Friday Focus

“Nothing defines humans better than their willingness to do irrational things in the pursuit of phenomenally unlikely payoffs. This is the principle behind lotteries, dating, and religion.” – Scott Adams

As we get ready to properly kick-off earning season, these are 3 of the key charts we will be focusing on and reviewing today:
For newer readers, it’s always worth catching up on our Trading Reflections post.
If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

Chart of the Day

“Don’t judge everyone else by your own limited experience.” – Carl Sagan

Remember that we are getting closer to the bulk of the earning season releases.
Indices continue to hover and grind towards all time highs in a low volume zombie like fashion… we suspect that we are getting closer and closer to a firework display, make sure to have your popcorn ready.
Today we’ll go through a deep dive into the DXY and what the broader flows are pointing to.
For newer readers, it’s always worth catching up on our Trading Reflections post.
If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

Mid-Week Update

‘In the people we hire, I am looking for traders who have discipline and physical fitness. People who are committed usually have a good chance of success. If they don’t succeed it’s not usually for a lack of trying. We don’t want the type of guy who turns up late for the cricket team, doesn’t come to nets, doesn’t concentrate on his batting, and then can’t understand why he doesn’t get any runs. Whereas if he’s got the ability, it’s particularly frustrating. You, however, may be the guy who’s not outstandingly talented, but you’re always on time, come to nets, you get your eye in, know your game. You always get the 30s and 40s, the uncommitted guy may get the hundreds, but he’ll get as many ducks. When you look at the averages at the end of the year it’s you who’s ahead. We would rather have you who’s steady and notches up. You’ll sleep better. You might not have as much fun, and as many stories to tell, and you may be viewed as boring, but so what? We’re not interested in wild cards. We’re not interested in the gung-ho and impulsive. We want the stable and steadfast.’ – David Kyte

Moving on from our latest Weekly Outlook Video, here are some of the charts we will be focusing on and reviewing in today’s webinar session:
For newer readers, it’s always worth catching up on our Trading Reflections post.
If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

Outlook Video

For newer readers, it’s always worth catching up on our Trading Reflections post.
If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

ECB Week

“In the history of the financial markets, arrogance has destroyed far more capital than stupidity.” – Jason Trennert

here are some of the key charts we will we focusing on as we head into ECB and FOMC Minutes week:
For newer readers, it’s always worth catching up on our Trading Reflections post.
If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

Chart of the Day

“What this power is I cannot say; all I know is that it exists and it becomes available only when a man is in that state of mind in which he knows exactly what he wants and is fully determined not to quit until he finds it.” – Alexander Graham Bell

If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

On the Radar

“Magnitude of losses and profits is purely a matter of position size. Controlling position size is indispensable to success. Of all the traits necessary to trade successfully, this factor is the most under-valued.” – Mark Ritchie

ICYMI, on top of the usual Weekly Outlook, we also opened up access to one of our tactical updates this week > Euro and Swissy.
RTY, DXY and CL are three of the key charts we will be focusing on and reviewing today. They are all hovering around key resistances and how we settle post NFP will likely be key for the next swing moves.
All in all, our thinking is still in line with our Monday Morning Update.
If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

Euro and Swissy

Following questions regarding yesterday’s Euro commentary on Twitter, we have decide to open-up access to one of our recent video updates in order to try and clarify and highlight our thinking.
If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.

Outlook Video

If you are interested in a more structured way of tackling the business of trading, attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate to check out our Premium content.
Wishing you a great day ahead.