Well, here we are on the brink of WWIII … and as everyone should know by now,
war blankets so many Libtard's & RINO sins … top of the list of course is the 2024
elections, and quite frankly will there even be elections? … the probability
ain’t ZERO!
And don’t look now, it’s “Indigenous People’s Day”! … back when the world was
sane, and not hounded every 30 seconds with “woke” Assholes & Nutjobs
screaming at the top of their lungs about every injustice they thought was ever
committed, and why it’s the fault of everybody in the U.S., today was called
“Columbus Day” … bankers and other associated scum in government have made
it a Holiday, so natch, the bond market is closed today, but “Stock Bellies” are
open … but alas, without the bond vigilantes keeping track of bond yields, and
cuz they have such profound effects on every other market cuz we’re all interest
rate traders now anyway, unless the war drums get louder today via Israel,
markets likely to wander and drift … we’ll see.
Up and until you see or hear about a mushroom cloud in Iran and/or Israel, I
wouldn’t get long gold simply cuz Hamas & the IDF are at war … this shit has
been going on for how long? … I find it an amazing coincidence, though, that at
a time when bullion banks have absorbed a shitload of spec selling on higher
rates, all of a sudden war breaks out, takes everybody and their pet rabbit by
complete surprise, and gold just happens to gap open sharply higher from the
weekend … coincidence? … quite frankly, I know better than to think that … and
the bond market is closed so as not to ruin the gold party celebration with higher
rates … more CIA “Scumbaggery & Fuckery”? … it gets my vote! … and what
can only be described as another truly amazing coincidence, as corrupt Ukraine
is getting ground into dust and that war looks to be lost, pity the poor defense
contractors with nowhere to send their weapons systems … oh wait! … another
Mideast war and here we go again! … ahhhhh yes, the Banana Republic gets its
wish for more endless war & profiteering by POLS … see my shocked face!
… human suffering & misery mean NOTHING stacked up against money flowing
to the global Elites who’ve positioned themselves to profit.
Meanwhile in the fantasyland of “The Swamp”, where learned Elites debate and
discuss the next gay pride / alphabet soup perversion parade and which
Orwellian pronouns to use, where Joe Biden is figuring out which ice cream
flavor he wants next after his nap, the Clown College, retarded Kittens on Meth
division, still doesn’t have a “Grand Poohbah” or Speaker … congressional biz,
which lately has consisted of naming new post offices and bridges, has ground
to a halt … grab the popcorn!
With today being a semi Holiday in the U.S., and with the “war gaps” in price
from the weekend openings across markets that blew order books out of the
water, we’re seeing very lackluster follow through trading action … gold with a
very tight $11 range, which given the news flow is strikingly pathetic on so many
levels, and crypto is basically just muddling along … and given this, I want to
focus today on the difference among you between “scalping” and “day trading”
… make up your mind ahead of time who you are and what style of trading fits
you the best … I ain’t your Mom, so don’t ask me … figure it out … if you’re a
scalper, 1) you don’t care which market you trade as long as trading conditions
are right, and 2) you only need 1 market to fit the bill and consistently make
money … right now that means IMHO either EURUSD OR CRYPTO, and one of
the 4 pairs I would recommend for scalping, with ETH & XRP having the best
conditions, followed by BTC, and rounding out the list is DOGE … for
“The Syndicate” I’m in EURUSD for a whole host of reasons I’ve already
covered … if you like crypto, right now I’d give the scalping edge to XRP
[Ripple], but that’s my opinion … all of these are available for trading
@ IQCENT, and offer the very best conditions anywhere!
Hitting the start of mid afternoon in “Biden’s Gulag” [a/k/a New York], and on
this quasi-Holiday, it’s over … “it’s dead Jim, it’s dead!” … pretty pathetic in
gold, but at least the spread held steady … nothing to do when it can’t go but a
couple of bucks from a median price, almost the entirety of the trading day … no
gold trades for the PAMM today … not much in EURUSD either, although the
scalping action up to the London Fix was halfway decent, if you kept your
scalps tight with a ½ to maybe 2 PIP window … “The Syndicate” UP
APPROXIMATELY 0.3% on very light volumes … onto 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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