How can the Western democratic world have so many POLS & Apparatchiks who
are idiotic, stupid, corrupt, morally bankrupt, feckless, tone deaf, and generally
more retarded than a basket of kittens on meth? … the “U.S. of China” leading
the pack of course … but not far behind are the clueless in France, Australia,
Germany, and a whole host of other places … “OMG! … imagine this … flu
viruses that mutate and infect people and make them sick! … quick, shut down
the world, this is unprecedented! … they don’t deserve the respect and authority
they think they should have, and I sure as hell ain’t given ‘em any”!
Another day in Cable, that sees the Asian session trade fairly well, and then
Europe dies … oh sure, a little short covering rally to screw with the
Chuckleheads before they head to the casinos, cuz the banks have got to unload
the shit they bought on the way down on the subsequent way up … and what
better way to do it then clicking off MT4 / MT5 buy stops or buy signals to get
the Chumps long again … and that gets faded quicker than a Biden promise,
and Cable rolls over and heads lower once again … trading action most of the
time so far in Europe a disaster … very brief spurts of what I would consider
“normal” trading action, but on the whole it sucks … welcome to Summer,
welcome to pandemic panic, and welcome to POLS & Apparatchiks who have
no answers for the problems they themselves are wholly responsible … FUBAR
top to bottom.
Again today so far early, it’s the “Flying Wedge of Death” [FWD] inside a relatively
tiny range that is driving action … and anytime you have small ranges, any
deviation from the median starts to see people on the wrong side of a trade
start to panic, and the scumbag LP banks are only too ready to help you panic
as the yo-yo roller coaster from hell just keeps on chugging along .. if trading
action were slightly better, there’d be enough IVIX to set off profitable algorithm
signals, but when things really slow down to a crawl state, it’s tough to get the
algorithm parameters to be in sync … which is fine btw, cuz it keeps us out of
trouble and skips the “coin flip” trades the casino banks love to offer
… thanks, no thanks.
Another day, another “Plunge Protection Team” [PPT] stick save for “Stock
Bellies” … what a joke … and just as predictable, relief rallies in everything else
cuz “Stonks” caught a bid from the manipulators … FX, gold, & crude oil say
“thanks” PPT, where shorts get crucified instantly and banks win again
… anybody but me see the pattern here?
One minor algorithm parameter adjustment today … it should give us quicker
signals, which lately has been an issue in Cable cuz of the “Speed of light
… Crickets” paradigm we see in FX … an ever so slight increase in IVIX would be
helpful as well, and my guess is that once Summer is over more normal patterns
emerge in FX … we’ll see … Cable stuck in negative technicals now, with a rather
“dumpster fire” break of first 1.36700, and then today with sub 1.36000 … it’s
gonna take more than some SP500 manipulation by the PPT to get FX back on the
bullish path … both Europe & Britain total basket cases politically & economically,
with ineffective & feckless leadership and scared shitless over the “flu” … they
change their diapers about every 5 minutes, and it leads me to wonder “how the
hell did they ever win WWII”? … their respective saving grace is simply EVERY
COUNTRY IS TRYING TO DEVALUE THEIR CURRENCY AGAINST OTHERS … if it
wasn’t for that and unlimited QE, both currencies would be below $1.
Multiple algorithm signals today in GBPUSD … TURNKEY PAMM UP SLIGHTLY
BELOW 0.1%
It doesn’t really matter what Cable does in terms of range, what matters is how
they do it … last 2 days have seen nothing but straight shots [“Speed of Light”],
turn on a dime and either go “Crickets” or it’s a straight shot the other way … no
trading, simply a wall of buying or a wall of selling where somebody is getting
hung out to dry … and when it’s over, it turns quickly and viciously … but no
matter, I take what Cable gives me and move on.
Crypto a running disaster show, and not just BTC & ETH … the alt-coins have
been hit hard, and volumes & liquidity have D.I.E.D. … what a shitshow circus
the space has turned into.
Onto tomorrow … outta here … “the future’s so “GOLD”-en bright I need
sunglasses”! 😎 … Onward & Upward!!
-vegas
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