Nah, this market manipulative pump has been too extremely ruthless. If the aim is to wipe off all short positions, they’re probably very close in doing just that if not done already. For what it’s what, at least they’ve shamelessly now made it very obvious. So as annoying as it might be, at least it should be less troubling.
We just have to sit aside as we wait for the flash crash to occur whenever they want it to happen. Perhaps they want just get to achieve their aim of a soft landing.
Yellen, the Fed, Central planners or whoever is behind this whole manipulation scheme currently happening with the market need to get their greedy hands of the gas mehn. This shit isn’t funny in any way and it going to end up in an absolute cluster f**k!. Hands of the VIX, let’s the market do it’s thing. The sooner this whole mess ends, the better for everyone else. Then y’all can begin to work on cleaning up and fixing up. Not this political market manipulation y’all are currently playing cause absolutely nothing good is going to come out of all this at the end.
Keep it going and the greatest deserter will happen and f**k every chance of a swift recovery up. Leaving the State in a far worst position than it intend to be. Keep playing this manipulative game and only time will tell when it all goes to hell.
⏲️: I’ve made couple of analysis about the market that sort of played out perfectly but me trading said personal analysis has been nothing but a disaster. Ouch!
Just a hard reminder again that it is not “timing the market” but “time in the market” that matters. Especially with regards to trend trading. With intraday trading though, that’s different. Guess this where timing the market matters more as long as one can deal with the stress that comes with that. Best to just let the Bots run that.
Now that I don’t have a dog in this fight anymore. I’ll be on the side watching if the current U.S administration is going to keep pumping the market over supporting their good friend Japan in Asia. Will the market open to resume the crash on JPY or take their greedy feet of the gas for a bit so BoJ can catch a breath or two for a second.
⏱️: I’ll be watching
Nah!, there’s absolutely no way my SL wasn’t being targeted on my lost trade on AUD/JPY pair. What!. After making sure all my SL are cleared out and I’m stumped out of all my positions this motherfucker has now corrected by -1.60%+. Alright let’s me take today off. I’m clearing too pissed off at the moment.
Not like I wasn’t expecting this correction to play out but c’mon, wiping off all my positions before playing out is clearly a faul call for me.
There goes the JPY blowing up my Account today from the buy position I carried over the weekend. What a shit show. And this a suppose reserve currency?. It’s best fitted in the meme coin category.
🪠: The central planner and plumbing protection team really did an excellent job today in directing all sectors of the market to how they want it. Managed to manipulate the DXY high to close metals and energy flat, ensure crypto close low, keep the indices up by manipulating the VIX lower and the star of the show?. Intervene to stop BoJ from intervening thereby decimating the JPY like is no big deal while ensuring USD is up so all others pair against it stays down.
Meanwhile next week will likely be rough like this week if not worst cause they’ve got a couple more earnings report handy to use with continuing the market control and manipulation. Just as they did with the google and microsoft own this week. They would like Powell to play his part of been dovish to keep the pump going but just incase he goes off script, Amazon and co will be there to save the day. Stonks just have to stay up no matter what cause there’s an election to be won. Seems the market destruction is more important to the administration so nothing else really matters anymore.
Call me crazy but let’s just say I’m team depending the JPY on the AUD/JPY pair today. Already lost so much trying to score this whole JPY shit show of a market. So perhaps after so many heavy fails and losses, this one might be different heading into next week. AUD already gained above 1.50% against JPY. The ZAR however did above 2% gain today against the JPY.
BoJ will probably be holding meetings and making some calls to get this situation under control. It’s been a crazy trading sections. For those who caught the up trend cause they weren’t sentimental and just traded the chat, big congrats on your wins. As for me perhaps I’ll live to fight another day as long as I don’t blow up my Account for sure.
🛟 https://image.nostr.build/a9a09ab2ff35f49c605645f3c214c1270714d7974c8f5187af116fa17b4c9dcc.jpg
This was a tidbit stupid of me though. If the BoJ itself isn’t bullish on its currency, what make me think I’ll make a difference with my silliness. Its been a very rough day with this pair. Gotten stumped out on few positions due to SL already and still got a couple open. This JPY decimation will very much likely continues into next week section. I’m just going to see if the central planners let it run into the 104.+ level. If that happen I’ll close up and call it a day. Terrible choices are no fun but silliness has its lessons.
C’mon BoJ, why the delay with the rate decision today?. It’s 19mins past its due to be announced time already. Is JPY waiting for the higher ups to give the nod first or y’all want to crash it a little bit more first?
⏱️Get on with it already.
🤦🏾♂️ What a mess Kazuo Ueda got going, market was expecting a surprise higher than expected hike to give the JPY a little bit of a boost even if it was just for a day. Since we didn’t get anything unusual, there goes theJPY crashing like nothing has changed.
When currencies of developing nations and emerging economies trade like meme coins, one will understand the underlining behind such moves. But JPY, c’mon isn’t this currency a suppose reserve one? what a shit show. BOJ have JPY trading like a cryptocurrency. 😤My only sin was been hopeful Kazuo Ueda will be sense enough to make things right and now, I’m down big time over such hope. Perhaps I wasn’t wrong but probably was just too early going long on JPY pairs. As much as I hate moments like this, I’m still holding on to some sort of little hope left that BOJ will do what’s right come Friday.
I’ll just take it for a fact that BOJ is making big bucks shorting it’s currency if come Thursday they don’t do a rate increase to send a clear message. Making it clear to those shorting JPY that it’s not just a all back and no bite Bank anymore.
⏱️: Let’s keep a close eye on how they play this come Thursday.
BOJ interest rate decision will be on Friday*. Mixup the date. It will be an interesting market section to follow up on come Friday. Let’s see what move BOJ have up their shelves.
🤔: Interesting petty common internet privacy issues that seems harmless but can be broadly associated with identifying theft. Good thing there’re fixes for it though. Here’s a very minor not serious at all personal experience had had of recent.
So in the spirit of getting active on my so dormant Linkindin Account, I logged in just to keep it running. Decided to add a secondary mail on it and boom!, to my surprise someone had already used said secondary email for their own self on LinkedIn. This someone in question is definitely not me for sure so curiously I attempt to login to said Linkedin with the secondary mail to gain access to it. Since I had full access to the Secondary mail in question, I hit right on the forgotten password got a reset code, reset a new password and gain access to the Linkedin. That wasn’t my name on it with very little personal details of the person attached to it.
Luckily the user haven’t done anything but simply just use my email to open an account for himself and left it at that. So I opt to delete the Account after taking screenshots of the details and called it a day. Then proceed to add said email as my secondary mail to my own Account as intended. Issue solved, life goes on.
🛜: Logging in to my yahoo mail again recently after been inactive for a period of about a year or 2+ and finding out that my inbox and all has been wiped clean is kind of a hard pile to shallow. Even though yahoo love to put the blame on us for been inactive for 12months as the reason for wiping out Accounts. I’m certain there’re lot of people just like myself who had important mails in there that where never archived. Most of which are mails they would love to catch up on due to important information on only to watch in disbelief how dirty yahoo! played them.
Guess Yahoo just had to do yahoo! for sure and acted with little to no public notice or update to users secondary mails. This among many other wonderful reasons is why we Web3. Welcome to the future of the internet. We’re on the right side of history in the making.
Nah, at this point it seems like it’s those who are looking forward to short the market are the ones fighting the Fed. Yellen, congress, the Fed and this administration definitely don’t want the market dropping anytime soon. At least not before or during this coming election circle. So they’ll keep doing whatever it takes to keep the market pumping.
As a matter of fact they’ve called this market distortion and manipulation that goes against all market ethics and fundamentals a new term. It’s now called “MMT” - Morden Monetary Theory. This how the government strategically keep the market distorted. Passing spending bills (a/at night) before a previous bill runs out and just in time to avert a short down. First they did this in 1971 by ending the Bretton Woods system, in recent years( June of 2023) they extended that abuse by voting the debt ceiling away. Now it’s open season on spending knowing the debt is not their borden to bare. They’ll will keep pilling up the debts for the masses and generations unborn.
As for them in the aims of government and financial control they’ll keep parading the false claim that the debt crisis is just one more spending bill away from been solved. Just so they can keep themselves paid in believe that this house of cards will never collapse. And even if someday it would, at least it shouldn’t be under their watch. That’s the excuse they keep using to kick the can down the road.
Since the debt crisis is the responsibility of the masses to pay off and generation to come to figure out, let’s keep watching how they work in false hope of a soft landing. Maybe those of us that still believe in market fundamentals might just be wrong this time around. Cause “this time it’s different.” ⏱️
🤔So if the market is pricing in expected rate cuts now and rallying hard in anticipation of said cuts before hand. What will the market then do when said cuts actually begin?. Since Powell said at least three cuts will be done this year and the market has already priced in those cuts and more. Judging by how mindless the market has been regardless of the fundamentals and reality on ground Wall Street simply don’t care. They’re only about keeping the market pumping so when the cuts begin, it’s just going to be another excuse to keep the rally going.
Powell better have a good exit strategy for this market shenanigan he and his cohorts has been edging on. Cause there’s no way in hell this all ends in a fairy happily ever after. And one don’t even have to be an expert to see it from miles away.
Mr. Powell didn’t need to put on a fine suit today for the FOMC press conference. He would’ve worn his lovely dovish costume instead. Dude just showed up to pump the market for himself, his buddies and the administration. Now come Friday he‘ll attempt at to work this pump back down just so he could save face. Just another day of the Fed using the opportunity avail to them to say “to hell with the dollar”.
We just have to wait to see how weak they want the dollar to be, how high they want inflation & this market to get before been satisfied with burning it all down to the ground. ⏱️
🤔Is Alby open to builders only for now. Just about hopping on and noticed its via invite only at the moment. Well, just gonna hang out till it’s open to everyone then.
🤦🏾♂️: What sort of shitty report is this?. Impressive employment numbers with higher unemployment rate and lower reversed employment rate from January & December. C’mon did the bureau of labor statistics run out of time in the kitchen or are they just getting too exhausted to get it right this days. Must be really tiring doing all that cooking repeatedly for sure.
And how does the market react to all this sham since breaking all time highs just so Biden could say the economy is strong on his SOTU speech isn’t enough?. Keep decimating the bears for sure. With the continuous market manipulation, sham reporting, vix suppression, back door QE courtesy of Ms. Yellen and debasement of the Dollar. Someday everything will fall apart and absolutely no one will want the dollar and anything to do with the US markets anymore. This time it would be for real and there’s nothing anyone could to stop it. For now everything is fine and there’s absolutely nothing to worry about for sure.
😰Let let me get this straight. Initial jobless claims continuously seems to be going down, rate cut is off the table at least for March because market is still at all time highs and last inflation print came in hot. Yet, market is still rallying higher because you know A.I.
Wow, it’s an amazing dilution to live in if only this can go on forever. Let the bulls keep day dreaming till reality hit.
🤦🏾♂️ There goes the JPY again. Doesn’t matter what DXY does JPY stays/goes down. So what’s the point of trying to absorb all this market stress while the Fed, BOE & ECB do has they please for their own interest while BOJ maintain a negative rate. Wouldn’t it be much better to drop the ball and let the water go were it pleases?. Decades of yield curve control & negative rate has done little to absolutely nothing to boost economic growth/activities.
That’s the only incentive for buyers of JPY is a positive rate at this point. What’s the motivation for BOJ to keep holding water for the US via holding & buying its Treasuries?. Judging by the fact that the current administration has little to no intention in cutting back on its reckless spending. Even when the economy is running extremely hot and its wheels is about to fall off. Just by looking at it’s current debt level, deficit and global geopolitical issues at play, it’s a great disservice by BOJ on the Japanese people to keep rate at negative level.
So going forward, I think the BOJ will begin to look after it’s own economic interest. At the very least by taking monetary policy decisions to at best stabilize the JPY. Hence the reason they’re likely dumping some of its US treasuries of late. Now the question is who’s buying?. Market is already extremely stressed out and Ms. Yellen wants to keep issuing more.
Judging by the way congress & the Biden administration is spending like a drunken sailor. Just looking at the present U.S debt level alone with the genus Ms. Yellen in charge, guess it’s safe to assume they’ve figured out a scenario where all this ends completely fine. Nothing blows up, market maintain their upward trend while everyone keeps backing the Dollar for a couple decades more regardless of its backstabbing & bullshiting. Inflation stays below 2%, no recession, U.S clears its debt and we all live happily ever after in this wonderful utopia of the globalist universe.
There’s definitely a good chance for this wonders to happen of cause. What other reason is there for running the economy this hot, all gas no brakes. Making the market go this wild is definitely a good thing for all stakeholders of the Utopian agenda. Nothing can ever go wrong. Rates can just be cut to keep the borrowing and debt running. It has nothing to do with politics and elections at all. Everything will be just fine cause this is perfectly normal. Ding 🛎️
Wallstreet is going to A.I this market to its doom. I’m not saying A.I isn’t a thing not to be excited about. Yes it’s the future, however just like the whole dot-com excitement leading up to the market crash back in the late 90’s(1997-2000) this is no different. I might be wrong wrong you know, “this time is different”. Market only goes up forever😑
Everyone just keep shipping in A.I any which way how in there, after their earnings report. Well, fingers crossed. Maybe NVIDIA will finally pop this bubble after their own earnings report come month end?, maybe not we’ll find out. Let’s see how it goes with this resilient market on steroid.
😮💨Struggling to make sense of this market that I’m literally loosing my hairline due to the stress of it all. What dah hell is going on?. What a clown show called market we got this days.🤡
😵
Safe to say its all prep for the implosion of the Dollar. Whenever the DXY finally breaks, it will be game time for BTC and crypto related assets. So it’s only wise to start taking positions to that effect now.
hmm, something is seriously smelly in this market. Everything is off but whatever, cause it’s only about keeping the pump up going. So how long can this keep going?
Well, as long as it take cause after all nothing else really matters till it does.
Market making sure all shorts are absolutely wiped out. What a shit show. When shit hit the fans it’s going to be a bloodbath. But for now it’s a BULL party, stonks to the moon! 🚀
There’s no possible way this rascality, recklessness and market impunity goes on unpunished. This is going to be biggest financial market disaster in morden history and I wonder who the blame will finally end up landing on. Wallstreet, Congress, the administration of the day, Treasury or FED?
Time will tell. ⏱️
Back to fighting the market Bulls. Now that Santa’s party is over and the holidays are almost fast spent. What excuse will they pull off their sleeves to keep the bull run going?. Guess we’ll find out as we kick start 2024.
Happy Birthday BTC 🥂
💆🏾♂️Here I was thinking the market has been victorious with fighting the FED so far. So they might likely hold the line through the holidays or at the very least till January.
So what happen? what’s going on?. Is Yellen’s war against the FED and the Bears suddenly over?. Can’t they carry this bull market of theirs through till at least the holiday is over?
Good riddance to bad rubbish🌚
It’s never a good thing when market speculations get extremely high. Just as it’s never ends well whenever a government administration name’s the economic state of the country after themselves.
Let’s see how well this whole “Bidenomics” fiasco ends.
Need time of the screen a bit. It’s getting hard for me to accept that this rally might likely persist into January after yesterday’s FED move. I’m still in disbelief cause I’m getting really desperate to short this market🤦🏾♂️.
I’m still trying to make sense of why the FED came off dovish and I think the reason for this FOMC mumble jumble decision was just purely politics. Reality as well as fundamentals begs to differ on the so called inflation is cooling off gibberish. Even though the manipulated economic reports states otherwise.
So what’s the politics behind today’s FED decision?.
For a start, the FED is probably giving Washington ample time to sort out its budget. Then there’s Janet Yellen who’s still heavily propping up the impact of the FED move every step of the way. Then comes the issue with the impact of the DXY against basket of other currencies.
So I guess this gives other currencies some time to catch their breath. While DC politics plays itself out. Perhaps it might just be the FED is already at restrictive level and don’t want to blow up the market for Christmas. So they’re hoping to keep up with the failed attempts on talking the market down with no further rate increase.
This happen to be the only logical sense my sentimental mind can come up with, as a reason to why Powell dovishness to keep the Santa rally going. So Stonk to the moon 🚀 for now.
Time will tell how bad the fall will be. Let the Bulls enjoy their Santa rally while the rest of us Bears enjoy our Holidays. Merry Christmas 🎄.
Japan has gotten extremely addictive to QE. Probably the scars from the last blow up which lead to the lost decade is scaring the government & BOJ. Come January will the BOJ be courageous enough to initiate a cure?. If not for anything at least for the benefit of the JPY.
Volume is pretty much dried up on Indices across the board. Extremely flat volume couple with the fact that vix is desperately begging to be buried at this point is a enough reason for the market to keep the rally going.
Beside, Stonk only goes up no matter. Bulls are likely to keep this up till whenever Powell decide to stop the party but does the market still take the FED seriously?.
Let see what uncle Sam’s Bank & ECB decide to do com next week. Are they really going to to crash Santa’s party?. Well, the longer this keep going, the harder the fail will be.
The Bears will definitely have there day. Even if it doesn’t look like it right now. Only time will tell⚠️
Ok let me get this straight. Interest rate is at a 22 year 5.50%, GDP growth was tremendous at 5.9%, cost are heading down towards FED 2% target according to the reports, the top stocks are braking new highs while some are almost close to their previous all time highs. Market has rallied to new highs for the year and heading to their all time highs in January 2022.
VIX has been dead all through, gold did new all time highs and cryptos are rallying higher again. All this pleasantries and Santa excitement playing out yet some are expecting FED to start cutting rates soon as March 2024 so the market can keep rallying upwards forever. Then inflation disappears and we all live happily ever after while the debt keep growing and the dollar crash.
What a wonderful fantasy to behold. Indeed wishes are horses this days let’s all just keep dreaming 😴
Must be shorts covering cause who is really buying up this market at this level?.
Since Powell & the Biden administration in collaboration with Wall Street has successfully kept the market up by continuous economic report manipulation. They can as well get the market to do an all time high before the end of the year. Beside “Santa rally” hasn’t yet kicked in. Or has it?
I’m trying my hardest to figure out what this so called Central bankers & Governments are thinking or what they got up their sleeves. So far except a handful of Nations, the rest have little to almost no interest in saving their fiat currencies. By at least getting back to responsible monetary policies across the board.
Feels like a deliberate strategic control demolishing of the “fiats” one after another in circle. All in the guise of saving their economy, even when public datas and economic reports states otherwise. They really believe they can control this Ponzi of an economic scheme forever or at the very least as long as it takes.
For them the only way out is “a control landing” with expectations it will be a soft one and the effects short lived. So they can then begin again.
Is interest rate & yield curve control alone only going to get the job done?. Perhaps they know fiat is already broken so it’s best to exhaust whatever leverage it got left. Then when it finally collapse with the economy they’re trying so hard to save the next thing is will be launched. Let’s see how it plays out.
Market of late doesn’t care about fundamental, technicals & mechanics. Just straight up “anyhowness” & “whatever”. Good or Bad news? market goes up.
Yea, just so happens some of us are still failing to get the facts that market only goes up forever into our tick skull. And sadly I’m one of them.
Another attempt at Buying JPY again this week after the terrible losses on last attempt. Let’s see how this one plays. As long as BOJ & the Japanese Government won’t decide to short JPY it should be good.
However banking on them not to do that is beginning to feel like a fools dream at this point. Well, fingers cross💆🏾♂️
Market irrationally over the past weeks has definitely been the weapon formed against me. Let’s see how well it goes from here. Hopefully it gets better cause man get to catch a break💆🏾♂️
If this bulls hold pass tomorrow and continue after Thanksgiving then maybe I’ll believe we’re in a genuine bull market. For now let’s see how this silly rallies holds pass Thursday and the reason that will be given for it.
When that’s done, they better cook up a much better excuse to hold it through next week. That’s if this week successfully close green.
After this long run of bull irrationality, market has made shorting historically obvious at this current levels. However don’t be too anxious to do so. Let’s get Nvidia report out of the way. What comes next will gives more clarity on if all hell breaks lose.
For now bulls will likely take their wins off the table heading into Thanksgiving. Let’s see who’ll be buying into this so called bull market after that come next week.
Happy Thanksgiving 🦃
I guess I had too much faith in BOJ to not let JPY get this bad😏. At this point I’m not just disappointed but deeply broken by their seemingly lack of concern on the ongoing destruction of the JPY.
Either their hands are tired or probably there’s nothing else to be done at this point. I mean, what can I say. Somethings are inevitable and some are just meant to be. It’s really sad but it seems the BOJ is going to sit this one out and let JPY burn to the ground. So I guess I’m just going to cut my losses here💆🏾♂️
What sort of market is this?🤦🏾♂️. Can’t find the rational behind anything. Nothing is adding up and absolutely nothing makes sense anymore.
By the time this is all over, the devastation will be beyond anyone’s imagination.
It’s been really not just extremely exhausting but frustrating as well Buying JPY. So BOJ is really going to sit this one out as JPY fall apart?🤦🏾♂️.
Well, guess we’ll find out after tomorrow’s section. If nothing changes then all bets are off😏
Bulls are certainly having a filled day with the recent market move. Let’s see how they keep this up after earnings. When the dust settles we’ll know who’s naked.
Hopefully BOJ finally comes to the realization that their warnings don’t mean anything except they take serious needed actions to that effect. What a mess🤦🏾♂️
💭: Looking at the market(indices) setup for this week and I’m quite unsure of how it’s going to to play out. Market is set for a likely bounce back ahead of the next FOMC interest rate decision coming up.
So perhaps we might just play within a range or consolidate to let the dollar cool off a bit so the intraday extensions on FX pairs as well as Cryptos can have a mini rebound. However on the daily, weekly and Monthly setup on indices we’re due for a sell off. I’m interested to see how this plays out.
Have no idea how @bitcoincoderbob got a hold of my handle was surprised & grateful when I saw sats in my wallet from him. Had to come find him on here and on X. Thank you @bitcoincoderbob
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