Good morning. The Relative Strength Index (RSI) was created by J. Welles Wilder Jr. in 1978 and it’s still one of the most used momentum indicators today.

Originally designed for hand-drawn charts, it’s proof that simple math can outlive entire trading generations.

-Shaun A, Jonathan Kibbler, Jordon Mellor

MARKETS

How’s 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

Let’s be honest, I love trendlines. Always have.

There’s something satisfying about connecting those perfect swing points and watching price respect them like clockwork. But here’s the catch: trendlines aren’t absolute truth. They’re interpretation.

Most traders don’t realize this, they don’t draw trendlines, they justify them. I used to do it too. I’d stretch a line until it “fit,” then wonder why the market broke it hours later. Turns out, the issue wasn’t the market, it was me forcing structure on chaos.

Here’s the real truth behind them:

1. Everyone Draws Them Differently

Try to ask ten traders to draw a trendline, and you’ll get ten different results. Some connect wicks, others stick to candle bodies. Some zoom out, some zoom in.

There’s no single right way, and that’s 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 Isn’t Always a Break

Ever panic-sold the moment price sliced through your trendline… only to see it snap right back up? Yeah, me too. That’s not a break that’s a test.

True breaks come with confirmation, a retest, momentum follow-through, or structure shift. Until you see that, it’s just noise. The market loves to fake traders out before showing its real hand.

3. It’s Not About the Line, It’s About the Story

A trendline by itself means nothing. It’s 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. That’s where trendlines actually earn their value as part of a bigger narrative, not a standalone signal.

Here’s the Takeaway

Trendlines aren’t walls they’re whispers. They don’t tell you where price must go, only where it might react.

The real skill isn’t drawing the line, it’s knowing what it means.

So stop redrawing every time the market fakes you out. Let your lines breathe, let context guide you, and you’ll start to see what most traders miss: the market’s rhythm isn’t defined by lines, it’s 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 earnings—a 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.

It’s 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

  • …And 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 world’s premiere art investing platform, now anyone can access works by legends like Banksy, Basquiat, and Picasso—without needing millions. Want in? Shares in new offerings can sell quickly but…

*Past performance is not indicative of future returns. Important Reg A disclosures: masterworks.com/cd.

TRADER INSIGHTS

Why “Sitting on Your Hands” Is a Trading Skill

Most traders think trading is all about action. Hitting buy, hitting sell, always doing something. 

That’s how I felt anyway. 

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 don’t exist.

But waiting for clarity.

The Psychology Behind Doing Nothing

I thought sitting on my hands and doing nothing made me lazy. But that’s not the case. It’s about discipline. 

It’s the act of saying: “I don’t need to force a trade today just to feel productive.”

Here’s the problem with overtrading:
Every unnecessary trade adds emotional fatigue, risk exposure, and often, regret.

What changed everything was learning that my edge wasn’t in constant participation, it was in selective participation.

The Market Doesn’t Pay You by the Hour

The market doesn’t care how many trades you take.

Every trade should have two things:

  1. A clear setup that fits your plan.

  2. A justifiable reason why now.

If you can’t answer “why now” then sorry but you’re gambling, not trading.

Patience is a weapon in trading because most people can’t do it.

While others get chopped up in range-bound noise, disciplined traders are sitting out, waiting for volatility and conviction to align.

What “Sitting on Your Hands” Actually Looks Like

Here’s 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 don’t 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.

You’re not missing out. You’re protecting capital.

The saying is:

Patience pays. 

So next time, instead of jumping in just wait, think and then execute.

WATCH

CHART BREAKDOWN OF THE DAY (NZD/USD)

NZDUSD is trading near 0.5734, hovering just above support at 0.5720–0.5690. 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

❝

“Patience won’t make you rich overnight, but impatience can make you broke by morning.” Every forced trade, every rushed entry, comes from the illusion that you’re missing out. The truth is, waiting for clarity is still a position and often the most profitable one.

TODAY’S 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 Russia’s oil majors. The Nikkei 225 dropped ~1.5%, China’s CSI 300 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
I’m the dollar’s dance with maple’s glow.

What Am I?

SHARE

{{rp_personalized_text}}

Copy & paste this link: {{rp_refer_url}}

GET TO IT

🦖 Understand how Market Makers work

🦖 Do a super quick challenge that will have missive impacts on your results.

🦖 Check out these recommended trading tools.

🦖 Get funded as a trader with up to $4,000,000.

🦖 Watch Professional Traders trade live in London

ANSWER

Answer: USD/CAD $USDCAD ( ▲ 0.43% )

That's It For Today!

Before you go we’d love to know what you thought of today's newsletter to help us improve the TradeDelicious experience for you.

Login or Subscribe to participate