Welcome to insanity on steroids … panic up / more panic down, and the trading
action in Cable simply wicked … thank you POLS & Apparatchiks for all you do
… oil not being traded today, simply cuz Turnkey’s scumbag HFT LP’s have
blown the spread out and don’t want to play … screw ‘em, I’m not paying a 5 cent
spread to trade oii … it is what it is, nothing we can do about it except B.I. Itch,
and they don’t care.
Cable as wicked in its price moves as I’ve ever seen in the electronic era of
trading … nothing but out of control freight train moves up/down, reflecting the
panic of the moment, and when it’s done it’s panic the other direction … the
“Flying Wedge of Death” [FWD] never looked so good on an m1 chart as seen
today.
Multiple trades today in GBPUSD … TURNKEY PAMM DOWN SLIGHTLY
… collectively, down a couple of Happy Meals from Mickey D’s … quantifying
risk here is “Hoover Dam” near impossible, and the one “false positive” we had
today turned on us at the speed of light … all of our other trades were profitable
… if crude oil had had a normal spread today, i would have traded that, the range
and trading action pretty much back to normal … and while I really like the crude
oil trade, I’m not giving money away to trade it … hopefully the scumbag LP’s get
their shit together and we can go back to normal oil spreads next week … not
that there’s anything wrong with Cable, but I like oil better when conditions are
proper and right.
The panic turns in GBPUSD price are something to behold … extremely fast and
vicious … as wicked as anything you’ll see in crude oil when it’s bat shit crazy
[BSC] … the difference, though, is that oil doesn’t have the predominance of the
manipulative banks, and is physical based, not QE fiat money printing to prop
banks up … in essence that means purer moves in theory … earlier today I had a
brief conversation with Turnkey about the oil spreads, and while frustrating to
see them as variable as they can sometimes be, spreads in futures can get wild
as well … I understand that … but you need to hold these Asshat LP’s
accountable and you don’t … I was assured that wasn’t the case, but for the
umpteenth million time, I told them they need to ditch these thieves and get
better, MORE CONSISTENT LP’s in their pricing … good luck with that, it’s nice to
dream isn’t it? … so we just have to live with it when they get greedy and
deal with it.
Blog update on Sunday … OUTTA HERE … “The future’s so bright I need 2 pairs
of sunglasses 😎😎, and my own Brinks armored truck” 💓!!
… Onward & Upward!!
-vegas
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