Tick-Tock

“You can’t stop the waves, but you can learn how to surf.”
– Jon Kabat-Zinn
If you missed our latest weekly outlook , you can access it here > Video Outlook
Embrace the waiting game, you just need to be patient and let the opportunities come to you. Unfortunately, there is not much to add to what we discussed in the weekly outlook video. Let’s take a look at some of the updated charts/levels that we are focused on:

Waiting Game

“Your mind is like water, when agitated it becomes difficult to see but if allowed to settle, the answer becomes clear.”
– Tsem Tulku Rinpoche
If you missed our latest weekly outlook , you can access it here > Video Outlook
As we have been discussing, it’s just a waiting game now. All about the jobs data and if we get an excuse for the Fed ‘not’ to hike; that’s the big event risk here. Having said that, the market will no doubt continue to try and press extremes as we get closer to these data points and positioning/squaring will pick up.

Waiting for NFP

“Greatness is not found in possessions, power, position, or prestige. It is discovered in goodness, humility, service, and character.”
– William Arthur Ward
If you missed our latest weekly outlook , you can access it here > Video Outlook
Learn to embrace the downtime so that you can give your best when opportunity comes knocking. The tricky part is to avoid having your energy drained watching paint dry but at the same time remaining focused in case something sets up. This change of pace and context is one of the key things to master and one that is always challenging, no matter how long you’ve been doing this.

 

 

Waiting for Trump

“It’s not because things are difficult that we dare not venture. It’s because we dare not venture that they are difficult.”
– Seneca
As we have already discussed, short-term, it’s all about this address to the joint session of Congress. Focus will be of positioning and squaring into and post the session taking place during the o/n session. Could be sporty to say the least…
On the currency side, apart from the the general DXY dynamics, we remain focused on GBP and BREXIT implications.

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Inflection Point?

“That men do not learn very much from the lessons of history is the most important of all the lessons that history has to teach.”
– Aldous Huxley
Once again, it’s all about President Trump. The key focus this week is going to be on the Tuesday address to the joint session of Congress. We’ll have to see how he navigates this and how the markets decide to react and follow-through. Attached are some interesting charts we’ll be stalking.

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Morning Roundup

“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
If you missed out latest weekly outlook , you can access it here > Video Outlook
All eyes will be on the FOMC meeting minutes. We keep on being reminded that markets can remain irrational longer than one can remain solvent but that’s doesn’t mean irrational forever. Market forces will do what they have to do but don’t be surprised when the change of pace will come. Remember that it’s not a question of ‘if’ but simply a question of ‘when’.

vix

Forex & Futures Outlook | 19/02/2017

GBPUSD Video Update