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Wednesday, August 26, 2020

THANK GOODNESS THERE’S ONLY 31 DAYS IN AUGUST

“I know my limitations!”

I’m not sure you’re ever gonna find a worst trading day than this, with the entire
European session range in EURJPY of 30 - 35 PIPS from the tips … the Asian
session ended with an IVIX INDEX level = 34, which is lower than D.E.A.D. … the
first half of the European range [11 - 15 server time] IVIX INDEX level = 36 [not
much better than dead], and the most active last half [15 - 19 server time] IVIX
INDEX LEVEL = 46 … add it all up inside a 30 PIPISH “Flying Wedge of Death”
[FWD] shitshow circus, and it spells trouble if you do anything … quite frankly,
this market couldn’t get out of its own way the entire day, and whatever pitiful
move it made, it quickly turned around and went the other way … “can we just
get the hell out of August already”?

Tomorrow sees Spicoli early in the New York AM EST [9 AM to be exact] start to
give his J-Hole speech … should bring something to the market, and whatever it
brings it will be better than the horseshit we had today … there simply isn’t
anything I can do when IVIX is this low but leave it the hell alone, otherwise it
leads to trouble … we’ll see what happens tomorrow.

No trades today for the TURNKEY PAMM / MAM.

Not only did the market never get IVIX over 50, the European session’s range of
about 30 - 35 PIPS is one of the worst you’ll ever see … just mind blowing
pathetic, but it is what it is, and in dead Augusts this is what you get … hopefully,
with tomorrow’s Spicoli bullshit we’ll be able to get some market activity and
trades.

… until tomorrow … Onward & Upward!!

-vegas


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