Market Intelligence V2 – More Markets, More Intel – Your Online Junior Analyst

In many “bricks ‘n mortar” prop firms, the role of Junior Analyst is to do the research for the traders before the day starts. It’s the reason I bailed out on Equity trading and moved to Futures.  A friend became an analyst for a lone trader, trading equities and he was one of four analysts for one trader. Admittedly, he was trading $30M of Boutique fund money but with Equities – figuring out which stocks to play on any day out of the many thousands, it’s a lot of work.

Futures is a lot less complex and it’s easy to keep up with a market but a proper prep easily could take 30-60 mins of your day.

Version 2 takes this concept to another level. Existing users have nothing to do, you will see the new prep when you log on.

Click the image for a sneak peek

Before we go over the features, it’s important to understand that the system understands the complex relationships between what’s going on in the world and the markets and THEIR relationships with each other. For example, with corn, it understands the various factors including oil prices, weather conditions, and agricultural equipment. It’s not simply searching for news about corn but rather comprehending the broader macroeconomic impacts on corn production and demand. Same story for the other 20 markets.

Here’s what’s new:

• We now support 21 Futures markets – Euro, Japanese Yen,  Swiss Frank, US Dollar, S&P500, Dax, Euro Bund, Eurostoxx50, Gold, Copper, Micro Bitcoin, Micro Ether, Natural Gas, Nasdaq, Silver, 30 Year Bond, Corn, 10 Year Note, Soybeans and Wheat. With more coming.
• Geopolitical risk analysis. For example, right now – the US/Iran war is a big mover for oil and corn (because corn turns into fuel). On the other hand, it’s not quite the same risk for US Equities but is a larger risk for German Indices like the Dax as Europe is more energy dependent on other countries than the US is.
• Better news. In version 1, the news was scraped from web sites, in this version, we use a unique news service. Once we have the news, we do impact analysis to see if the article is relevant. It them applies sentiment analysis that decides if the impact will be negative or positive and how much it might impact the instrument.
• Risk Calendar has been improved, so that it’s easier to interpret – in fact – EVERYTHING is easy to understand as the tools don’t fall back on trading jargon but speak in plain English and tell you the “why”, as well as the “what”. The risk calendar is close to the economic calendar but focuses on the specific events on todays calendar for that instrument.
• COT analysis looks back at commercial and speculative traders and breaks down what the impact of that will be as well as ATR analysis so you have an idea of the likely range for the day.
• The Overnight Summary and Action Plan haven’t been changed in terms of how we figure them out but because the data is far richer, we are analyzing better data.

Our recommendation is that you simply read left to right and top to bottom. Here’s what we have in our Action Plan for Crude today

The session opens with Mexican Consumer Confidence at 07:00 followed immediately by a heavy slate of US and Canadian jobs data at 07:30 including Non Farm Payrolls, Unemployment Rate, and related labor metrics that will set the tone for growth and demand expectations. Canadian Ivey PMI follows at 09:00, then US used car prices and Baker Hughes rig counts at 12:00 before Consumer Credit at 14:00. The day wraps with a Fed Barr speech on 11:00. Focus first on the 07:30 jobs prints for any surprises that could shift dollar strength or growth views, then monitor rig counts for supply signals later in the session. On levels, price sits below the gamma flip at 119 in a long-gamma regime, so expect stabilizing behavior with rallies fading and dips bought unless a headline breaks the pattern.

(All times are in your local time.)

All you need to access is a Live Market Intelligence subscription. It’s daytradr users only for now, but opens to the public next week.

You owe it to yourself to be better prepared for the day ahead and what the players are going to be doing along the day.

FREE BONUS: Take a look into the decision-making process of professional traders with this video training series that helps you make smarter trading decisions. (Article continues below)