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. -
What do "technically motivated" and "directional" mean?
Technically motivated traders make trading/investing decisions based on what price has done in the past. We, as technically motivated traders, do not normally include macroeconomic or fundamental factors (e.g. a given company's financials) into our thinking. We hold the view that patterns can be uncovered in price behaviour alone that have predictive value.
Directional traders expect price to move up or down. For directional traders to make money, price needs to move. Note: there are non-directional trading styles as well, although those are beyond the scope of our focus on these pages.
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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 yet 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'.
Please note there will be no Trade Room on March 28. We’ll return April 4.
major futures markets at a glance
FOR THE TRADING DAY OF thursday, 2022 03 31
Note: all chart time stamps CET (Central European Time, 6 hrs ahead of Eastern Time)
Video update by the 9.30am open.
News at 8.30am ET
Indexes: no new information
Currencies: no new information on 6A, 6N, MBT
Commodities: NG triggered
Financials: ZB/ZN monitoring for further shorts
Agriculturals:
FOR THE TRADING DAY OF Wednesday, 2022 03 30
Notes: clear bullish ‘risk-on’ mode on the indexes, aggressively pursuing longs (upon triggers) as markets are likely to retest previous highs in the next few days. Keeping an eye on 6A/6N and NG for a long.
Also note: all chart time stamps CET (Central European Time, 6 hrs ahead of Eastern Time)
News at 8.30am ET
Indexes: bulls in control, re-test of highs (at least) is likely, monitoring long setups as they develop from here
Currencies: 6E stopped out, pursuing long setups on 6A, 6N, MBT.
Commodities: NG long setup
Financials: ZB/ZN 1Rs completed, monitoring for further shorts
Agriculturals: ZC, ZS off the list for now
FOR THE TRADING DAY OF monday, 2022 03 28
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News at 8.30am ET
Indexes: long setups
Currencies: 6E short triggered, MBT gaps up. Short on 6B, 6S.
Commodities: NG pressing higher
Financials: ZB/ZN shorts in progress
Agriculturals: ZC, ZS long setups but no follow-through
9am ET update:
FOR THE TRADING DAY OF friday, 2022 03 25
News at 10am ET
Indexes: long setups on YM (gap up), RTY, NQ
Currencies: 6E short setup still valid, MBT 1R hit.
Commodities: NG pressing higher
Financials: ZB/ZN further shorts expected
Agriculturals: ZC, ZS long setups but no follow-through
8.30am update:
FOR THE TRADING DAY OF thursday, 2022 03 24
News at 8.30am, 9.45am ET
Indexes: consolidation, standing by
Currencies: 6E short setup valid, MBT long triggered. 6J slide continues.
Commodities:
Financials: ZB/ZN further shorts expected
Agriculturals: ZC, ZS longs setting up
9am ET update:
FOR THE TRADING DAY OF wednesday, 2022 03 23
News at 10am, 10.30am ET
Indexes: bullish pressure emerges, as we identified it in time
Currencies: 6E short setup valid, MBT long triggered. 6J slide continues.
Commodities: NG 1R hit
Financials: ZB/ZN good shorts
Agriculturals: ZC long setting up on daily
7.30am update:
FOR THE TRADING DAY OF tuesday, 2022 03 22
No News.
Indexes: consolidation in progress, standing by
Currencies: 6E/6S/6B shorts setting up or triggering, MBT long triggered. 6J 1R.
Commodities: monitoring for a potential long on NG
Financials: ZB/ZN textbook 1Rs
Agriculturals: ZC long setting up on daily
9am ET update:
FOR THE TRADING DAY OF Monday, 2022 03 21
No News.
Indexes: expect consolidation at this level (after 4 green daily candles)
Currencies: 6E monitoring for short, DX expected to move higher, but note the bearflag on the 240min. MBT long triggered.
Commodities: monitoring for a potential long on NG. GC/SI shorts on 240min
Financials: ZB/ZN monitoring for next short
Agriculturals: ZC long setting up on daily
8am ET update:
FOR THE TRADING DAY OF friday, 2022 03 18
News at 10am ET
Indexes: bearish momentum waning
Currencies: 6E monitoring for short, DX expected to move higher, long setup on MBT
Commodities: monitoring for a potential long on NG
Financials: ZB/ZN monitoring for next short
Agriculturals: ZC long setting up
9am ET update:
FOR THE TRADING DAY OF thursday, 2022 03 17
News at 8.30 ET, 9.15am ET. FOMC behind us.
Indexes: standing by, using RTY for clues of the strength of the bulls
Currencies: 6E monitoring for short, DX expected to move higher
Commodities: monitoring for a potential long on NG
Financials: ZB/ZN monitoring for next short
Agriculturals: ZC long setting up
9am ET update:
FOR THE TRADING DAY OF Wednesday, 2022 03 16
News at 8.30 ET, 2pm FED
Indexes: standing by
Currencies: 6E, 6A short setup, 6S 1R hit
Commodities: staying out
Financials: ZB/ZN 1R hit
Agriculturals: ZC long setting up
9am ET update:
FOR THE TRADING DAY OF tuesday, 2022 03 15
News at 8.30 ET
Indexes: shorts triggered
Currencies: 6E short setup, 6S triggered
Commodities: staying out
Financials: ZB/ZN great 1R shorts
Agriculturals: ZS, ZC longs setting up
9am ET update:
FOR THE TRADING DAY OF Monday, 2022 03 14
No News.
Indexes: bearish bias
Currencies: 6E/6S/6B/6J/BTC at various stagies of bearish moves, see video
Commodities:
Financials: ZB/ZN short setups
Agriculturals: ZS, ZC longs setting up
10am ET update:
FOR THE TRADING DAY OF friday, 2022 03 11
News at 10am ET.
Note: a few great setups, we must pay attention!
Indexes: staying out
Currencies: 6J 1R hit, 6N long, BTC bullflag has failed, 6E, 6B, 6S short setups
Commodities: SI long setting up
Financials: ZB/ZN shorts setting up
Agriculturals: ZS in progress, ZC setting up
9am ET update: no new setups
FOR THE TRADING DAY OF thursday, 2022 03 10
News at 8.30am ET
Note: extraordinary moves on several markets, standing by for clues on most markets.
Indexes: staying out
Currencies: 6N, BTC monitoring for longs
Commodities: GC, HO, CL big moves, staying out
Financials: shorts setting up
Agriculturals: ZS in progress
9am ET update:
FOR THE TRADING DAY OF wednesday, 2022 03 09
News at 10.30am ET (CL/HO)
Indexes: stress on the equities markets continues. Treating RTY as range-bound with bearish bias.
Currencies: 6J short setup, BTC bearflag
Commodities: GC likely to test 2100
Financials:
Agriculturals: ZS triggered. ZC long setup.
8am ET update: strong European session, short potential weakens on indexes, BTC destroys short setup (which may spill over to indexes). YM breaking 35,000 would mean bulls re-gaining control.
FOR THE TRADING DAY OF tuesday, 2022 03 08
News at 8.30am ET
Indexes: stress on the equities markets continues. Shorts triggered, monitor RTY if not short yet. This is a unique global situation, which may result in extreme volatility in the coming days. The Russian currency’s fate may spill over to other markets and asset classes.
Currencies: 1R on 6B, BTC bearflag
Commodities: long setup on SI, GC likely to test 2100
Financials:
Agriculturals: ZS potential long. ZW lock limits for many days in a row (no trading)
8.30am ET update:
FOR THE TRADING DAY OF monday, 2022 03 07
Trade Room at 10.30am ET. Send in your questions!
No News.
Indexes: shorts triggered
Currencies: weekly 6E short rips, 6B short triggering, BTC sells off (showing it’s not a hedge for equities!)
Commodities: parabolic extention and/or or strongly bullish moves on several markets: GC, SI, HG, ZW, energies.
Financials: ZB/ZN where the money goes
Agriculturals: overextended, ZS potential long
8am ET update:
FOR THE TRADING DAY OF friday, 2022 03 04
News at 8.30am ET
Indexes: bearish potential
Currencies: long setup on 6C, 6N
Commodities:
Financials: ZB/ZN monitoring for short trigger
Agriculturals: overextended
9am ET update:
FOR THE TRADING DAY OF thursday, 2022 03 03
News at 8.30am ET
Indexes: bearish potential dissipating
Currencies: long setup on BTC
Commodities: CL, HO, GC, SI push higher, bullflag on SI
Financials: dramatic failure of longs, may indicate bullish sentiment arising on equity indexes
7.30am ET update:
FOR THE TRADING DAY OF Wednesday, 2022 03 02
News at 10.30am ET (CL/HO)
Indexes: standing by
Currencies: 6B short. No pullback on BTC
Commodities: CL, HO, GC, SI push higher, monitoring for setups. Watching HG.
Financials: short setups failed (no trigger, no harm)
Agriculturals: ZW hits 1000
8am ET update: ZW, CL rip, do not chase. See setups below.
FOR THE TRADING DAY OF tuesday, 2022 03 01
News at 10am ET.
Note: not too many clear setups. We need to be selective and/or scale back.
Indexes: mean reversion mode
Currencies: monitoring for long on 6S. Monitoring for a setup on BTC.
9am ET update: