Quite frankly, the nation should be in a state of shock … shock that there’s a
demented, corrupt, clueless fool masquerading as POTUS … that presser last
night delivered a “brick to the face” for the people of the U.S., as it highlighted in
no uncertain terms the hypocrisy, ineptitude, and especially the moral bankruptcy
of a nation … “it’s bad enough you surrendered, cut & run leaving fellow
Americans behind, spit on the people that helped you for 20 years, but to literally
give them 1) billions upon billions in weapons, 2) hand them a list of Americans &
Afghans to look for, and 3) then threaten while surrendering, an interesting
concept to be sure, is the height of stupidity not ever seen in political history”!
… and then, as if by the magic of “handlers”, here comes the utterly fake emotion
of his late son to invoke empathy … “my, my, those polling groups sure do work
fast don’t they”?
Only thing is “Sir Dopiness”, your son died cuz of medical conditions, and these
13 marines who just died, are forever dead cuz of your stupidity, ineptitude, hubris,
and desire to get a “photo op” with a 9/11 speech where you tout how wonderful
you are and such a genius … instead, both YOU and your former boss, who
remember freed the very scum from Gitmo that most likely planned the attacks,
got a bucket of blood on your filthy hands as a result … and it’s just started folks,
cuz this hapless Moron doesn’t know anything but failure, and that failure is gonna
be paid with other people’s blood.
And we waited 100+ hours this week for this shit? … that’s it? … Spicoli said and
gave nothing but a bunch of bullshit of “we’ll see” … and with that, spreads in FX
double, gold’s spread goes higher as well, and nothing of substance has
happened EXCEPT a scumbag bank LP hit job on his release of prepared remarks
… outside of that 2 second stop hunt there isn’t shit here to trade, with M1’s so
small you almost can’t even see them on a candlestick chart … this is
embarrassing on so many levels … and the reason is simple … there isn’t
anybody trading it, cuz they’ve left for more opportune markets instead of this
constant bank manipulation bullshit where stops are run, and ranges are pathetic
… and the same for gold, only DOUBLE IT! … outside of that first few seconds,
after 45 minutes going into the London Fix here shortly, Cable has moved 11 PIPS
… Wow!, such power … let’s see what happens after the Bozo’s from dumbass
corporate institutions get their fills here in a few minutes, cuz usually they get the
day’s high or low … and at the “”Fix”, Cable is almost exactly where it was at
10 AM when SHTF and stops got blown up … “look at all the red & green spikes
that went absolutely nowhere in the last hour … banks versus a dwindling number
of specs, and after today you just have to wonder how many more weeks and/or
months the remaining players are gonna give FX before there are literally ZERO
PLAYERS”?
Meanwhile over in crypto, specifically BTCUSD, it’s just another day at the office
of “100% rock & roll” trading, where the world’s trading money is traveling to
faster than a Biden FUBAR … do spreads in perpetual futures go up each time
Bitcoin “burps”, like the scumbag LP banks do over on the MT4 or MT5? … err,
NO! … “open order book” [OOB] platform BABY!, so you know exactly where the
market is and where your orders are at, with complete transparency … compare
that to scumbag LP banks where we get NADA of that … is your fill fair on the
MT4? … yes, no, how the hell do you know? … “I know, the answer is a
resounding NO”! … and so, like all previous times we :hurry up & wait”, after the
banks clean out stops, markets trade for a few minutes and then the trading
ammunition runs dry … now what? … well, whatever “what” is, it’s not gonna
be helping you! … “thanks, come again”!
I’m gonna ask this question again, cuz it absolutely pertains to the matter of
making money … “If gold were a free market and had a 20 Day Range MA of
approximately $2,700 and it was priced way higher than it is now, with a 50
cent bid/offer spread that stays constant, AND YOU GOT PAID TO DO LIMIT
ORDERS, who among you wouldn’t be trading this? … and yet, rename this puppy
to “Bitcoin”, and all of sudden people get the fucking shakes and quivers! … why?
… it makes ZERO sense to me … hell, I’ll trade ANYTHING THAT MOVES, if it’s
priced right and there’s excellent volumes & liquidity, AND ESPECIALLY if there
aren’t any scumbag LP banks hanging around wanting to control things … well,
here it is, right in front of YOU!, with 100% spec activity around the clock.
Over the last few weeks, I’ve been contemplating moving trading to WTI Crude
Oil … most days it’s tradeable with either a 2 or 3 cent spread … I can live with
3 cents, but 4 cents or higher and it really pisses me off … if Turnkey had a
STABLE spread of 2 cents I’d trade it all the time … on days when the thieves
demand 4 cents or higher, I’ve just walked away and come back later, and I’m not
talkin’ about around inventories reports or OPEC+ meetings … that goes without
saying … but whatever anybody thinks of oil, it frickin’ moves! … gold sometimes,
but for a good long time it has been very inconsistent with scumbaggery
everywhere … it doesn’t “trade”, it simply goes straight up or straight down and
then sits, and it’s been a very lousy trading vehicle … FX has just been a
complete nightmare, with the European session completely comatose, and not
just here in August … it’s been this way for way to “Hoover Dam” long … I came
into today with a feeling FX would be a disaster after Spicoli’s speech, and I’ve
been proven right … sorry, I got to be honest … as I said yesterday, the “Spec
Monkeys” have left the jungle, and there isn’t anybody in size trading FX any
longer … they have all fled! … either to “Stock Bellies” [no bargain], crude oil, or
gone to crypto … we can’t trade crypto at Turnkey cuz their LP is a thief, simple
as that … crude oil here we come on Monday.
Currently, we end the week in crude oil with an approximate 20 Day Range
MA = $2.28, which is just under a hair of about 4% of the value of oil itself … that’s
on a par with Bitcoin that comes in at around a shade over 5% of its value … I’d
like to see a 2 cent spread, but I can live with a 3 cent spread, and if it can stay that
way, and remain volatile is the key … so far lately, that’s not an issue.
No trades today for the Turnkey PAMM … for obvious reasons I stated above.
Over in crypto for “The Syndicate”, and we’re up APPROXIMATELY 0.71%
I’m a little disappointed in myself, cuz I thought I should have done better … but
whatever, I’ll get over it … grinding our way to “Millionairehood” is all that matters
for participants!
Blog update on Sunday … outta here early… “the future looks so bright, I need
sunglasses”! 😎 … Onward & Upward!!
-vegas
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