“Every revolution seems impossible at the beginning, and after it happens, it was inevitable.” – Bill Ayers

As we have been discussing, markets have been very complacent in pricing in recent policy shifts and geo-political risk. It finally looks like markets are starting to re-price and despite the fact that a little pause in the recent action would be healthy, we suspect these moves still have some room to run. If you missed out latest update, you can get up to speed with our Latest Weekly Outlook video. Don’t forget it’s month-end / quarter-end and a QT week. Monthly candles will be interesting across the board. We’ll start to review and discuss this in detail as of 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.

“When we strive to become better than we are, everything around us becomes better too.” – Paulo Coelho

All about the central bank bonanza in terms of even risk today. Heads up for comments out of Sintra and therefore the chart of the day has to be DXY. We already discussed this in detail in our Latest Weekly Outlook.

As far as we are concerned, equities are just buying time. We still maintain that markets are extremely complacent here at highs and that internals are not pointing to healthy action. This does not mean they can’t go higher but it looks like we are slowly setting up for another ugly event (continue to keep an eye on Asia).

Don’t forget that the OPEC circus is still on-going and that the wires will be buzzing with developments out of Vienna…

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.

“Patience is not simply the ability to wait – it’s how we behave when we’re waiting.” – Joyce Meyer

No big change to what we discussed in the latest Weekly Outlook Video. It’s just a waiting game into FOMC / ECB and BOJ. As frustrating as it may be, we just have to be patient and understand that opportunity will likely be staked towards the back end of the week and our focus should be on the where we close 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).

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.

“The four most dangerous words in investing are: ‘this time it’s different’.” – John Templeton

If you missed our latest video update, you can see it here > Weekly Outlook.

Keep an eye on the Twitter Feed for a number of interesting charts. Apart from the majors, we are closely watching developments in GS, FB, DB, Gold and Silver just to mention e few.

One of the most interesting charts to keep an eye out on is the DXY. Today’s we will be reviewing the latest range and what this latest failure at highs means for all of the other rotations and swings that are currently in play. Markets remain choppy and thin so we have to be very nimble but we could be on the cusp of some very interesting moves…

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.

“One common adage on this subject that is completely wrongheaded is: you can’t go broke taking profits. That’s precisely how many traders do go broke. While amateurs go broke by taking large losses, professionals go broke by taking small profits. The problem in a nutshell is that human nature does not operate to maximize gain but rather to maximize the chance of gain. The desire to maximize the number of winning trades (or minimize the number of losing trades) works against the trader. The success rate of trades is the least important performance statistic and may even be inversely related to performance.”William Eckhardt

Details on the bigger picture into month-end were discussed in our: Latest Weekly Outlook Video. Furthermore, if you missed it, you can also watch our Looking at the Euro update too. Don’t forget it’s month end and QT day… let’s see what we get!

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.

“Peace ends when you are emotionally involved in a situation. The practice of being an detached observer helps you stay stable and calm. It is the best way to approach a decision in any circumstance.” – bkwsu.org

In case you missed our thoughts for the week > Outlook Video.

Remember that when we have slow data weeks with ECB/BOJ meetings stacked at the back end of the week, the focus is on how we ‘end the week’ not on the action into the meetings. As most reasoned traders will know, there is very little edge in trying to fade drifts into these meeting, especially when the are structural unwinds. Today we will focus on how to position and take advantage of this kind of context.

Here is one of the most important charts on the board (not going to post the chart of the 10 year yield knocking on 3% as everyone is probably sick and tired of seeing it):

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.