WORD SALAD OLYMPICS

“BOJ Apparatchiks meet to discuss a rapidly falling YEN!”

Apparatchiks at the BOJ and/or MOF in Japan, are absolute masters of the

“word salad” game, especially when they’re smart enough to voice “concern”

over a falling YEN right as USDJPY is falling … talk about getting “bang for

your YEN”, early this morning one of them did just that … of course, now he

looks like a genius, when all he did is recognize an opportunity to call for a

rising YEN when it was gonna do it on its own!

Sayonara 135.500 & 135 on the charts for USDJPY, and hello 10 YR. Treasury

yields sitting right on top of 3% even … PMI’s out of Europe this AM were bad,

igniting European recessionary fears, and the Dopes at the ECB haven’t even

raised rates yet … they’re good at “talking” … beyond that a filled diaper is more

helpful and useful than these Asshats.

Forget “risk on / risk off” [RORO], the YEN is all rate differentials, going almost

tick-for-tick with the 10 YR. Treasury … and this engineered economic “demand

destruction” by central banks, led by Spicoli & the other Lounge Lizards at the

FED is intentional … cuz if the YEN goes tapioca & Venezuela Bolivar, the

world’s monetary system goes “TILT” cuz nobody has Trillions upon Trillions of

dollars to sop up the damage … and so like I said yesterday, here we are and as

a result of this Biden gets thrown under the bus, cuz hello recession, maybe

depression … the world’s central banks simply have got to save Japan from their

stupidity, and can’t let it go down the drain … Bottom LIne: “Everybody in the

world gets to suffer economic devastation in order to save Japan and allow

“Peter Pan” Kuroda to save face by not having to face the music … for now

… this entire shitshow circus of raising rates aggressively into an economic

slowdown is INTENTIONAL … the Lounge Lizards at the FED ARE LIARS!

The one major difference about today’s “casino markets”, is the fact that “there

aren’t any rules anymore in trading” … ZERO … YEN or anything else can go

and do ANYTHING, and can move UP/DOWN farther & faster than you have

money to keep up … the word “never” can’t be used when the “Vix Genie” is out

of the bottle, and boy is she out! … today the second day in a row where I’m

basically peeing into a CAT 5 hurricane wind and expecting not to get hit … I’m

a buyer of USDJPY, not a seller, and I gave my reasons in yesterday’s blog post

why in major dollar pairs I trade from one side only … with rare exceptions on

the other side, but it does occasionally happen … range today decent but not

spectacular, when considering coming into the European session, Asia put in

about a 110 PIP range in USDJPY … current 20 Day Range MA = approximately

158 PIPS, so just shy of 200 PIPS [so far] for the day but less than 100 PIPS for

the 9+ hours I’ve been here … and once again, as soon as I hit the trading screen,

it’s nothing but almost straight down for hours on end, as the 10 YR. Treasury

yield gets monkey hammered lower … don’t get me wrong here, the range for

my session is decent enough, it’s just that until we hit bottom and bounced, it

was straight down … and straight up / down doesn’t do anybody any good.

Still, you’d be hard pressed to complain being up anything, if you’re pressing

USDJPY from the long side the last 2 days … the trading algorithm has been

“tweaked” for the 5 pairs the PAMM trades at Turnkey, namely USDJPY,

EURUSD, GBPUSD, EURJPY, & GBPJPY, and details will be in version 2.1 of

the manual come this Sunday’s blog post update … nothing major, but an

improvement in signals.

And right as Europe closes, here comes the scumbag Wall Street banks for

another afternoon session of “scumbaggery & fuckery” they are famous for

… I put nothing past them, and as readers know, I hate New York afternoons

… rarely is there anything positive coming from any New York afternoon

session.

Multiple ALGORITHM buy signals today in USDJPY … TURNKEY PAMM UP

SLIGHTLY … market just wouldn’t move like I wanted, and in one trade I wasn’t

particularly thrilled with my entry price … overall, fills decent and latency

excellent so I’m not B.I. Itching too much … USDJPY moves so frickin’ fast, I’m

almost tempted to say you could trade it successfully on the 10s chart, but there

looks to be too many “false positives” when it slows down, even for a couple of

minutes … I’m confident the 15s chart is the proper time frame for our 5 pairs,

and the parameters plus settings are the optimal signal generators, or very close

to it, to give us highly profitable trades consistently, day-after-day, even in down

markets like today … onto tomorrow.

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

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

-vegas