“Here honey, eat this she said … you’ll feel better!”
Just as gold is feeding me that shit sandwich … whoa! … looky here Ma, a
market that has decided to move … “about fucking time, after 6 straight days of
utter horseshit for trading conditions, where we couldn’t move $7 in 6 days to save
anybody’s life”! … and now we get about $6 down in a little less than 2 hours, to
extend the day’s range to a “whopping” [snark] $10.09 … “oh, break open the
champagne bottles Benson, good times are back again”!
Cuz quite frankly, it was getting to the point, where if any school kid stopped
and asked me why I trade gold, I’d have to look at him and declare my 5th
amendment rights against self incrimination, and then turn slowly around and
then run like hell … well, today may not be ideal, but at least it’s a start to next
week, where I fear everything on the board dries up and goes sleepy time from
Monday to Wednesdays FED interest rate decision and Spicoli presser … then
at 2PM EST all hell breaks loose.
To say that gold has been a little psychotic lately, is too put it mildly … gold
has been insanely slow and choppy … and whoever it was doing all the buying
over the last 5 - 6 days, finds today being nothing more than “stop out Friday”
… all I can say is, “you bailed the scumbag bullion dealers out with your sell
stops … congrats, and please come again to the “Comex Con Game”, we look
forward to seeing you again soon”!
And with the extended range, and pop in trading action, trading becomes
appropriate again. And from the look and feel of the market today, gold
hasn’t seen this much “trading” interest in about 2 weeks … so, maybe the
worst of this shit is over and done? [“Quick, knock on some wood! … and, the
dog reaches his paw up to pat me on the head … uh huh, I see … that’s how you
are … have you been talkin’ to Mom this morning”?]
One algorithm buy signal today … PAMM up a few bucks shy of 0.2%. No
trades today in the C2 options signal service, where we still hold GLD
positions.
It definitely is trading better today, but in the overall scheme of things, this is
still frickin’ pathetic … we should be seeing $15 - $17+ ranges daily, and we
aren’t even close to that … so, a long way to go to get this market back to
trading health.
I go over the math background of the NADEX strategies we utilize in trading
… specifically, the “volatility call spread strategy” … I break it down to make it
easy to understand, and why you should be trading this way … I understand
many people don’t want to learn new things, but this WILL put money in your
pocket … “isn’t money, and getting more of it, the reason why you’re here”? So,
make it a point today, or this weekend to get over there and discover what I
know that you don’t! Any questions, email me.
Better trading conditions = better ranges = trading opportunities = profits.
This about sums up today … I’m outta here, and want no part of Squid & the
boys in a Friday afternoon “chopfest” … maybe something happens, but I
sincerely doubt it … Sunday blog update coming over the weekend … until
sunday night mi amigos … Onward & Upward!!
Have a great weekend everybody!!
-vegas
OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND
OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY
SERVICE. DETAILS IN “DOWNLOAD LINKS” SECTION IN
RIGHT HAND COLUMN. START YOUR JOURNEY FROM
WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!
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