Not much of anything has changed from Friday to Today.
We are still holding firm waiting for that CCI to get past +100.
As we wait, we find ourselves staring down on an unprecedented strike on the part of the BIG 3 Auto Makers.
Demands are high. and I have to say, not all of their demands give the appearance of being unreasonable.
Abolishing the Two Tier System and a 40% pay increase. There is the Shock and Awe effects from those demands. On one hand if you take them for literal face value. it could be considered a shock to the economy... Suddenly 150,000 people can all now afford big screen TV's for x-mas if their demands are met.
BUT, and it's a big...but... If you look at this as a proverbial demand, say for instance, it's intended as a huge wakeup call for big corps to get their act together and start to make fair wages viable for the work that todays environment demands, it could lead to an interesting fall season.
A good wage for a days work.
How will this affect the USD? One of the factors will come down to how long is everyone out of work, and how hard does the trickledown of this strike disturb the economic numbers? namely unemployment.
A lot can happen overnight.
AND.....
We would like to introduce a new segment of our Little Forex Affair Blog to the community:
We call it, "Random Song Of The Day".
Yep, every single day we go about our business without stopping to smell the roses. And one of those roses consists of the soundtrack of our lives that we experience. Imagine how dull and unpolished life would be if there was not someone adding music to the mundane.
I proudly introduce #1
I F**k Around by Melvins https://www.shazam.com/track/
Stay close for our first trade of the week.
When we do take this trade, it will be on our Primary Account... You know, the one with the slightly better pricing.
Until Then!
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