So now, the bullshit artists that run NATO, and by default that means the Banana
Republic commonly known as the U.S., admit that the missiles that struck inside
Poland came from Ukraine, not the Ruskies … well now, isn’t that an
inconvenient truth, cuz just yesterday senile Biden & his hand picked puppets,
along with the self proclaimed “George Washington of Ukraine”, Zelensky, told us
something entirely different … “I guess the evidence couldn’t be suppressed
from the Europeans, and it was so obvious it came from Ukraine, that they were
forced to eat the “shit sandwich” and backtrack”. … amazing how that
propaganda schtick works when it’s all you do is lie, lie, and then lie some
more … never mind Sheeple, nothing to see here, move along!
Fake retail sales cuz the idiot state of the Peoples Republic of Kalifornia gave
out “stimmy checks” to the masses … and these Dopes wonder why there’s
40 year high inflation? … unreal.
Turning to the casino ,,, if you’re still in bed and wondering whether to get out to
trade, fugetaboutit! … why? … even with the scam that’s retail sales, that was
nothing more than “screw the longs, screw the shorts” across the board, where
the drive by shootings in USDJPY and GBPJPY were particularly ugly … I hate to
sound like a broken record, but seriously … “do I have to move and then live and
trade in frickin’ Thailand?” … cuz markets moving for them, and leaving shit for
us on this side of the globe is starting to unsettle me … today seeing some of the
sickest 10+ hour trading activity known to modern man … more action in a
cemetery on a winter’s day.
Ranges so low they are seriously significant “sigma” misses from the 20 Day
Range MA’s, both daily and New York session … how many more days is this
bullshit gonna last? … it’s not that the algorithm isn’t giving off signals, cuz it
still does … the problem is once you get in, it doesn’t go anywhere … maybe
you can squeak some PIPS out of USDJPY on some signals, but which ones, cuz
this lack of VIX means quite frankly the number of “false positives” goes up … it
doesn’t mean you automatically get killed, but there isn’t any action in here
where the “Trading Ratio” [TR] makes sense to trade ‘em … as I write, the TR in
USDJPY = approximately 2.6, and GBPJPY = approximately 3.0 … we need to see
at, or very near 4.0, or ideally higher than that … 2.6 and 3.0 ain’t cuttin’ it, and
what it means is simple … 1) you’re in trades far longer than you want to be just
to squeak out a few PIPS, 2) your risk profile on the trade rises dramatically, and
3) if you happen to get hit with a “false positive” cuz of a FED PIE HOLE going
“blah blah, yada yada”, or some other market moving info, A) you won’t know
about it for at least a few minutes, and B) if the spikes are quick and vicious, how
are you gonna make back the trade loser, which is most likely to be much higher
than you thought? … meanwhile, after you get your ears boxed, and hit in the
face with a brick, the day proves to be a “nothingburger” and you’re wondering
in retrospect, why the Hell did I buy myself aggravation like this?
What I want to see is simple enough, and is the most likely the probability event
markets serve up the majority of the time, although of late it makes you wonder,
and that’s move, then correct enough to generate an algorithm signal for a trade
via time and price, and then move some more in the original direction, paying
attention to potential reversals along the way that can lead to regular reversals
and.or double / triple reversals … but this kind of crap only sees moves, then
corrects to the other side of the range, where it stalls, and then like lightning
striking a tree, along comes a spike from Hell taking multiple minutes and
sometime hours away in seconds or a few minutes … rinse, repeat, and you got
the infamous “Flying Wedge of Death” [FWD] … nothing to do but wait it out
… No trades today for the reasons given above … it is what it is … the last four
trading days being a real head scratcher, in both USDJPY and GBPJPY
… go figure … onto tomorrow.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
No comments:
Post a Comment