3 Jan Eur session Quite straight forward plan because of big gap, there are lots of land mines thrown across all the markets. big boys need time to digest what has happened and get themselves organised. Time to do other things.
4 Jan Nonfarm Employment change / US session what happened so far ... ES YM RTY NQ already up since Asian session. Now left with skin, bone, insides and no wagyu meat. gbp, crude oil, copper already up since Asian / Eur session but they seems to be laggards gold already down since Eur session but it seems to be laggard NFEC data was out. As usual, over the past few months, markets were rather immune to economic news. Nowadays very few people trade the news. Well. I will just wait for ES YM RTY NQ reversal down signal. If not, no trading.
9Jan US session number of signals during first half asian session : 10 ! number of signals during first half Eur session : 1 <<<< very scary session number of signals during first half US session : tbd Hope it will not be scary session. Hope the market moves explosively. Natural Gas It has come down to its day chart comfort zone. day range has decreased drastically to ~ 100 ticks from peak of 900 ticks. Spring is here? Perhaps time to archive NG chart. Hope next winter is colder and longer. jpy - now back to its tiny day range of perhaps 40 pips time to archive jpy chart too? perhaps time to retrieve other futures (soya, hog ...) from my archive.
cont ... not so scary session after all ... Indices not moving. US$ (EUR GBP, GOLD OIL) are moving due to don't-know-what reason. crude oil appears to be the LEAD. It has been up since last Christmas crude oil - very difficult or rather impossible to enter because there was absolutely no chart pattern. perhaps just one very big boy pushed up the price? interestingly CNBC reported BREAKING NEWS ! DOW RISES 150 POINTS ON US CHINA TRADE OPTIMISM in red
European session analysis Most insignificant day 9 Jan 19, day 1 aka dead market or lifeless market The antonym is most Significant day day 1 number of signals during first half session : only 1 day 2 number of signals during first half session : only 2 day 3 number of signals during first half session : only ? day 4 number of signals during first half session : only ? typical number of signals - about 5 when is market going to wake up?
10 Jan US session so far not very good sign. it is a dead market or lifeless market. well. Let me monitor for another one hour. Let's see CNBC headline : Stocks fall for the first time in five days on concerns about earnings, Macy's leads the slide
11 Jan Eur or day 3 dead market session gold, copper was up due to whatever reason during Asian session. eur gbp, AUD, crude oil, Nat gas was slightly up too. NQ Hangseng appears to form close wedge Lately Italy btp and Germany buxl are rather intercorrelated. At times they are anti intercorrelated or non intercorrelated.
European session analysis Most insignificant day 9 Jan 19, day 1 aka dead market or lifeless market day 1 number of signals during first half session : only 1 day 2 number of signals during first half session : only 2 day 3 number of signals during first half session : only 2 day 4 number of signals during first half session : TBD < 2? or > 10? day 5 number of signals during first half session : TBD typical number of signals - about 5 when is market going to wake up?
Yep, in the EU hours the US furures are trading like someone poured molasses on them. Daily ranges and volume look to be shrinking from the joyous activity we had from Oct-Dec. Contraction follows the expansion, its a painful universal law.
Day 4 Dead market session Most insignificant day 9 Jan 19, day 1 aka dead market or lifeless market day 1 number of signals during first half session : only 1 day 2 number of signals during first half session : only 2 day 3 number of signals during first half session : only 2 day 4 number of signals during first 3 hrs : zero day 5 number of signals during first half session : TBD typical number of signals - about 5 # of signals during today first half asian session : 9 ! when is Eur market going to wake up?