Color me purple … it’s Friday, so not much word salad other than the fact that
once again Turnkey’s LP’s jump up and lay the FX wood to us via horrendous,
bullshit fills … “F FX, double F stock indices, I’m goin’ back to gold starting
Monday"! … spreads are back to “acceptable”, and it’s the only market that
moves, although you wouldn’t know it today … both IVIX INDEX level & 20 Day
Range MA in gold, worse than pathetic today … this is the slowest day in gold
since mid July.
Multiple trades today in EURGBP today … TURNKEY PAMM / MAM DOWN
SLIGHTLY MORE THAN 0.3%
“If you’re gonna beat me over the head with slippage, at least do it in a market
that fucking moves"! … I’m just so sick & tired of getting screwed by LP’s on FX
fills, and quite frankly I don’t see anything in FX that is truly honest & fair … not
that gold is close to perfect, it isn’t, but at least it moves … and with spreads back
to acceptable, I don’t think it’s going back to pre-pandemic days of less than 20
cent spreads that are consistent … this isn’t the same market from pre-2020 … the
trading algorithm tracks gold very well, and it’s simply time to get back to the
shiny yellow rock … I’m not going to be sidetracked by the other markets that
don’t have anything really going for them … sure, gold has its days [like today] of
bullshit, but what market doesn’t? … with governments worldwide opening the
CNTRL-P spigot wide open and trillions upon trillions being printed with no end
in sight, gold is about the only market out there that has a built in higher price
going forward … so, while I’m pissed off purple thinking about Turnkey’s thieving
LP’s, I’m just glad they got the spreads back to “acceptable” in gold so we can
go back and trade it … onto next week!
Blog update on Sunday … until then … Onward & Upward!!
-vegas
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