Data will affect markets for a few minutes, unless there’s a “bigly & yuge” sigma
miss on an important report, but unless that happens it’s back to square one and
money printing … don’t look now, but the social unrest that’s gonna get
unleashed with hyperinflation will be one for the history books … that is, if
there’s anything left to write about.
And today’s data releases provide the usual “Scumbaggery & Fuckery” that
have become everyday occurrences … no rules trading, reversals upon
reversals, gaps in pricing everywhere, and your basic daily excursion into a
fucking nightmare that seems never to end … one day you can’t get a downtick
to save your life, and in a brief few hours after switching sessions, you can’t
get an uptick to save your life … trend? … WTF is that? … “trend” is what the
ChiComs say it is, or some POL and/or central bank Apparatchik that’s got an
agenda to grind … and get on the wrong side of any of this shit, and your
tapioca … throw in tiny ranges, then C-4 explosions, and it’s a miracle there are
any specs with money left to “trade” [read gamble].
Turning to today’s “Slots” action in the world’s most corrupt casino, I just don’t
like USDJPY as a pair to trade … too many surprises, too many explosions in
price [both up & down] followed by nothing, and everyday a nightmare
wondering what the BOJ lunatics have up their sleeve … and you can see it in
GBPJPY, and the other YEN crosses as well … quite frankly, this is manipulative
BOJ bullshit … scanning the board, I’m gonna give EURAUD a shot at trading in
the PAMM … about the same range dynamics, but a far different landscape for
risk / reward … and given the algorithm as currently constructed, it trades well
inside the parameters … stay away from E.U. & U.S. session data dumps, no
matter how innocuous they may seem on the surface, and the pair trades well
… sometimes you can scalp it, but trade dynamics suggest a slightly longer
trade time frame for optimal performance … onto EURAUD.
No trades in anything today, an absolute lesson in fuckery if there ever was one
… how many times can they FUBAR a group of markets in one day? … easy …
as many times as they can get away with … onto tomorrow.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
No comments:
Post a Comment