WHAT THE POLS SOW, THEY REAP IN EURUSD

 

“EURUSD on the way to par and maybe lower than that … thanks POLS!”

It’s not hard to understand why EURUSD is getting the “Thelma & Louise”

treatment today, given the fact that Russia controls their energy supply at a

minimum through this next upcoming winter … and already France & mostly

Germany are feeling the pinch while panic sets in … where you gonna get your

oil & natural gas? … Vlad is in control, and cuz of your idiotic sanctions, as you

follow the lead of “Taliban Joe” down the rabbit hole to oblivion, 2 things should

dawn on even the dumbest EU citizen … 1) your POLS are fools & idiots, and

2) realize while they laughed, Trump was right! … now reap the whirlwind

dumb asses!

Both Cable & EURUSD getting pummeled today, over shadowing USDJPY that by

comparison is the slowest mover today … almost 200 PIP ranges for ‘em, while

YEN can’t even make 100 [so far], and the European session is a paltry 60-ish

PIPS, with what seems like the ever present “Flying Wedge of Death” [FWD]

… rates going down along with “risk off”, buffeted by demand for YEN from the

YEN crosses … add that up, and more than likely you get “chop city”.

While I provided the impetus, the Mrs. & my niece “Miss Gimpie” did the

background grunt work and research, and I must say I quite like their directional

indicators for buy/sell signals on the m5 on the MT4 … those 2 indicators, 1) HOLT

EMA [HEMA], and 2) Heiken Ashi Smoothed are over in “Download Links”, and

are very responsive to trend changes that matter … download them and put on

an m5, and when both are the same color, trade from that side … pink for being

short, sky blue for being long on the 15s candlestick from Netdania … signals

generated by TEMA & ALMA.

The 10 YR Treasury just hitting a new yield low for the day, and USDJPY going

lower [YEN UP] in unison … there has been some “risk off” via the “Spoos”, but

for the most part USDJPY is a rate differential meme … and if US yields are going

lower, it’s gonna force some positioned longs out of USDJPY for sure … sell

stops being located where you’d expect them via the daily candlestick … now

after the London Fix, and even though for the most part I don’t have a problem

with USDJPY into the New York afternoon for trading, this first day back I’m not

wading into those waters.

One algorithm buy signal in USDJPY, and the TURNKEY PAMM IS UP SLIGHTLY

… heavy cross flows and a weak range for the majority of the day kept USDJPY in

the infamous FWD, and only into the London Fix did the range expand past the

60 PIP range … well, that went nowhere … heavy action elsewhere kept the YEN

in check, and the trading action was acceptable but not very good … this kind of

range over 8+ hours is about the minimum needed for proper VIX, and we barely

got there … no worries, tomorrow is another day.

… outta here … “The future’s so bright I need 2 pairs of sunglasses 😎😎, and my

own Brinks armored truck” 💓!! … Onward & Upward!!

-vegas