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FAQ

Remek! Premium

Actionable market insight for technically motivated directional traders

  • I'm new to this. Where do I start?

    Start with the Documentation. See link above. Then you may want to read through the documentation of our software products to see how we go about interacting with the markets.

  • 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, starting with a "Morning brief" pre-session, Eastern Time.

  • 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 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.

    - We're often wrong. After all, we work with probabilities, and this work is all about the future. The unknown. We judge our work not by how many times we're right or wrong, but - to paraphrase one of the best traders of all time - by 'how much we make when we're right and how much we lose when we're wrong'.

fOR THE TRADING DAY OF friday, 2021 07 16

News at 8.30am

Indexes: Relative weakness on RTY, but bullflags on the ES/NQ, breakout setup on YM. Consider being long on latter three.
Currencies: Short in progress on 6E, 6C, 6A
Cryptos: BTC no change since yesterday.
Financials: longs triggering daily ZB/ZN.

4pm update: we often say we’re wrong 50% of the time, and content with that. Most of today’s action falls into that 50%: the indexes refuse to break to the upside, and the SI bearflag has triggered. Our 1R targets on 6C, 6E, 6A (while working) were not reached today. With proper risk management rules, these days should not cause too much damage to either our mood or or wallets. We’ll be off till the end of the month, see details and special offer in this week’s videos. Mindful trading, or a pleasant week away from the screen - whichever is your choice!

fOR THE TRADING DAY OF thursday, 2021 07 15

News at 8.30am, 9.15am ET

Indexes: Relative weakness on RTY, but still well inside the range. Lack of momentum, but also no price rejection on the other indexes.
Currencies: Short in progress on 6E (although not much momentum), short setup on 6C. Potential for measured move on 6J.
Commodities: NG daily has triggered. GC/SI bearish potential dissipating (without a long setup).
Cryptos: BTC hanging on a cliff, with an unfilled gap below. The most probable outcome is to fill that gap.
Financials: long setups on daily ZB/ZN.

8am update:

fOR THE TRADING DAY OF wednesday, 2021 07 14

News at 8.30am ET

Indexes: Relative weakness on RTY. We’ll keep focusing on the long side until the market tells us we’re wrong. It hasn’t yet, the most likely scenario is a continue upward shift without clear setups. (Note that these low momentum grinds tend to end abruptly.)
Currencies: momentum on DX: setups and/or trades in progress on major pairs: 6E, 6S, 6A.
Commodities: NG daily has triggered.
Cryptos: BTC hanging on a cliff, with an unfilled gap below. The most probable outcome is to fill that gap.

9am ET update:

fOR THE TRADING DAY OF TUESDAY, 2021 07 13

News at 8.30am ET

Indexes: NQ working on 1R, YM has reached 1R, bullflag/measured move potential on RTY. Excellent market conditions, but focus on managing risk: these low volatility grinds tend to end in volatility increases, and surprises.
Currencies: DX bullflag, Long setups on 6J, 6E, 6S.
Commodities: SI short setup dissipates, GC grinding up. NG daily has triggered.
Financials: ZB/ZN no clear action item.

fOR THE TRADING DAY OF monday, 2021 07 12

Note: we’ll take a 10-day break from July 19. Details in the video.

No News.

Indexes: quick recovery on Friday points to further upside. But note the relative lack of momentum (aka lazy mid-summer action). Do not oversize positions in this environment. Also: we just had a good 1R on the ES and the YM, so it’d be normal for the market to consolidate here for a few days.
Currencies: DX bullflag, but no momentum. Long setup on 6J.
Commodities: SI short setup still valid. Long setup on NG. CL/HO expected to drift upward, but no clear setup. Bullflag on weekly HG.
Financials: ZB/ZN, bullflags, monitoring for long triggers.

fOR THE TRADING DAY OF friday, 2021 07 09

No News.

Indexes: We see this as a pullback in progress. We continue to be bullish.
Currencies: DX bullflag, looking for shorts on major pairs.
Commodities: SI short about to trigger.
Financials: ZB/ZN, bullflags in progress.

fOR THE TRADING DAY OF thursday, 2021 07 08

News at 8.30am, 11am ET

Indexes: probably still a slow grind, but a pullback is getting likelier every day. Not a spot to long from.
Currencies: DX bullflag, short setups on 6E, 6C, 6S.
Commodities: SI bearflag.
Financials: ZB/ZN, monitoring for next bullflag.

9am update: pullback on the indexes. Long setup on NG, target off the weekly. 1R reached on 6C

fOR THE TRADING DAY OF wednesday, 2021 07 07

FOMC at 2pm ET

Indexes: intraday shake-out on the indexes: NQ quickly recovers, others in bullflag.
Currencies: DX bullflag, look for shorts on major pairs, there are many choices.
Commodities: failure on SI 240min is warning sign. ZS doesn’t trigger.
Financials: large moves on ZB/ZN, monitoring for next bullflag.

fOR THE TRADING DAY OF tuesday, 2021 07 06

See you in our workshop Tuesday morning, we’ll discuss our two new products, BTX and RRS.

No News.

Indexes: ES at all time high. RTY offering good entry.
Currencies: DX working on moving out of bullflag. Monitoring for shorts on major pairs.
Commodities: CL presses up, HO working on retesting previous high. SI bullflag on 240min. Bullflag on ZS.

fOR THE TRADING DAY OF friday, 2021 07 02

Indexes: low-momentum grind continues. Strong candle on weekly chart points to further upside. You’ve been hopefully long and trailing it.
Currencies: DX bullflag in progress, shorts in progress on several major pairs. 6J breaking down.
Commodities: CL completes move. HO has a bit to go as it is likely to test the previous high.

fOR THE TRADING DAY OF thursday, 2021 07 01

Note: no change in the markets, opportunities we identified yesterday are developing as expected.

News at 8.30am, 10am ET

Indexes: low-momentum grind continues. Strong candle on weekly chart points to further upside.
Currencies: DX bullflag in progress, shorts in progress on several major pairs.