WatchTower

Your new terminal for

48 bank desks published this morning. You saw none of it. WatchTower reads every report as it lands, rescores the board as each figure prints, and publishes every weight behind the number so you can argue with it rather than trust it.

  • 14 days of Pro, no card
  • Free forever after, no card
  • 1,500+ traders inside
  1. 48 desks read
  2. 44 markets positioned
  3. 8 central banks priced
  4. 49 panels
  5. 24 assets scored

Three people read the same market this morning.

One had a desk, a research budget and a team. One had a chart and a search engine. The third had everything the first had, for the price of a chart package.

2 hrsevery morning, by hand

A retail trader

  • A charting platform
  • Google, and whatever it returns
  • A forum, and someone's screenshot

Assembled by hand, every morning, if at all.

$31,980a year, per seat

An institution

  • Offices in every major centre
  • Teams of analysts on every desk
  • Sell-side research, priced in
  • $31,980 a year per seat, on data alone

The right way to do it. Assembled by people.

$49a month

WatchTower

  • Research from 48 institutions
  • Positioning across 44 markets
  • Rate paths for 8 central banks
  • Charts, calendar and the data behind them
  • $49 a month, or nothing at all

The same information. Assembled by software.

The information is not the edge. Having it read, scored and moving in front of you the moment it changes is.

A screenshot of the real terminal. Not a mock-up, not a concept, and nothing in it was drawn for this page.

9 currencies: USD, EUR, GBP, JPY, CHF, AUD, CAD, NZD and MXN. 6 metals and energy: gold, silver, platinum, palladium, copper and WTI. 9 equity indices: S&P 500, Nasdaq 100, Dow, DAX, FTSE, CAC, Euro Stoxx, IBEX and Nikkei. Positioning across 44 markets, and a research roster of 48 institutions including ING, MUFG, UniCredit, Westpac, Danske Bank, Crédit Agricole CIB, SEB, Scotiabank and others.

Swipe the board to explore it

The WatchTower board: Asset scores with the drivers behind each score, what is priced for each central bank, the News feed and the Price chart

Eight feeds. One screen.

Everything below arrives on its own schedule, from its own source, in its own format. The terminal reads all of it and puts it on one board.

  • Bank research
  • Live price data
  • Central banks
  • Seasonality
  • Positioning
  • Geopolitics
  • Live news
  • Economic calendar
Two monitors running WatchTower Terminal

The inputs that move the market, and where to find them.

Not a tidier version of what you already look at. Bank research you cannot subscribe to, positioning most traders never read, and what the curve has actually priced. One place, rescored as the data prints rather than once a day.

Every number, with the weighting printed.

Most tools hand you a signal and ask you to trust it. The weighting the engine runs on is on a public page, because a score you cannot audit is a score you should not size a position on. 24 assets, one scale, and the components behind each one visible on the panel. Asset scores, with every driver, is free.

See how the score is built
Asset scores with each composite broken into its weighted drivers and what each contributes

Every desk call, pulled out of the PDF.

Reading 30 reports tells you 30 things. The value is in what they agree on and where one desk has quietly broken from the rest. Open any report in the Research inbox and break it down into its argument and its calls; Bank calls then shows how the desks split on each asset and how many stand behind each side.

Read this week's consensus
The Research inbox with a bank report open and broken down into its argument, the subjects it covers and its calls

What the curve has actually priced.

Macro does not move on a five minute candle. It moves when the priced rate path shifts and the data stops matching the story. What is priced for each of the 8 central banks, set against a day, a week or a month ago, and the odds at every next meeting. Both free.

See the priced path
Central bank on What’s priced, set against the path a week ago, beside Next decisions

Find out you are late before the market tells you.

A trade everyone is already in has a different risk profile from the same trade nobody has noticed. Where the futures speculators and the retail crowd sit on every asset, against their own history, and what changed this week. Part of Pro.

See where the book is
COT positioning and Retail positioning, with each asset placed in its own 52-week range

No two traders need the same screen.

Which is why there are 49 panels and 28 templates rather than one dashboard somebody else designed. Start from a template or an empty grid, drag panels where you want them, and the board stays yours on every device. Free gives you 2 to build; Pro lifts the limit and opens the rest.

See what you can build
A board with the panel picker open on its templates

The terminal tells you. You do not have to be watching.

Score flips, data as it prints, breaking news, new bank research and every report, sent to your phone the moment they happen. Written by the terminal itself, so nothing is late and nothing is missed.

  • No account and no card. Join and read.
  • Quiet when the market is quiet. Nothing padded out to fill a feed.
  • Every alert links straight to the read behind it.
A phone showing the WatchTower Terminal Telegram channel, with alerts for a EUR retail sales miss, a GBP score flip and newly uploaded bank research, each with a button opening the terminal

Some of this is expensive. Some of it is not for sale.

Assembled separately, the same inputs are either expensive or not sold to a private trader at any price.

  • ~$2,000

    a month for a data terminal of this class

  • Not sold

    direct sell-side research access, at retail, at any price

  • ~$100

    a month for a squawk or newswire service

  • 1 to 2 hrs

    a day reading and cross-checking it yourself

Reviewed where I cannot edit them.

Every review sits on Trustpilot rather than on this page, so nobody has to take my word for which ones I chose to show, or for the ones I did not.

Read them on Trustpilot

WatchTower is global.

Traders running the same macro read from different time zones, on desks, laptops and phones.

  • A WatchTower member using the terminal
  • A WatchTower member using the terminal
  • A WatchTower member using the terminal
  • A WatchTower member using the terminal
  • A WatchTower member using the terminal
  • A WatchTower member using the terminal
  • A WatchTower member using the terminal
  • A WatchTower member using the terminal
  • A WatchTower member using the terminal
  • A WatchTower member using the terminal

Get your photo featured. Post yours and tag@wtterminalor@jameslne777

Free does not expire. There is no card.

1,500+ traders are already inside, and 2 boards cost nothing to try.

Not a trial, not a teaser, and not something that stops working in fourteen days. Free is 2 boards you build yourself from 15 of the 49 panels. Pro opens the rest, Sentinel and Replay, and lifts the board limit.

2 months free on annual

Free

$0forever

No card required. No expiry. Every new account opens with 14 days of Pro.

  • A morning read on 2 boards you build yourself, from 15 of the 49 panels, and all 28 templates
  • Where all 24 markets score today, 0 to 100, and every driver behind each score
  • What is priced for each of the 8 central banks, and the odds at every next meeting
  • The Economic calendar, the News feed and the daily Briefings
  • The Price chart, Live prices, Risk regime and your own portfolio
  • Squawk, badges and the Telegram alerts channel, free forever with no card
Create free account

Pro Most popular

$40.8349a month

Billed annually at $490, which is 2 months free. Billed monthly. Switch to annual whenever you like and 2 months come off. Cancel any time and your account returns to free.

  • Sentinel, the AI analyst. Ask the board a question, run a study on its history, or have it build a board for you
  • What 48 desks published. Every report broken down into its argument and calls, with the desks' trades and targets
  • What is priced, and what moved it. Rate spread, Rates across banks, and Explain the move on any chart
  • What each economy is doing. Macro state with its questions answered, Economic health and Data surprises
  • Who is already in the trade. COT and retail positioning with their full history
  • Replay and no ceiling. Any market replayed from the last year, all 49 panels and unlimited boards
Get Pro

Prices in USD. Stay on Pro and the price steps down, to $30 a month after 18 months. Cancelling Pro returns you to free rather than locking you out. See the full comparison

The things worth asking first.

Is this for me

Is this worth it if I already use TradingView?

They do different jobs and most members run both. TradingView is charting: it tells you what price has done and gives you levels to work with. It cannot tell you what 48 research desks published this morning, where positioning is stretched, or what the rate path is pricing. WatchTower is the macro layer underneath a chart, not a replacement for one.

How is this different from a signals service?

A signals service tells you what to trade and asks you to trust it. This never gives an entry, a stop or a position size, and the weights behind every score are printed on a public page so you can disagree with the method before you rely on a number it produced. It is research you audit, not calls you follow.

Do I need to trade full time to get value from it?

No. The free plan is built around a morning read: the daily Briefings, the scores and what is priced for every central bank, on boards you can start from a template, so a part-time trader gets the macro picture in a few minutes rather than an hour of tabs. Newer traders can ask Sentinel on Pro, and the Tutorials walk through the terminal in short parts.

What it actually is

What is WatchTower Terminal?

An FX and macro research terminal for independent traders. It reads what the sell-side desks published, where the CFTC speculators and the retail crowd are positioned, what the market prices for every central bank and which data surprised, then scores 24 markets from 0 to 100 and shows you every weight behind the number. G10 FX, metals and the global indices, on one board, with an AI analyst that reads it with you.

Is WatchTower a Bloomberg Terminal alternative?

For macro and FX research, largely yes, and at a fraction of the cost. It does not replace a Bloomberg Terminal for execution, fixed income analytics or equity fundamentals. It covers the macro read a discretionary FX or index trader actually uses, for $49 a month.

Cost and commitment

What does the free account include?

2 boards you build yourself, free forever with no card, from 15 of the 49 panels. That covers Asset scores with every driver, Central bank and Next decisions for all 8 banks, the Economic calendar, the News feed, Briefings, Analyst videos, the Price chart, Live prices, Risk regime and My portfolio, plus Squawk, the Stats library to browse and one market page a day in full.

What does Pro add?

Every panel and every board you want. Pro opens all 49 panels: the bank research and the desks' calls, Rate spread and Rates across banks, Macro state with its questions answered, COT and retail positioning, Seasonality and the Geopolitical monitor. It adds Sentinel, the AI analyst, Replay and Explain the move on the Price chart, price alerts and full history. The News feed and the Briefings stay free.

How is the composite score calculated?

On published weights. For currencies and metals: fundamentals 22.5%, central bank 18%, bank research 18%, seasonality 13.5%, retail sentiment 10% read contrarian, COT level 9% and COT flow 9%. Equity indices use a different set that includes a weighted earnings beat rate. A score of 56 or more reads bullish, below 45 reads bearish, and the band between is neutral.

What happens when my 14 days of Pro end?

Your account carries on, free, with no card involved at any point. The boards you built stay exactly as they are and 15 of the 49 panels keep working, including the scores, central bank pricing, the calendar, the News feed and the chart. The Pro panels show their locked state where you put them rather than disappearing, and nothing is ever deleted. Subscribing turns all of it back on with the boards where you left them.

Is this financial advice?

No. WatchTower describes data and surfaces the macro read. It never gives an entry, a stop or a position size. Those decisions stay entirely yours.

Can I cancel at any time?

Yes. Pro cancels from billing inside the terminal, and you can pause for a month instead if you only need a break. The free plan continues afterwards, so cancelling returns you to your free boards rather than locking you out.