The real key issue for Mom here, isn’t that he’s a “trader”, it’s HOW LONG HAS
HE BEEN A TRADER? … cuz how long tells her all she needs to know! … cuz
with “longevity”, comes the ability to make money [and by default keep
“Princess” in the lifestyle she’s become accustomed to] in all kinds of markets
… bull, bear, neutral, choppy, trending, whatever, and by default that means you
know WTF it is you’re doing … trust me I know from experience, nobody in a
trader’s life gives 2 rat shits about 1) HOW you make the dinero, only 2) that you
make it so they can benefit from it! … brutal, but absolutely true.
If you’ve taken the time to download and study the Adobe PDF of the trading
manual, here are some general conclusions you can make … 1) there is no long
or short bias of any market in the algorithm … it works equally well with either
… 2) the “directional indicator” [HULL 200 EMA, blue up, hot pink down] will keep
you on the right side of the market and is exceptionally FAST … 3) the trade signal
indicators are very, very FAST, and along with the CORRECT INTERPRETATION OF
THE MFI for buy/sell fuel, give a very high probability of trade profitability
… 4) flexibility … multiple exit strategies that fit a traders psychological profile to
insure a shipload of people aren’t liquidating all at once … and 5) knowing that
the algorithm is VIX DETERMINED … meaning the higher the VIX during the
trading day, the better the algorithm will perform … and by default, especially in
FX pairs, knowing what the current 20 Day Range MA is and what level of range
you need so the algorithm doesn’t go “flat” from lack of VIX, where the trade
parameters climb on top of each other and produce “false positives” … e.g., in
USDJPY BEFORE I initiate any trade, the current range for the day has to be AT
LEAST 50 PIPS, and hopefully more than 60 … if that condition is fulfilled, I’m
good to go WHEN THERE IS “SLOPE” IN THE VIDYA / TEMA TRADE SIGNAL
AND THE SLOPE ISN’T FLAT … if the slope is generally flat, I leave it alone
… what you want are market(s) that are moving, NOT SITTING!
And if you place the trading algorithm on your candlestick m1 chart, and watch it
for a couple of days, you’ll notice that it can’t go ANYWHERE, either UP OR
DOWN, without the algorithm either calling for being long or short with it
… granted, off intermediate bottoms or tops, which nobody knows in real time if
that holds, there is a small amount of market action that is missed cuz the market
is turning from bull to bear or vice versa … we are forced to give that action up,
as it pays for all of the “false positives” that would occur if the signal parameters
were any faster than they are now … but in the scheme of things, the algorithm
isn’t that far from the turns, and thus keeps you on the “right side” of the market
for the easiest highly probable, profitable trades.
Turning to today’s “Slots-A-Rama”, known popularly as “markets”, what’s the
second worst day of the month for trading after NFP Friday? … well, that would
be the following Monday [today!], where nothing is released and trading is
generally dull & listless … doesn’t have to be of course, but as the sun comes up
in New York, it sure looks and feels dead across multiple markets, excepting
crude oil [thanks Biden, you %*@&^# !!].
Nothing moves until the “Spoos” move … today sees U.S. rates climb as corps
sell bonds into this environment, and dealers hedge, thus sending rates higher
with the largest issuance of worthless U.S. junk since May 10 … talk about
liquidity? … yea, there ain’t none … and with that spike in rates coming after the
NYSE open, USDJPY goes “lightning” straight up … this isn’t about
“risk on / risk off” [RORO] today, it’s about yield differentials, where last night
the Morons in Japan didn’t do themselves any favors by adamantly signaling
there’s NO rise in yields coming anytime soon, and that their super easy
monetary policy has a solid “green light” … “well that’s great … now enjoy
watching your currency go into the toilet, today’s action seeing a YEN price not
seen in 20 years [that would be since 2002 for you Biden voters] … technically,
the next level of resistance in USDJPY is at about the 135 level, and that takes
you back into the 1990’s … when do the Apparatchiks start to panic”? … and if
U.S. 10 YR. rates go above 3.20%, look the Hell out.
UUSDJPY doing absolutely NADA from the European open to the NYSE open,
with about a 50 PIP range … action simply too slow for my blood … and after
that first burst out of the box when rates rose, only one algorithm buy signal to
the London Fix … TURNKEY PAMM UP SLIGHTLY … and then another move
higher as price went to its 20 Day Range MA and has stalled right near its day’s
high … whaddaya gonna do? … just not a very good day, not cuz the range
sucked, but cuz of the straight moves higher … only a couple, and now we find
ourselves in the middle of the New York afternoon, and no thanks … trading
action likely to be a “hot mess” of chop, but if we got a decent break down to
around the 131 level, followed by a buy signal, I’d most likely take it … I don’t
see that happening, but who knows anymore in the casino? … still, all-in-all the
algo is gold bars all around! … onto tomorrow!
… outta here … “The future’s so bright I need 2 pairs of sunglasses 😎😎, and
my very own Brinks armored truck”!! 💓… Onward & Upward!!
-vegas
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