Good morning. The Relative Strength Index (RSI) was created by J. Welles Wilder Jr. in 1978 and itâs still one of the most used momentum indicators today.
Originally designed for hand-drawn charts, itâs proof that simple math can outlive entire trading generations.
-Shaun A, Jonathan Kibbler, Jordon Mellor
MARKETS
Howâs your favorite today?

Prices supplied by Google Finance as of 4:00am ET - stock prices as of close. Here is what the prices mean.



TRADER INSIGHTS
The Hard Truth About Trendlines
Letâs be honest, I love trendlines. Always have.
Thereâs something satisfying about connecting those perfect swing points and watching price respect them like clockwork. But hereâs the catch: trendlines arenât absolute truth. Theyâre interpretation.
Most traders donât realize this, they donât draw trendlines, they justify them. I used to do it too. Iâd stretch a line until it âfit,â then wonder why the market broke it hours later. Turns out, the issue wasnât the market, it was me forcing structure on chaos.
Hereâs the real truth behind them:
1. Everyone Draws Them Differently

Try to ask ten traders to draw a trendline, and youâll get ten different results. Some connect wicks, others stick to candle bodies. Some zoom out, some zoom in.
Thereâs no single right way, and thatâs the beauty and the danger. Trendlines work because traders believe in them. But belief creates liquidity. When too many stops sit below the same line, guess where the market hunts first?
2. The Break Isnât Always a Break
Ever panic-sold the moment price sliced through your trendline⌠only to see it snap right back up? Yeah, me too. Thatâs not a break thatâs a test.
True breaks come with confirmation, a retest, momentum follow-through, or structure shift. Until you see that, itâs just noise. The market loves to fake traders out before showing its real hand.
3. Itâs Not About the Line, Itâs About the Story

A trendline by itself means nothing. Itâs the context that matters, where it forms, how it aligns with higher-timeframe structure, and what liquidity sits around it.
Personally, I start on the weekly and daily charts to spot the broader flow, then drop to the 15-minute or 5-minute for entry timing. Thatâs where trendlines actually earn their value as part of a bigger narrative, not a standalone signal.
Hereâs the Takeaway
Trendlines arenât walls theyâre whispers. They donât tell you where price must go, only where it might react.
The real skill isnât drawing the line, itâs knowing what it means.
So stop redrawing every time the market fakes you out. Let your lines breathe, let context guide you, and youâll start to see what most traders miss: the marketâs rhythm isnât defined by lines, itâs revealed through patience.
Where to Invest $100,000 According to Experts
Investors face a dilemma. Headlines everywhere say tariffs and AI hype are distorting public markets.
Now, the S&P is trading at over 30x earningsâa level historically linked to crashes.
And the Fed is lowering rates, potentially adding fuel to the fire.
Bloomberg asked where experts would personally invest $100,000 for their September edition. One surprising answer? Art.
Itâs what billionaires like Bezos, Gates, and the Rockefellers have used to diversify for decades.
Why?
Contemporary art prices have appreciated 11.2% annually on average
âŚAnd with one of the lowest correlations to stocks of any major asset class (Masterworks data, 1995-2024).
Ultra-high net worth collectors (>$50M) allocated 25% of their portfolios to art on average. (UBS, 2024)
Thanks to the worldâs premiere art investing platform, now anyone can access works by legends like Banksy, Basquiat, and Picassoâwithout needing millions. Want in? Shares in new offerings can sell quickly butâŚ
*Past performance is not indicative of future returns. Important Reg A disclosures: masterworks.com/cd.
TRADER INSIGHTS
Why âSitting on Your Handsâ Is a Trading Skill
Most traders think trading is all about action. Hitting buy, hitting sell, always doing something.Â
Thatâs how I felt anyway.Â
But the lesson I learnt from listening to some of the best traders, they know the real money is often made by waiting.
Not waiting for perfect setups they donât exist.
But waiting for clarity.
The Psychology Behind Doing Nothing
I thought sitting on my hands and doing nothing made me lazy. But thatâs not the case. Itâs about discipline.Â
Itâs the act of saying: âI donât need to force a trade today just to feel productive.â
Hereâs the problem with overtrading:
Every unnecessary trade adds emotional fatigue, risk exposure, and often, regret.
What changed everything was learning that my edge wasnât in constant participation, it was in selective participation.
The Market Doesnât Pay You by the Hour
The market doesnât care how many trades you take.
Every trade should have two things:
A clear setup that fits your plan.
A justifiable reason why now.
If you canât answer âwhy nowâ then sorry but youâre gambling, not trading.
Patience is a weapon in trading because most people canât do it.
While others get chopped up in range-bound noise, disciplined traders are sitting out, waiting for volatility and conviction to align.
What âSitting on Your Handsâ Actually Looks Like
Hereâs what patience looks like in practice:
You wait for the higher time frame trend to align before taking a lower-timeframe entry.
You skip setups when price is stuck in the middle of a range.
You donât revenge trade after a loss. You stop, review, and let the market do its thing.
You sit out when the macro picture is unclear or when major news events (like NFP or CPI) are around the corner.
Youâre not missing out. Youâre protecting capital.
The saying is:
Patience pays.Â
So next time, instead of jumping in just wait, think and then execute.
CHART BREAKDOWN OF THE DAY (NZD/USD)

NZDUSD is trading near 0.5734, hovering just above support at 0.5720â0.5690. Momentum remains weak, with price capped below 0.5780 and both the 50-day and 200-day SMAs sloping downward. As long as NZDUSD stays under 0.5830, bears remain in control, with downside risks toward 0.5550 if support gives way.
DAILY TRADING PSYCHOLOGY NUGGET
âPatience wonât make you rich overnight, but impatience can make you broke by morning.â Every forced trade, every rushed entry, comes from the illusion that youâre missing out. The truth is, waiting for clarity is still a position and often the most profitable one.
TODAYâS MOST TRENDING MARKET NEWS (OCTOBER 23, 2025)

credits: REUTERS/Jason Lee
Asian stock markets fell for a second consecutive day as investor caution deepened amid rising U.S. export-control risks to China and fresh sanctions on Russiaâs oil majors. The NikkeiâŻ225 dropped ~1.5%, Chinaâs CSIâŻ300 fell as much as ~1.1%, and oil prices surged nearly 3%, setting pressure on energy-importing economies. (source:reuters)
GAMES
Trading Brain Training
Oil moves, and I often tag along,
North to south when crude is strong.
Fed and BoC conduct my show
Iâm the dollarâs dance with mapleâs glow.
What Am I?
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ANSWER
Answer: USD/CAD $USDCAD ( Ⲡ0.43% )





