Financial Investing Radio

FIR 24: OIL That's NOT Slippery!!!

Informações:

Sinopsis

I've been watching the recent rise in oil futures and thought we should take a look at how the Market Engine and the Market Effectiveness Chart provides signals. Let's take a look at the two charts that I've put on financialinvestingradio.com. Go down to the Podcast Charts & Video section and open the charts for FIR #24. On each of the charts I have placed corresponding numbers that are mapped to gear shifts. Now, let's take a look at each one of them. GEAR SHIFT 1: Remember, these gear shifts occur on the Market Effectiveness Chart; but they don't represent a trade entry. A gear shift on this chart is when the red line on the Correlation study spikes down and hits the 0 line or lower. Which is where I have placed the numbers on the Market Effectiveness Chart. We look for trade entries based on the bias of the Market Effectiveness Chart and trend line breaks on the Trading Chart. Before we look at the Trading Chart, look at one more thing on the Market Effectiveness Chart...what is the bias of the Market