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"Eric, this energy bull market call has truly been an extraordinary call on your part over the years.  Even the unthinkable lofty targets you put out there early on."

E.R. - 4/24/08
"Thank you for your excellent service during all these years...outstanding monthly INSIIDE Track..."
H. H. - 02/25/08
"As a subscriber for well over a decade, please accept my heartfelt thanks for what can only be described as a financial roadmap.  What a fantastic service."
Pete S.. - 02/22/08

[Re: Stock Index & Gold analysis]: "Bravo!  Super cycle and price analysis.  Accurate analysis on either plane is difficult, on both planes Herculean.  You've correctly analyzed both planes - price and cycles.  Kudos!...keep up the outstanding work."

L. I. F. - 01/17/08

 "...fascinating and accurate methodology re/ reading the markets.  You have made me a believer in 'cycles'."

Al K. - 01/09/08
"Your analysis process and methodology are providing amazing results."
Don R. - 12/01/07
"I just returned from three weeks in southern Africa -- South Africa, Zimbabwe, Botswana, Zambia, Swaziland -- entirely paid for by your successful recommendations re: Cotton, Dec W Put options, etc.
Thank you!
John L. -- 11/02/07
"...I would like to express again my appreciation for the immense amount of research you present in your publications..."
George M. - 9/07/07
"Great job...Your long term views have been outstanding!!!"
Steve M. - 8/16/07
"...excellent subscription and excellent service."
Gavin H. - 8/07/07
"You are head and shoulders above other investment services...especially specific about TIME and PRICE in the market..."
George B. 8/03/07
"OUTSTANDING!...you take socionomics to a whole new level..."
Harlan P. - 4/19/07

"...The 'Grand' Illusion is one of your best pieces of work to date...A real tour de force...I've been a subscriber now since just before you forecast and pinpointed the top in the stock indices in 2000. Then you caught the bottom in 2002. Your command of the big picture is unrivaled..."

Joe C. -- 11/17/06
"...Beautiful work Eric. Outstanding! Nice calls in the stock indices and the metals."
Steve E. -- 05/17/06
"...we are coming into your initial downside target for natural gas...just like to say how invaluable your newsletters are...would not be without them."
N. H. -- 05/15/06
"I appreciate excellence. You're a true master in the field of analysis."
Robert L. -- 04/11/06
"I am constantly amazed by your accuracy and your wealth of knowledge...Your call on Gold and Silver has been equally amazing."
Ed S. - 4/07/06
"...Thank you for your excellent work. Your short term accuracy within the context of the long term destiny is truly compelling."
Ted W. -- 5/22/05
"...Just want to recognize you for an incredible call to the day. Thank you so much for your ongoing dedication and seamlessly tireless service."
L. R. S. -- 4/12/05
"...Your analysis of the markets is as precise as I have seen anywhere.... Your Tech Tip Reference Library is very comprehensive, and much more precise in recognizing patterns, reversals, etc., than most newsletters and market advisers."
Jim W. -- 4/4/05
"...Your rally call for the Stock market low in October 2004 was excellent."
Ed T. -- 3/24/05
 
"I was reading an old Futures Magazine from March 2000 and could hardly believe the accuracy of your predictions."
S. B. -- 9/11/03
"You have been the only person I follow that forecast this [stock market] rally from Oct. 2002."
Val B. -- 9/08/03
 
Commodity futures trading involves substantial risk. Past performance is no guarantee of future results. By reading the pages on this web site, you acknowledge, understand and agree to these disclaimers.
 

Site Last Updated April 26, 2008  
 

INSIIDE Track Trading is a specialized market-timing & trading advisory service for Stock Indices (DJIA, S+P 500, Nasdaq 100), Gold, Silver & Copper (precious metals), Treasury Bonds, Notes & Eurodollars (interest rates), Currencies (US Dollar, Euro Currency Unit, Japanese Yen…), Crude Oil, Soybeans, Corn & Wheat and various other commodities. 23-year market veteran Eric S. Hadik integrates innovative cycle work (Gann, Fibonacci, Biblical & natural cycles) with proprietary technical indicators, axioms & trading principles to give a unique perspective on the markets, interest rates, inflation, war & peace cycles, the global political structure & periodicity of natural events (e.g. earthquakes, volcanoes, drought & floods, etc.)

Eric Hadik'sTech Tip Reference Library


"After having traded bonds and currencies for some of the larger investment bank on Wall Street since 1983... I know I could not replicate the degree of sophistication you bring to your technical analysis... Your Tech Tips have taught me an amazing amount... I do my own research, and yours is the only newsletter to which I subscribe..."

(Name withheld by request)--Carmel CA


Eric S. Hadik's Tech Tips Reference Library is a compilation of all the technical indicators Eric has revealed to his readers over the past decade.  Eric does not claim to have reinvented the wheel with these indicators...but to simply make it work better.  His Tech Tips are a combination of filters added to other indicators, both well-known and obscure, as well as some of his own innovations.

Many over-used and highly diluted indicators (i.e. key reversal, moving average, etc.) are revitalized by the addition of a simple filter or two.  The result is a group of unique, effective and consistent indicators that have been featured in various trading publications and acclaimed by top money managers and traders.


"You have enhanced the quality of my technical analysis one hundred fold through your Tech Tips.  Your openness, generosity, and love of the markets come through clearly in your writing.  Your help is immensely appreciated.."

(Professional Trader)


A Trading Perspective from Eric S. Hadik…

The key to successful trading lies not in specific indicators, but rather in when, how, and where they are used. Indicators are nothing more than tools... and no single tool will accomplish every task you encounter.

You have probably encountered many approaches to trading and a plethora of indicators. Most innovations are nothing more than a twist on an old indicator. Many old indicators are also nothing new -- just a different way to describe a ubiquitous principle. This is why a master like W.D. Gann frequently quoted Solomon from almost 3,000 years prior: "There is nothing new under the sun."

True discovery usually lies in re-discovery. Many revolutionary discoveries are made by simply ‘tweek’-ing an old invention, or approaching a problem from a different angle. There is still a great deal to be learned from some of the oldest and best-known technical price patterns... like the key-reversal.

Key Point - The basic key reversal pattern.

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Some readers may be convinced that a key-reversal is an over-rated and unreliable price pattern. In its original state, and by itself, this may be true. More likely, however, is that traders expect too much from this signal, have no means of filtering it, and do not understand when its application is complete.

This is what is explained in the following 3 examples of my Tech Tips. This is just one of nearly two dozen examples of how useless indicators have received a breath of new life into them or how 19 years of trading and research spurred the development of new tools. But back to the example of key reversals…

A key-reversal is any price tick which contains a new high (above the previous tick’s high) and lower close... or a new low and higher close (see illustration) [NOTE: For the purpose of the remaining discussion, a down-ward daily reversal from a prevailing uptrend -- a new daily high and lower close -- will be assumed in all examples. The principles discussed apply to all reversals, and all time frames, whether up or down.]

A key reversal is not intended to signal a major turning point. It only indicates that short-term momentum has changed. If it is not quickly confirmed, a key reversal becomes powerless!A key-reversal does reveal some important considerations. The fact that the prevailing trend initially followed through from the previous period (causing the new high or low), but then was able to reverse and close in the opposite direction -- says something significant about the prevailing sentiment.

The question is how long will this new sentiment dominate? This question begins to address the biggest problem that most traders have with indicators... overrating their effectiveness and applicability. The secret to consistent profits lies in knowing when to use (or when not to use) an indicator -- and forhow long

Based on 19 years of experience and observation, it has become obvious that most reversal patterns are only applicable for the next 1-3 periods.

If the pattern in question is a daily key reversal, it should have an impact for the ensuing 1-3 days... and no more. If the pattern is a weekly key reversal, it is applicable for the following 1-3 weeks... and no more.

This does not mean that the new trend (spurred by the key reversal) will terminate after three periods. Nor does it mean that a key reversal can not occur at a major top or bottom. What it does mean is that a secondary indicator must confirm by the end of that period -- in order to prolong the current move. If this occurs, then the new signal will spur an additional 1-3 periods of movement, or more.

Trading any given trend is like a road trip which begins in familiar territory with frequent stops and starts. As the trip (trend) progresses, the goal is to get to the freeway (main trend) and experience some ‘clear-sailing’. Ultimately, the freeway/main trend is exited and the stops and starts begin again until the final destiny (major top or bottom) is reached.

In the same way that a driver does not assume that every turn in city traffic is going to lead to clear sailing, a trader should not assume that every reversal is the final high or low. Only two (out of literally dozens, or even hundreds) can be THE top and THE bottom.

What does this mean? It should demonstrate how and where reversal patterns fit into an overall trading strategy... and into an overall trend. They are not indicators of the overall trend, whether or not it is a new or existing trend. They are indicative of very small trends within a larger period of consolidation. Eventually, one of these will place you on the on-ramp to a break-away move... but only one!

So, do not trade a key reversal (in any of the following forms) as if it is the main trend... and do not drive on city streets as if they are the freeway. Harsh monetary penalties are reserved for both of these infractions. With that groundwork laid, it is time to discuss the three most effective types of key reversals. They are:

#1 -- HDKR ... Hadik’s Double-Key Reversal

#2 -- HTKR... Hadik’s Turn-Key Reversal

#3 -- H2CR ... Hadik’s 2-Close Reversal

[For the sake of brevity, they will be referred to as the Double-Key, Turn-Key and 2-Close Reversals™.]

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