How can you not see it? … Trudeau, “Taliban Joe”, MSM activist hacks,
Apparatchiks of all stripes, the “woke” military, and on and on it goes without
end … it’s all lies & bullshit with the intended purpose of projecting the official
Elitist narrative so you somehow believe it and cede more control of your life
over to them … and this mountain of bullshit hits tomorrow via the CPI print,
where “made up” inflation numbers once again take center stage … and just
like the jobs numbers every month, it’s all make believe fairy tales top to bottom.
Whatever it is you wanna call this today under the rubric of “trading”, only makes
me laugh … ranges pathetic, trading action even worse, as we got no choice but
to “hurry up & wait” to tomorrow’s CPI print, where all Hell will break loose at
8:30 AM EST … now at the “London Fix”, the “unofficial” official close of the
European session, since 5 AM EST some 7+ hours ago, EURUSD has a 20 PIP-ish
range, gold asleep with a $7 & change range for the day, and both Yen & Cable not
worth looking at either … seriously, whaddaya gonna do with this? … gold did
produce some algo buy signals today, but the problem is with no VIX to speak of,
you have no idea if the signal is gonna produce a 25 cent profit or something
more substantial like on regular days when the range is nearer $17 - $20+ … and
the sickly range tells you it’s much more likely for the former, and that’s exactly
what we’ve seen along with slightly higher “false positive” signals cuz of the
lack of VIX
Both EURUSD & USDJPY an embarrassment to trading today … it looks like
BoJo’s chances of survival are getting slightly better, but next week sees the
rubber hit the proverbial road for him, so Cable is still off my trading list until
his status is resolved … gold for it’s part very “squirrelly” in its trading action
today, with some M1’s going bat shit crazy, but most simply dying … throw in a
couple of out of the blue stop hunts for good measure cuz they can near the
NYSE open & the “London Fix”, and it’s how you end up with an $11 overall range
for the day without anything really happening price wise … still gold traded better
than any of the anemic FX pairs if that’s any consolation.
I followed gold closely today, but as I said before, without decent VIX what do
algorithm buy signals actually mean? … in total, today’s New York session saw
approximately 6 buy signals … 4 of them either made a little or lost a little
depending upon execution … the other 2 were clear winners, but one of them for
only less than $1 … the other one near the European close [London Fix] was the
only one anybody could have said, “well, there’s a normal algo signal for profit”
… sum it all up and versus normal trading action, it’s only 1 for 6 … quite frankly,
that’s not good enough cuz it leaves too much room for error … and when VIX
drops, that’s what you get … more error! … tomorrow of course sees the CPI print,
so it should be quite the active day.
No trades today for the Turnkey PAMM … just not enough VIX in anything to
compensate for the risk … meanwhile, over in crypto land quite the sick day
[excluding BTC] … the alt-coins were D.E.A.D., and thus no trading here as well
… onto tomorrow.
… outta here … “The future’s so bright I need sunglasses”!!😎😎
… Onward & Upward!!
-vegas
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