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Wednesday, November 22, 2017

WAIT … WHAT?

“Clearly, there was/ is a disturbance in the force”.

Another very sloppy, crap day in GBPJPY, volatilities running severely under the norm; from the European open, how many times to the low, then the high, and back & forth all frickin’ day? Words fail me to describe this kind of action, where it’s nothing but scumbag LP “hit jobs” on fills. “Why yes, I’d like some whine with my cheese”!

Seriously, hitting the liquidate button when the offer is in the 14’s, and getting filled in the 23’s? And that was just the first trade; add another couple of PIPS to the list on trade #2, and while I can take losing about $100, it doesn’t sit well with me when $120 of it was slippage. I’d complain to Turnkey, about this and the fact the LP raised the spread today, but they aren’t going to do anything, and of course the scumbag LP just laughs in your face. So, it is what it is.

Simply an incredibly frustrating day, with the market going nowhere [until Fed minutes, but even then not much], but the bids/offers reflecting a very nervous trade, with traders getting caught numerous times on the wrong side of the equation and that led to some nasty spikes, both up and down. You couldn’t buy it and you couldn’t sell it without getting into trouble; truth be revealed, losing $100 feels like victory … that’s how bad it was.

Tomorrow sees some U.K. GDP numbers in the early A.M., and then as the U.S. morning dawns trading comes to a halt for the Thanksgiving Holiday. Small post tomorrow, if I do anything … otherwise I’ll be here on Friday. I’m outta here … until tomorrow, or Friday. Onward & Upward!! PAMM spreadsheet directly below.


Have a great Thanksgiving Day everybody!

-vegas

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