Japan inflation numbers a non event last night … that means the Asian session
was quiet … then there’s Europe [whatever they do there, it sure as Hell doesn’t
involve trading!] … now into the sun coming up in New York, and is anybody
awake? … but it’s still very early, so let’s see what “Spoos” “scumbaggery &
fuckery” still awaits us to “jack” the YEN crosses.
And suddenly, the “Spoos” go full retard “Thelma & Louise”, challenging [so far]
the 3850 level … and then comes news of the next pandemic lockdown
government has planned [right on cue] of the “Monkeypox Virus” … gee, like we
didn’t see this coming? … is there a “wet market” of monkey parts in China
nobody knew about? … how convenient this shit suddenly appears 5 months
before the midterm elections … I guess we’ll need ALL MAIL IN BALLOTS, right
Libtards, cuz voting in person is just too dangerous for the children, amirite or
amirite? … if it comes to fruition, there won’t be any country with any freedoms
at all .. count on it … can’t wait to see how Biden and his crew of Communists
fuck this up.
And so here we are, where “Stonks” are getting killed [and rightly so] and
nobody gives a shit in FX … minimal moves at best … tried to break GBPJPY but
couldn’t do it, and so far at NOON EST the range since about 6 AM is nothing
short of “it sucks” … about 70 PIPS from the tippy tips, but more like about 55
PIPS in the familiar “Flying Wedge of Death” [FWD] horseshit we see all too
often … market can’t move, correct, and then resume the move … up or down it
doesn’t make any difference, and so here we sit in this mindless bullshit chop
while “Stonks” are getting obliterated … and there go the “Spoos” down the
drain, now off > 20% from the ATH in January, and are thus in a “bear market”
… panic up in Cable / Yen becomes panic down as the “Spoos” puke to a new
low around 3840 … and we still can’t bust this 60 PIPS bullshit we see in GBPJPY
… not that it matters much, cuz when we all have MonkeyPox and are locked up
forever, what will it matter … if you cared at all about the U.S., you wouldn’t have
voted for the Shitweasel to begin with … things are about to take a very big turn
for the worse, and it’s not like I didn’t warn you beforehand … I did, IN SPADES!
… the only thing I trust Biden to do is FUCK UP!
Talk about a “disconnect”, this is it … sure, there’s no guarantee anywhere that
anything has to correlate, but when “risk off” is so predominantly displayed via
“Stonks” selling, the logical conclusion would be that there would be at least
some YEN buying and Cable selling to some degree … what correlation? … not
today … so in addition to Spicoli raising rates aggressively into a depression,
now we got a MonkeyPox pandemic to worry about … oh sure, higher rates will
most definitely help most Americans won’t it? … again, what has the FED ever
done right in its 109 year history … all they do is create bubbles and then create
a recession / depression to “solve it” … with friends like this, who the Hell
needs enemies?
The lesson here is obvious … you take signals from GBPJPY, not the “Spoos”
… automatically correlating things will get your donkey into big trouble, as today
attests … quite frankly so far, this is a bullshit day in FX … now into the mid
afternoon of a New York Friday, and the “Spoos” are an unmitigated train wreck
… come Sunday night if this MonkeyPox virus starts spreading like wildfire over
the weekend, there will be a new definition of “Black Monday” … this is some
serious shit here, and if government types fuck this up, life as you know it will
be over … who the Hell wants “risk on” over this weekend?
Now Cable / Yen is starting to erode … great … it only took you ‘till after 1 PM EST
on a Friday to smell the coffee, and quite frankly I’m not interested in anything
that happens now cuz the risk is too great going into the close … sure, I’m here
to make money, but on my terms, not some fucking bank on Wall Street that most
likely is gonna burn my ass … this shit had all day to break and couldn’t … case
closed ‘til Sunday night, I don’t care what this shit does now.
No trades today in anything, not for lack of not being here, but simply cuz it could
not move past a small FWD to save its life … no worries, it’ll be here come Monday
and I’ll pick it up then … blog update on Sunday.
… outta here … “The future’s so bright I need sunglasses”!! 😎😎
… Onward & Upward!!
-vegas
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