Chart of the Day

“The gap between what you say and what you do, between what you promise and what you deliver, is like a drain in the road. The drain is where water escapes, just as your power will seep away if there is a difference between your words and your actions. Ask yourself everyday, were your thoughts, words and actions aligned? Ask someone else what they saw in you too. Feedback is the food of all positive change.” – bkwsu.org
Heads up for a lot of headline risk on Crude today out of the JMMC in Jeddah. No real change to the bigger picture discussed in out latest Weekly Outlook Video.
Remember; Bulls, Bears Make Money, Pigs Get Slaughtered. As we get closer to the end of the April it is important to remember that despite the fact that it has been a very good month so far in terms of setup and opportunities, in the long-run, it pays to stick to the plan and not get distracted by the action. Today’s session will focus on this and managing open positions whilst being aggressive with ‘house money’ without increasing exposure.
We would suggest you also keep a close eye on the whole fixed income complex and take a look at the sustained heavy action on the Shanghai Composite.
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.

Charts in Focus

“Challenges are what make life interesting; overcoming them is what makes life meaningful.” – Joshua J. Marine
Bigger picture discussed in out latest Weekly Outlook Video.
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

“While there have been some spectacular front-cover traders, the ones who amass fortunes year after year tend to stay in the background. At the very least, they display a simple and down-to-earth approach to markets if they are ever interviewed.” – Clifford Bennett
Bigger picture discussed in out latest Weekly Outlook Video.

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.

Charts in Focus

“Stopping out of a position may give the appearance of defeat, but it is not meant to necessarily signal total defeat. While others may see it that way, you must never be fooled. Stopping out of losing positions is the only sure way to maintain survival in difficult conflicts and to achieve the complete victory that is your aim. To learn how to live to fight another day is the best advice that all traders can be given. Not only is it the smart thing to do, but in the long run, the prevention of injury will act as a major building block of total victory. The warrior trader retreats not just to fight another day, but to fight a better day.” – Clifford Bennett
Here are some of the charts we will be discussing today:

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 | 15/04/2018

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.

Choppy Waters

“Each life is made up of mistakes and learning, waiting and growing, practicing patience and being persistent.” – Billy Graham
It’s still all about headlines and tweet risk; that’s where we’re at. It will be interesting to see how markets decide to position themselves ahead of the weekend. We are hovering around some key inflection points and we will discuss these in detail later on today and in the Sunday video.
The key charts from yesterday remain in play, as do the key themes discussed in our latest outlook video.
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.

Event-Risk

“If one does not know to which port one is sailing, no wind is favorable.” – Seneca
Once again, as discussed in our latest Weekly Outlook Video; we are still seeing a lot of ‘velocity of move’ inside recent ranges. Our base case has not changed and recent action in GC/JPY/CHF may indeed be the tell on what is coming.
Here are some key charts we will be focusing on today:

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.

Mid-Week Update

“We are too much accustomed to attribute to a single cause that which is the product of several, and the majority of our controversies come from that.” – Marcus Aurelius
As discussed in our latest Weekly Outlook Video; we are still seeing a lot of ‘velocity of move’ inside recent ranges. Our base case has not changed and recent action in GC/JPY/CHF may indeed be the tell on what is coming. Here is today’s morning call:
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

“The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge.” – Stephen Hawking
Not much to add to our latest Weekly Outlook Video; patience is the name of the game…
Here is today’s chart of the day/trade in focus:
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.