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Thursday, May 21, 2020

THE WORLD IS IN A VERY SORRY STATE

“What happens when there’s a real pandemic!?”

Not sayin’ take it lightly, but it ain’t ebola either … death rates maybe a tad
higher than a normal flu season, but with government fucking up every single
thing it touches, how does anybody know … for sure though, it’s nothing like
the 70% - 90% death rate of a real pandemic like the ebola virus, and the world
can’t cope … government laid bare for the ineffective morons they are at every
level … In 1968, right through the summer and into Woodstock, 100,000+ people
died from a version of some strain of nasty flu … even then Preezy Johnson
caught it … did the U.S. come totally unfucking glued? … No! … now though,
into the twenty first century and everybody is a snowflake … guess what?
… someday we’re all gonna die, and no matter how badly you want Nanny government to save you from whatever, it isn’t gonna matter … deal with it.

Why should markets be any different? … today’s excursion into FX a clusterfark,
with a “double reversal” in EURUSD, and a Cable market with a now 9+ hour
30 - 40 PIP range “Flying Wedge of Death” [FWD] … some days, you can’t make
this shit up and have anybody believe you … alternatively, both longs & shorts
taken out back and shot, after being mugged and raped, by our friendly bank
scum LP’s, who’ve never met an order that they didn’t want to treat like a hog
getting butchered … especially today, Cable seeing a pure, unadulterated bank
stop hunt out of nowhere put the high in, so that spec buy stops get hit … pure
“Thelma & Louise” right afterwards … over in EURUSD, where specs lined up
to buy the upside break of 1.10, sees them later rushing to sell below 1.09750
… thanks, come again! … now Europe is closed [thank goodness], and it’s time
for the real criminals of the financial world to take over, the New York banks
… add it all up, and it again spells terrible M1 trading action … Cable especially
has really lost any trading “mojo”, and what all of this crap has led to is simply
more brutal slippage, spikes from hell, and mystery ticks … cuz when the banks
can, they’ll tighten things up and then start handing out disastrous fills all over
the place … don’t believe me, just follow your order box and watch the tick
quotes … no bigger robbery scene than right here.

A couple of algorithm buy signals today in EURUSD … TURNKEY PAMM / MAM
UP SLIGHTLY.

The last 3 days, including today, have seen atrocious trading conditions in Cable
& EURUSD … markets lunge, they aren’t trading, and about 95%+ of the day is
literally doing nothing but “chop city” barely outside the frickin’ bid/offer spread
… Cable today a real piece of work, with about a 30 something PIP range over 9+
hours … the FWD killing traders looking for a breakout of the range either way,
and then not getting it and being forced to “pay up” to get back out from the
banks … the daily candlestick chart in Cable looking like today’s candle is an ink
smudge … I’d call it pathetic, but I don’t want to offend pathetic … EURUSD not
much better, and both buy signals saw no “pop” in price from “buy fuel” that
should have been there but wasn’t. 

And that tells me there’s no volume on these moves, and the specs aren’t in the
market … quite frankly, it’s a bag of dog poo, and we simply take the bad with the
good and move on … until tomorrow mi amigos … Onward & Upward!! 

Have a great day everybody!

-vegas




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