In partnership with

Good Morning. The word “salary” comes from “salt.” In ancient Rome, soldiers were sometimes paid in salt (a precious commodity back then) and that payment was called salarium.

So technically, your job is still paying you… in seasoning.

-Jonathan Kibbler, Jordon Mellor, Shaun A, Patrick Lewis

QUESTION

Do you think there is a correlation between gamers and traders? How many of you guys are gamers?

Reply to this email with your answer.

MARKETS

How’s your favorite today?

Bulls owned the tape today. Dow popped 0.62%. Nasdaq-100 surged 0.98%. S&P 500 climbed 0.58%. VIX cooled off, down 4.5%. Bitcoin cruised higher, up nearly half a percent and threatening six figures. Euro and yen went in opposite directions: EUR/USD ticked up, while the dollar pressed the yen lower. Risk was back on, and green flashed across the board.

TRADER INSIGHTS

The Overlooked Trick to Trading Forex Crosses

Most traders treat forex crosses like stand-alone beasts, but that’s lazy thinking. Every cross is just two majors mashed together. If one leg’s sitting on rock-solid support or resistance and the other’s still trending, you’ve got a setup worth hunting.

Look, say GBP/USD is hammered down on weekly support, but USD/CAD is still running north. That’s not just chart art. It means GBP/CAD is probably primed for a move up. The market's showing you where the weak hands are about to get smoked.

Another one: EUR/USD rejects a big swing high, while USD/CHF grinds sideways in a box. EUR/CHF will likely spill lower because euro’s the one puking first. Don’t overthink it, just watch the majors. They’re the engine behind the crosses.

Stack your odds. Don’t just lean on price levels, bring in CoT reports, sentiment, news, whatever gives you an edge. Good trading is adding solid reasons to every trade. Bank the easy setups, keep your stops tight, and skip the hero plays.

You’ll get slapped around if you chase every cross move blindly. Use this cheat code, respect risk, and you’ll stop giving money to the market on rookie mistakes. Have fun, but don’t get cocky. Markets will humble you when you least expect it. -JK

SPONSOR

The news site that doesn’t cater to your beliefs. Or try to sell you theirs.

Instead, Ground News shows you how left, center, and right-leaning outlets are covering the same story—so you can easily compare reporting and get a well-rounded perspective on the issues that matter to you.

Join 1M+ readers from all political persuasions who use Ground News to see the news, the world, and themselves a little clearer.

MARKET ANALYSIS

Could ETH Outperform BTC This Cycle?

ETH maxis have chased the flippening for ages. Now, with BTC dominance at 65% and ETH’s Pectra upgrade live, the setup feels different - but not easy money. The drama is BTC is still crypto royalty. It’s the first mover, and that ETF bid is real. “Digital gold” doesn’t need to be exciting, it just needs to hold value. Hard to fade that simplicity.

ETH, though, is finally closing the gap. Pectra is a serious upgrade. Faster, cheaper transactions, actually decent UX, and gas fees you can pay in any token (yeah, even the coins you regret buying). Every non-ETH gas payment still burns ETH, so the supply squeeze gets tighter. That’s real buy pressure.

DeFi isn’t dead, just sleeping. New projects are popping up. Pectra’s validator boost means bigger players can finally scale in. ETH is the backbone for new money and new protocols. Price action shows it’s lagging BTC by 30% from all-time highs, but if history repeats, it’s only a matter of time before the capital rotation hits.

Betting against BTC is asking to get rekt, but ignoring ETH’s momentum is just as reckless. Play the cycle, respect the trend, and don’t get tribal. The best traders catch the move, not the narrative. -PL

MARKET ANALYSIS

Trade Talks Falter, AUD Gets Hit

AUD/USD just cracked below 0.6400, and it’s not by accident. China’s flirting with a ban on property pre-sales (if that sticks), it’s another nail in the coffin for Aussie bulls. We all know China props up Aussie exports, so when they sneeze, AUD catches the flu.

Meanwhile, U.S. tariffs aren’t budging. Trump’s playing hardball and markets hate the uncertainty. Aussie’s catching all the fallout because it’s a straight China proxy. When Beijing even whispers about property reforms, AUD gets dumped.

DXY’s chilling near 100.60, running on solid U.S. data and the Fed sitting tight. Strong buck, weak Aussie. Simple math. With AUD/USD under 0.6400, next stops are 0.6365 and, if things get ugly, 0.6310.

If China’s trade numbers miss or property rules get real, it’s more pain. Toss in Trump’s next tweet and you’ve got a mess. For now, 0.6400’s not support, it’s a ceiling. Trade safe, cut your losers, and stay nimble. -SA

GAMES

Guess The Asset

âťť

I’m not a stock, yet traders watch me daily.
I move when talk gets hawkish, or dovish, maybe.
Two letters, one policy, and when I speak,
Markets shake knees and hit their peak.
What am I?

EXPLORE

Other Content You Might Like:

🦖 Gold Holds Steady Near $3,360 - Gold is holding around $3,360 zone, compressing between political chaos and FOMC risk. Here’s why that level still dominates price action.

🦖 Can We Build a Macro-Based Currency Strength Meter With AI? - Why I’m stepping beyond technicals to build a tool that reflects the true economic pulse behind forex moves.

🦖 TradeDelicious Events! - Exclusive TradeDelicious readers community workshops and networking sessions, get involved!

🦖 Live Forex Trading - Join William Davies every weekday to take on the forex markets live with an audience!

🦖 Daily NYSE Stock Picks - Join ex-military David Rosa every weekday to share 5 stock picks for the next trading session and why!

ANSWER

The Federal Reserve