EVERYTHING IS OK NOW! … (SAYS NOBODY)

 

“Dr. Goebbels, call your office!”

No problem, everything is fine … until it isn’t … again. And while financial 

markets are as messed up as I’ve ever seen them in my life, it never ceases to 

amaze me how markets choose to ignore reality and give in to the banks and 

the manipulators. 

Short blog today, cuz I’m working on a special project that I’ll discuss later 

this month … I need some time to get this done, and I’m working on it now.

A shipload of trades today … PAMM down slightly, about $100.

Volumes and liquidity pretty decent for most of the European session, so I was 

trading between 100,00 - 500,00 notional … as I’ve said before, this kind of 

“chop” in the markets, where today sees anemic ranges after the Asian session, 

isn’t really conducive to huge profits … I’m really not trying to scalp positions, 

unless I’m forced to, but staying in the positions and trying to catch the wave 

until it stops … up/down really doesn’t matter here, just go somewhere and do 

something with some kind of range greater than 6 PIPS … in August, good 

luck with that.

Market is open 20 hours, and for about 19 hours and 30 minutes it can’t do 

shit … literally … then, BOOM! … and when that’s over in seconds, it’s 

“crickets”. Tried to be long all frickin’ day, and every time but one, where I 

caught part of the up move to 1.14000, every long position was like an anchor 

around my waist and I was attempting to swim in deep water. “Since everything 

is “fixed” now, explain how EURUSD is only up about a dozen PIPS on the day 

… you know, the old “risk on” bullshit … well, in at least the EURUSD market, 

being long is still very risky if you're one second too late to the trade liquidation”.

Tomorrow’s blog, I’ll have more on EURUSD, but for now, I’m outta here cuz 

I got some research work to do, and Cousin It & CoS Milton Waddums are 

coming over for a “pow-wow” on some important work they’ve done, that I put 

them up to a while ago … looking forward to seeing it, cuz they’ve been 

working on it for a few weeks. “Another bullshit August trading day, complete 

with scumbag LP bank horseshit shenanigans, but at least in EURUSD it’s 

manageable, cuz the “scumbaggery” is only a tenth or two PIPS on a fill, and not 

like the CFD’s, which are total horseshit ripoffs … still, you know bank 

scumbags; they’ll never change their spots come hell or high water”. So, back at 

it tomorrow early … my sense is tomorrow could either be a big mover type 

day, or it could be dead as roadkill … we got the torturous short covering rally, 

now is there anything behind it, or is it “look out below” … don’t really care, 

but it would be nice to see some kind of European & U.S. session range, instead 
of the “dribble, dribble” we’ve been getting that drives both longs and/or shorts 
nuts … until tomorrow mi amigos … Onward & Upward!!

PAMM Spreadsheet will be back up soon!

Have a great day everybody!!

-vegas

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