For next week

To quote a trading legend we’ve learned so much from, “things happen when nobody’s paying attention”. Well, in that spirit, we invite you to look at the charts below.

So much focus has been placed on the “idiotic” moves on the indexes (including the rarely-seen failure of an instant reversal - see the ES chart below) this past week, that it’s easy to lose sight of what seismic shifts may be happening in other asset classes. See the charts below, what do you see?

• The 6E, being basically the DX upside down, shows that we can expect the resumption of the weakening of the USD. Meaning, our job will - always add: most likely - be to look for opportunities on major currency pairs (6E, 6S, 6A, 6N etc.) on the long side in the coming days and weeks.

• After a week of a pause in buying (which, note, did not result in a major selloff, itself a bullish sign), money started to pour into GC again (and on a Friday, and with the high of the day at the close!). So now we do expect the sideways consolidation to break to the upside in the coming days. Whether gold will be 5000 soon, we will not speculate, that’s not a question we ask ourselves. What we focus on is always the next 1R trade, with the potential of keeping a runner. (What recent events on GC may mean for the SI - as well as PL and PA - we have covered in many videos before, check them out!)

• Also look at ZB (and ZN/ZF). US treasuries still being the ultimate safe heaven (for the time being, anyway), the commencement of the pouring of money into treasuries with such force, and concurrently with the two other events we have noted above (6E and GC), points to - further - potential trouble on US equities.

  To quote a rock’n’roller, strange days indeed… But also days which many will profit from. Make sure you’re ready for next week, make sure you have our technology (The Remek! Standalones: PRO STR, BT and BTX) on your trade desk and make sure you have internalized our method of trading crowd behaviour!

Your Remek! Trade Desk

A recap of the power of our charts and our Market Scanner Pro

• our charts and our Remek! Market Scanner Pro (MSP) are driven by the same algorithm and therefore are in sync

• in the example below you see the default settings: both the setup and the signal are calculated on the 240 min timeframe

• you can customize the timeframe in the Market Scanner Pro to any timeframe to fit your needs, whether it's a 2 min chart or a weekly chart, a tick chart or a renko chart

• if you look at the ES 240min chart, you see a setup. And in the MSP setup column for the ES you also see the SETUP

• if you look at the NQ 240min chart, you see a trigger. And in the MSP trigger column for the NQ you also see the TRIGGER

• every trigger is preceeded by a setup. But not every setup turns into a trigger

• setup means, almost everything is ready to enter a trade, but not quite yet. Most of time, what is missing is for price to actually start to move

• trigger means all conditions required for entering the trade have been met

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Setups and signals on the Remek! Multiple Instrument Workspace

• setups and triggers are calculated by our algorithm with complete consistency and objectivity

• a trigger does not mean you're under obligation to enter the trade

• what you do when a trigger arrives is up to you: you can take the trade or you can skip the trade. If you take the trade, you can execute it automatically or manually, or with a combination of the two. BT and PRO STR allow you to design your execution process to minute detail. Your execution should be rule-based and consistent over a large number of trades

• Remek! Market Scanner Pro (MSP) allows you to monitor any number of markets without having to subjectively look at a zillion charts. The MSP allows you to simplify your trading and only look at a chart when something happens.

• our algorithm has been shown mathematically, over and over, to uncover an edge in crowd behaviour

• for successful trading you need three things: capital, an edge and skills (aka nerves). You bring your capital, you must develop your nerves. We have done the coding.

Further studies:

• The Standalones Documentation

• Remek! Premium (daily trading since 2019) Documentation

• Premium Video Archives direct from the trenches