As one approaches the “event horizon” things start getting really strange, as the gravitational pull of the black hole exerts such force as to actually bend space and time. There is little explanation for what happens next short of the term “spaghettification” where you are essentially “stretched out” over time and space in a single stream – a single atom wide.
If you are looking for the usual set of intermarket correlations to give you any kind of guidance here on the outer edge of the black hole – I can assure you…..you’ll need to look again.
Interestingly the USD is still down as I’ve suggested, along with the Nikkei, Gold (seemingly already in the black hole), stocks etc…and aside from AUD and NZD taking dips on the China data, things are actually relatively calm.
The move in gold fits in nicely with our consideration of the FED’s further printing efforts continuing, to the degree that – at this point (when gold finally does take a bounce) USD will be free to fall ( as it will ) without getting everyone’s overalls in a knot. Nice move boys! -You’ve done it!
I’ve been considering a time where the USD may fall ALONG SIDE stocks ( as that correlation is also out the window), and day to day – see that it as a likely possibility.
As it stands….Im still looking short USD.
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You and me both. I’m riding out a small drawdown at the moment. It may turn into a bigger drawdown, but fuck it. I’ll ride that out too.
This writing deserves more commentary. Enjoying your posts both here and on fxkong.
Thank you sir!
It’s been interesting getting into the blog space.
More often than not I feel that my findings / observations go unnoticed/misunderstood. I also find that (considering my point of view – is that of someone who hasn’t lived in western culture some 15 years now) the majority of people reading – aren’t exactly “receptive”.
Whatever – I will continue to trade it like I see it.
Thanks again.
I didnt think I could be the only one seeing correlations completely go out the window. Specially since the 1st trading day this year and the congress ramp job. Everything is out of whack. When the market gets weird, get small….is my philosophy of late..
Great advice……trading small keeps you in the game – and that’s what counts.