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Monday, November 23, 2020

ON THE EDGE OF A VERY DARK ABYSS

 

“Watch as ‘Murica goes into the abyss!”

Not much to say to a majority of Sheeple in ‘Murica who place more importance

on NFL scores, than the future of their country … dunno, maybe the ChiCom

Master OverLords of “JoeMala” let you keep your sports if the fraud holds up

… ultimately, you get what you deserve.


This was the third weekend in a row where BTCUSD got whacked in seconds,

only to climb back just as strong, if not stronger, from the “profit taking” [thank

you Bob Pisani, CNBC hack] … both Saturday and Sunday saw some vicious

breaks, and when the sell stops got finished getting filled at the bottom, the rally

was eye watering … looking at price as New York starts the week, you wouldn’t

think anything happened of significance.


Bitcoin is at an extremely important juncture as we start the week … poised for a

rest at a minimum, with maybe some stiff resistance overhead that finally sees

price back off some … quite frankly, it would be more beneficial for price to

consolidate around the 18K level for a few days during the week, to take some

of the froth away … and you can clearly see the froth on display as the “basis”

swings wildly from about 5 - 10 dollars on the low side, to as much as 30 - 40

dollars on the high side … remember, unlike the manipulative markets on the MT4,

this is pure “fear & greed” at work, and so you can expect wild gyrations in

sentiment … MOAR! trading action in the slowest 30 minutes of the day in Bitcoin,

than the entire month in manipulative FX.


And speaking of FX, another worthless Monday where it’s nonstop scumbag LP

bank manipulation from the word “go” … the only thing that makes EURUSD any

kind of viable market is its extremely low cost of trading … and today no

exception early to “Dullsville”.


The TURNKEY PAMM / MAM UP SLIGHTLY TODAY trading EURUSD.


Locked now inside a piss poor pathetic range of 53 PIPS, and the London Fix

fast approaching, there isn’t anything left here to watch except paint drying

… good grief, what awful markets … and then comes the “zinger” … like econ

data matters anymore … no, what matters is that all the specs were long on the

move above 1.19000, and the scumbag banks took them out back and shot ‘em

… simple as that.


Over in BTCUSD, no trading today for “The Syndicate”cuz things have got to

settle down … when M1’s are going 100+ points in seconds up/down, what does

it mean to “make a market”? … right, not a “Hoover Dam” thing … and besides,

this market is long overdue for some nasty corrective activity, which we are

getting today … at times, this shit is impossible, seeing 40 - 60 point moves in

less than 2 or 3 seconds, only to reverse and go equally fast the other way … so,

we’ll see what happens later.


Europe closed now, outta here early … until tomorrow … Onward & Upward!! 


-vegas



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