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

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'.

Please note: instead of the live trade rooms, we’ll upload one edited video about an important aspect of successful trading weekly, only for Premium subscribers. Send in your comments or questions you’d like to be covered in this new video series. Put “Premium videos” in the subject line. Thanks!

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 should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

major futures markets at a glance

FOR THE TRADING DAY OF tuesday, 2022 05 31

News at 10am EST

Indexes: back to neutral, waiting if price can stabilize in the upper Keltner
Currencies: standing by, consolidation expected on the weekly
Commodities: CL long in progress, HO long triggered
Financials: ZB/ZN shorts setting up
Agriculturals: ZS practically 1R on 240min, expected to break out of range on the daily ZW expected to move up (volatility compression on weekly)

FOR THE TRADING DAY OF monday, 2022 05 30

US Memorial Day. Markets closed.

FOR THE TRADING DAY OF friday, 2022 05 27

News at 8.30am

Indexes: short potential weakens, if flat, stay flat
Currencies: DX standing by
Commodities: CL long in progress, HO long triggered
Financials: ZB/ZN monitoring for shorts
Agriculturals: ZS tests previous high, it’s okay to remove profits

FOR THE TRADING DAY OF thursday, 2022 05 26

Note: very little new information since yesterday (which we tend to see more of in the summer months)

News at 8.30am

Indexes: RTY short setup intact. In general, we’re bearish unless price breaks above the previous breakout level (4100 area on the ES)
Currencies: DX move to the upside expected, looking for shorts on major pairs (6E, 6A, 6J). Also BTC.
Commodities: CL long in progress, HO long triggered, SI short settin up (see yesterday’s video), NG hits 1R (and tests multi-year high)
Financials: ZB/ZN monitoring for shorts (ignoring long setups on 240min since we’re still in a dialy bearflag)
Agriculturals: ZS long setup looks good

FOR THE TRADING DAY OF wednesday, 2022 05 25

Note: not much has changed since yesterday. 2pm news release may serve as a catalyst.

News at 8.30am, 10.30am, FOMC news release at 2pm EST

Indexes: shorts setting up, RTY looks best
Currencies: DX move to the upside expected, looking for shorts on major pairs
Commodities: CL long in progress, HO long setup, watching SI (see yesterday’s video)
Financials: ZB/ZN monitoring for shorts
Agriculturals: ZS long setup

FOR THE TRADING DAY OF tuesday, 2022 05 24

News at 9.45am, 10am EST

Indexes: shorts setting up, RTY looks best
Currencies: DX standing by
Commodities: CL long in progress, HO long setup
Financials: ZB/ZN monitoring for shorts (may take a few days)
Agriculturals: ZS long setup

FOR THE TRADING DAY OF monday, 2022 05 23

No News

Indexes: expect more downside
Currencies: DX bullflag forming, looking to short major pairs if triggered
Commodities: CL long in progress
Financials: ZB/ZN monitoring for shorts (may take a few days)
Agriculturals: ZS 1R hit, now most likely retesting previous high

FOR THE TRADING DAY OF friday, 2022 05 20

No News

Indexes: RTY bearflag
Currencies: DX bullflag forming, looking to short 6B/6A/6E/6N/6J
Commodities: CL long in progress, GC/SI shorts setting up
Financials: ZB/ZN monitoring for shorts
Agriculturals: ZS 1R hit

FOR THE TRADING DAY OF thursday, 2022 05 19

News at 8.30am, 10am EST

Indexes: two trending days in a row, further meltdown expected, RTY (and other indexes) short in progress
Currencies: DX bullflag forming, looking to short 6B/6A/6E/6N
Commodities: CL long in progress, hesitating but trade valid, GC/SI shorts setting up
Financials: ZB/ZN shorts expected, but just not yet
Agriculturals: ZS long, others haven’t triggered

FOR THE TRADING DAY OF wednesday, 2022 05 18

News at 8.30am

Indexes: “trending day likely” we said yesterday, and basically that’s we got (wasn’t easy to trade it though… never is). That said, the structure we’re building on the daily timeframe is most likely a bearflag. We’ll be monitoring as it unfolds.
Currencies: DX retreats, standing by
Commodities: CL long in progress
Financials: ZB/ZN shorts setting up
Agriculturals: ZS/ZC long in progress, ZL long setup

FOR THE TRADING DAY OF tuesday, 2022 05 17

News at 8.30am, 9.15am EST

Indexes: trending day likely (price action), potentially leading to a measured move on the 240min and a retest of the breakout area on the daily (latter two: market structure). All part of ‘mean reversion’ as pointed out yesterday. This is how it all comes together.
Currencies: DX retreats, standing by
Commodities: CL long in progress
Financials: ZB/ZN monitoring for shorts
Agriculturals: ZW 1R hit, longs setting up or in progress on ZS/ZC/ZL

FOR THE TRADING DAY OF monday, 2022 05 16

No News

Indexes: With the last moves hitting 1R, expect mean reversion next.
Currencies: Great two weeks behind us. Expect first bullflag on DX after the breakout. So careful with the shorts on major pairs (one way to do it: take the trade but use half size). That said, we’re ready for more shorts in triggered in.
Commodities: HO bullflag, CL expecting a move up (note completet measured move on 240min). GC hit 1R, SI breaks support, moves done, standing by.
Financials: ZB/ZN monitoring for shorts (setting up)
Agriculturals: excellent conditions: looking for longs on ZW/ZS/ZC/ZL. ZL breaking out on 240min

FOR THE TRADING DAY OF friday, 2022 05 13

No News

Indexes: 1R on the ES. RTY hits 1700. NQ retraces 50% to test April 2020 low.
Currencies: great trading environment, DX strength, shorts on 6E, 6J. Slide study on 6S. MBT 1R
Commodities: HO bullflag, CL expecting a move up. GC 1R, SI breaks support
Financials: ZB/ZN monitoring for shorts (not set up yet)
Agriculturals: excellent action, ZW daily triggers, ZL long setup on daily, ZS expected to visit upper range, ZC long setup on daily

FOR THE TRADING DAY OF thursday, 2022 05 12

News at 8.30am EST

Indexes: continue to slide. RTY at 1700 area (we’re humble, but see past videos, we made this “keep a runner” call ahead of time)
Currencies: DX strength, 6E triggered, monitoring 6J. MBT breaks down (another good call)
Commodities: HO bullflag, CL expecting a move up. GC/SI short setups
Financials: ZB/ZN monitoring for shorts (not set up yet)

FOR THE TRADING DAY OF Wednesday, 2022 05 11

News at 8.30am EST

Indexes: monitoring for shorts on a breakdown
Currencies: DX strength, monitoring for shorts on 6E, 6J. MBT 1R hit, monitoring for bearflag
Commodities: HO excellent bullflag, CL expecting a move up. KC measured move completed on daily, monitoring bearflag
Financials: ZB/ZN monitoring for shorts (not set up yet)

FOR THE TRADING DAY OF tuesday, 2022 05 10

Please watch video to the end.

No News

Indexes: 1R hit on RTY
Currencies: DX strength, monitoring for short on 6E, 6J. MBT 1R hit
Commodities: CL/HO long potential. KC 1R hit
Financials: ZB/ZN monitoring for shorts

FOR THE TRADING DAY OF monday, 2022 05 09

Please note there will be no Trade Room today. Please send in your questions and we’ll upload a pre-recorded Q&A. Thanks!

No News

Indexes: short in progress on RTY
Currencies: DX strength, monitoring for short on 6E, 6J, MBT short in progress
Commodities: CL expected. KC short in progress
Financials: ZB/ZN shorts in progress

FOR THE TRADING DAY OF friday, 2022 05 06

News at 8.30am

Indexes: bearish potential, monitoring for short on daily RTY
Currencies: DX strength, monitoring for short on 6E, 6J
Commodities: HO long, CL long triggered, NG 1R
Financials: ZB/ZN short setups
Agriculturals: standing by

FOR THE TRADING DAY OF thursday, 2022 05 05

News at 8.30am

Indexes: uncertainty, standing by
Currencies: DX consolidation, standing by
Commodities: HO triggering on 240min, CL long triggered, NG 1R
Financials: ZB/ZN short setups
Agriculturals: standing by

FOR THE TRADING DAY OF wednesday, 2022 05 04

News at 8.30am, 10.30am (CL/HO). FED news release 2pm EST

Indexes: no trades planned before FED release
Currencies: DX consolidation, standing by
Commodities: HO strength, CL long triggered, NG bullflag pressing into resistance
Financials: ZB/ZN look for further shorts (FED may be catalyst)
Agriculturals: monitoring for long on ZC

FOR THE TRADING DAY OF tuesday, 2022 05 03

No News. FED week, news release Wed 2pm. expect slower than usual action on tue and wed morning.

Indexes: quiet, standing by
Currencies: DX further strength, look for shorts on 6J, 6E
Commodities: HO strength, CL long moves expected, GC at lower Keltner, monitoring for bearflag
Financials: ZB/ZN look for further shorts (bearflags)
Agriculturals: on the sidelines

FOR THE TRADING DAY OF monday, 2022 05 02

News at 10am EST. Also: FED week, news release Wed 2pm. expect slower than usual action on tue and wed morning.

Indexes: 4 WEEKLY downbars point to the changes in market sentiment. Note: bull markets are not usually followed by bear markets, but by sideways range-bound consolidations (aka barbed wire environment, so extreme caution is advised: do not give back the money you made in the bull market!)
Currencies: DX further strength expected, on the lookout for opportunities on major pairs (but not in a rush)
Commodities: HO, CL long moves expected
Financials: ZB/ZN look for further shorts (bearflags)
Agriculturals: on the sidelines, manage existing positions if any

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 should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.