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Sunday, September 16, 2018

SUNDAY UPDATE: A TRIO OF THINGS TO CONSIDER

“Don’t ever argue with a woman when you know she’s right!”

After Friday’s action in EURUSD, I’m left with a trio of thoughts to consider; 
1) how and why the market moved, 2) the level of POL & Apparatchik 
manipulation, and 3) how volatility moves during the day. Friday was a 
textbook example of the manifestation of how POLS & Apparatchiks are the 
only things that truly move markets anymore, with the occasional sprinkling of 
some economic data when convenient to the narrative of a single or group of 
central banks … and as a result of this, we’re left with what I call  
“TNT & Crickets” markets, that explode with vicious and fast M1’s and then 
die for hours, only to be repeated when the next PIE Hole opens his/her mouth.

And in this environment, intraday volatility goes from one extreme to the other 
… one second you can’t get EURUSD to go 3 PIPS in the next 45 minutes in 
either direction, and then the next second it goes 25 PIPS in 3 seconds, only to 
start the process again. There is simply no way anybody can read the market 
fast enough, unless you’re the scumbag LP bank and have invested millions in 
computer technology … won’t rally and won’t break unless it’s exploding, and 
that isn’t something you see very often.

Everything eventually has to happen, of course given enough market days to 
analyze, but the behavior of EURUSD on Friday was just "weird” … after 4 
straight days of rally, to see it get “monkey hammered” with no rallies the 
entire day of any substance more than a couple of PIPS here and there, and 
then close on its low of the day, doesn’t happen very often … in other words, a 
very low probability event. Now with Trump tariff talk over the weekend of 
$200 billion in tariffs on Chinese goods due Monday, tomorrow is gonna be 
interesting to say the least in terms of price … “only if I had my tinfoil hat on, 
would I suggest that banks knew ahead of time of President Trump’s decision 
announced on Saturday, that more than likely means a sharply lower EURUSD 
open Sunday night … nah, this could never happen here, right”?

Directly below, some EURUSD stats many traders will find useful in their 
trading; 1) 08:00 - 16:00 server time [4 AM to NOON EST.] 8 HR. average and 
median ranges for 2018, 2) weekly average range, and 3) 20 day SMA [Simple 
Moving Average] of daily range. I’ll be bringing this on Sunday’s from here on 
in the future. 

click to enlarge!


Today also sees over in “Download Links” every trade the PAMM makes off 
the “-vegas EURUSD Algorithm”, in the file “C2 Algorithm Signals & Trade 
Charts”. I’m going to try and keep this file updated on a weekly basis.

The PAMM Spreadsheet I’m working on, in a format that gives both Turnkey 
live trades for the PAMM, and the signal fills I get at C2, for the advisory 
service, which are done at exactly the same time. I’ll get this up sometime this 
coming week after I figure out how best to format it. Onto tomorrow, where 
weekend news should make for an interesting day. Until tomorrow mi amigos 
… Onward & Upward!!

Have a great rest of your weekend everybody!!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM MONEY PROGRAM” IN
“DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN
FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND
START YOUR JOURNEY FROM WHERE YOU ARE AT TO
“ESCAPE TO SUCCESS”!










 

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