“Yes, that would be a new paradigm for sure!”
“Oh those scumbag LP’s, they tried so hard to set off the sell stops this morning
… went exactly 1 cent below the January 4th low, I might add on a complete
mystery tick that I’m quite certain fucked somebody at Turnkey … but alas, it
rallied hard off that stop hunt, and once again we find ourselves in familiar
territory in the low 1280’s, doing Mr. Jack Squat”.
Quite frankly folks, you’re smack dab in the midst of a new trading paradigm
… for sure, throw out every chart or price quote pre 2012 … next, understand
the significance of the January 2015 EURCHF debacle … from there, jump to
the FED literally saving the oil industry from oblivion & bankruptcy in
February 2016 … and now, from April 2018 to the present and well into the
future, the market paradigm of “NO TRENDS, JUST CHOP, & THE
“FLYING WEDGE OF DEATH [FWD] ON A CONSISTENT AND
CONSTANT BASIS”.
Any or all of the indicators on the MT4, are guaranteed over time to be
money losers … trading exists to funnel money to TBTF & TBTJ bank scum,
and from there to Pols, Apparatchiks, regulators, & brokerage house execs
… there are no “fun-der-mentals” that can be associated to any market, cuz
all moves are based on government policy considerations, and to that end
whatever some Pie Hole says on any given day … ranges in any market
are/will be either very small or very large, with no consistent pattern of
behavior, thank you central planners … and last but certainly not least, there
are no medium to long term trends that exist any longer … except stock
indices, where the Ponzi scheme of ever higher price has to be maintained
and expanded for policy reasons … other than that, welcome to the new rules.
Say what you want, I’m not counting that new low by a penny as some kind
of market victory in gold today [so far] … and again today, for the umpteenth
time, we see the FWD in all its glory screwing both long and shorts with
impunity in a very historically tiny range … can’t rally, can’t break and here
we are in the 14th straight day of gold prison.
Tomorrow is Friday, and with today dead it doesn’t look good for tomorrow
either … in fact it could be worse … there’s a good chance tomorrow is one of
the lightest volume, lowest range days you’re ever going to see … there simply
isn’t anything happening, except the “ChiCom Hustle”, to get gold moving
before the weekend. Or perhaps more importantly, there isn’t anybody who
wants to risk a nickel on a dead market.
Like so many days before, I can’t take another second of this crap … watching
this stuff should engender hazard duty pay … we just have to wait it out.
Have a great day 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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