From setup to trigger - another of the world's great transformations

Remember how the caterpillar turns into a butterfly? That is the analogy that comes to mind when we consider our trading process, from opportunity identification (the setup phase) all the way to the execution (upon the arrival of the trigger aka the signal).

And the analogy continues if you notice that just like the butterfly will never turn back into a caterpillar, our trigger, once it’s a trigger, will never turn back into a setup.

Long story short, spend a minute considering the images below, and dive deep into how we think about our trading process, and how elegantly our Remek! Market Scanner Pro quantifies (a key word in objective trading!) market opportunities, illuminates our thinking and bounds our risk.

The transformation of a̶ ̶s̶e̶t̶u̶p̶ ̶i̶n̶t̶o̶ ̶a̶ ̶s̶i̶g̶n̶a̶l̶ a caterpillar into a butterfly.

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6J short signal in our Market Scanner Pro and on our price chart. 6J 240min 2026 02 06

Let’s take our current 6J chart and our Market Scanner Pro to demonstrate a few points:

• We have a signal on 6J (see red circles above). Obviously that signal was first a setup, since every signal was first a setup (although not every setup will turn into a signal).

• Note also the many setups on the other (currency) instruments on the above chart. Those opportunities are still in the setup phase (think “caterpillar”).

• A subset of those setups will expectedly turn into signals (think “butterflies”) as new candles are built.

• Also note that there is no longer a setup message on 6J: once a setup has turned into a signal (just like a caterpillar turns into a butterfly), there’s no going back. And it’s either a setup or a signal (or none), but it’s never both at the same time.

• A beautiful process, in biology, as in trading, and a visualization which we have found useful over the years. But all this would be useless if we couldn’t pile up strong evidence for an edge in our methodology.

• Such is the beauty of our software, such is the beauty of our method, such is the beauty of how Remek! traders* navigate the markets.

  Mindful trading to all! Remember to join us today as we continue to trade the hard right edge of the chart in 2026.
  
  *remek means excellent in the language of many a great trader

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!