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Monday, December 5, 2022

USELESS MONDAY [AGAIN]

“She of course is thinking of FX!!”

“JUST OFF” became stomach flu … I may never eat food again … another

Saturday cookout that blows up in my face … nothing like upchucking every

45 minutes for an entire day … seriously, 2022 has not been kind to me.


The second worst trading day of the month, comes right after NFP … not

surprisingly, ranges suck … a little movement in USDJPY, but the spread blown

out to almost 2 PIPS, which is completely unacceptable … other than that

EURUSD seems to be stuck in mud … until that is, ISM services comes out at

10 AM EST, and SHTF in markets … so, what else is new?

… “speed of light … crickets!”


By mid morning USDJPY spread back to normal, but the trade outside of

USDJPY completely sucks … it’s amazing to me how USDJPY has morphed

into the nightmare that it has become … throw in bullshit slippage and ugly

spreads, and it makes me wonder some days if I’m trading the Mexican Peso

… one decent algorithm buy signal in USDJPY today, which came after the ISM

clusterfark … PAMM UP FRACTIONALLY … nothing like getting bent over a railing

for 4 PIPS getting in, and getting hosed a full PIP getting out … and we still made

money, even with all of the thieving from “SLIPPAGE FX” [a/k/a Coinexx +

Turnkey] … whaddaya gonna do? … most days USDJPY is OK, but apparently

today isn’t one of ‘em … getting legitimate, decent algorithm signals when shit

goes “speed of light … crickets”, is a problem … all we can do is wait, be patient,

and show discipline … when they come they’re gold bars … onto tomorrow, at

least it won’t be Monday! 


… 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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