Mood/Sentiment

“In the beginner’s mind there are many possibilities, but in the expert’s there are few” – Shunryu Suzuki

Despite the current mood/sentiment, remember that there will be a lot of even/headline risk over the weekend.
ICYMI > Foundational Sessions are back up > here.
If you are interested in attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate check out our Premium content.
If you are serious about attracting Investor Capital/finding Investible Strategies please check out our dedicated Darwinex page.
Wishing you a great day ahead.

Recent Updates

links to some of the latest open access content for new followers and for those that are looking for a summary of where we stand. Just click on the title to access the post:
‘January Close
‘Penny Still has to Drop
‘FX Focus
‘3 Key Charts
‘Video Update
Wishing everyone all the best for what should be a very interesting week ahead.

Thank You

Today the blog turns 10 years old.
I just wanted to send out a short note to thank everyone for all the support, subscribing and reading.
Enjoy the weekend!

Food for Thought

Click on image to be redirected to the article.

Presented Without Commentary

How we look at charts

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

“My ability to do what is uncomfortable enhances the profitability.” – Richard Driehaus

As we move closer to month and quarter end, our focus across the board remains on the extremes we put in last week. We continue to expect to see a lot of ‘velocity inside range’ and we will not be updating our outlook unless we close outside.
In addition to out lastest video, ICYMI, please check out our: latest blog post with accompanying twitter chart thread.
After yesterday’s detailed outlook video on Crude, subscribers can expect to receive an update on our Tesla strategy along with a bigger picture overview and update on Gold before the end of the week.
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).
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.

Holiday Schedule | Market Updates

Just a quick note to reminder readers that regular ‘blog updates’ will be on hold until the new year.
Please note that sessions for the ‘Daily Webinar Group’ will start again on January 2nd so keep that in mind if you are thinking about subscribing to the service. If you want to subscribe while we are on the holiday break, a recording of our last 5 sessions will be made available to you in order to get you up to speed and keep you busy until we re-start in 2019.
More importantly, if you are interested in subscribing to the ’50 on Markets’ service, please note that it will remain active throughout the holiday period and that we will be releasing a number of key Video Updates before year end.

Out of Office

Just a short post to let everyone know that we’ll be away next week and fully back in action on August 20th.
Our base-case is still that markets are in a choppy topping pattern and are being extremely complacent about Geo-economic / Geo-political risk.
There is a distinct possibility that we may have seen the best data prints of this business cycle and yes, markets continue to be extremely complacent about Geo-economic / Geo-political risk.
The situation in emerging markets is not getting any better and the DXY remains the biggest elephant in the room. In this context and based on recent price action, we still stand by our view that the weekly reversal in USDJPY in July may have rung the warning bell.
We will updated our latest Weekly Outlook when we are back but all in all, no big change.
Please note that any new subscriptions during this period will only be processed on Sunday 19th.
Wishing everyone all the best and see you back soon!