“Oh Oracle of market wisdom, why have markets died this week!?”
This trading day a complete FUBAR clusterfark, filled with “zero, zip, zilch &
Nada” trade signals … not a single legit buy signal the entire day … a handful
of “false positives” [in all three [3] categories], and price explosions around
1) the open, 2) the couple of minutes right after lunch, and 3) the start of the
night session. In essence, this is what happens when intraday volatility dies
down, and the world’s most volatile market goes comatose for most of the day.
Not really much to say about this … maybe it’s the idiotic World Cup, maybe
just cuz it’s the middle of summer, I dunno … this entire week so far, nothing
but a collection of “false positives” and damn few legit trade signals; mornings
are slow and afternoons worse! And it’s not like we need eye watering
volatility, just returning to normal would do … “apparently, I’ve pissed off some
of the trading Gods, who’ve taken a personal interest in testing my resolve and
waiting for signals … too bad, I can wait you out”!
Tomorrow’s another day … we’ll see if any trading interest gets generated,
along with any signals then … all I can do is shake my head and wonder,
“WTF man”, and move on to the next day. Until tomorrow mi amigos
… Onward & Upward!!
PAMM Spreadsheet directly below.
Have a great day everybody!!
-vegas
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