OMG! TRADING

 

“What do you expect when all we get is speed of light then crickets!?”

Time to move away from politics and the state of ‘Murica … if you don’t already

know the country is full steam headed towards Venezuela, then there’s no hope

for you anyway … the only question is how fast? … “Barbie says maths is

hard”!

Looking at today’s trading action since the European open, and all I got to say, is

that it’s a full fledged joke … Cable? … Nada … gold? … loser formation

… DAX30? … who cares? … I’ve seen more action & movement at a nursing

home … this is simply pathetic … and the only market moving is? … that’s right,

Bitcoin [BTCUSD] … and as I said yesterday, more coming on Sunday’s blog

update.

NO TRADES TODAY IN THE TURNKEY PAMM / MAM.

Gold is back in the fold cuz for 3 straight days, and the market has had bid/offer

spreads consistently in the sub 20 - 30 cent per oz. range … was looking for a

breakout to the upside today very early, and instead it died in Europe and went

“Thelma & Louise” pretty quickly once the usual scumbag banks in New York

got to their screens around 7 AM EST, and it tanked back below 1900 … straight

down $20+ dollars per oz., and then it dies going sideways … typical gold “loser

formation”, cuz if you got caught you got no way to make anything back

… amazing, just the way the scumbag bullion bank LP’s want it! … still, I got my

eyes firmly on this market, cuz if the spread stays decent & manageable I’ll trade

it again … quite frankly, the only 2 markets that are moving with any decent

velocity and going somewhere are gold & Bitcoin, and on the Turnkey server I

have no Bitcoin trading [sadly] … “this up a PIP, down a PIP bullshit in FX pairs

and getting bled dry is for the birds”!

Meanwhile, as I watch FX diddle fart around hour after hour and gold doing nada,

the Mrs. is over in the corner getting rich trading BTCUSD off the trading

algorithm … pretty soon I’ll be begging money from her! … and the dog? … he’s

sucking up to her like a kid at Macy’s sitting on Santa’s lap … it’s no mystery

… BTCUSD is consistently having $300+ ranges, with the other day over $1,000

… low bid/offer spread and very low RT commission rates in a market that moves

with a superb trading algorithm, and you got a very nice model for profits

… outside of gold, where else in FX is anything really moving? … right nowhere,

just vicious chop … but tomorrow’s Friday and who knows, maybe gold can

explode higher ... we’ll see.

How many exploding heads does a person get? … I’m running out of heads!

… Until tomorrow … Onward & Upward!! 

-vegas