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Yesterday, Trump's performance on Iran issues was a textbook-level live broadcast of a TACO trade—worthy of the greatest K-line trader in history, ( self-portrait ).
21:33 Iran refuses to negotiate, claiming the U.S. is "deceiving for the third time"
22:39 Trump: We are destroying Iran
22:40 Trump: Iran is begging to reach an agreement, not me
22:47 Trump: Iran is negotiating because they have been defeated
23:49 Trump: Iran apologized to me and released 10 oil tankers
00:03 Trump: I’m not in a hurry at all, I want to strike more targets
04:12 Trump: Pause attacks on Iran’s energy facilities for 10 days
Then The Wall Street Journal revealed: Iran never actually requested a pause; it was Trump himself who said so.
Translate this: The decision to pause for 10 days seems more like Trump needing a step down unilaterally rather than Iran truly backing down.
The U.S. president is doing the work of a futures trader, and one with insider information. $ETH