SUNDAY UPDATE: BOJO ADIOS, THE E.U. INTO THE ABYSS

 

“A day in the life!”

BoJo has been a stone cold idiot since the day he took office … manipulated by

his wife, every decision he’s made looks as if he consulted Biden beforehand

… he deserves to be booted out … now watch the other insufferable POLS in

Britain stab each other in the back for power, not realizing it doesn’t matter if you

win or not, cuz your day is on countdown until it’s your turn to be stabbed in the

back … meanwhile Britain slides further into the abyss … good grief, what a

shithole of a country.

Then there’s the E.U., where this upcoming winter is gonna be one helluva

interesting experience for those not lucky enough to be an Apparatchik, or

having a 6 digit Euro income … you’re among the “little people” and you don’t

count … especially in Germany, how they’re gonna run industry, even at a

minimalist level, is gonna be interesting when you got ZERO OIL OR NATTY GAS,

and Vlad sits there and ROFLAO shaking his head over the complete

incompetence of E.U POLS … “you think you’re sanctioning me? … hey Adolph,

watch what happens next! … who’s suffering now?” … and at the nexus of the

entire shitshow circus, sits a bumbling, senile, criminally corrupt U.S. Preezy

who can’t even read a fucking teleprompter … and so no, I’m not worried about

a lack of VIX going forward in FX dollar pairs, although USDJPY looks and feels

like “the FIX is in”, wherein Spicoli & the FED bail Japan out and USDJPY goes

rangebound for a considerable amount of time going forward … could be wrong

of course, but the trading action in USDJPY the last 2 weeks has been abysmal,

even with explosive VIX in the U.S. 10 YR. Treasury … for a pair that most days

goes almost “tick-for-tick” with the 10 YR. yield, how is it that all of a sudden

that correlation goes silent & dark? … well, “big money” knows the reason! 

Directly below, the 20 Day Range MA’s of selected pairs.

click on table to enlarge

One thing of note is the utter collapse of VIX in the crypto space … this is

“nuclear winter”, and I don’t know what brings the world back to trading

perpetual futures … spot transactions are a different story, as especially BTC

enjoys its “King Status” over all the others, but from a trading perspective crypto

looks and feels “DEAD … WHAT THE HELL IS THE POINT!” … throw into the mix

“gas fees” [a/k/a commissions], which are high and don’t matter when shit moves,

but when it goes comatose those gas fees “sting” … people notice and

immediately leave the space … offer all of the bonus money you want, people

aren’t coming back to crypto to trade it, meaning the perpetual futures, not only

cuz VIX is dead, but also cuz of the forced liquidation levels dumped on traders

at the first of the year, which I noted at the time … quite frankly, I got no idea what

brings crypto perpetual futures trading back to life, if ever … only time will tell

… I’ll have more on crypto this upcoming week, as well as how I’m going to trade

for “The Syndicate”.

Onto the week, where I start tonight in EURUSD, which is showing exemplary

trading action versus the other dollar pairs … outta here … “The future’s so bright

I need 2 pairs of sunglasses 😎😎, and my own Brinks armored truck” 💓!!

… Onward & Upward!!

-vegas