I come into the morning not expecting a whole lot market wise RE gold & USDJPY; after all, we got “Peter Pan” Kuroda & crew out tonight at 10 P.M New York time with their latest installment of “we can fly, we really can!”, and of course anything stupid is possible with this bunch, so to get a 140+ PIP move down today is a little surprising. I’m not complaining, just sayin’.
Politics over the weekend have a lot to do with market moods, and you would think Trump’s 90 day ban on Muslims from Obama’s 7 most dangerous countries list, so as to get vetting procedures in place, was the end of the Libtard world as we know it; anything more ridiculous than seeing Chuck U. Schumer crying? Seriously, with these assclowns, everybody is Hitler, all non Libtards are racists, and Islam is the religion of Peace [Yea, right.]
Anyway, some great scalper algorithm trades today in both USDJPY & GBPUSD. Directly below, 2 trades from this morning in GBPUSD.
I could just as easily chosen USDJPY for my examples, and there were many more than the 2 above in Cable. Point is, if you show patience and discipline the trades will come and you can capture the short term trend move.
Today’s post is kind of short by recent standards, but the rest of the week I got plenty to talk and write about. For now, I got some teleconferencing to do on the PAMM … until tomorrow.
Have a great day everybody!
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