“San Fran Nan’s message to working Americans.”
Over the years, I’ve only occasionally watched a “SOTU” [State of the Union]
address; usually they’re nothing more than a laundry list of “wishful thinking”
… this year was remarkably different. In my lifetime, I don’t think I’ve ever
witnessed a more “out-of-touch, tone deaf, America hating, average working
American hating, traditional values hating, intolerant, cry babies”, than what
you saw last night from DEMS, lead down the path to total irrelevancy by
none other than their leadership, during President Trump’s address to
Congress.
Once again, President Trump trolled Libtards, allowing the entire nation to
see for themselves, the petulant, narcissistic, America-hating group that have
“D’s” after their name; who doesn’t want higher wages? Who doesn’t want
more jobs in the economy? Who doesn’t want African-American & Hispanic
unemployment levels to be at RECORD LOWS [“where were you for 8 years
President Empty Suit”?]? Who doesn’t want lower food stamp rolls? And
finally, who doesn’t want greater prosperity for every American? “Well, it’s
pretty damn obvious who doesn’t want these things, cuz when you’re the
“VICTIM PARTY”, and all you got is “hate Trump” and not a damn thing
else … and you can’t even acknowledge greater American prosperity, cuz that
might upset your core “tinfoil” fringe lunatics, then you need to be called out for
what your are, and you shouldn’t even be in Congress; sorry, your behavior was
fucking reprehensible … run for office in Venezuela”!
And my first reaction after it was over was, “Christ, no wonder the U.S. dollar
is shit … after what I just saw, I’m repulsed as an American. Please DEMS, run
for office in 2018 & 2020 using these same tactics … I’m sure working
Americans just love the idea you fucking hate them, and favor illegal aliens
over U.S. citizens every day of the week! … and like the blind idiots you have
become, you walked right into President Trump’s trap, and showed the entire
nation who you really are … and you call him stupid? … take a look in the
mirror Chuck &Nancy”! In essence Libtards, last night you wrote the script
for the ads against yourselves in the mid-term elections coming in 9 months
… get used to the idea of seeing yourself in plenty of ads.
Turning to today’s market in EURUSD … a heavy day in terms of news and
data, with the 800 lb. gorilla being the FED interest rate decision at 2 P.M.
EST this afternoon … a more “disjointed, erratic, & psychotic” market I
haven’t seen since the Greek crisis hit 4 years ago … straight up, straight
down, with very little in between … rinse, repeat, run some stops, and you
have the basic outline of EURUSD trading lately, especially since the Holidays.
This week, though, has seen the “psychosis” level of EURUSD jump to the
point, where if it gets much worse, it’s gonna need therapy. Seriously, the 20+
PIP “blitzes in seconds” out of nowhere are a real concern, and at least so far
this week, it’s almost impossible to ‘hang on” to any position, cuz the market
price comes back into your position, leaving you little choice but to liquidate.
I had a phone discussion yesterday with another fund manager, who I’ve
known for quite a while, and he was totally confused as to the nature and
scope of today’s FX moves … and what I said was, I don’t think it’s just a
“coincidence” or a “statistical accident” that we are seeing an increased
frequency of 1) reversals, 2) double reversals, and/or 3) the “Flying Wedge of
Death” [FWD]. And while I’ve identified the “non-correlated” FX pairs,
which I now trade, that doesn’t mean they are separate and not influenced by
the “long arm” of the world’s central banks. Simply put, being non-correlated
doesn’t mean non-manipulated … and really, simply buying/selling and
positioning anything, you have to have a 200 PIP threshold for losses … and
your gains? This is why you now have “The Scalper’s Algorithm: The Final
Solution”, and accompanying addendum “The Teacup Handle Turn”.
The FED’s interest rate decision is out … no big news here, but the dollar is
rallying … most likely cuz they got the longs in EURUSD trapped, looking
for a dollar decline on the FED news … add to that the undeniable fact of the
Chuckleheads in Asia bidding EURUSD higher into the Asian close, and once
again, Mrs. Wantanabe needs another funding check from the hubby for her
account … can it be just one big coincidence they’re almost always wrong?
Two trades today, both winners … not many algo signals today, nor many
“Teacup Handle Turns” to wrap your arms around; the entire day has been
a total reversal clusterfark [again], with very strong M1 spikes both up &
down dotting the chart landscape … a very, very, tough trade. Nonetheless, the
PAMM is up between 0.1% - 0.2% in today’s trade … and tomorrow starts
February, so maybe all these corporate EURUSD flows analysts have been
talking about will end as abruptly as they started, and the “Jimbo” corporate
types will stop skewing the market will very large orders that the scumbag LP’s
rip apart like teenagers eating a pizza … well, I can dream can’t I?
So, it’s on to a new month, and while I’m attempting to hold onto positions as
long as I can, when I’m faced with crap like today [ADP & FED], and a
psychotic market that puts in dozens of large spikes daily now, when the tide
turns I’m out the door. It’s the only way to get a decent handle on risk, while at
the same time adding yield to the PAMM. Overall, I’m pleased with our first
full month of trading EURUSD utilizing either the “Scalper’s Algorithm”, or
“The Teacup Handle Turn” … while not as consistently volatile [daily range, not
intraday volatility] as the ancient pit traded Swiss Franc futures from back in
the day [about 80%], it’s as close as we’re gonna come in the electronic trading
realm of today … and yes, if current levels of volatility hold over the year, I still
believe by the end of 2018, the PAMM will be up triple digits “plus” from the
end of 2017. I’ve got all the tools I need, and finally … yes finally … I have
figured out the market necessary to trade to achieve these goals. Bring on
February! Onward & Upward!!
PAMM spreadsheet directly below.
Have a great day everybody!
-vegas
OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM MONEY PROGRAM” IN
“DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN
FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND
START YOUR JOURNEY FROM WHERE YOU ARE AT TO
“ESCAPE TO SUCCESS”!
