For educational purposes only. No information on this page constitutes investment advice. By accessing this page you agree to the Terms and conditions.
Remek! Premium
Actionable market insight for technically motivated directional traders
-
I'm new to this. Where do I start?
Start with the Documentation. See link above. Then you may want to read through the documentation of our software products to see how we go about interacting with the markets.
-
When is this page updated?
We update this page, with our plan and outlook for the next trading day, by midnight Eastern Time prior to every trading session on the US futures markets. We also post updates as necessary during the day (see 'intraday' folder).
-
Your charts are too big for me
This is the most frequent comment we receive. Consider the following:
a) It's important to ask the question: why do we want to trade a given timeframe. If because that's where our edge is, fine. But if we want to trade a timeframe because that's what we think is the only thing we have money for, we're in trouble. We have to pick timeframe not based on our wishes, but on where our verified edge is.
b) Ok, is there some good news?
Yes, lots:
- With us, you'll be trading with an edge. (Without an edge, there is no point in risking a single dollar on the markets.)
- Now, most of our trades are intraday trades, the 240min timeframe still being six times less than a day.
- Also, many of our 240min trade ideas can be adapted to even smaller timeframes by simply waiting for the next pullback on the lower timeframe (LTF) after the 240min trigger.
- Also, many of our trade ideas are on currency futures. On relatively small accounts, they can be executed on forex, which allows more granular risk management.
- Many of our trade ideas can also be executed on ETFs: say, GLD for a GC trade or TLT for bond futures.
- Finally, on smaller accounts trades can be executed with micro contracts (MES, MGC etc.). While some will say "that way you can't make money", our answer is: but one will learn to fish, and that's worth all the money!
It is clear our service allows the capital accumulation process to be implemented on any reasonably-sized account. -
What do "technically motivated" and "directional" mean?
Technically motivated traders make trading/investing decisions based on what price has done in the past. We, as technically motivated traders, do not normally include macroeconomic or fundamental factors (e.g. a given company's financials) into our thinking. We hold the view that patterns can be uncovered in price behaviour alone that have predictive value.
Directional traders expect price to move up or down. For directional traders to make money, price needs to move. Note: there are non-directional trading styles as well, although those are beyond the scope of our focus on these pages.
-
Miscellaneous notes
- Make sure you read the Documentation, become familiar with our Market Scanner, and follow the markets every day to build intuition to make best use of this service.
- We tend to scale back activities on the indexes leading up to FOMC releases, while being aware that the FOMC news release can often serve as a catalyst. We also stay out of intraday trades 10 minutes before and after of major news releases.
- We're often wrong. After all, we work with probabilities, and this work is all about the future, the yet unknown. We judge our work not by how many times we're right or wrong, but - to paraphrase one of the best traders of all time - by 'how much we make when we're right and how much we lose when we're wrong'.
Please note: instead of the live trade rooms, we’ll upload one video about an important aspect of successful trading weekly or as warranted, solely for Premium subscribers. Send in your comments or questions you’d like to be covered in this new video series. Put “Premium videos” in the subject line. Thanks!
Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
All times Eastern Time.
US Futures at a glance
Note: IB 1 = inside bar (daily), IB 2 = two consecutive inside bars. Data supplied by Remek! Inside Bar.
FOR THE TRADING DAY OF Monday, 2024 11 25
Indexes: upside break on the Sunday open, think long, be long, go long.
Currencies: MBT hits 100,000
Commodities: GC classic slide
Financials: standing by
Agriculturals: standing by
FOR THE TRADING DAY OF friday, 2024 11 22
News 9.45am, 10am EST
Indexes: Think long, be long, go long.
Currencies: MBT hits 1R.
Commodities: GC hit 50% middle. SI expected to do same. NG wakes up. Lesson on HG.
Financials: standing by
Agriculturals: ZC complex pullback on 240min, expect trigger.
FOR THE TRADING DAY OF thursday, 2024 11 21
News 8.30am, 10am EST
Indexes: daily evolving as expected. Think long.
Currencies: long on MBT.
Commodities: GC/SI moving towards the 50% middle (this is what we call a mean reversion trade on the daily.)
Financials: standing by
Agriculturals: ZC daily about to trigger.
FOR THE TRADING DAY OF Wednesday, 2024 11 20
News 10.30am EST (CL)
Note: Tuesday’s price action confirms what we said on Monday. There is no new information, there’s nothing I can add to what was said yesterday. Everything you need is on the charts below. The job for Wednesday is well-defined, see notes below. We rock!
Indexes: reason to be long.
Currencies: New long setup on MBT. Target the next round number (100000)
Commodities: GC/SI reason to be long.
Financials: standing by
Agriculturals: ZC daily about to trigger.
FOR THE TRADING DAY OF tuesday, 2024 11 19
News 8.30am EST
Indexes: reason to be long.
Currencies: New long setup on MBT. Target the next round number (100000)
Commodities: GC/SI reason to be long.
Financials: standing by
Agriculturals: ZC daily about to trigger.
FOR THE TRADING DAY OF Monday, 2024 11 18
News.
Indexes: new longs in the works, wait for trigger!
Currencies: several majors have hit 1Rs. Wait for proper setup/trigger. New long setup on MBT/BTC.
Commodities: GC/SI may be building a base for the next long.
Financials: standing by
Agriculturals: ZC long setup on daily.
FOR THE TRADING DAY OF friday, 2024 11 15
News at 8.30am, 9.15am EDT
Note: majors hit 1R. No new information, no video necessary. Keep an eye on the intraday folder in the morning.
Indexes: new longs, wait for trigger!
Currencies: 6S, 6B, 6A, 6N 1Rs. New long setup on MBT/BTC.
Commodities: standing by.
Financials: standing by
Agriculturals: standing by
FOR THE TRADING DAY OF Thursday, 2024 11 14
News at 8.30am EDT (expect a catalyst!)
Note: apologies for the audio problems in the video
Indexes: long setups in the works, wait for triggers.
Currencies: 6S, 6A, 6N shorts in progress or 1R. Long on MBT/BTC.
Commodities: standing by.
Financials: standing by
Agriculturals: standing by
FOR THE TRADING DAY OF Wednesday, 2024 11 13
News at 8.30am EDT (expect a catalyst!)
Indexes: long setups in the works.
Currencies: 6S, 6A, 6N shorts in progress. Long on MBT/BTC.
Commodities: standing by.
Financials: standing by
Agriculturals: standing by
FOR THE TRADING DAY OF tuesday, 2024 11 12
Note: no new information, no video necessary.
Indexes: all times high. Wait for setup if not trailing longs.
Currencies: 6S short in progress. Long on MBT/BTC.
Commodities: standing by.
Financials: standing by
Agriculturals: standing by
FOR THE TRADING DAY OF monday, 2024 11 11
Indexes: all times high. Wait for setup if not trailing longs.
Currencies: 6S short setup. Long on MBT/BTC.
Commodities: standing by.
Financials: standing by
Agriculturals: standing by
FOR THE TRADING DAY OF friday, 2024 11 08
Indexes: ES 6000, NQ 21200, RTY 2400. Profit-taking area.
Currencies: DX strength may level out, keep an eye on the 6E. Long on MBT/BTC.
Commodities: metals short setups, but I’m not interested.
Financials: Standing by
Agriculturals: ZC, ZS hit 1R. (see yesterday’s vid)
FOR THE TRADING DAY OF Thursday, 2024 11 07
News 2pm EDT FED!
Note: the task is relatively straightforward. Make sure you benefit from the stampedes between now and Xmas.
Indexes: look for or be long.
Currencies: DX strength. Short setups on all majors (6C may be an exception, see reasons under CL). Bitcoin rips.
Commodities: metals priced in USD, lower prices make sense due to DX strength. Drop most likely temporary. PL may be moving up. CL (energies) long setup.
Financials: Standing by
Agriculturals: moving up, look for setups if active on these markets.
FOR THE TRADING DAY OF Wednesday, 2024 11 06
Note: US Elections. No positions. Stay tuned.
Indexes: flat. Bullish bias. Exercise caution this week.
Currencies: flat. Exercise caution this week.
Commodities: SI what looks like the beginning of a long
Financials: Standing by
Agriculturals: Standing by.
FOR THE TRADING DAY OF Tuesday, 2024 11 05
Note: US Elections. No positions. Stay tuned.
Indexes: flat. Exercise caution this week.
Currencies: flat. Exercise caution this week.
Commodities: SI what looks like the beginning of a long
Financials: standing by
Agriculturals: Standing by.
FOR THE TRADING DAY OF Monday, 2024 11 04
Note: US Elections: caution advised. Impossible to say how the political events will effect our charts this week. I’m starting the week flat, and not in a rush to get involved. We’ll keep monitoring events in the coming weeks, keep an eye on this page and also on the intraday folder. If I must say something, I would say, we’re likely to be higher on the indexes, MBT and metals in a week or two, but not without large swings. Stay tuned.
Indexes: flat. Exercise caution this week.
Currencies: flat. Exercise caution this week.
Commodities: flat. Exercise caution this week.
Financials: standing by
Agriculturals: Standing by.
FOR THE TRADING DAY OF friday, 2024 11 01
News 8.30am, 10am EDT
Note: the day when nothing worked… short term. Our longer term, weekly views (indexes, metals) are unchanged.
Indexes: ES, NQ losers on the daily.
Currencies: MBT stopped out on 240min
Commodities: GC, SI stopped out on 240min
Financials: standing by
Agriculturals: Standing by.
Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.