ASIA FLIES … YOU KNOW THE REST

 

“Seriously, what’s it gonna take for this side of the world to get decent action!?”

Once again, for like the umpteenth million time, Asia flies while the rest of the

world dies … it’s like any market isn’t even close to being the same in other

world sessions, where all that matters now is what happens on the Pacific Rim

during their biz hours … Europe is almost useless and worthless, and then we

get the scumbags of Wall Street … man-O-man, what a hot mess.

USDJPY doing its best to kill both longs and shorts today, and right after the

European open dump, it’s basically straight across in the infamous “Flying Wedge

of Death” [FWD], inside a 35 - 40 PIP-ish dogshit range … that won’t stop the

hellish spikes from nowhere that show up and reflect somebody panicking, that

got front run by the usual suspects … then there’s the ISM numbers, where in

180 seconds the entire 5 previous hours get taken out back and shot … all the

buy stops filled you already know. 

Then IMMEDIATELY roll over and head for a new low, cuz narrative … and after a

new low for the day by a hair, it’s rally time and kill the shorts again … but what

really hurts trading, are the spikes of 5 - 10+ PIPS that come and go in seconds,

sometimes microseconds … doesn’t matter how much sub m1 we are, blinking

your eyes and seeing the bid go from [for example] 03 to 11 in less than 2 seconds,

OR vice versa, and you can just feel the collective pain around the world of a

market that is thin, illiquid, and manipulated.

Multiple algo buy signal trades today in USDJPY … TURNKEY PAMM DOWN

SLIGHTLY … what an ugy day to get long … too many “false positives” for sure

… however, with volumes going up and many more trades today, if this is the

worst that is gonna happen to us, then I’m pretty happy with the trade results

… the directional price bias on the MT4 with HULL 40, Hull 100, and HULL 200

EMA’s giving a very good read on sentiment … for my money, all I need is one of

‘em “green” for me to take a buy signal seriously on an algo signal on the

Netdania 10s … we’re at a point now where the 10 YR Treasury yield is sitting

right on top of the Fed funds rate … oh yea, that makes a lot of sense … “does

it invert”? … onto tomorrow, it can’t possibly be any worse than today.

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

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

-vegas