“Where you find out government, public health, & markets are a SCAM!”
I could also list about another 35 areas, including “pro sports”, where poser,
whiner millionaires fret about shit they know nothing about, all the while the
“hypocrisy meter” is setting new records daily … “Hoover Dam” near everything
you read & see, involves some kind of “scam” attempting to pull your thinking
towards 1) more government, 2) more socialism, and 3) you voluntarily giving up
your God given freedoms to the “mob”.
Today a “Banker’s Holiday” in Britain … “I guess all that stealing of the public’s
money via fees, fines, and other assorted bullshit they make up every year, has
got to wear down even the most hardy banker over the Summer … so nothing like
a Monday off, on the last day of August, to rest from the stealing … pretty sure,
though, they’ll be back at it come tomorrow.
The first half of the European session today a complete and disgraceful joke
… IVIX INDEX scraping the bottom of the barrel as U.K. banks are closed, coming
in at IVIX INDEX = 48 … last day of August 2020, and it can’t end soon enough for
my tastes … starting out in stocks, and FX continues dead … then, cuz stocks are
lower, here comes FED Apparatchik Bostic telling everyone that economic activity
slowed in June & July, and things have gotten worse in the U.S. … well now,
another PIE Hole throws shade to the stock jockeys, so don’t worry we’ll have the
CNTRL-P machine on “high” for the foreseeable future … and Bingo! Bango!
Boom!, everything FX takes off straight up … dead one second, bat shit crazy the
next to the upside… and when that dies down 45 minutes & 60+ PIPS later, the
trading day goes with it … another “speed of light … crickets” we’re in “The
Twilight Zone”, brought to you by manipulation HQ, thank you very much.
Sure, IVIX INDEX levels the last half of the day are decent enough, coming in at 68
in Cable, but the action is ALL straight up … and when the corrective retracement
comes, that’s all folks, there ain’t nothing left on this last day of August … “I’ve
never been so happy to see an end to a month of trading in my entire life
… goodbye August, good riddance”!
Yen volatility picking up, and I’ll monitor it to see if it’s “real”, or simply
re-positioning cuz there’s gonna be a new P.M. coming soon … I’ll believe it when
I see it, but quite frankly I would welcome more volatility in Yen cuz it would
benefit all other pairs as well.
No trades today in the TURNKEY PAMM / MAM.
Nothing to do when it’s dead due to a bank Holiday in the U.K., and nothing to do
when it goes bat shit crazy to the upside in seconds, but to wait for proper entry
… that never came cuz once the day’s 20 Day Range MA got very close, and we
got to the London Fix at 18:00 server time, it was all over … and once again, what
an amazing coincidence to see the London “Fix” at the high of the day
… “corporate dumb asses getting “fixed” alright"! … in any event, once that came
and went, there isn’t anything here but specs too long for their own good, and that
leads to the rest of the day seeing nothing but nasty chop and shit fills off the
market.
About time, I thought September would never get here … tomorrow sees the
world come back to trading desks, and hopefully FX returns to “normal” … good
trading days dead ahead, I can sense it … until tomorrow … Onward & Upward!!
-vegas
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