“When governments everywhere demand center stage!”
“Could you please leave now, your drama is giving me a gigantic headache”?
… and while it could certainly be the ineptness of government dealing with the
CHICOM WUHAN KUNG FU FLU bullshit, it gets even better with BREXIT … and
just when you think they can’t possibly get any more stupider & idiotic, here they
come with more bullshit to fund the mistress funds one last time
… EXIT QUESTION: “once this is over, what can possibly fill the mistress
coffers better than the 50+ month POLS & Apparatchiks scam a/k/a BREXIT?
… FFS!, frickin’ leave already you Doofus Twits!”
And while not all of Cable’s decline over the last 7 trading days [500+ PIPS and
counting!] can be attributed simply to BREXIT, simply cuz there’s BoJo’s Tory
government ineptitude RE pandemic rules coming & going every 5 minutes and
the U.K. economy is in complete shambles, my guess is that most of the spec
community “pearl clutching” over their forced liquidations of long positions has
more to do with the decline than most want to admit … as I said yesterday,
“house wins, you lose, where’s the mystery”?
Every few years, FX markets do this … and what I mean by “this”, is they “trend”
up/down on the daily candlesticks and get dopes chumps investors traders to
position themselves right along with everybody else, until the “money train” gets
to crowded, and then Bingo! Bango! Boom!, along come the scumbag LP banks
and take it all away plus some … and for many of you, my only comment is, “when
do you ever wake up and figure out what this game is about? … Ever? … or
continue to fund the banks with your deposits? … cuz as I’ve said before, the
purpose of trading is for “big money” to get “small money [you]” to do shit they
don't want to do, thus transferring the money to “big money” … why do you think
the banks let you have access to their platforms & open an account? … cuz they’re
nice people? … Bwahahaha … yea, keep thinkin’ that”!
OK, Bojo’s presser outlining “new” BREXIT interpretations are hitting the wires,
and Cable ain’t likin’ it one “Hoover Dam” bit … now hitting the 28 handle with
blood everywhere in long positioned “specland” … anybody long since the last
week of July is under water … my, my how things change in such a brief period of
time, concurrent with specs putting on record long positions in FX … if only
somebody had warned about the “crowded trade syndrome”.
Sell Mortimer Sell! … and the ugly truth here is that from multi month highs just 7
days ago, there’s a lot of room to drop further before any real support shows up
… what matters now, is the E.U.’s response to Bojo’s presser … if it’s the middle
finger, expect Cable to go lower still.
Meanwhile, over in crude oil land, the short covering lid gets blown off the market,
and once again we start the U.S. day with crude oil having a very extended
overnight range of about $1.40 … sorry, this ain’t acceptable for U.S. trading,
where shit blows up during the night and the order books get destroyed before
the sun ever comes up … another lost day in crude oil, where the highest
probability event is wicked chop the entire day.
And given the news flow, an ECB meeting tomorrow, and MOAR! BREXIT bullshit
that can be kept dry and stacked high in all of Wyoming, with stocks getting ready
to destroy accounts, it’s “officially” time for the “FX Idiot’s Button”! … please, do
NOT push!
“C’mon, you know you want to push it! … with short term IVIX levels in Cable over
200, what can possibly go wrong with any trade”? … and again today, in what can
only be described as “coincidental”, Dumbberg reports the ECB growth outlook is
higher than ECB economists thought … well, isn’t that convenient? … I guess they
couldn’t wait for tomorrow’s ECB meeting & presser, they had to release it today
… why? … “umm, cuz all the banks are now long from 7 straight days of spec
selling and we need something to ignite liftoff and go higher? … well, if I was a
cynical guy, that would make sense … Bwahahahaha! … and so, after 3 straight
hours down, and the last remaining sell stops taken out back and slaughtered in
both EURUSD & GBPUSD, here comes 2 ½ hours of straight up the fucking ladder
buying, with the accompanying 120 PIP blast off in Cable, and now it’s the shorts
turn to scream bloody murder, as the banks laugh their collective asses off cuz
they got you to think it was all a random process … NEWS FLASH: check the term
“Pavlovian dog” on the internet and get back to me”!
Straight down and then turn on a dime with a conveniently, well timed Dumbberg
“hit piece” coming onto the wires just as the scumbag LP banks want it to … so
what else is new? … trading? … what’s that? … what a crock of bullshit … is
Wyoming running out of room yet? … and now that they’ve blown you out near the
bottom, time to get dopes chumps investors traders back long again with a buy
stop hunt above 1.30 in Cable, cuz after all those MT4 indicators have all turned
“screaming bullish reversal day” at you, and so here we go! … and like air coming
out of the proverbial balloon, it’s back below 1.30 now … but, are you having fun
yet!?
And since the NYSE has opened [the other completely rigged casino], Cable
hasn’t done shit … trading like limp noodles cuz the order books have been
blown out from both sides … what’s left today then except bullshit chop? … and
so it goes, as I’m beginning to wonder if FX can ever have a “normal” trading day
again without some kind of fucking drama caused, created, and served up by
Dipweed POLS & Apparatchiks for their own benefit … “:yea, somebody again tell
me about honest markets … what a joke … welcome to the modern day FX casino,
where you better have a “Hoover Dam” good plan in combating these crooks &
thieves, or you’re the one who gets to continually donate to their mistress funds.
One algorithm trade today in GBPUSD … TURNKEY PAMM / MAM UP SLIGHTLY
MORE THAN 0.1%
A shortened trading day thanks to BoJo and his BREXIT “manifesto” … tomorrow
sees the ECB on tap just as the prop desks of the Wall Street banks come online,
so we’ll see what wonders of manipulation they have in store for us … meanwhile
Cable just simply reacts … and on that front even with today’s reversal up,
GBPUSD looks and feels “sick” … and of course, given the propensity of the
stealing going on, the rumor mill of BREXIT will continue to churn & burn
accounts, right up to the minute it’s all over on October 15 … or whatever other
date they choose if the mistress funds don’t get enough “Holiday Cheer” put into
them … I’m just wondering what scam they have planned next.
Outta here early today cuz I can’t take another minute of this shitshow circus
parading as “trading finance” … and most likely, it ain’t ever gonna change cuz this
is how the world works … until tomorrow … Onward & Upward!!
-vegas
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