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Friday, June 22, 2018

TRADING REALITY NOT WHAT YOU THINK

“Free will in your trading? … Look closely, you won’t like what you discover!”

A somewhat shorter blog post today, and also a little early, on what has been 
one of the “weirdest” days I can remember in the DAX30 in a very long time 
… I’ll end the suspense right now … there were no trades today in the PAMM, 
due to an algorithm “special rule” that kicked in with yesterday’s bloodbath, 
that specifically pertains to today’s trading action … what that rule is, how to 
use it and under what conditions, you’ll learn Sunday night with the release of 
the “Force Volatility Algorithm”.

You have to go back a long way in the historical data to see a day like today, 
after yesterday’s performance … however, unless certain conditions are met, 
which weren’t until minutes before the European close, action will only hurt 
you, whether long or short … and one look at an M5 candlestick chart from 
today since the open [06:00 server time; 2 A.M. EST.] to the European close 
[16:00 server time; Noon EST.], and you’ll see the infamous  
“Flying Wedge of Death” [FWD] rear its ugly head, and both destroy longs and 
shorts in quick fashion. Directly below, the FWD of today’s action, where 
multiple highs and multiple lows, locked in a very tight range, serve to skewer 
anybody with a position.


That’s not to say there aren’t any buy/sell signals that can’t be good … many 
are, but it’s not a question of profit, it’s a question of “risk” … and the math 
research says and tells you certain things, which if you ignore the warning, it’s 
not a question of “if”, it’s only a question of “when” … under the algorithm’s 
“Special Rule” scenario, if you make a trade, your “risk profile” goes way up
while algorithm conditions are NOT met, meaning quite simply you are going 
to experience sharp moves [up/down, who knows] that are basically a  
“coin flip”, and I’m not trading “coin flips” … problem is of course, once you 
get hit with something like that, it’s very difficult if not impossible to make it 
back in a tight range.
 
For those of you who trade your own accounts, once you clearly understand 
the algorithm manual, it’s gonna “blow your mind”, it’s soooo damn good. And 
once you get it, the “lightbub” upstairs goes on, and there’s no stopping you 
“yes, I’m supremely confident you’re gonna love it, and it’s backed up with 
solid math from almost 20 years of tick data … you’re not gonna need anything 
else ever again to consistently make profitable trades, nor would you want to”! 
I’ve dissected this “puppy” six ways to Sunday, running the data multiple 
times, analyzing specific risk scenarios and risk profiles, and looking at more 
examples of the data more times than a normal 13 year old boy looks at a 
Playboy … and bottom line is, “if you can’t make money with this, there’s no 
hope for you in terms of finding any trading method that’s gonna do the trick via 
short term trading”. 

Now, out of the 5 markets I’m following now, that meet the math research 
requirements, currently only the DAX30 & the NDX100 “fit the bill” and can 
be traded on the MT4 via Turnkey … XAUUSD [spot gold] needs to see its 20 
Day Range SMA OVER $16.00 per Oz., before you want to trade it with the 
algorithm … right now, after this week, it’ll be lucky to be over $9.00 per Oz., 
given the pathetic action seen this week. Crude oil, both Brent & WTI, are 
beset with scumbag LP bank greed, and the wild and random settings of the 
spreads by these assclowns in their CFD’s, make trading this via Turnkey a 
complete joke … not that any other place is better, trust me it isn’t, cuz I’m 
pretty sure as bad as it is at Turnkey, it’s “worse, worse-er, and worser-er-er” 
at practically every other house on the planet. And I’ve talked to them and 
emailed them, and they tell you one thing to your face, and then turn around 
and screw you 2 seconds after you leave … so, “intercourse thineself”! And up 
and until something changes in the CFD space regarding the oil complex, and 
somebody comes in and makes an honest market in the future, nothing's gonna 
change and all that happens is that they completely screw customers. So, for 
those that want to trade oil, you have to go to the futures market … right now, 
the e-mini crude contract at NYMEX [CME] is set at 500 barrels per 1 lot, and 
the margin is approximately $1,300 per contract, and the market trades with 
2 ½ cent spread. The full contract is for 1,000 barrels per 1 lot, and the spread 
there is 1 penny pretty much all day. Brent is trade on ICE, and the specs are 
the same. “I like oil, but the scumbag LP banks are killing the CFD market, and 
making it untradeable with ridiculous spreads, high vig, and add to that 
commissions … trading the CFD market simply makes no sense when compared 
to the other 3 markets … granted, gold is sick right now in terms of range, but at 
least you’re not getting gouged”.

So, the algorithm will be released Sunday night … my main focus in the 
manual will be the DAX30, and I’ll use this market for examples … the 
setups, charts, and how all 5 markets trade, are basically the same … all that’s 
different are the parameter settings, and of course I’ll provide those settings in 
a different chapter.

Let me just say, the algorithm strips away the actual and/or potential 
manipulation attached to either of our followed markets. The algorithm lets us 
be the “casino”, NOT the customer, and when we trade, we do it with full 
knowledge it’s gonna be profitable well over 95+% of the time … it works great 
in up markets, down markets, dead markets … the only thing to stop us are 
small “doji” days where there is no range at all [usually meaning less than 70 
index points] … other than that, it’s clear sailing! Quite frankly, and I’m saying 
this with all the humility and respect for the market as an unpredictable beast 
as I can muster, I’m gonna be disappointed if I have a losing trading day going 
forward! … most likely, if/when that happens, it’ll be my fault cuz I screwed up 
somewhere. My point here is not to suggest the algo is the “Holy Grail” of 
trading, cuz it’s not … losing trades at some point are inevitable … but if you 
follow the rules and procedures I set forth in the manual, a string of losing 
trades on a normal, volatile day with a range in excess of 120 points, that 
would see me down for the day? … I think I will have had to screw up 
somehow, either not following the rules or some other “stupid shit” that’s been 
known to happen. 

And really, that’s my point; “this algorithm is powerful, and once you read 
through the manual and understand it, your gonna sit there and marvel at the 
fact you didn’t think of it first … it’s been in front of your face the whole time! 
It’s simple, but not easy … cuz all the trades you make when you are losing 
money feel so comfortable, these trades won’t feel like that, simply cuz you’re not 
used to making them … but train yourself through discipline and patience, on a 
demo if you have to, and teach yourself the correct trades to make at the correct 
time, and I can assure you that if you make the trade when you’re supposed to, 
the money will follow”.

I’ve decided to post the updated PAMM Spreadsheet Sunday night with the 
algorithm … this gives me a little more time for some writing, and right now I 
need all the time I can get to get it done. And with that, I’m outta here … until 
Sunday night mi amigos … “the future’s so bright I need sunglasses”!  
… Onward & Upward!!

Have a great weekend everybody!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM MONEY PROGRAM” IN
“DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN
FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND
START YOUR JOURNEY FROM WHERE YOU ARE AT TO
“ESCAPE TO SUCCESS”!













 




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