If the first half of today’s European session was any more dead, a van would
come and take it to the morgue … seriously, I know it’s summer and everything,
but still … so about 6:30 AM EST, I switched back over to USDJPY, cuz I can’t
take watching EURUSD go up and down half a PIP over and over again for what
like seems forever … for cryin’ out loud, move SOMEWHERE!
And while USDJPY is acting better than I anticipated from the weekend, it has
since died as well as the New York session starts … NOON in New York, and
USDJPY has got about a 30 PIP-ish range since I switched over 5 ½ + hours
ago … again with a somewhat dead market in the fact it can’t move anywhere
… how can a market correct if it doesn’t move somewhere first? … it’s nothing
but a “Flying Wedge of Death” [FWD] with trips to both sides consistently, and
that only means “coin flip” trades which aren’t statistically significant.
I thought USDJPY would be quieting down, and maybe at some point it will, but
it isn’t now, while EURUSD continues to disappoint … so, back to USDJPY until
it does slow down over a period of some consequence, not just a day or two
… my mistake in thinking it has run it’s volatility course … no trades today cuz
nothing to do within tiny ranges, first with EURUSD, then with USDJPY not doing
anything after about 6:30 AM EST … onto tomorrow.
… outta here … “The future’s so bright I need 2 pairs of sunglasses 😎😎, and my
own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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