“Kinda sums things up nicely for GBPUSD, doesn’t it?!”
We start the week just as it ended on Friday … going nowhere fast … Asian & early
European sessions a frickin’ joke … “is the internet on”?
“Do I actually look like this when trading”?
The entire trading world a metaphor for Al Bundy.
Welp!, it’s early yet, so there remains some slim hope that the jackals that infest
Wall Street, will see to it that some movement creeps into FX before the day is out
… maybe, maybe not, who knows? … and no, it’s worse than last week!
Closing IVIX INDEX & European session ranges for our 2 FX pairs … 1) GBPUSD
IVIX INDEX = 44, SESSION RANGE APPROXIMATELY 40 PIPS, and 2) EURUSD
IVIX INDEX = 40, SESSION RANGE APPROXIMATELY 52 PIPS … scraping the
bottom of the historical barrel here going back to the turn of the century around
2000 - 2001 … the “World Pathetic Championship” was held today, and Cable
the clear winner … this is truly unreal how bad this shit can be when it decides
to dry up, take its ball, and go home.
Meanwhile over in “Hucksterville”, a/k/a spot gold, the lemmings who got killed
last week, are back at it, bidding our shiny yellow rock back up the hill … range
today almost $60 per Oz. … “can lightning strike twice in the same place”?
… longs are about to find out, right along with historic long positions in EURUSD
for specs according to futures data … what can possibly go wrong?
NO trades today in the TURNKEY PAMM / MAM.
What is it you exactly want me to do in Cable with NO RANGE & an IVIX INDEX
level eating dirt off the floor? … until tomorrow, cuz I can’t take another minute of
this BS drift … Onward & Upward!!
-vegas
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