Analysis across equities, crypto, forex, options and macro, written to complement the live data in the terminal.
Definitions for terms that come up across every other topic on this blog: gamma exposure, max pain, the Fear & Greed Index, nonfarm payrolls. If a post uses a term you don't recognize, it's probably explained here.
GBP net short just hit a record. The CFTC publishes three different COT reports, and most traders read the wrong one. Here is which version matters for forex and what a record positioning extreme actually signals.
Read article →Unusual options activity gets sold as a smart money tracker. Here is what actually counts as unusual, why sweeps beat blocks, and why the busiest days for options flow are often the least reliable ones to read.
Read article →Max pain theory says price gravitates toward the strike where options expire worthless. Here is how it is calculated, what 25 years of data actually show, and how to use it without overtrading it.
Read article →NFP prints July 2 at 8:30AM ET. May came in at 172K vs 85K consensus. What NFP measures, why it moves markets, and how traders use it.
Read article →The Fear and Greed Index sits at 37 after Warsh's hawkish dot plot. Here is how the equities and crypto versions work and how traders actually use them.
Read article →12 live channels across equities, crypto, forex, options and macro. Free for 14 days.