SUNDAY UPDATE: UNDERSTANDING DATA

“Everything is all here in the manual!”

I’ve added GBPUSD back to the ‘VIX MATRIX TABLE, and broken the trading day

down into 3 parts … 1) daily, 2) data for 04:00 - 12:00 server time, and 3) data for

12:00 - 20:00 server time … and as you can see from the table, just because a

major portion of the day’s average range is in the 12 - 20 time frame, doesn’t

mean other times are worthless or have no movement … that would be true if

everything were linear, and no time periods had overlapping prices, but that for

sure isn’t the case in trading, where markets regularly put in reversals & double

reversals, not to mention the infamous “Flying Wedge of Death” [FWD], where

markets go back & forth from high to low and vice versa but don’t extend the

range.

Directly below, this week’s current “VIX MATRIX TABLE” for FX & Crypto,

followed by the 20 Day Range MA’s.

click on ANY table or chart to enlarge

FX

GBPUSD

My guess is, most people will find the 20 Day Range MA for the Asian session

[04:00 - 12:00] to be higher than they thought … while it used to be the case that

Cable did very little in Asia, that isn’t the case any longer, and you can’t assume

every night is gonna be dead … still, the European session sees the highest

trading ranges and best liquidity & volumes.

EURUSD & EURJPY

AUDUSD & AUDJPY

USDCHF, USDJPY, & USDCAD

PRECIOUS METALS

XAUUSD

It would be nice to see gold go back to pre “traders tax” days, but I’m not

optimistic bid/offer spreads will ever come down again to the level they were at

before SHTF in March … it’s a shame cuz gold has the ranges and the necessary

VIX & IVIX, but you’re throwing money out the window trading it with such high

“vig”.

Onto the week at hand, with a BOE [Bank of England] interest rate meeting on

Thursday morning … oh fun, oh joy … buckle up Skippy! … until tomorrow mi

amigos … Onward & Upward!! 

Have a great rest of your weekend everybody!

-vegas