SB Trade Desk is a premium trading/analysis service with veteran traders Jamie Saettele & Michael Boutros offering market commentary on FX, Commodities & Equity Indices. Subscribers gain access to daily trade setups (entry, limit & stop), live webinars & exclusive intra-day squawk updates on the markets you follow – Learn more


Midweek Strategy Webinar Archive: 9/12/2019

  • DXY 1998 = 2019?
  • Rare EURUSD reversal conditions met
  • Important levels to know for SPX
  • MUCH more

I opened up the Midweek Strategy Webinar to the public this week and plan on doing so once a month.  This week’s webinar started with the following chart.

DXY 1997-1998 (top) and DXY Now

This chart is from late August but the comparison remains valid.  In 1998, DXY made a Jan low, April high, June low, and the final closing high on 8/27.  So far in 2019, we’ve got a Jan low, April high, June low, and a closing high on 7/31 (high on 8/1…which was a massive volume reversal).  Price action in 1998 and 2019 both form slightly upward sloping channels.  Elliott would call this an ending diagonal and reversals from ending diagonals are often sharp.  Both 1998 and 2019 also rode the 200 day average.

Yesterday’s EURUSD action reinforces the comparison with 1998.  The charts below show J-Spikes on volume (20 day lows with range above 20 day ATR and volume at least 2x 20 day average volume).  9/12 is the 6th such signal since 2014.  Signals include the days of the 2014 high, 2015 low, and 2018 high.  I recall that the 2014 high and 2015 low were ECB days.  Other signals triggered at a minor low in June 2015 (Fed or ECB day?) and the day of the 2016 U.S. election.  The only other days that meet this criteria are 8/16/2001 and 12/2/2002.  Given this information, it’s not hyperbole to suggest that 9/12 ends up as the 2019 low.

The webinar also includes commentary on USD majors, crude oil, SPX and the concept of median line acceleration (and more).  Check it out and if you like what you see then join us!



Discount Offer!

Euro Futures Daily  

Euro Futures Daily  

Membership Discount

For original market insights and analysis of intraday, daily, weekly and monthly charts, member only webinars, Twitter updates, and trade plans, then join the SB community.

Membership Levels

SB TRADE DESK ($149.99)

  • Swing Trade Setups
    • Daily updates on chart setups, existing positions, pending positions, and the ‘watch list’ (updated after NY close).
    • Midweek Strategy Webinar every Wednesday
    • Goal is to execute 10 setups per month
    • Special Reports- Provide longer term perspectives on FX and include analysis of metals, interest rates, and/or major indices (published when market conditions warrant)
  • Intra-day Setups
    • Daily & Intra-day Radar Charts on focus pairs
    • Daily Intraday Update on operative trades highlighting directional bias, scalp targets & invalidation levels
    • Intraday Strategy Webinars every Tuesday & Thursday highlighting current/active trade setups and Q&A
  • SB Squawk
    • Live stream of exclusive tweets available only to SB Trade Desk subscribers
    • Market alerts, trade updates, latest reports, webinar reminders & market commentary



  • SB Trade Desk basic subscription PLUS:
    • Access to the proprietary EidoSearch Engine
      (available between the hours of 9:30AM – 11:59PM ET)
    • Pattern search technology generates predictive analytics across 1D, 5D, 1M 3M 6M & 1Y
    • Rankings on Best/ Worst currency outlooks
    • Watchlist with currency rankings, average returns and and percent upside/downside
    • Custom search price action and see previous instances & results
    • Proprietary EidoSearch Research Ideas & Market Calls




  • Exclusive access to the proprietary EidoSearch Engine & Research Only
    (available between the hours of 9:30AM – 11:59PM ET)
Discount Offer!


Get Started to Gain Full Access to Premium Content
Level Price  
SB Trade Desk $149.99 per Month. Select
SB Trade Desk Premium $219.99 per Month. Select
SB EidoSearch Only $119.99 per Month. Select