For educational purposes only. No information on this page constitutes investment advice. By accessing this page you agree to the Terms and conditions.
Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital s hould be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Remek! Premium
Actionable market insight for technically motivated directional traders
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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.
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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.
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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 thursday, 2021 09 30
News 8.30am ET.
Indexes: further downside likely. Pay attention (if you want to pursue shorts)
Currencies: DX is moving, great shorts on major pairs, more expected to come
Commodities: SI breaking down, CL/HO continue to be bullish.
Financials: more downside expected on ZN/ZB
9am ET update:
FOR THE TRADING DAY OF wednesday, 2021 09 29
Note: large moves on several markets on Tuesday, starting with Europe. Instead of guessing, I prefer waiting for the European open to be behind us to see if we get any clues we can use in Wednesday’s session. The standard playbook on the indexes: expecting a bearflag on the daily, which we could look to short. As is obvious, surprises are possible, let’s see if there are any bulls out there. Back in the morning.
News 10.30am ET.
Indexes: strong selling on the European open (3am ET) in Tuesday’s session. Bearish potential from here cannot be ignored.
Currencies: DX moves up, 6E hanging on a cliff
Commodities: NG, CL, HO signs of profit-taking, expecting some consolidation here.
Financials: larges moves on ZN/ZB (which could have triggered the selloff on the equities).
9am ET update:
FOR THE TRADING DAY OF tuesday, 2021 09 28
News at 8.30am, 10am ET.
Indexes: bullish move out of current structure still more likely than breaking down.
Currencies: 6J 1R hit (but there was no pullback), 6E breakout trade potential, 6C long has triggered (see yesterday).
Commodities: NG stampede continues.
Financials: monitoring for short on ZN
9am ET update: overnight weakness on indexes, first 30min of session may provide clue. Ready to short if we have to. Watching 6E for a short.
Trade room open at 10.30am ET. Click here to join.
FOR THE TRADING DAY OF Monday, 2021 09 27
News at 8.30am ET.
Indexes: bullish move out of bullflag in progress: testing previous high is likely.
Currencies: a few potential shorts: 6A, 6E. potential long on 6C.
Commodities: CL, HO 1R reached on daily.
9am ET update: 6J, ZN hit 1R
FOR THE TRADING DAY OF friday, 2021 09 24
News at 10am ET.
Indexes: bullish bias.
Currencies: DX range-bound, making trading major pairs difficult. 6J potential short. BTC likely heading up, new potential entry on 60min.
Commodities: CL, HO 1R reached and more.
9am ET update: we have the pullback, let’s see what’s next
FOR THE TRADING DAY OF thursday, 2021 09 23
News at 8.30am ET.
Indexes: standing by, see video for details.
Currencies: 6E, 6B, 6N shorts in progress. 6A short setting up. BTC likely heading up, potential entry on 60min.
Commodities: CL, HO longs in progress
9am ET update:
FOR THE TRADING DAY OF wednesday, 2021 09 22
Note: FED announcement. This time, due to current market conditions, it may prove to be a catalyst, generating short-term random market movements. We will scale back tomorrow, to let the dust settle.
News 10am, 10.30am, 2pm ET (FED).
Indexes: likely another leg (or at least an attempt) to the downside is next. Bulls having enough could prove us wrong.
Currencies: USD strength expected to continue: short setups on 6E, 6A, 6N, 6B, BTC.
Commodities: CL, HO long setups
8am ET update:
FOR THE TRADING DAY OF tuesday, 2021 09 21
Note: Volatility returns to the markets. FED meeting tomorrow.
News at 8.30am ET.
Indexes: “selling pressure” has been consumated. The question remains: what is next? Most likely: rebound. Less likely: further selling.
Currencies: USD strength expected to continue: short setups on 6E, 6A, 6N, potential on (“setup setting up”) on 6B, BTC.
Commodities: GC short setting up.
9am ET update:
FOR THE TRADING DAY OF Monday, 2021 09 20
Note: Apoligies, but there will be no Trade Room in the morning, I’ll be away from my desk.
No News, but several markets in transition, plus FED meeting on Wednesday, which is often a market mover.
Indexes: selling pressure. Where will it stop?
Currencies: USD strength dominates major pairs. 6E 1R, 6J, 6N potential shorts, several markets already selling off. BTC selling pressure.
Commodities: SI 1R.
8.30am ET update: most assets are selling off, except for GC. We’ll see what this means if anything.
FOR THE TRADING DAY OF Friday, 2021 09 17
Note: Practically no change since yesterday.
News at 10am ET may move the market (although not marked red in our calendar).
Indexes: NQ, ES: No change: upside break likely. But: be on the lookout that we’re wrong! (as discussed in yesterday’s video).
Currencies: 6A/6E may be setting up for a short. BTC long setup.
Commodities: CL, HO great longs. One more push expected to previous highs. Short potential on SI.
Agriculturals: ZC/ZW bullflags setting up.
9am ET update:
FOR THE TRADING DAY OF thursday, 2021 09 16
News at 8.30am ET
Indexes: NQ, ES: upside break likely. Position.
Currencies: great move on 6J.
Commodities: CL, HO great longs.
Agriculturals: ZC/ZS monitoring for first bullflags.
9am update:
FOR THE TRADING DAY OF wednesday, 2021 09 15
News at 9.15am, 10.30am ET
Indexes: NQ, ES: waiting for clues.
Currencies: not much happening. 6J could be setting up for a long.
Commodities: CL, HO longs in progress or setting up.
8.30am update:
FOR THE TRADING DAY OF tuesday, 2021 09 14
News at 8.30am ET
Indexes: NQ, ES: likely to be a pullback.
Currencies: none of the setups can be called ‘excellent’. DX is range-bound.
Commodities: CL 1R hit. HO long in progress.
9am ET update: bullish mood on several markets. Waiting for setups.
Click here to enter the Premium Room at 10.30am ET.
FOR THE TRADING DAY OF monday, 2021 09 13
News at 8.30am ET
Indexes: NQ, ES: is this a pullback? Waiting for clues.
Currencies: 6E short, 6B long setup valid, 6A, 6N potential shorts. Increased unpredictability.
Commodities: CL/HO longs in progress. HG moves.
8.30am ET update:
FOR THE TRADING DAY OF friday, 2021 09 10
News at 8.30am ET
Indexes: NQ, ES set up long.
Currencies: 6E, 6B, 6A, 6N set up long
Commodities: Long setups on CL/HO still valid.
8.30am ET update:
FOR THE TRADING DAY OF thursday, 2021 09 09
News at 8.30am, 11am ET
Indexes: waiting for clues.
Currencies: waiting for clues.
Commodities: Long setups on CL/HO.
Agriculturals: potential next short on ZC, ZS 1R in progress.
8am ET update:
FOR THE TRADING DAY OF wednesday, 2021 09 08
No News.
Indexes: Tested low of range: upside break likely.
Currencies: BTC news related volatility, but upside continuation likely. Monitoring 6E: if long setup fails, start looking for shots on major pairs
Commodities: Long setups on CL/HO. No follow-through (yet) on GC/SI
Agriculturals: ZC 1R reached, ZS short in progress (with little momentum).
8am ET update:
FOR THE TRADING DAY OF tuesday, 2021 09 07
No News.
Indexes: Price acceptance, sideways consolidation: upside break likely, timing impossible to know.
Currencies: BTC working on 1R on daily. 6A/6E/6C long setups.
Commodities: HO likely to test high on weekly. Long move expected on GC. Expecting pullback on SI. NG tests weekly target.
Agriculturals: ZC, ZS short setups.
8am ET update:
FOR THE TRADING DAY OF friday, 2021 09 03
News at 8.30am ET. Note: Monday markets closed.
Indexes: Upside break likely.
Currencies: BTC bullflag setting up. 6A/6E moving. 6C long setup
Commodities: CL 1R reached. HO likely to test high on weekly.
Agriculturals: ZC short setup.
9am ET update:
FOR THE TRADING DAY OF thursday, 2021 09 02
News at 8.30am ET (potential market mover)
Indexes: No momentum in Wednesday session. Price acceptance.
Currencies: BTC long in progress. DX no bias. 6A 1R reached, another bullflag setting up.
Commodities: expecting GC to at least try 1840. CL long setting up.
Agriculturals: potential shorts setting up on daily.
8am ET update:
FOR THE TRADING DAY OF wednesday, 2021 09 01
News at 10am, 10.30am (CL) ET
Indexes: No sign of bearishness. Expecting YM/RTY to test all time highs.
Currencies: BTC long setup but no momentum. DX may be starting to move up. 6J may be the early warning.
Commodities: expecting GC to at least try 1840. CL long setting up.
9am ET update: