Worst trading conditions in EURUSD, I think I’ve ever seen … talk about “speed
of light … crickets”, this place is it … simply wicked moves out of nowhere, both
up / down, whose only purpose is to screw specs and get them to puke positions
… they got the money, you and I don’t … they got central bank protection, we got
Mr. Jack Squat … and when the “shark” comes up out of the small pool to feed
[a/k/a “order flow”], there’s very little wiggle room if you’re in his sights caught
the wrong way.
Meanwhile USDJPY moves lower massively on the “BIDEN RECESSION” we’re
now all in, thanks to today’s release of the 2Q GDP, which shows RECESSION
… of course team “Taliban Joe”, they’re trying to change the definition of what a
recession is, for the simple reason they do think you’re THAT STUPID … I said
weeks ago, Spicoli & Lounge Lizard crew were the ones to save USDJPY from
going off the cliff … and the only way they can do that is create a DEPRESSION
that brings yields down in the U.S. relative to Japan … cuz if Japan goes tapioca,
the world’s financial system goes down with it, and no central banker wants to
see that, at least right now … so on the one hand we got bat shit crazy [BSC] in
USDJPY, and EURUSD is a crock of warm spit … going forward, this is what FX
has to offer and little else … 2 entirely different scenarios, but both likely to be
the top 2 scams being run by scumbag banks, as we move into a worldwide
recession / depression … I’ll have details in Sunday’s blog via version 3.0 of the
trading algorithm … cuz quite frankly, what I’m gonna lay out is a pathway to
trading success, under pretty much all trading conditions [except completely
dead chop].
Today’s casino markets in FX a complete joke, with EURUSD taking top prize
… it goes nowhere after the 5:30 AM EST “flush of the toilet”, and then spends
the rest of the entire day in a 35 - 40 PIP range of pure Hell … complete with
wicked spikes both ways that go nowhere, and only end up feeding banks at
spec expense … I can’t imagine anybody, long or short this crap, was happy
with what they saw transpire.
Only one algo signal taken today in EURUSD … TURNKEY PAMM DOWN
SLIGHTLY … and I might add, pretty much all due to slippage, which on one fill
was over 3+ PIPS … just a frickin’ nightmare … tomorrow will see me go back
to YEN, as this is the second time in a row I got mugged, robbed, and then raped
by TURNKEY’S scumbag LP’s in EURUSD … I already had a lengthy talk with
management today, but guess what? … they could care less … but, activity and
ranges in YEN have been quite adequate lately, so how could it be any worse?
What’s next in all of this crap, locusts? … we’ll find out tomorrow … outta here
… “The future’s so bright I need 2 pairs of sunglasses 😎😎, and my own Brinks
armored truck” 💓!! … Onward & Upward!!
-vegas
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