Oh goody, Britain goes to “Plan B” lockdown status … I’m sure this will stop any
virus … bwahahahaha … a bigger bunch of Dopes you couldn’t find at a PC
Indoctrination Center [a/k/a “colleges & universities”] … good thing these
Asshats weren’t around for WWII, they’d have surrendered sure as I’m sitting
here … and I’ll remind everyone, this OMICRON COVID virus hasn’t killed one
single person! … NOT ONE! … but, you know the mantra, “never let a crisis go to
waste”, and they sure don’t when it comes to authoritarian measures that have
nothing to do with health and everything to do with CONTROL OVER YOUR LIFE
… F Bojo & his crew, they need to go.
And like all markets, idiotic POLS can be assumed to do the absolute worst when
it comes to public good, and in this case all you have to do is look at GBPUSD to
see it’s sick as shit … right down the proverbial rat hole over the last 2 - 3 weeks
of trading … and next week sees a BOE meeting where the market is clamoring
for a rate hike … perfect! … hike fucking rates right into an economic disaster
known as another lockdown … don’t hike and you upset market analysts that
haven’t forgiven you for leading them to think rates would be hiked in November
… in other words, a perfect Class A+ Clusterfark brought to you by the “wine &
cheese set of Elites” … but that doesn’t mean selling Cable or Cable/Yen is a
slam dunk … the problems on the short side are just as severe, if not worse, than
the long side … just see yesterday’s Pfizer bullshit for details on a short squeeze
that killed all but the strongest shorts in the market.
I’ve seen many multiple thousands of trading days in markets, but today’s
Cable/Yen market ranks right up there with being one of the worst trading days in
modern history in non dollar crosses … thin, no volumes to speak of, and liquidity
a complete joke … that means the scumbag LP’s for Turnkey will be extra
judicious in fucking customers as best they can with outrageous slippage and
shit fills … count on it … and in 9+ hours, we’ve been in a horrific ‘Flying Wedge of
Death” [FWD] that moves to the edges with speed of light moves, then dies, then
moves the other way just as fast … rinse, repeat inside about a 40 PIP range, and
you get the idea … simply terrible, atrocious trading conditions … Europe closed
now after the London Fix, and now the market is being run by bigger crooks, a/k/a
Wall Street scumbag banks … if you thought it was thin and dangerous before,
don’t look now, here comes bigger thieves and scumbags.
Multiple trades today in GBPJPY for the TURNKEY PAMM … DOWN SLIGHTLY.
Slippage an issue today “bigly & yuge”, particularly on one order where we got
mugged and raped … that one fill did us no favors … volumes DOUBLED today,
and they’ll go higher from here … collectively for the PAMM, we’re out a couple
of Happy Meals from Micky D’s, which I consider a “victory” given the conditions
… as I said, one of the worst cross days I’ve ever seen for “scumbaggery” and
shit trading conditions … with the BOE next Thursday morning, I’m left wondering
what’s gonna be any different ‘till then? … all-in-all, the trading algorithm doing its
job, but the trading algorithm doesn’t fill orders or “jack” the spread either
… meh, onto tomorrow.
Over in crypto land, “The Syndicate” UP APPROXIMATELY 0.2% via multiple
trades in ETH … ETH finally moving somewhere after 3 horrific trading days of
shit ranges after last Saturday’s debacle to the downside … outside of the Asian
session, Europe was a joke and the U.S. session mostly to the downside … again,
do I have to move to frickin’ Thailand? … believe me, if it wasn’t for all of this
COVID horseshit, I’d probably already be there! … good grief market, give me
some decent market trading conditions that aren’t simply 100% in the Asian
session! … apparently, that’s too much to ask for … hell, if I was in Thailand and
trading the Asian session in crypto, we’d be up about a Gazillion percent!
… instead, here on the other side of the world, we get “leftovers” from the crypto
trade most days … and that’s bullshit mi amigos!
OK, my crypto rant is over and I feel better … but what upsets me about the FX
cross trade, is all of the “scumbaggery” in the New York session once Europe is
closed for the day … yesterday it was straight down after Europe closed trapping
longs, today it’s straight up after Europe closed trapping shorts … it’s like there
are 2 sets of markets they are so different … round up the usual suspects, and
while they should be in jail, they’re not and not likely anytime soon as they spread
the “skim” to POLS, Apparatchiks [at the FED I’m sure of], and regulators … for
sure, it’s a “scummy trade” once Europe closes … “hey “Taliban Joe”, is your
family getting its 10% cut”? … take all of the “smash & grab” looters in Kalifornia
that are targeting retail stores like Nordstrom. Gucci, & Louis Vitton … Wall Street
banks steal 100X times that per day in FX crosses after Europe closes and
nobody says a fucking word cuz it’s considered “normal”!
…
… outta here … “The future’s so bright I need sunglasses!! 😎
...Onward & Upward!!
-vegas
No comments:
Post a Comment