poulos' Guest Blog post on his "Free Trade Strategy". So well, that he got a number of emails asking some pretty heavy questions regarding coaching after they attended his webinar. He emailed me and asked if he could answer some questions and teach a bit more and here he is. As always, comment below and check out the replay of his webinar right here.

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Hi everybody, this is Bill Poulos and I want to thank you for reading last week’s entry on my Free Trade Strategy and it’s importance in eliminating risk in any trade, especially in the forex markets.

Today, I’m going to talk about three things: two problems most traders face in trading (and access to simple fixes for these problems) and the new era of coaching in the trading education market. Continue reading "How Coaching Solves Real Traders' Problems"

FOREX: How we analyze the Dollar Index (new video)

Is the Dollar Index in trouble?

According to the dollar index (DX), which is a basket of currencies that track the dollar, it would appear as though the dollar is indeed going to be coming under more pressure. The dollar index is much like an index for stocks except in this case it is for currencies.

The U.S. Dollar Index consists of six foreign currencies: 1. Euro (EUR) 2. Yen (JPY) 3. Cable (GBP) 4. Loonie (CAD) 5. Krona (SEK) 6. Franc (CHF)

In my new short video on the dollar index, I will show you some previous successes that MarketClub has had. I will also cover an important signal we have just received, that in my opinion, will lead to further downside weakness in this index.

As always, the videos are free to watch and there's no need to register. I would love to get your feedback about this video and your own predictions about this market on our blog.

All the best,

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