This might be the dumbest week ever in the history of the gold market … with the
new Communist regime about to take power and print trillions, apparently traders
think it wasn’t enough … BINGO!, BANGO!, BOOM!, and all markets go “tapioca”
muy rapido … although, maybe it was listening to soon-to-be Preezy Depends
that depressed markets … whatever, gold the entire week couldn’t catch or
maintain a bid for longer than about 10 minutes, and any & all efforts at rallying a
dismal failure … and while we didn’t make any trades, the reason is simple … the
algorithm said “no go” … and so, that’s the story behind the story … quite frankly,
if gold can’t rally given the 2 Nitwits taking power, what’s it gonna take to get this
shit moving to the upside?
NO trades today in the TURNKEY PAMM / MAM.
Gold smacked lower, oil smacked lower, and crypto bid/offer spreads that would
make Vito Corleone blush with envy … simply nothing to do folks, so we sit.
Over at PHEMEX, ETHUSD acting like a retarded kitten on meth … the viciousness
of the market swings getting as bad as BTC, which has got its own problems
… trades today for “The Syndicate” in ETHUSD, and we’re UP FRACTIONALLY
… and once SHTF to the downside, I was out of the market completely cuz you
can’t make a market in this shit with M1’s going $10 - $20 at a clip … I’ll be trading
over the weekend, so we’ll see what happens.
More algo info on this upcoming Sunday blog … outta here … I’m full steam
ahead! … Onward & Upward!!
-vegas
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