What Is Marketclub?
Marketclub is a subscription service that gives you daily, weekly and monthly trading signals for more than 320,000 different markets, including stocks, forex pairs, commodities, options, futures and ETFs.
In addition, they also offer live charts for all of these markets, as well as a smart scan feature that enables you to search for possible trading opportunities using a number of different technical patterns and other criteria.
Therefore it is ideal for short, medium and long-term traders and investors.
If you would like to find out more about this signal service and test it out for yourself, you can currently take advantage of a free 2-week trial to Marketclub, but in this article I want to provide you with a detailed review of Marketclub, and discuss a few tips and strategies that will potentially help you make money from these signals.
Marketclub’s Trade Triangle Technology
Marketclub provides you with daily, weekly and monthly signals for every single market, and these signals are referred to as trade triangles.
These trade triangles appear on the price charts and are generated automatically in real-time using their own proprietary algorithm.
They will either be red or green at any given time, with a green triangle indicating a positive bullish trend and a red triangle indicating a negative bearish trend.
So if you were to look at the chart of a particular instrument and see red triangles on the daily, weekly and monthly time frames, this would indicate a strong bearish trend, and vice versa if they were all green at the same time.
How To Make Money Using These Trade Triangles
If you are looking to make money from these automated trading signals, there are a number of different strategies you can employ in order to generate some decent returns.
One of the methods put forward by Marketclub is to enter a long position when a new buy signal, ie a green trade triangle is generated on the weekly time frame and exit this position on the next sell signal on the daily time frame.
Similarly you should open a short position as soon as a weekly sell signal is generated and close this position on the next buy signal on the daily time frame.
This strategy works well for forex pairs and commodities, for example, but you can also do the same with the monthly and weekly signals if you are more of a medium-long-term trader who likes to trade stocks or options, for instance.
An alternative strategy is to look for symbols that have corresponding green signals on both the weekly and monthly time frames (but not the daily time frame), and then go long when you get a buy signal on the daily time frame as well.
You could also enter and exit positions based purely on the monthly or weekly signals, for example, if the right opportunity presents itself, such as a price breakout, for example.
The point is that there are many different strategies you can use regardless of which instruments you prefer to trade, and if you are a fan of technical analysis, you will find that you can stack the odds even more in your favour.
That’s because technical indicators are generally used to find high probability trading opportunities, and so if you were to get a corresponding signal from Marketclub at the same time, there is every chance that you will make a profit from one of these set-ups.
So the best thing to do is to take a 2-week free trial or subscribe to Marketclub, and test out various different strategies until you find a strategy that works for you.
Using Marketclub As A Long Term Investor
If you more of an investor than a trader, you can still benefit from Marketclub’s signals because they will show you the latest signals for your stock portfolio, which in turn will help you determine the best time to sell these stocks (or the best time to add a few more to your portfolio).
Plus of course they will alert you to some good trading opportunities for lots of stocks that you don’t already hold in your portfolio if you use the smart scan feature.
So you should find that this really is an invaluable service regardless of whether you are a trader or investor.
Membership Options
If you would like to sign up to Marketclub, they currently offer three membership options:
- $59 per month
- $150 per quarter
- $449 per year (best value)
However as I have already mentioned, you can also take a free trial for 2 weeks (with no obligation) if you would like to test it out before you commit yourself to a full membership.
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