“Inside politics & central banking are the real rats, weasels, and hypocrites!!”
The Brits are at it again … rumor mill time cuz it’s that time of year when corrupt
POLS & even more corrupt Apparatchiks got mistress funds to replenish and fund
for the upcoming winter & Holiday season … forget fancy cars & vacation villas in
Spain, they just want to be able to afford the heating bill coming due … what good
is looking pretty if you’re freezing to death? … and so here we go with rumors
about the ‘mini budget” getting floated before the U.S. CPI, where banks need to
unload Sterling at higher prices to Chumps jumping on the bandwagon cuz
“the Dukes know something” … and then the CPII comes in hotter than expected,
and it’s heartburn all over the place for specs … welcome to “The Widow Maker”,
it’s just been sleeping a while!
Quite frankly, I didn’t see this shitshow circus in Cable coming today, as well as
the massive reversals in pretty much all markets … an approximate 320 PIP range
is bat shit crazy [BSC], although trading conditions held up pretty well at least at
Turnkey for most of the day … same can’t be said for oil, where spreads ballooned,
and it was simply a copycat move off of FX and the “Spoos” … massive panic
followed by FOMO in the extreme.
A shipload of algo buy signals in Cable today, although most got blown through
rather violently on price spikes … one algo buy signal trade today in GBPUSD,
and the TURNKEY PAMM IS UP SLIGHTLY … getting a handle on pure panic from
both sides is a very tough assignment, not cuz of the action but cuz of the
quickness of the price moves and the fact that it happens so infrequently, it isn’t
part of any regular trading pattern … but nonetheless we deal with it and move
on to tomorrow.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
No comments:
Post a Comment