“It’s FRIDAY! … Take your victories where you can find them!”
There simply are no words that are adequate for how pathetic trading conditions
are today in FX [3 hours into the European session]… the IVIX INDEX so low as I
write, not even some kid working the late shift somewhere in Asia at a mall food
court wants to touch your FX order … but never fear, the money laundering Wall
Street scumbags that will show up soon enough will find something or someone
to take to the cleaners and create a little movement … maybe … the way things
are going, and after the generational clean out in metals on Monday & Tuesday, I
don’t see anything but extreme caution going forward in the short term … retail
sales due at 8:30 AM EST, maybe that lights the thieving spark for movement
… who knows?
What does it say, when 4 M1’s right after the disappointing retail sales numbers,
make up half the day’s range of about 55 PIPS? … take that away, and there’s
your range of about 30 PIPS for the entire 8 hour European session … now into
the New York PM, and the final IVEX INDEX numbers are in, and get a gander at
this bullshit … 1) EURUSD = 46 and 2) GBPUSD = 50 … remember, anything under
55 is to be left alone, and clearly EURUSD for the third day in a row is the sick
puppy of FX … I thought right after the retail sales numbers, that there was a
chance the day could be OK going forward, but it’s bullshit all the way to the
European close … what is it I’m supposed to do with this shit?
And then of course, the scumbag LP banks take EURUSD to a new high once
Europe is closed simply to clean out shorts … can’t / won’t do this when Europe
is open, but now that conditions thin out, the “scumbaggery” New York is known
for comes into play … laughable and completely predictable [without knowing
which direction] cuz scumbags never change from being scumbags, especially
on Friday’s.
NO trades today in the TURNKEY PAMM / MAM.
This entire week a complete trading bust … first with gold going completely
mental, and then FX going D.E.A.D. … yea I know, it’s August, but still … well,
nothing I can do about it, it is what it is … I’m not gonna sit here and hand these
shit weasels money just so I can say I traded … at least for GBPUSD, the worst
range week for the entire year of 2020, and for EURUSD almost as bad … Welp,
the only thing to do is tighten the “big girl panties” up a notch, man up and wait!
Blog update on Sunday … outta here … until then … Onward & Upward!!
-vegas
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