Chart of the Day

“The greatest fear in the world is of the opinions of others. And the moment you are unafraid of the crowd you are no longer a sheep, you become a lion. A great roar arises in your heart, the roar of freedom.” – Osho

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Chart of the Day

“Both optimists and pessimists contribute to society. The optimist invents the aeroplane, the pessimist the parachute.” – George Bernard Shaw

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Chart of the Day

“The victory of success is half won when one gains the habit of setting goals and achieving them. Even the most tedious chore will become endurable as you parade through each day convinced that every task, no matter how menial or boring, brings you closer to fulfilling your dreams.” – Og Mandino

ICYMI > Foundational Sessions are back up > here.
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Chart of the Day

“My strategy works well because it’s my strategy. I know the strengths and, more importantly, the weaknesses of what it is I do. It also works well because I allow it to work and stick with it even when it runs into difficult times. Nothing works well if you keep changing your approach. To be a master you must be a specialist, not a jack of all trades.” – Mark Minervini

ICYMI > Foundational Sessions are back up > here.
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Chart of the Day

“Every winner needs to master three essential components of trading; a sound individual psychology, a logical trading system and good money management. These essentials are like three legs of a stool – remove one and the stool will fall, together with the person who sits on it. Losers try to build a stool with only one leg, or two at the most.” – Alexander Elder

Base-case assumption remains that after the fairly classic action we witnesses last week, FOMC + OpEx drift dynamics will largely be in control this week. Keep an eye on the VIX (one of the best ‘tells’) and remember that a lot will also be viewing this ramp in the context of getting ready for ‘Sell Rosh Hashanah / Buy Yom Kippur’.
ICYMI > Foundational Sessions are back up > here.
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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

Lines in the sand as we tackle September Triple Witching this week:
ICYMI > Foundational Sessions are back up > here.
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Chart of the Day

“Indecision and procrastination are corrosive habits. Those who wait for every little thing to be perfect before they embark on a project or who dislike the compromise of a partial solution are among the least happy. Ideal circumstances are seldom given to anyone for an undertaking. Instead there is uncertainty in every situation. The wise are those who can wrest great advantage from circumstances opaque to everyone else.” – 365 Tao: Daily Meditations

ICYMI > Foundational Sessions are back up > here.
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Chart of the Day

“The true purpose is to see things as they are, to observe things as they are, and to let everything go as it goes.” – Shunryu Suzuki

Following on from yesterday’s post (here), focus on how FAANG+M trade following these technical reactions at the 50DMAs.
As we have been discussing, we came into the week looking for a tradable swing low for a move back up into OpEx shenanigans next week.
In today’s webinar session we will discuss yesterday’s action along with what to expect on a traditional ECB day and how this would tend to play out within the current context and FX rotations.
ICYMI > Foundational Sessions are back up > here.
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Charts of Day

“If you always put limit on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them.” – Bruce Lee

ICYMI > Foundational Sessions are back up > here.
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