“And about the same time, we’ll understand gold too!”
If gold trading action gets much worse, they’ll trot out 3 decimal pricing and
try and convince the trading world it’s to our benefit … that a major market
can morph into a pathetic shell of its former self, in such a short time, is a
testament to the power of central bank manipulation & control … at least
when the FED & BIS were “fat fingering” the sell button it had a range and at
least pretended to trade … with the ChiComs, not so much.
As the sun rises in New York, gold entertaining a $3 range with trading action
that will make you check to see if your internet connection is still working
… again, at least so far today, and we’re 12+ hours into the day, there is no
“here” here … to call this a market is a joke … in no way, shape, or form can
gold be considered in its present state, any kind of tradeable market …
where? … when? … how? … “more than likely, gold has more volume under
the table when its closed, than it does when it’s supposed to be open”!
What the world needs to do, is go back to limited trading hours … scrap this
24/5 shit, and go back to the “soybeans model” … that’s right, a 3 hour 45
minute trading day, and then come back tomorrow … but we’ll never return
to common sense, cuz the scumbag LP banks would never agree to this
… better to be open 24/5 so they can 1) screw more people over more hours,
2) entertain more stop hunts, 3) cause flash crashes in off hours which they
take advantage, and 4) spread out order flow so they can fade it … if
everything is done too quickly, they have a much harder time manipulating it.
And of course, the ChiComs don’t want this either cuz it would disrupt their
buy in Asia & Europe, sell in New York, scam they’ve been running non-stop
for at least the last 2 - 3 years … and nobody wants to see this end, most
certainly not their BFF’s the scumbag LP banks, who would sell their own
mothers into prostitution to make an extra quarter. About all that is left, is
3 decimal pricing … and when we see that you’ll know the gig is up for good.
And so here we sit yet again, now the 13th trading day in a row inside the
January 4th day’s range … right smack dab in the middle of price for almost
the last 3 weeks … and truth be revealed, every day that goes by this market
loses more customers to other markets … never to return I might add, simply
cuz they are tired of all the bullion dealer bullshit, from stop hunts to higher
bid/offer spreads for no reason, to the overt manipulative power of the
ChiComs. “And this is how markets die … the blueprint laid out years earlier
in silver, and with that market literally “trading dead”, now it’s gold’s turn
… they’ll never simply just ban trading, they’ll simply turn it into an irrelevant
novelty, not worth looking at or trading cuz nothing happens anymore”. And
indeed, there’s more trading in beaver pelts right now than gold.
The sickening “up a little then down a little” … rinse, repeat endlessly in a
manipulative feedback loop that is impossible to capture cuz it happens so fast,
and on such little volume, throw in “slippage candy” from the scumbag LP
bullion dealers who are front running everything, and you end up buying
highs and selling lows. Cuz what is happening now, is that everybody and their
brother is trying to scalp price and outsmart others in the same boat cuz
nothing is happening on the price front … and while it might work most of the
time, the time it doesn’t takes away ALL the other wins [maybe more] and
puts you into a hole so fast it’s maddening … probably the biggest reason
bid/offer spreads have gone up approximately 100% over the last couple of
months, is that the dealer community isn’t gonna allow you to “pick them off”
with very short term scalps consistently … collectively, they know how
customers think, and they think scalping is their game, and for you to play
you got to pay, and pay you will. It’s got nothing to do with volatility, and
everything to do with the game being played.
Every day almost without exception, we’re seeing the “Flying Wedge of Death”
[FWD] appear and take its toll on traders … very tiny ranges tend to do this,
and dealers are only too happy to exploit your desire to catch a trend when
there is no trend … to put it mildly, it makes for impossible trading conditions
if you want to profit … don’t confuse brains with pure luck!
It’s like the trading Gods are reading my mind … I write the script, they go
ahead and make it happen … Noon in New York, and my thought is simply
this; “WTF, can we ever climb out of this bucket of yellow shit without the FWD
every single fucking day without exception? … just after the open, gold got
“monkey hammered” … $5 and change in 6 minutes to the downside … and do
you think there was any extended lower move after this? … silly rabbit, Tricks
are for kids! … and so for the 13th trading day in a row, and with gold
“UNCH’D” on the day now, we’ve gone nowhere fast … buy and/or sell stops,
how you feelin’ today”?
Seriously, this shit is getting old quick … this market needs to fish or cut bait.
At some point here, yea it’ll do something … am I dead first, or is it like the
Cubs winning the World Series? … you know, give something long enough
and it has to happen kind of thing. Onto tomorrow, where I’m hoping we’ve
waited long enough already … until tomorrow mi amigos
… Onward & Upward!!
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”!
No comments:
Post a Comment