“Meanwhile … inside the FED!”
Short blog post today, while gold diddles around in a $5 range doing
absolutely Mr. Jack Squat … adjectives fail me at this point, in what can only
be described as the world’s worst major market for trading action I’ve ever
And while gold sits and pisses all over itself mightily, over in the WTI Crude
Oil blog [ www.traderzoocrude.blogspot.com ], a banner day for profit, as the
signals service returns over $200+ on a small account in WTI & the
Russell 2000 [RUT2000]… and if you go over there and read it, and don’t
understand it, make it a point to learn it and watch your account grow
… truth be revealed, if I could run a PAMM/MAM over there, I’d do it in a
heartbeat, but it can’t be done for a number of reason, the most important
being regulatory restrictions. But, the signals service is available, at less
money than you’d pay for a paper each day, and we do all the work. In any
event … LEARN!
Tomorrow could easily see the FED “fold” and go dovish, ass over the apple
cart … problem is, everybody in almost all markets is positioned for it … “I
fail to see how the market makes everybody happy here, and quite frankly, this
could be a prime example of “buy the rumor, sell the fact”, including gold, which
could jump initially to set off buy stops, but then get “monkey hammered” into
oblivion”. The other scenario, is that the faculty lounge Twits at the FED,
completely miss the boat, are tone deaf to the markets, and merrily go their
way to hiking rates some more tomorrow and into 2019 … and if that
happens, which is a definite possibility given their track record of complete
incompetence over the years, markets across the board will make the Titanic
look like a rubber ducky in a bathtub.
And while it’s nice to think the worst is over for gold, I would remind you that
we’re only about $50 - $60 off the lows, with a complete 180 degree turn in
market interest rate forecast for 2019 & 2020 … a further hike in rates, even if
slower, and gold gets executed at dawn. And while the market isn’t going down,
bullion dealers get paid to be short via “vig” … they can wait … most longs
can’t … and therein lies the rub, in addition to the fact trading action is simply
terrible … this is almost not even a market anymore, but simply dealer
shuffling & “scumbaggery” on a massive scale … throw in some
“slippage candy” on fills, and it’s an almost impossible trade when it gets like
this. We’ll see what happens tomorrow.
No trades in the PAMM today, or in the C2 options signals service.
This crap can’t even break a $5 range … as little as 2 - 3 years ago, starting
early in Europe, there’d be only a handful of days PER YEAR, gold wouldn’t
see a $5 range … now? … ughh! Nothing else to really say.
I’m gonna say this again cuz it’s important … “if you haven’t been over to the
crude blog, get over there and learn a better way to trade than you are currently
doing, wherever you have an account … reduce risk, increase ROI [return on
investment], and trade volatility, instead of getting mugged & raped by scumbag
LP’s going after your stops, and handing out “slippage candy” for the effort,
trying to play direction of price … if you got questions, email me, and I’ll get back
to you ASAP … as I’ve said before, once you learn what you don’t know now,
your head will explode … it’s about MONEY … YOU WANT MOAR, RIGHT?
… Ok, I’m tellin’ you flat out … get over there and absorb the priceless
education I’m handing out, so you can grow a small account into a big
Ok, onto tomorrow’s FED meeting … I’m outta here early today, I can’t take
this shit for one more minute … until tomorrow mi amigos
… Onward & Upward!!
Have a great day everybody!!
OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND
OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY
SERVICE. DETAILS IN “DOWNLOAD LINKS” SECTION IN
RIGHT HAND COLUMN. START YOUR JOURNEY FROM
WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!