I reconnected to see the data feed, see what all the hubub was about...It was nothing. That sort of thing happens all the time in the ON session when Asia opens, and then Euro. Fucking newbs. Stop freaking about ON sessions. It's like RTH sessions, but after dark. Sheesh. Wimps.
Well watch out when the Euro session gets going! Watch the 2AM-ish 3 AM-ish time frame! OMG it is going to be bombastic! It will be never-seen-before-moves by all the elite traders here, who know fucking NOTHING about overnight sessions! Shock the monkey!
Ok I'm a wimp, but goes up20 points right after I was stopped out of a long position. Ever been frustrated?
That is irrelevant, because according to most people on this forum, fundamental analysis is bunk, and only TA matters. So your pretty little central bank move had no impact on the markets. The sudden shirk-and-jerk move over 3 minutes was purely TA. Yep, that's all it was.
YES, you are a wimp, because you are crying wussy lala about a sudden move overnight. Do you ever cry wussy lala about a sudden move in USA RTH? I do not recall you doing so. So why does it hurt more in the ON session? Never saw it coming? Welcome to futures, man. Enjoy the ride.
January 17, 20236:59 PM PSTLast Updated 8 min ago BOJ keeps yield control policy unchanged, dollar surges TOKYO, Jan 18 (Reuters) - The Bank of Japan on Wednesday maintained ultra-low interest rates, including its 0.5% cap for the 10-year bond yield, defying market expectations it would phase out its massive stimulus programme in the wake of rising inflationary pressure. At a two-day policy meeting, the BOJ kept intact its yield curve control (YCC) targets, set at -0.1% for short-term interest rates and around 0% for the 10-year yield, by a unanimous vote. The central bank also made no change to its guidance that allows the 10-year bond yield to move 50 basis points either side of its 0% target. The decision follows the BOJ's surprise move last month to double the yield band, a tweak that analysts say has failed to correct market distortions caused by its heavy bond buying.