Friday is usually my least favorite day to take on new setups, for obvious reasons, but beggars can’t be choosers and I’m glad that things are finally starting to come into sync across the board. Plenty of juicy setups today and I’m confident even Hoss won’t go hungry tonight!
We don’t have much to work with right now as my charting universe separates into two groups right now. The first one is on a burn (e.g. Euro pairs and various commodities) and the second is parked in sideways mode (e.g. precious metals and equities). Can’t squeeze blood from a stone, as they say…
What exactly did they mean when singing ‘if you’re not greedy you will go far’? Clearly Oompa Loompas are not trader material and should stick with chocolate manufacturing only. Which incidentally may be coming back to the United States if President-elect Donald Trump will have his way. Not sure if that’s a good thing however. If I had to choose between a famed Hershey’s bar and one by Milka made from rich Alpine Swiss milk then I’m sure you know what I’d be stuffing my face with. By the way, a word of advice: Oompa Loompas – hard working little guys – but be sure to be nice to them as they aim directly for you gonads when they [...]
And in other news one of the oldest democracies in the world just quietly passed away this morning after a democratic referendum was unceremoniously flushed down the toilet by a bunch of British bureaucrats. Which basically renders the European Union a giant roach motel: Yes, you can check in – but no matter what you do, you won’t be checking out. This whole train wreck gave me a great idea on how the Brits can solve their looming energy gap over the coming decade: Just hook up a big dynamo to Winston Churchill’s grave and you’ll be selling excess capacity to the rest of Europe in no time. Then again he is the one attributed to the aphorism that the best [...]