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.

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.

  • 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.

  • 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'.

major futures markets at a glance

FOR THE TRADING DAY OF friday, 2022 04 29

News at 8.30am EST

Indexes: note, yesterday’s move did NOT exceed 2 sigma. Waiting for clues, ready to short bearflag on trigger.
Currencies: DX tests top, taking a day off
Commodities: HO, CL long, KC short hesitating (tighten stop if short)
Financials: ZB/ZN shorts setting up
Agriculturals: ZC, ZS longs in progress

FOR THE TRADING DAY OF thursday, 2022 04 28

News at 8.30am EST

Indexes: expecting further weakness.
Currencies: DX tests top, time to close major currency positions for now
Commodities: HO 1R hit on 240min, CL long setting up, KC short in progress
Financials: ZB/ZN shorts setting up
Agriculturals: ZC, ZS longs

FOR THE TRADING DAY OF wednesday, 2022 04 27

News at 8.30am, 10.30am (CL) EST

Indexes: 1R hit on most indexes. RTY weekly short triggered.
Currencies: DX strength continues, shorts on 6E, 6J, 6S, 6A (most major pairs, incl. BTC)
Commodities: HO 1R hit on 240min
Financials: ZB/ZN shorts setting up
Agriculturals: ZC long setting up, expecting ZW and ZS to move up as well

FOR THE TRADING DAY OF tuesday, 2022 04 26

News at 8.30am, 10am EST

Indexes: mean reversion expected (see bottom tail on daily)
Currencies: DX strength continues, monitoring for shots on 6E, 6J
Commodities: HO long triggered
Financials: ZB/ZN shorts setting up
Agriculturals: ZC long setting up

FOR THE TRADING DAY OF monday, 2022 04 25

Notes: Trade Room open at 10.30am EST.

On days (e.g. last Friday) when everything plays out as expected, we are in danger: conceited traders will get crushed by the market. We’re staying humble and continue to think in probabilities.

Welcome new members! Please go back and watch videos of the past few days so you see where we came from and where we are. We follow the ongoing saga of our monitored markets daily. Our method is consistent and works. See the Documentation for details. And yes, our software products are the algorithmic manifestations of our methodology, in other words, the tools in our toolbox.

No News

Indexes: spectacular moves on the indexes (which we correctly forecasted). Expect mean reversion (bearflags) next.
Currencies: major pairs have been good to us. (All moves, e.g. 6S, 6N played out as forecasted.) Coming up: 6E/6J potential shorts
Commodities: NG anti reaches 1R (another good call). Long expected on CL/HO, but it’s a large weekly structure expected to play out slowly.
Financials: further shorts setting up
Agriculturals: for the record: hesitant ZS did hit 1R after all

FOR THE TRADING DAY OF FRIDAY, 2022 04 22

News at 9.45am ET

Indexes: upside break failed spectacularly yesterday, which may lead to another leg down. RTY is set up best for a short. (IWM is an option.)
Currencies: DX wakes up, great shorts, in progress or setting up or triggering on several major pairs. This is the idea!
Commodities: NG anti in progress. Stopped out from KC. Long expected on CL.
Financials: further shorts expected, waiting for setup
Agriculturals: ZC/ZS longs in progress.

FOR THE TRADING DAY OF thursday, 2022 04 21

News at 8.30am ET

Indexes: sideways noise. Watching YM
Currencies: DX takes a break, but expected to continue up. Looking for shorts on major pairs.
Commodities: NG anti in progress. KC short in progress.
Financials: further shorts expected, waiting for setup
Agriculturals: ZC/ZS longs in progress. ZW stopped out.

FOR THE TRADING DAY OF wednesday, 2022 04 20

News at 10am, 10.30am ET

Indexes: signs that the bears may not be able to keep control. Agressive traders may consider longer-term (back to the top) long positions on YM
Currencies: no new setup
Commodities: GC, SI probably just ran the weak stops, monitoring. NG blow-out top, likely ‘anti’ next.
Financials:
Agriculturals: ZS/ZW in progress

FOR THE TRADING DAY OF tuesday, 2022 04 19

News at 8.30am ET

Indexes: clear bearflag on weekly RTY is seen as a ‘predictor’ of how the more-than-a-decade-old bull market may be shifting. How you can benefit from this information really depends on what timeframe you trade: on intraday timeframes expect a lot of noise (back and forth) before realiable patterns develop.
Currencies: DX strength, 6E/6J monitoring for shorts
Commodities: GC, SI looking for next long, powerful bullflag on weekly SI (make a plan for your account!), NG watch for signs of exhaustion
Financials: ZB/ZN shorts setting up
Agriculturals: ZC on the move, ZS 1R reached, ZW triggered

FOR THE TRADING DAY OF monday, 2022 04 18

Note: European markets are mostly closed today, so expect lower than usual volumes in the US as well. Remember though: good moves are quite possible in thin environments.

Also, we have added ZL, CT, KC to our watchlist. Good looking charts!

No News.

Indexes: clear bearflag on weekly RTY is seen as a ‘predictor’ of how the more-than-a-decade-old bull market may be shifting. How you can benefit from this information really depends on what timeframe you trade: on intraday timeframes expect a lot of noise before realiable patterns develop.
Currencies: 6E/6J monitoring for shorts
Commodities: GC, SI looking for longs, powerful bullflag on weekly SI (make a plan for your account!), great action on NG!
Financials: ZB/ZN expect further shorts setting up
Agriculturals: ZC/ZS longs in progress, ZW breakout setting up

FOR THE TRADING DAY OF thursday, 2022 04 14

Note: long weekend, most markets closed on Friday. No update tomorrow. Holiday schedule. Also note the important markups on the charts below.

News at 8.30am

Indexes: slight bullish potential emerging, mostly on the YM, monitoring for clues on who’s in control on which index. Note that temporary divergence between indexes is not an extraordinary event (e.g. RTY bearish, YM bullish)
Currencies: 6E/6B shorts: no follow-through, stopped out from 6B. 6J working
Commodities: GC, SI expecting further longs
Financials: ZB/ZN shorts setting up
Agriculturals: great opportunities on several markets, ZC long in progress, ZW, ZS looking for longs

FOR THE TRADING DAY OF wednesday, 2022 04 13

Notes: great opportunities on metals, grains.

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

Indexes: ES, NQ, RTY standing by for clues (note the secondary bullflag on the weekly!)
Currencies: 6E/6B shorts
Commodities: GC, SI expecting further longs
Financials: ZB/ZN further shorts expected, standing by for opportunities
Agriculturals: ZC long in progress, ZW, ZS looking for longs

FOR THE TRADING DAY OF tuesday, 2022 04 12

Notes: our way of reading the markets continues to work. A few examples of late:
- excellent prediction of events on Treasuries.
- excellent read on NG
- excellent predictions on 6J
- and now: see yesterday’s analysis on RTY
- action as predicted on ZC
- a few trades that have not worked lately: 6E (but we’re expecting a short now). Also 6S. There were a few other currency setups that have not triggered, in those cases our predictions did not happen, but also: no harm was done, thanks to our entry method.
- our 1R “make sure you get paid” trade management continues to shine even in difficult market environments, which we’re in now.

Also note: futures contracts are huge, too much leverage is risky. The main goal of the professional trader is to ‘stay in the game’, so we can continue to put on trades for years to come. (We have an edge, but we need many trades for our edge to surface and pay us!) Therefore risk management is crucial. Using micro contracts is one way to go, ETFs another. Note: even if you trade the micro contract or an ETF, you ALWAYS look at the standard futures chart, and make decisions on the standard futures contract’s chart, that’s the chart that matters to us, not the micro chart and not the ETF chart!

News at 8.30am ET

Indexes: ES, NQ daily bullflags have failed at a crucial point. RTY back in the middle of range, after failed breakout (and 1700 retest likely, see weekly). Excellent bearflag on 240min RTY into HTF structure (as discussed yesterday).
Currencies: 6J short setup
Commodities: GC looking for long
Financials: ZB/ZN 1R reached, further shorts expected
Agriculturals: ZC long in progress, monitoring for longs on ZW, ZS

FOR THE TRADING DAY OF monday, 2022 04 11

Note: Trade Room open at 10.30am ET

No News

Indexes: conflicting clues on the indexes. Monitoring
Currencies: 6J short setup
Commodities: GC looking for long
Financials: ZB/ZN 1R reached, further shorts expected
Agriculturals: ZC long in progress

6am ET update:

FOR THE TRADING DAY OF friday, 2022 04 08

Note: great trading environment on several markets, in spite of the uncertainties on the indexes

No News

Indexes: RTY back in the range, bulls may regain control on ES, NQ, monitoring closely
Currencies: DX strength, 6E short in progress, 6B short in progress, 6S short triggered, GREAT OPPORTUNITIES THIS WEEK
Commodities: NG 1R reached, runner at work
Financials: ZB/ZN 1R reached, further shorts expected
Agriculturals: ZC long setup

FOR THE TRADING DAY OF thursday, 2022 04 07

News at 8.30 EDT

Indexes: mostly likely shifts in progress after the Fed release: bearflag on weekly RTY, bullflags on daily failing
Currencies: DX strength, 6E short in progress, 6B short in progress, 6S short setup
Commodities: NG 1R reached, monitoring for further strength (but note potential exhaustion)
Financials: ZB/ZN 1R reached, further shorts expected
Agriculturals: ZC long setup

9am EDT update:

FOR THE TRADING DAY OF wednesday, 2022 04 06

News at 10.30 EDT, FED news release at 2pm EDT

Indexes: bullflags intact on daily NQ, ES
Currencies: 6E excellent short in progress, 6B short triggered, 6J 1R reached, 6A 1R reached, BTC long setup
Commodities: NG 1R reached with runner to 6.4
Financials: ZB/ZN 1R reached
Agriculturals:

FOR THE TRADING DAY OF tuesday, 2022 04 05

Note: Excellent opportunities.

News at 8.30 EDT

Indexes: excellent bullflags on daily NQ, ES, you may be long already based on the smaller charts, GREAT OPPORTUNITIES
Currencies: 6E short in progress, 6B, 6J short setups, 6A long in progress, 6N/6C long setups, BTC long setup GREAT OPPORTUNITIES
Commodities: NG long in progress
Financials: ZB/ZN shorts setting up GREAT OPPORTUNITIES
Agriculturals: ZW short dropped (not pursued)

FOR THE TRADING DAY OF Monday, 2022 04 04

No News

Indexes: clear bullish setups on all indexes, monitoring for triggers
Currencies: 6E, 6B short setups, 6A/6N/6C long setups, BTC long setup
Commodities: NG long in progress
Financials: ZB/ZN shorts setting up, but not deep bottom tails
Agriculturals: ZW short in progress

7.30am ET update

FOR THE TRADING DAY OF friday, 2022 04 01

News at 8.30am ET

Indexes: no new information, bullflags forming, monitoring for upside break
Currencies: DX range-bound, making trading major pairs difficult. 6E may turn down (monitoring)
Commodities: NG long in progress, GC/SI may be sneaking to the upside
Financials: ZB/ZN shorts setting up
Agriculturals: ZW short setup, ZS breaks down

7.30am ET update: