My own indicator the Mojiadoji is flashing panic across the boards .Black Monday is upon us ,the rich will become the beggars ,the fools become the wise .
I'll be popping champagne while the Wall st wizz will be popping his head out a 44th storey window surely followed by the rest of his body and a few colleagues that went balls deep in this good times...
He'll huff and he'll puff and he'll .....Well that's about it .
At the moment they are tallying up the newly acquired shorts on the markets to add to the get rich quick black Monday desperados .By Friday they should have enough shorts to have a great shindig in the Hamptons at the weekend .As soon as it's official and they know they made a killing The Donald...
No rate cut tomorrow folks .
Hit the spike and get out ,similar to the AUD rate hold news .
Hold position for 7 minutes tops then get out if it looks to go beyond spike then go back in risking half the profit you accumulated and with a smaller lot size and see where it takes you .
...
No rate cut tomorrow folks .
Trade the spike and get out 7 min top . Could be similar to AUD rate hold .
If it runs more than first 15 min candle could go back in risking half the profit you already made with smaller lot size .See where it goes .
...
So the Dollar tanked on Friday....apparently , allegedly . Or was it all a big play to give the shorts conformation and lull them into a false sense of security .Well the ratio of shorts is growing across the board ,the cheese is laid ....Here mousey mousey .
We are sitting at 60/40 shorts on most pairs .The Gold bugs must be 80/20 by now .
...
What goes up must come down (even just for a little respite ) . The markets have been soaring like eagles higher and higher on the winds of wishful thinking and flights of fancy .The time is now for a reality check . Alphabet Inc (GOOG) just posted earnings and came up short of those flights of fancy expectations . The strong but vurnerable markets reacted with a...
