MANIPULATION ANATOMY [IT’S OK CUZ THE EU DID IT]

 

“You’re too stupid to understand what’s good for you!”

“Well, wasn’t yesterday a classic lesson of government manipulation in action 

… buy hey, it’s OK cuz they get to do it, and besides, look at all the side benefits 

like hookers & mistresses get Christmas early this year from the Elites who run 

things … and since they know best, it’s in the public’s interest cuz you’re too 

fucking stupid to even feed yourself let alone decide financial stability … leave it 

to the smartest people in the room, OK”?

I’m referring of course, to yesterday’s blatant “readjusting” of EURGBP, 

where the Twits at the ECB trotted out Barnier to wax eloquent on “Brexit”  

… nobody can remember what he said, cuz he speaks in doublespeak bullshit, 

no doubt learned at one of Europe’s finest indoctrination centers known in 

some parts as college … no, his goal was to “talk up” the advantages to Britain, 

and let the rest of the ungodly world know that the E.U. was Santa Claus, and 

that there were so many gifts to be given to the British, and that they were 

being so magnanimous in negotiations, that the Brits never had it so good 

… “well, who the fuck knew that”? EASY PEEZEE: “Nobody but the E.U. 

insiders that got short the cross right before he steps up to the microphone 

… make no mistake, Barnier’s job was twofold; 1) kill EURGBP lower, and 

2) make a shipload of money quick for the manipulators [hey, we got bills to 

pay] … mission accomplished on both fronts, with the added cherry on top of 

specs getting blasted”.

And of course today, according to no less an authority than www.forexlive.com 

in earlier news headlines, “Barnier was more neutral in his comments to a 

German news radio program than yesterday regarding “Brexit”. … well, no shit 

Sherlock! … let’s just walk back some shit a bit shall we … no need to be too 

obvious you were the ECB’s Chief Patsy yesterday in manipulating EURGBP 

lower … EXIT QUESTION: “Did you make enough on your shorts to get your 

mistress a brand new Mercedes like she wanted”?

The setup here was perfect; 1) EURGBP makes new yearly highs, thus 

bringing in all the “trend followers” to get long, 2) GBPUSD is so oversold it 

isn’t funny anymore on the daily charts, and 3) markets are thin heading into a 

U.S. Holiday weekend. All of this, of course, the perfect backdrop to do some 

serious retail ass kicking as well as make a few bucks for those in the loop 

… and here comes Barnier. To be sure, the scumbag LP banks were most likely 

in on the scam, as the Elites don’t want to “burn bridges” with the hands that 

feed them. “Ho hum, just another FX scam … like the one on Christmas Day 

with EURUSD getting “monkey hammered”, then miraculously recovering, and 

then 9 days later it’s 1000 PIPS higher … but like I said, it’s “OK” cuz they do it 

… if anybody in the private sector tried this, they’d be in a fucking jail hole so 

deep they’d almost be in hell … you know it, I know it, and they know it 

… welcome to FX everybody”!

Turning to today’s EURUSD market … complete bank run bullshit, so what’s 

the point in trading? … not a rhetorical question either, cuz with zero volume 

and even less liquidity, EURUSD goes where some scumbag LP bank wants it 

to go for a corporate order front run … rinse, repeat, and you get the idea.

How thin is this crap today? … glad you asked … didn’t really expect to see a

“Thelma & Louise” right before the NYSE opened, but the market was ripe for

some kind of fall … first trade after taking out yesterday’s low, and on the way 

down to the 1.16441 low [so far], at 1.16455 I entered buy order and got filled 

at 1.16494 … “FFS! … WTF is this shit! … oh wait … it’s the “fair & honest” 

fills we get from Turnkey’s wonderful group of fucking thieves known as scumbag 

LP banks … cuz, you know, market conditions, duh … I would complain to them, 

but what’s the point … Turnkey, like every other brokerage house, could care less 

and ain’t gonna do shit about it … this is life in FX sometimes”. Oh boy, can’t 

wait to see the rest of the day.

One of my “golden rules” of trading, which has served me well, ever since 

electronic platform trading took over and gave power to scumbag LP banks, 

instead of the boy scouts in the pits [just a little snark here], is that when you 

get absolutely bent over the farmyard railing, over by the pig pen, by the 

scumbag bank on an entry fill, is to look to get the hell out anyway you can 

when you get up money in the position … the vast majority of the time, it’s the 

right move … the 7-11 robbery simply skews your profit position, and today 

was no exception on this first trade. 

And other than that, today’s sudden U.S. session drop, after near comatose 

conditions for the first 13 hours of the day, no doubt helped to the downside by 

some painful EURGBP & [to some extent] EURJPY long liquidation, that has 

come from the E.U. manipulators … we may see some more legs lower. Cuz 

with Italian bond yields blowing out, USDTRY inching towards 7:1 yet again, 

among other things like the Argentinian Peso getting clobbered, it’s hard to see 

EURUSD maintaining anything towards 1.17000 as we go forward with the rest 

of the day. Maybe, but I doubt it.

We’re now in the NY afternoon, and with Europe closed, round up the usual 

scumbag LP bank suspects to trade with, and quite frankly the bounces off 

interim lows aren’t for shit … they’re getting faded after only a few PIPS, and 

with EURUSD hanging around 1.16500, after a new bogus low was hit off by a 

couple of PIPS and now has rallied to screw shorts, it looks to me like this 

afternoon will be a complete bust … maybe EURUSD can go lower, but it’s 

gonna need some help from further EM crumbling down … more likely just 

more of the same “search & destroy” by Squid, JPM, & Citibank and nothing 

more than a light stop hunt on both sides of the trading equation, as it appears 

this stuff is slowly grinding lower. We’ll see.

Only one trade today … PAMM up slightly, a few bucks.

As I said earlier, “whaddaya gonna do when they screw you so bad on a fill they 

should be indicted? … well, the right thing to do is, whenever it happens, is to get 

out with some profit and then start over … and since then, this stuff has been a 

bucket of warm slop, with no real action to speak about other than touching off 

some light stops”. We already know they’re crooks, so … meh, shrug and move 

on.

Tomorrow most likely sees the worst of the week going into the Labor Day 

weekend, so it’ll be interesting to see when the music stops … my guess is, right 

after the NYSE open about 10 A.M. EST. … we’ll see what happens. So, up a 

few pennies today … onto tomorrow … I’m outta here early today mi amigos 

… Onward & Upward!! PAMM Spreadsheet will be back soon.

Have a great day everybody!!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND

OPERATIONAL; SEE “PAMM/MAM MONEY PROGRAM” IN

“DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN

FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND

START YOUR JOURNEY FROM WHERE YOU ARE AT TO

“ESCAPE TO SUCCESS”!