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Monday, September 6, 2021

FX NOT READY FOR “PRIME TIME” TODAY

 

“The world is safe today cuz Preezy Idiot Boy is locked in his basement!”

No issues on the world stage today, except 6 planes filled with Americans are

stuck on a runway in Afghanistan, and are basically hostages … gee, who could

have ever seen this coming? … meanwhile Sleepy Joe is locked in his basement

by his handlers, the MSM sees nothing, hears nothing, and reports nothing as

per usual running protection for “Sir Dopiness” … the U.S. military has no clue,

and is busy fighting “white supremacy” in the Marines, while the Communist

run State Dept. looks as useless and feckless as ever … in other words, all

normal this Holiday.


FX today, simply not ready for “Prime Time” … the European session just about

half over, and EURUSD has a 10 PIP range … thanks, but no thanks … granted

this is a Holiday with markets closed in the U.S. & Canada, but Europe doing their

best to remain irrelevant in trading with shit like this … you know this market is

in trouble from a trading perspective, when 10 - 30 seconds go by for a change in

the bid / offer spread that is 0.1 PIPS … 1) there is no spec order flow, and

2) whatever institutional flow there is, can be described as “very light” … in the

shadow of that, where is there anything to trade if/when I get a buy signal? … well,

of course the answer to that is there isn’t anywhere for EURUSD to go, cuz it

hasn’t moved yet, and the clock is ticking towards the European close … at this

point, I don’t care what it wants to do, cuz it’s gonna do it without me … the

chance for any kind of movement has come and gone with the first 2 - 3 hours,

and a 10 PIP range inside this clusterfark leaves little under the best

circumstances … not wholly unexpected I might add, but disappointing

nonetheless, so see ya tomorrow Euro.


… outta here … “the future looks so bright, I need sunglasses”! 😎

… Onward & Upward!!


-vegas




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