Earning Through Darwinia

If you are focused on continually improving performance, wanting to operate in a professional environment and potentially earn additional monies from your trading activity, then Darwinex is really a no-brainer.
Darwinex allows you to legally market your trades for a 20% investor success fee without any of the hassle involved in setting up and getting regulated for a managed accounts business. Furthermore, this is done protecting your intellectual property by never disclosing live trades and in addition, offering you a whole host of analytics, as well as access to a serious investor pool. Basically, you have a lot of upside with no downside.
Please note that we are talking about a serious platform, for serious traders, with realistic expectations. This is not something for gunslingers, get-rich-quick-aficionados and/or storytellers. You don’t necessarily have to be consistently profitable yet but you do have to have the intention of doing things the right way and the Darwinex platform offers you the possibility to do this. Furthermore, Darwinex independently rewards traders by investing their own funds backing the best strategies (current allocation is 4M Euro per month).
Advantages of registering through 50Scouts:
  • gives you the opportunity to get backed by 50Scouts funds.
  • allows you to benefit from a number of special member webinar sessions; ranging from best practices, strategy optimization, attracting investor monies and special updates from Darwinex available only to group members.
  • offers you the possibility benefit from a free 30m one-to-one call once you have reached the minimum experience level to launch your Darwin. Basically a mini mentoring session with 50.
  • entitles you to receive special invitations to attend select Weekly Webinar Learning Group Sessions (usually once per month).
  • as an Investor: not only allows you to benefit from all the trader benefits listed above but also gives you access to Darwin performance/selection webinars and offers you the possibility to qualify for a free 30m one-to-one call to review your portfolio and selection criteria.

Chart of the Day

“Some people are always grumbling because roses have thorns; I am thankful that thorns have roses.” – Alphonse Karr
As we discussed in yesterday’s session, the main development was the cocaine-angel ramp action on USDCNH. It was only a matter of time before someone pointed it out to President Trump and our focus was to position short on USDJPY and USDCHF. Don’t forget to keep an eye on the $SHCOMP and the USDCNH. Remember that the full Trump interview will be out today at 6 AM EST.
Once again, we are going to sound like a broken record but the market is extremely complacent and completely ignoring Geo-political and Geo-economic risk. As you should know, this usually ends with the velocity of move being to the downside; stairs up and elevator down.
Another thing we have been focused on in the sessions is how we are using Netflix as our overall barometer for current market action and the topping process. Our base-case remains that there is a good chance that some kind of a top is already in and that the NQ is just the last man standing and being a bit difficult. If indeed we are going to correct across the board, NFLX was the tell and if not already short on one of those two gap downs, the play was to sell the 50back of the latest bigger gap-down. More on this in today’s session…
No change to what we discussed in our latest Weekly Outlook Video, and as always, keep an eye on the Twitter Feed for updated charts and commentary.
Wishing you a great day ahead.

Chart of the Day

“I learned how to play poker at a very young age. My father taught me the concept of playing the percentage hands. You don’t just play every hand and stay through every card, because if you do, you will have a much higher probability of losing. You should play the good hands, and drop out of the poor hands, forfeiting the ante. When more of the cards are on the table and you have a very strong hand — in other words, when you feel the percentages are skewed in your favor — you raise and play that hand to the hilt. If you apply the same principles of poker strategy to trading, it increases your odds of winning significantly. I have always tried to keep the concept of patience in mind by waiting for the right trade, just like you wait for the percentage hand in poker. If a trade doesn’t look right, you get out and take a small loss; it’s precisely equivalent to forfeiting the ante by dropping out of a poor hand in poker. On the other hand, when the percentages seem to be strongly in your favor, you should be aggressive and really try to leverage the trade similar to the way you raise on the good hands in poker.” – Gary Bielfeldt
DXY remains a key piece of the puzzle and one of the most important charts to keep on the radar. It’s all about how we trade here at the 95s as we see the majors in key zone and attempting reversals. As discussed, day closes are interesting but we really have to see how we close the week and potentially the month. It’s a tricky zone prone to sending a lot of mixed messages.
Don’t forget to keep an eye on bonds today. Should get interesting…
No change to what we discussed in our latest Weekly Outlook Video, and as always, keep an eye on the Twitter Feed for updated charts and commentary.
Wishing you a great day ahead.
Note for active 50Scouts members: webinar session pass postponed to next week.

Chart of the Day

“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” – Winston S. Churchill
Dip buyers were at it again yesterday as the shenanigans continue on yen and gold. As we have been discussing and not to sound like a broken record, the markets are being extremely complacent here. This does not mean that they can’t trade higher but it means that the real ‘velocity of move’ risk is to the downside. Having said that, even if our base case still remains that we should trade sideways to heavy into the end of the month, we are very much aware of the fact that there is a distinct possibility of a melt-up squeeze, especially in the NQ as it hovers around all time highs.
Today we will discuss and review the Netflix chart in detail once again and discuss how it will likely be key in understanding hot strong yesterday’s moves really were and if indeed they can get traction.
No change to what we discussed in our latest Weekly Outlook Video, and as always, keep an eye on the Twitter Feed for updated charts and commentary.

Note for active 50Scouts members: *make sure you read out latest update* and keep an eye on your inbox for a free pass to Friday’s daily webinar session (make sure to check your spam folder too).
As always, there is no substitute for real-time/live action; if you are interested in attending a daily morning call into NY with a more detailed live discussion on all the charts and ideas we highlight/review in the outlook video and here on the blog, you should check out our Daily Webinar Group.
Wishing you a great day ahead.

Chart of the Day

“We live in a fantasy world, a world of illusion. The great task in life is to find reality.” – Iris Murdoch
No change to what we discussed in our latest Weekly Outlook Video, and as always, keep an eye on the Twitter Feed for updated charts and commentary.
All and only about Netflix today. Apart from repeatedly banging the drum on the fact that markets are being extremely complacent, we have been highlighting Netflix action into and post earning as a potential key catalyst for market action into the end of the month and a traditionally weaker period for equities. Bears have a real chance to get some traction and they have to keep pressure on today post the likely big gap down open. The story is developing and it’s all about follow-through and a potential domino effect.

Note for active 50Scouts members: *make sure you read out latest update* and keep an eye on your inbox for a free pass to Friday’s daily webinar session (make sure to check your spam folder too).
As always, there is no substitute for real-time/live action; if you are interested in attending a daily morning call into NY with a more detailed live discussion on all the charts and ideas we highlight/review in the outlook video and here on the blog, you should check out our Daily Webinar Group.
Wishing you a great day ahead.

Forex & Futures Outlook | 15/07/2018

Note for active 50Scouts members: *make sure you read out latest update* and keep an eye on your inbox for a free pass to Friday’s daily webinar session (make sure to check your spam folder too).
Wishing you a great week ahead.

Skilled vs Lucky

If you are focused on continually improving performance, wanting to operate in a professional environment and potentially earn additional monies from your trading activity, then Darwinex is really a no-brainer.
Darwinex allows you to legally market your trades for a 20% investor success fee without any of the hassle involved in setting up and getting regulated for a managed accounts business. Furthermore, this is done protecting your intellectual property by never disclosing live trades and in addition, offering you a whole host of analytics, as well as access to a serious investor pool. Basically, you have a lot of upside with no downside.
Please note that we are talking about a serious platform, for serious traders, with realistic expectations. This is not something for gunslingers, get-rich-quick-aficionados and/or storytellers. You don’t necessarily have to be consistently profitable yet but you do have to have the intention of doing things the right way and the Darwinex platform offers you the possibility to do this. Furthermore, Darwinex independently rewards traders by investing their own funds backing the best strategies (current allocation is 4M Euro per month).
Advantages of registering through 50Scouts:
  • gives you the opportunity to get backed by 50Scouts funds.
  • allows you to benefit from a number of special member webinar sessions; ranging from best practices, strategy optimization, attracting investor monies and special updates from Darwinex available only to group members.
  • offers you the possibility benefit from a free 30m one-to-one call once you have reached the minimum experience level to launch your Darwin. Basically a mini mentoring session with 50.
  • entitles you to receive special invitations to attend select Weekly Webinar Learning Group Sessions (usually once per month).
  • as an Investor: not only allows you to benefit from all the trader benefits listed above but also gives you access to Darwin performance/selection webinars and offers you the possibility to qualify for a free 30m one-to-one call to review your portfolio and selection criteria.

SPX in Context

“I think investment psychology is by far the more important element, followed by risk control, with the least important consideration being the question of where you buy and sell.” – Tom Basso
Just wanted to put out a short post in response to a wave of comments/questions regarding when we will break out to new highs and why we are not getting long equities and why we sound so cautious.
With all these headlines and constant news flow, it’s important to step back and make sure we have a good understanding for where markets are: essentially, we are going nowhere.
We could easily highlight the shorter-term move and the series of higher highs and higher lows since the April low but the bigger point is that the market is still inside the January/February correction area. As we said back then, we would not be surprised if the market stayed stuck inside this range for the better part of the year. However, the other more salient point is that, as Geo-economic and Geo-political risks keep on building up, it is really hard to find a reason/justification for why we should beak and hold above the all time high.
As always, context is key and for now, this is still just one big trading range. We’ll discuss trading ranges and how we like to engage in them in more detail in one of our upcoming update videos.
No change to what we discussed in our latest Weekly Outlook Video, Keep an eye on the Twitter Feed for updated charts and commentary.
Wishing everyone a great day ahead.

Morning Update

“Safety and comfort comes with complacency, and that’s never a good place to be working from.” – Elijah Wood
Once again, as we have been discussing, markets are being extremely complacent about Geo-economic and Geo- political risk. Our base case remains that we are going to trade heavy/risk-off into the end of the month.
Today should be an interesting day. Among other things, keep an eye out for: the US-China escalating trade war, more Trump headlines, possible multi-billion EU fine for Google and for the findings of the UK criminal investigation into Facebook. Clearly the focus is going to be on action in the Nasdaq.
No change to what we discussed in our latest Weekly Outlook Video, Keep an eye on the Twitter Feed for updated charts and commentary.
Wishing everyone a great day ahead.