forex

Buy The Dip – Next Week Rips Higher

Forex Kong 10 Comments

It’s been a real tricky one here folks. The pullback…..the volatility in general but….

For those of you with dry powder, the daily cycle has now most certainly confirmed a “new daily cycle” ( as of Wednesday ) so…..I’d be a buyer here this morning – seeing markets down pre-market could be a nice little opportunity.

Don’t let the jobs data phase you. It’s the same bullshit / phoney baloney U.S economic recovery we’ve been hearing about for what – years now? Don’t let the data get in your way – just buy stocks here “again” and keep a watchful eye on the highs.

american gorilla

                                                          american gorilla buys the dip

You Nitwits – Stop Trading – Sell USD And Hold

Forex Kong 9 Comments

Unreal…….you really are a bunch of nitwits ( short of those valued followers I love and hold dear to my heart – you know who you are! ).

Why can’t you just “sell and hold”? I know…I know….its so absolutely counter intuitive that you just can’t get your mind wrapped around it but seriously…..

The U.S Dollar is gonna tank “even further” than it already has as Bitcoin and Cryptos pound higher..and the EUR shoots for the moon.

Bloodbath in USD coming soon to a theatre near you.

Why you ask? How can this possibly make sense? Damn……how come you never asked about the endless printing of phony baloney “funny money” over the past 7 years? Does that make sense?

You can’t get away with that scale of “dilution” forever…..and with cryptos (crypto currencies such as Bitcoin and Etherium )  taking centre stage –  USD is being taken to the wood shed as  it well should be.

You doubt the validity of Cryptos? You think it’s a bubble? You think it’s a fad?

Tuck that head back into the sand.

Paper money is old school….bread will soon cost $100 a loaf.

Stay short / add short USD…..like I said – mid October….I start building the time machine – as my spacecraft is now complete.

 

 

 

 

Perspective – How Small You Really Are

Forex Kong 5 Comments

As I’m sure most of you know by now – I’m a space / astro biology / cosmology / physics buff.

Sometimes “looking at the big picture” is difficult for some, as we tend to get tied up with the “little things” in our daily lives, and particularly with trading. Every little squiggle holding such significance for some, but when put in perspective – really nothing more than a “small vibration” in the bigger picture.

Perhaps the following video will give you some perspective, where perspective is truly what’s needed.

https://youtu.be/UJXQZALNFrc

Pontificate This – SP 500 Negative For 2015

Forex Kong 15 Comments

Pon·tif·i·cate – To express one’s opinions in a way considered annoyingly pompous and dogmatic.

Nothing moves in a straight line forever, and anyone with an outwardly “bullish” standpoint has just seen their paper profits taken back to levels of mid November of 2014 – only in a matter of days.

Did you sell at the top? Ya……as I’ve suggested that “sideways” has been the markets direction for many months now – I guess you only need a couple of days like this to see things as they truly are.

Egomaniacs and emotional traders tied to the idea that “markets will do no wrong” now speechless as 4 months worth of “riding the bull train” sets them back to late 2014. Otta watch 4 months worth of paper profits go up in smoke in a matter of days.

Point being…….this market takes no prisoners as both bulls and bears have their day in the sun, with the advantage seen from either side being slight to non-existent for months now.

Don’t be a f%$kin baby. Don’t be a loud mouth either. Take your wins with humility and do us all a favor….

Feel free to take your losses in silence.