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Wednesday, October 3, 2018

SWEET MUSIC PLAYS ON THE DECK OF THE TITANIC

“Trusting markets to SkyNet since the start of 2015!”

File this under, “wow, this shit never happens”! … oh wait, an Italian 
Apparatchik now says Italy’s budget can fit inside E.U. rules … EURUSD 
skyrockets … “and another mistress fund gets funded instantly … who could 
have ever foreseen this”? And so, the orchestra plays on while the Titanic 
sinks, and of course EURUSD goes lower from this, proving my premise once 
again why this shit happens.

And trust me, this isn’t unique to EURUSD, or any of the other FX pairs that 
dot the landscape … in the last 2 days, we’ve seen some bullshit shenanigans in 
USDCAD as well, causing sell stops to get taken out in CADJPY in a blink of 
an eye, and then right back up 10 - 20 PIPS … nice work if you can get it. And 
this type of action very much worries me.

Which brings us to today, and the utter horseshit FX markets have become 
… again, if I had a nickel for every Apparatchik on the wires today, I’d walk 
away today up about 2K, no doubt about it. It was “dead meat” across the 
board up to the 10 AM release of the ISM numbers, which blew out on the 
upside, thus creating fears of higher interest rates from Spicoli at the FED. 
Meanwhile, the manipulations get worse … EURUSD, GBPUSD, & now 
USDCAD getting in on the action with mystery spikes from hell … WTF is 
next, locusts? 

COMMAND DECISION TIME

This past weekend, Cos [Chief of Staff] Milton Waddums finished work on the 
XAUUSD algorithm … which, with one major modification, is exactly the same 
as the “-vegas EURUSD Algorithm” … no difference really outside of that 
major modification. In addition to that, over the weekend in discussion with 
Turnkey, we got new server times, with new banks and dealers, that on the 
surface are doing a much better job of filling orders. Now, Turnkey for all of 
their faults, cuz remember no brokerage house is perfect [if I had one, it’d be 
perfect … but that’s another story for another day.], has by far the best 
XAUUSD [spot gold] market going anywhere on the globe … there isn’t 
anybody better IMHO … during the 7AM EST - 2:30 PM EST time frame, 
the spread is usually between 6 - 10 cents per OZ., and RT commission will be 
another approximately 2 cents per OZ. 

I’ve stated before that our “Uncle Milty” is a “gold bug” from way back, as am 
I [kinda], and I’ve been looking forward to his finishing the algorithm. Gold 
daily ranges have been expanding, and since Spicoli has headed up the FED 
from Grandma Yellen, and Trump has been President, the “Rally Protection 
Team” [RPT] has been for the most part absent from the gold marketplace, 
where they overtly suppressed the gold price through sell manipulations 
between 2012 - 2016. While they can of course always come back, I don’t see 
this happening.

For most of today, until 10 AM EST., FX was dead … I traded XAUUSD in 
my personal account … the algo worked to perfection, and on one trade 
liquidated a long position 2 cents off the bid high for the M1 … a better fill I 
could not have expected. Meanwhile, the haphazard nature of regular FX, 
with it’s “TNT & Crickets” bullshit, is an almost impossible task of getting 
good algo positions on … impossible in EURJPY, at the moment, and pretty 
“Hoover Dam” tough in CADJPY as well … “I need trades, and getting one 
signal a day in anything FX is bullshit”.

So, it’s command decision time … and that command decision is to drop all of 
currency FX and trade XAUUSD … in the PAMM & at C2 … starting 
tomorrow, all trades both on the advisory and in the PAMM will be only in 
gold, where expect about 80% of the time to be long. “And folks, while I don’t 
like to be “wishy washy” about markets, and go back & forth, I can say with 
confidence [cuz crude oil ain’t available to us to trade], I’m going to be staying 
in gold until hell freezes over … quote me on this”. Back to the future everybody 
… should have never left!

For those in the C2 advisory signal service, EMAIL ME FOR ANOTHER 
MONTH OF FREE SERVICE SIGNALS, and I’ll send you a coupon code that 
you can use when your due date is up sometime this month … it’s the only fair 
thing to do. I’ll be keeping the service at C2 named the same, cuz it’s really the 
same algo as EURUSD, with the major modification I mentioned before. There 
will be more signals per day, and much higher profits to be had … I look 
forward to it with great anticipation. I’ll be updating the website over the next 
few days to reflect the changes.

As for today’s trading, another totally frustrating day in currency FX 
… CADJPY a major disappointment with 2 signals, and while I’m not 
complaining about fills in CADJPY, the action in USDCAD a total piss poor 
nightmare, resulting in extremely choppy CADJPY action, with most of the day 
a total waste. And while gold can get choppy at times, it doesn’t stay that way 
for long … and with increased ranges, that makes it worth trading.

PAMM today down about $50, but I’m totally focused on implementing the 
gold algorithm starting tomorrow … time to move profits forward, and I 
think gold is the place to do it! “Currency FX, reminds me of the Titanic … it’s 
going down as the band plays on with not a worry in the world … at some point, 
everybody gets tired of being manipulated by the scumbag LP banks”.

I need to get the PAMM Spreadsheet updated, and after tomorrow’s gold 
trading, it’ll be up on the blog … “time to focus on our favorite yellow pet rock”
 … until tomorrow mi amigos … Onward & Upward!!

Have a great day 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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