After repeatedly being told, “nobody knew” that the Afghan army would fold like
a cheap suit, and being “assured” they could stand up against the Taliban, here
comes a taped phone call between Preezy Idiot Boy, and the then current Preezy
of Afghanistan, where “Lyin’ Biden” tells him to LIE about the readiness &
capability of Afghan forces to hold the Taliban at bay, cuz the situation demands
the public be lied to so as to not cause “undue concern” … THIS IS CLEARLY AN
IMPEACHABLE OFFENSE, but nobody in the “clown college” [a/k/a Congress]
has the moral capabilities to do anything, the U.S. being a morally bankrupt
Banana Republic … of course he LIES, HE’S A PATHOLOGICAL LIAR AND
ALWAYS HAS BEEN … the guy wouldn’t know “truth” if it bit him in the ass
… and so the LIES stand, the MSM sycophants remain silent, and we’ll ALL BE
LIED TO AGAIN NEXT TIME HE OPENS HIS PIE HOLE!
Here we are, the day before the most important NFP jobs number evahhhhhh!
[again] … some very well defined ranges being carved out in CAD & crude oil,
and is this another “hurry up & wait” trading day? … this is the 7th day in a row
in crude oil and 5 out of the last 7 in CAD, where the range has been extremely
tight … think of it as a “coiled spring” and you won’t be far off … quite frankly,
after a quiet overnight from the Chuckleheads in the Asian session, excluding
crypto of course cuz it’s bat shit crazy [BSC], and Europe completely dead as is
the “norm” now, I’m not sure either market has what it takes to go for a breakout
either way … we’ll see how it shakes out today.
And as we roll into New York trading, it doesn’t look good for anyone looking
for anything to move, except crypto of course where 99.99% of all the trading
action is occurring … FX simply COMATOSE … obviously, FX didn’t get the memo
that August is so over! … all we are getting is nothing followed by a “spike from
hell” up or down [what difference does it make] that goes nowhere … welcome to
scumbag LP bank front running an order by their ILLEGAL prop desks hidden away
in a tax haven account … and once that gets “ripped”, it’s the other way via a slow
crawl until next time … EVERY SINGLE TRADITIONAL MARKET IS EXPERIENCING
THIS RIGHT NOW … EVERY “HOOVER DAM” ONE! … the only “wildcard” so to
speak is crude oil, cuz your CNTRL-P machine isn’t gonna do any good delivering
oil or producing it … other than that though, it’s the same story day-after-day, and
you gotta wonder WHEN DOES ALL OF THIS SHIT EXPLODE?
NYSE open here in a few minutes, and what a depressing sight to behold … I
mean, seriously, nothing is moving anywhere, except for slight moves in EUR &
Cable, but in the scheme of things the moves are piddly … oh well, killing VIX is
the name of the game for the manipulators, so what else is new? … looking at gold,
and all I can do is laugh … well, at some point it moves, and I would be remiss if
gold wasn’t in our trading picture … it’s not doing much right now, but they can’t
break it either, and trust me they want to! … here minutes before the NYSE open
and gold doesn’t even have an $8 range … how pathetic is that?
Oil suddenly deciding to go straight up about a $1.30+ … sure, why not? … it’s
“London Fix” time, where you too can buy the top from a friendly scumbag bank
… ho hum, just another amazing coincidence, huh? … checking the tape, EUR
finishes the European session with a massive 34 PIP range, Cable with a
whopping 70 PIP range, and JPY coming in comatose with a 20 PIP range
… “my, my how doe anyone handle this explosive volatility”? [snark of all time!]
… meanwhile oil just goes straight up, with “zip, zero, zilch, & nada” corrective
activity the entire frickin’ day … “does oil somehow know I want to trade it now”?
… meanwhile CAD moves in tandem with oil, and they’ve cleaned out some sell
stops below the market, and it has a 78 PIP range … like crude, just straight
down in USDCAD since the NYSE open, with zero corrective activity.
Of course, now the problem for crude today, which isn’t Turnkey for a change
[knock on wood], but the fact that since it went straight up to establish its range
for the day of $2,70+, which is about 20% above its 20 Day Range MA, any
corrective activity has to be abandoned cuz the move is O.V.E.R., so where’s it
gonna go if you get long now? … the time for corrections was when it was fucking
going up, but no can’t do that cuz whoever did this wanted zero company on the
ride up … and so get long now, and your stuck, unless you think that 1% chance
to extend the range further is somehow a good deal to wait for … yea, I don’t think
so either … if it were to break well under $70 maybe, but anything else you’re
looking at heartache … good range in crude today, can’t beat that, it’s simply too
bad it went straight up, and since the NYSE open it’s been in the Loser Formation
… see my shocked face … usually it doesn’t, today it did … ho hum move on to
tomorrow’s NFP idiocy, and we’ll see if job gains can support this $70 level in oil
if it holds.
For FX, CAD unfortunately like crude, went straight but was otherwise a normal
day … and like crude, it too after gunning the stops is now in its Loser Formation
… the other FX pairs, still stinking pathetic in terms of how they are trading
… you’re either in the ride at the start or you’re buying high or selling breaks cuz
there isn’t anything else … and when it turns it’ll be when the scumbag bank says
it turns, and that happens when spec order flow stops … and amazingly, it
stopped right at the London Fix … probably a coincidence, go figure.
No trades today in anything … can't trade anything if nothing actually “trades”,
and unfortunately even crude & CAD decided to go straight today … not buying
rallies or selling breaks … tomorrow should be interesting … NFP Idiocy here
we come!
… outta here … “the future looks so bright, I need sunglasses”! 😎
… Onward & Upward!!
-vegas
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