Did somebody forget to unlock the casino doors? … don’t be surprised if the
FED manipulators go on a “VIX killing spree” in the “Spoos”, between now and
the March FED meeting … since Europe opened about 5 hours ago, USDJPY
doesn’t even have a 20 PIP range … nothing on the economic docket today, and
it’s looking like it’s over before it even has begun … but it’s early yet, we’ll see.
It’s pure “sleep walking” right up to the “London Fix” … and I’m just about to write
just how bad awful all of this shit is today, if the scumbag banks can’t pull some
“scumbaggery & fuckery” at the fix … “oh, somebody got “fixed” alright, namely
the dumb ass corporate types who continue to get raped by these Jackals
day-after day … and then right before zero hour, BOOM!, there it is …in the case of
USDJPY, about 30% of the day’s shit range in less than 1 M1 … somebody again
tell me about honest & fair markets, cuz I like fairy tales as well as the next guy”!
… this is simply embarrassing, proving once again how corrupt & dishonest the
entire world’s financial system is.
So, is there anything left in the system of corruption once the “Fix” is in? … nope,
we’ve been sitting for over half an hour just chopping around a 2 - 3 PIP range in
USDJPY, while the scumbag banks send anyone and everyone into the slippage
“meat grinder” … take away that one M1, and we don’t even have a 30 PIP range
for the entire day … the trading algorithm is amazing, but it isn’t designed for
EXTREME LOW VIX like we’ve seen today in USDJPY … but this is modern day
FX, where one day VIX is fine, and the next it’s worse than anything you can
imagine in a nightmare … not just Yen, but all the majors … today, cuz of inflation
and other econ stats, EURUSD spreading its wings some, with an ECB meeting
on Thursday to boot … if Yen continues its lethargic action into tomorrow’s
European open, I’ll simply switch over to EUR and pick it up from there
… remember, these are the 2 pairs I trade now, and I’m not gonna sit here for long
and watch paint dry in Yen while EUR is doing anything … I’ll make the switch
… I’d like to stay in Yen cuz the chart is “cleaner” on moves over EUR, but
trading action is badly needed, and if we can’t get it in Yen, and we sure as Hell
ain’t gettin’ it today, then screw it, we’ll get it in EUR.
No big misses in the E.U. data early this AM, other than GDP a tad light from
consensus … with EURUSD getting “monkey hammered” into the 11 handle, it
appears it created some spirited short covering as the possibility of some hot
inflation data gives hope of maybe seeing an interest rate hike in the future … so,
EURUSD gets an 80+ PIP range for the day while USDJPY sits and sleeps [so far]
… we’ll see what tomorrow brings and trade accordingly … now into the New
York afternoon, and unless the “Spoos” get bat shit crazy [BSC], I don’t expect
anything from FX pairs but mindless drift with a good dose of “scumbaggery &
fuckery” from the virus scum of Wall Street banks … it’s who they are and what
they do, so don’t expect a tiger to change its stripes and invite the lambs in for
some tea!
What I’ll be doing going forward, is starting trading near the European open in
EURUSD as the “default mode” trade pair … if USDJPY picks up activity I’ll move
over there if EURUSD is subdued and lacks trading action … we missed some
good signals today cuz I was in Yen waiting for it to move … no more … instead
of being in “default mode” starting the day in Yen, it’ll be in EUR … this will give
us better profitable opportunities in either one that moves, without having to wait
on the one that doesn’t move.
Into the New York afternoon, AND NOW SHIT STARTS TO MOVE! … well, with the
virus scum of New York Wall Street banks at the fore, now that Europe is closed,
who’s surprised? … can’t do shit for over 18+ hours, but now since the “Plunge
Protection Team” [PPT] is doing its “Hoover Dam” best to goose “Stock Bellies”
higher with “risk on” bullshit of printed CNTRL-P money from the Lounge Lizards,
it’s squeeze the livin’ shit out of positioned shorts in FX and make ‘em bleed
… even with this, however, trading action in USDJPY is horrible … much better in
EURUSD, as there is at least some flow there to trade … not much, but better
than Yen to be sure.
No trades today for the Turnkey PAMM … Yen hasn’t moved worth anything up
until a few minutes ago, and tomorrow sees me shift our focus first to EURUSD
at the European open going forward … meanwhile over in crypto, while BTC
stays steady and drifts slightly higher from last week, the alt-coins like ADA are a
disaster … ranges have collapsed, volumes thinned out, and liquidity a major
issue on spikes up / down … just a complete circus shitshow … no trades today
in crypto, and I’m gonna need to see better action than this in pairs like ADAUSD
before I wade back into the pool.
Things heating up in the major pairs in Europe, notably EURUSD today with a
90+ PIP range so far, and with the ECB meeting on Thursday, a little bit better VIX
structure creeping into the market … this will benefit us via the trading algorithm,
cuz the higher the VIX, the better the algo performs … onto tomorrow.
… outta here … “The future’s so bright I need sunglasses”!! 😎😎
… Onward & Upward!!
-vegas
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