Month: March 2016

A couple weeks ago, we talked about how you can use the U.S. economy to pinpoint your next perfect trade.

And one of the most accurate ways to monitor the overall state of the economy is the Conference Board Consumer Confidence Index, which is designed to measure the degree of optimism consumers have about the economy.

Yesterday, the Conference Board released surprising results… showing that consumer confidence improved in March, reaching a much higher level than what economists predicted last month.

Even better…

Stock prices have rebounded since the lows we saw in mid-February, reflecting the higher confidence levels in the markets.

Today, I’m going to show you how you can use that investor confidence to set up your best money-doublers.

And by the time you finish reading, you’ll have the tools you need to tell which direction a stock is going and if the price is considered high or low.

Let’s get started.

To continue reading click here…

On Tuesday, I introduced you to Munehisa Homma.

But he was much more than the “father of the candlestick chart.”

Not only is Homma credited as being the inventor of technical analysis itself… he’s also considered to be the “God of the markets” (of his time).

And legend has it that he became a rice futures trading mogul – making today’s equivalent of $10 billion.

As a rules-based trader, though, his record is what fascinates me the most…

Homma was so good at identifying profit opportunities using his price patterns that he is said to have landed 100 winning trades in a row.

In fact, he was so respected that he was appointed as an important financial advisor to the Japanese government.

Now I mentioned previously that he developed multiple candlestick patterns.

But today, we’re going to focus on the only eight you’ll need…

Let’s get started.

To continue reading click here…

No matter what technical tools we have at our disposal, certain events can happen – global or domestic – that we just have no way of predicting.

While these “prediction indicators” (like the relative strength index and the moving average convergence divergence) can warn us of trends that are forming and reversing, they can’t tell us how the markets are reacting right now.

Instead, what we need is a reliable technique that will tell us how the markets are reacting to any event … in real time.

Luckily… I’ve got it… and it happens to be one of my favorites.

You’ve seen me use it many times, including in one of our discussions last week.

And it’s over 300 years old…

To continue reading click here…