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Trump neutralised Print
Written by Site admin   
Tuesday, 22 August 2017 12:27

Trump neutralisedtrumpautcue

No need now for the media’s Russiagate or framing Trump as a bigoted racist in the hope that that will be enough to have him impeached or declared incompetent. Trump’s Afghanistan speech (did he write those words – nah, he just had to read the autocue) was his defining capitulation. You read the full text here.

The powers behind the president’s throne have now got him where they want him - following their agenda. He just has to read the autocue. No longer will he be freewheeling, tweeting from the hip, blasting the establishment. He’s now one of them. The front man doing what good ole presidents do – what they are told to do.

The Washington machine has been following a reckless path in bringing him to heel. Had he fought to the end, it would have been not only been his demise, but also he would have taken the markets with him. An impeachment process may well have hit the stock market and dollar hard. Was that what the powers behind the throne wanted? Their own wealth at risk? This could now be business as usual with Trump rallying around his republican party to get things done that way it always used to. That ages old saying ‘If the mountain will not come to Mohammad, then Mohammed must go to the mountain’ comes to mind.

Time will tell, as they say. This simple analysis may not stop the market tanking as almost every commentator/guru/fund manager tells us it will. Markets have a habit of confounding those talking heads and they so often just do the opposite of what the majority are telling us they are going to do.

 

From the blog

It's not Rocket Science

  Just some detective work as a discretionary trader. It's not slavishly following a 'cast in stone' algorithmic style, the type of system that only considers a never changing set of criteria that is much better traded by a computer than a human.

Detective work takes a look at the chart to find those clues that just might build a case to put on a trade.

One of our recent Traders Class trades was the New Zealand vs Japanese Yen. The evidence started with a classical charting pattern, a Double Top.

Read more...

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