For educational purposes only. No information on this page constitutes investment advice. By accessing this page you agree to the Term and conditions.

FAQ

Market Scanner Pro

Archives

Forum

Remek! Premium daily analyses

Actionable real-time market intelligence for short-term investors

Designed to remove the obstacles between you and successful trading.

When is this page updated?

We update this page, with our plan and outlook for the next trading day, by midnight Eastern Time prior to every trading session on the US futures markets. We provide a morning brief for the day's trading session around 8am Eastern Time. We also post updates as necessary during the day.
Your charts are too big for me

This is the most frequent comment we receive. Consider the following:

a) It's important to ask the question: why do we want to trade a given timeframe. If because that's where our edge is, fine. But if we want to trade a timeframe because that's what we think is the only thing we have money for, we're in trouble: we will most likely lose our money. We have to pick timeframe not based on our wishes, but on where our verified edge is.

b) Ok, is there some good news?

Yes, lots:

- With us, you'll be trading with an edge. Without an edge, there is no point in risking a single dollar on the markets.

- Now, most of our trades are intraday trades, the 240min timeframe still being six times less than a day.

- Also, many of our 240min trade ideas can be adapted to even smaller timeframes by simply waiting for the next pullback on the lower timeframe (LTF) after the 240min trigger.

- Also, many of our trade ideas are on currency futures. On relatively small accounts, they can be executed on forex, which allows more granular risk management.

- Many of our trade ideas can also be executed on ETFs: say, GLD for a GC trade or TLT for bond futures.

- Finally, on smaller accounts trades can be executed with micro contracts (MES, MGC etc.). While some will say "that way you can't make money", our answer is: but one will learn to fish, and that's worth all the money!

It is clear our service allows the capital accumulation process to be implemented on any reasonably-sized account.
Miscellaneous notes

- Make sure you read the Documentation, become familiar with our Market Scanner, and follow the markets every day to build intuition to make best use of this service.
- We tend to scale back activities on the indexes leading up to FOMC releases, while being aware that the FOMC news release can often serve as a catalyst. We also stay out of intraday trades 10 minutes before and after of major news releases.

for the trading day of monday, 2020 08 31

No News.

Indexes: ES on a roll, look for long entry on RTY, target 1700.
Currencies: DX expected downmove in progress. On the lookout for longs on major pairs.
Commodities: GC/SI think long on your timeframe.
Agros: ZC, ZS good longs in progress.

1pm update:

8.30am update: DX pressing against support, expected to break, looking for longs on major pairs: 6E, 6S, 6B, 6C

for the trading day of friday, 2020 08 28

News at 8.30am.

Indexes: ES expect consolidation after 5 updays, it’s okay to scale back on a Friday like this.
Currencies: DX expected downmove in progress. On the lookout for longs on major pairs. 6C long as expected.
Commodities: GC/SI bears unable to take control on daily (so far). Potential long setting up on 240min SI.
Agros: ZC, ZS good longs this week

for the trading day of THURSDAY, 2020 08 27

News at 8.30am.

Indexes: ES breakout with convincing momentum, waiting for first pullback on daily. RTY interesting to see it’s acting differently from the ES. Reason: the move on the ES was driven by just a handful of big name stocks (“lack of market breadth”)
Currencies: DX expected to start sliding. Good daily setup on 6E, 240min setup on 6B, 6C.
Commodities: GC/SI bears unable to take control on daily (so far). Potential long setting up on 240min SI. Monitoring CL for a potential upside break from 240min channel.
Agros: ZC, ZS longs in progress. Secondary entry on 240min ZC.

9.15am update: Good work. Luck? If luck = preparedness + opportunity, then yes. Elsewhere: RTY gave us a clue. 6C steps up.

9am update: currencies, GC, HG ready to move

for the trading day of wednesday, 2020 08 26

Note: no new information since yesterday. Back in the morning.

News at 8.30am, 10.30am.

Indexes: ES at new high, expect upward drift. RTY likely to be heading to previous high.
Currencies: DX undecided, standing by.
Commodities: GC we’re on the sidelines. HG monitoring for long entry.
Agros: ZC long in progress. If long, tighten stop behind runner.

2pm update: modest but steady good day with longs on 6J and HG. Note: we were aware of the rally on the ES, we just didn’t find a grip.

7am update: HG triggered. ES: most likely today: low-volatility, hard-to-trade upwards grind. GC likely to test 1880. DX: most likely to get resolved to the downside based on the weekly. Monitoring for long entries an major pairs, incl. 6J. ZC, ZS no surprises.

for the trading day of tuesday, 2020 08 25

News at 10am.

Indexes: ripping to new highs. RTY likely to target previous high.
Currencies: DX we’re standing by, and we expect the DX to start sliding. Ready for longs (when triggered) on major pairs, e.g. 6S.
Commodities: GC a retest of 1880 is possible, we’re on the sidelines.
Agros: ZC long in progress. If long, tighten stop behind runner.

11.30am update: a difficult environment, with not much intraday follow-through on the opportunities identified. Days like this are part of the job.

8am update: ES drifting up. RTY target previous high. CL may be working to fill gap at 50. ZC gaps up.

for the trading day of Monday, 2020 08 24

No News.

Indexes: ES has completed the “double-top requirement”. Question is: what is next, price acceptance or price rejection. Hanging out in this area without collapsing is price acceptance, which is a bullish sign. We are bullish. And we are on the lookout for information that we are wrong! What would that information look like? Selling.
Currencies: DX a bullflag on the 240min, yes, but within a daily bearflag. We expect this ‘crossroads’ to be resolved to the downside (based on the HTF). We’re waiting for clues. Once we know, we’ll get aggressive (most likely in the form of long trades on major pairs.)
Commodities: GC, SI no real selling pressure, we’re expecting GC/SI to start moving up. (Bullflags on both dailies.) This could be a good entry/re-entry opportunity into these markets for mid-term (weeks to a few months) positions. Micro futures, ETFs are there for you as well. HG is a mess on the 240min, we’re standing by for clarity.

Agros: bullflags on ZC, ZS, long candidates

8am update: ES trending day likely. (Also watching RTY.) GC/SI shaking off the bears. Long on ZC. DX bearflag in progress (watching 6E, 6J)

for the trading day of friday, 2020 08 21

News at 8.30am

Indexes: ES completed the “double-top requirement”. Question is: what is next, price acceptance or price rejection. Hanging out in this area without collapsing is price acceptance, which is a bullish sign.
Currencies: DX (USD) looking for what’s next, resulting in uncertainties on major pairs. We’re flat. USD expected to slide further.
Commodities: GC, SI no real selling pressure, HG could be heading to 3.5, we’ll keep an eye on it

11am update: excellent work on GC, good reading on SI, ES. See your emails for details. Done for the week.

8.30am update: several markets dropping sharply, HG bullflag failed, ES fell back in the range, GC complex pullbac (daily) becoming a range. DX may be working on a measured move on the 240min although daily bearflag, at this point, still intact. The correct position is now: flat, and since it’s Friday, we’ll probably keep it that way. Markets themselves don’t know what they’re up to, so we’ll just have to wait for clues.

for the trading day of thursday, 2020 08 20

Notes: the USD bounced today, somewhat surprising. We were not in a position (on FOMC days we scale back, which paid off today). No video tonight, we’ll look at the market in the morning. A higher level of uncertainty than in the past few days: ES directionless, GC/SI still showing weakness, USD surprise move. These three factors a telling us to slow down and wait for clues. Which will come.

News at 8.30am

Indexes: FOMC behind us, 3400, for all practical purposes was hit, and the ES was unable to break higher, a slight warning, that this market may be in trouble
Currencies: DX waiting for information as to what this bounce is going to be. We were not in currencies today, so we avoided this bounce.
Commodities: GC, SI bulls in control, complex bullflag on the daily, but we’ll wait a day or two more to see if the bulls are ready. HG could be heading to 3.5, we’ll keep an eye on it

8.30am update: a short anti on the ES (but I’ll skip it), GC: retest on the small chart, we’re standing by for now, focusing on the bullflag on the HG. Currencies: standing by

for the trading day of wednesday, 2020 08 19

News at 8.30am, 2pm (FOMC)

Indexes: FOMC at 2pm may be a catalyst, 3400 may be hit shortly
Currencies: DX continues to slide, looks for longs on major pairs
Commodities: GC, SI bulls in control, have a plan to participate

2pm update: FOMC release out, ES strong as ever. An upside break likely at this point. GC is taking a breather. DX bounces, although the long term slide is probably intact. We’ll take if from here tomorrow.

9am update: FOMC at 2pm, market tends to do not much before 2pm, we’ll scale back in the morning

for the trading day of tuesday, 2020 08 18

News at 8.30am.

Indexes: ES chipping away at resistance, 3400 may be hit shortly
Currencies: DX as expected, 6E, 6B, 6S as expected
Commodities: GC, SI bears unable to take control, plan your long entries

8.30am update: the three dominating factors for today’s session:

indexes (ES) most likely to break out and hit 3400
GC/SI strong bullish pressure
USD continues to weaken, bullish moves likely to continue on major pairs (see e.g. 6E weekly)
make a plan to participate in the above as per your trading mandate

for the trading day of Monday, 2020 08 17

No News at 8.30am

Notes: typical summer action with compressed volatility. A few promising setups on currencies, and bullish pressure in stock index futures.

Indexes: bullish pressure continues, expect a break of this level both on the ES and RTY
Currencies: DX breaking down, longs setting up on 6E, 6B, 6S
Commodities: GC, SI: stand by, be flat.

12pm update: 6N study: we’re skipping this short signal in the Market Scanner because most major pairs are in a bullish setup against the USD. GC: bulls in control. 6J measured move completed.

9am update: as expected in last night’s video: GC anti failing, indexes breaking to the upside, longs in progress or setting up on 6E/6B/6A. Also: 6J rips, but we’re not chasing, we’ll be here for the pullback

for the trading day of friday, 2020 08 14

News at 8.30am, 9.15am ET.

Indexes: bullish pressure continues, expect a break of this level both on the ES and RTY
Currencies: DX breaking down, longs setting up on 6C (240min), 6E, 6S (daily), 6B, 6A
Commodities: GC, SI working their way back up. On the lookout for the first pullback on the 240min timeframe.

9am update: 6A, 6S, 6E, 6C moving

for the trading day of thursday, 2020 08 13

News at 8.30am, 9.15am ET.

Indexes: bullish pressure continues, expect a break of this level both on the ES and RTY
Currencies: DX breaking down, longs setting up on 6C (240min), 6E, 6S (daily)
Commodities: GC, SI selloff, but buyers stepping up. We’ll wait a bit more for a long entry to set up.

1pm update:

8.30am update: watch RTY, ES for an upside break. 6C as expected.

for the trading day of Wednesday, 2020 08 12

News at 8.30am, 11am ET.

Indexes: March high hit, for all practical purposes, on the ES. Expecting consolidation for a few days here.
Currencies: limited opportunities on currencies. Monitoring a potential long on 6C
Commodities: GC, SI selloff, but long-term trend likely to be intact. Monitoring for a long re-entry in this market (we were long on GLD and SLV, exited two days ago).

8.30am update: no sign of price rejection (collapse) on the ES, RTY room to go. 6C long setting up.

for the trading day of tuesday, 2020 08 11

No News.

Indexes: 20 points to previous high on the ES, which is expected to be hit soon. RTY upside potential.
Currencies: DX holding our horses until we get some clarity on the 240min chart.
Commodities: GC, SI expecting a little consolidation at this level, which would be healthy for the long-term trend.

12pm update: patience is a key ingredient of any edge. Standing by.

8.30am update: ES = 3370, question: what’s next?
a) consolidation (price acceptance) - bullish
b) sudden price rejection by the end of today’s session
a) is more likely
Similar on RTY (which shows no sign of weakness)
CL/HO looking for longs on 240min chart.

for the trading day of Monday, 2020 08 10

Note: we have a Shark Week webinar at 12 ET tomorrow (in focus: v3.0 of our software), so I’ll have limited time to check the markets during the day. That said, I’ll be around, so I don’t we’ll miss anything. Join us for the webinar if you can!

No News.

Indexes: 30 points to previous high on the ES, which is expected to be hit soon. RTY about to hit 1R target.
Currencies: DX what we’re looking at is probably a bearflag. Monitoring for opportunities on major pairs. Remember 6J’s failure test a few days ago? It’s likely breaking to the upside now, see below.
Commodities: GC this looks like an anti, but we expect it to fail as GC likely moves towards 2100, SI bullflag, and we treat it as such. Note: GC/SI are admittedly overextended. If you’re in on GLD, SLV etc. tighten stops. This has been a historic run and it’s unlikely to be over yet.

8.30am update: ES still working on 3370. Important: what happens there is important. Basically, two things can happen. a) failure test b) consolidation. a) is strongly bearish b) is bullish. For now, take profits if/when we get there. Bullflag on GC, SI shows no weakness. (for GC, SI we have to think in weeks, these are not too suitable for short-term trades.)

for the trading day of friday, 2020 08 07

Note: less clarity than usual, let’s wait for some clues. DX is taking a pause, so hold your currency longs, GC/SI too extended to enter here (you should be long a long time), ES/RTY may hang out here for a day or two. Watching ZB/ZN for a potential breakout. The 8.30am news may introduce volatility (clues and opportunities) so we’re standing by.

News at 8.30am.

Indexes: 30 points to previous high on the ES, RTY working on a setup
Currencies: DX downside momentum continues, good setup setting up on 6C
Commodities: GC 2100, SI 30: time to tighten stops, take partial profits, whether futures, ETFs or other.

8am update: long setting up on 6C, short on ZC, bullflag on RTY

for the trading day of thursday, 2020 08 06

News at 8.30am.

Indexes: no change, upside break likely.
Currencies: DX downside momentum continues, good setup setting up on 6C
Commodities: GC, SI upside push continues. Monitoring CL.

4pm update:

12pm update: slow day, potential on 6J, CL, 6A

8am update: 6J moving, monitoring 6C, CL pullbacks

for the trading day of wednesday, 2020 08 05

Note: no material change since yesterday, we said yesterday, and we can say the same today. Shark Week: do not miss our presentation next week. Register here.

News at 8.30am, 10.30am (CL/HO).

Indexes: no change, most likely to be heading to 3400. RTY has room to go.
Currencies: DX downside momentum continues (currently in a pullback), 6E, 6B setting up, long on 6J (see study video below)
Commodities: GC, SI expect consolidation here, but rally is expected to continue mid-term.

3pm update:

8am update: on track to our target on the indexes on a day that can easily turn out to be a trending day. DX as expected. Longs setting up on major pairs, including 6J. CL: failure test followed by a momentum move. We can start watching for pullbacks.

for the trading day of tuesday, 2020 08 04

Note: no material change since yesterday.

No News.

4pm update: there are days like this: everything worked.

10.30am update:

8.30am update: pullback on the ES/RTY 240min, a good structure to start a move up from. Currencies taking a break (but unlikely the DX’s ascend is over). 6J, so far, is holding. Extreme volatility compression on SI with a likely upside break.

for the trading day of Monday, 2020 08 03

News at 10am.

Indexes: no change, most likely to be heading to 3400. RTY has room to go.
Currencies: DX downside momentum continues (currently in a pullback), further - and excellent - potential on major pairs: 6E, 6J, 6N etc.
Commodities: GC, SI expect consolidation here, but rally is expected to continue mid-term.
Financials: ZB/ZN busy doing nothing.
Agros: excellent long setting up on ZS daily

4pm update: