“World chocolate supply in danger!”
It’s never easy seeing people come unglued, over something you’ve told them a
thousand times in the last year or so would inevitably come about one way or
another … what can’t be sustained, won’t be, regardless the “Black Swan” event
that is the catalyst … what’s happening now is simply a flu pandemic … yes,
probably more deadly than normal, but there really is no way to tell, cuz world
governments are nothing more than propaganda machines when it comes to the
truth .. sorry to say, but it’s true … “never let a crisis go to waste” is the mantra of
government, and in ways we can’t see yet, this one will be no different … how
about, “we need to get rid of cash, cuz it carries germs & viruses … you know,
for the children and all that shit … and everything can be digital”! … right, no loss
of privacy or anonymity there at all, cuz as we all know cash is used by criminals,
and who wants crime? … strawmen, strawmen everywhere!
I’ve separated the “VIX MATRIX TABLE” into 3 table sections; 1) for stock indices,
2) for stocks, crypto, and crude oil, and 3) one for FX. In the process, in the FX
table, I’ve added USDJPY, AUDUSD, & AUDJPY to the list. There’s a shipload of
information in these tables, and directly below each table will proceed its section
of 20 Day Range MA charts … this makes it easy for anyone to quickly find which
market(s) they are interested in and go to them, while at the same time not
wasting time on market(s) where they have no interest.
Directly below, the “FX VIX MATRIX TABLE” for the current week, followed by FX
groupings & charts.
click on ANY table or chart to enlarge
FX
GBPUSD, EURGBP, & USDJPY
I’ve added USDJPY to the GBPUSD & EURGBP chart … as you can see, VIX is
rising sharply, but unlike stock indices & gold, VIX here can be sustained at
slightly higher levels … although I have no way of knowing with certainty, it
wouldn’t surprise me to see all 3 of these rise another 50+ PIPS in the weeks
ahead … we’ve been in an historic LOW in terms of VIIX for the last few years,
and going back 10 - 15 years to before the 2008 financial crisis, Cable enjoyed
200 PIP ranges for quite awhile … so, there is scope for further volatility.
GBPAUD, GBPCAD, & GBPCHF
Increases in VIX raises all boats, and you can expect these crosses to lead in
the VIX & IVIX ramps higher … I would caution, though, that along with hefty
rises in VIX, comes wider bid/offer spreads, AND slippage in fills … crosses are
great when conditions are normal and you want slightly higher VIX, but when
things go bat shit crazy, you have to ask yourself if crosses are the right way to
trade … the VIX you wanted before, is now available in the major dollar pairs,
usually without major spread increases, and the slippage on fills about the same
as before, maybe a little worse for wear, but certainly better than the crosses
… I’m not saying don’t trade them, I’m saying weigh the “pros & cons” before
you do and then make a decision.
AUDUSD, AUDJPY, GBPNZD
Please note, that the GBPNZD is intraday, from 12:00 - 20:00 server time, and I’ve
included it, to give people a view of what the 8 hour stretch in the busiest time of
day looks like, in a pair that has always ha the reputation of being fucking crazy.
AUDUSD is a “commodity” currency, and is heavily influenced by China, and
what China needs economically in terms of mining & minerals … how China
goes economically, is how the Aussie currency goes … AUDJPY is the “classic”
“risk on / risk off” FX pair, and I’ve included it in the table cuz it accurately
reflects the “fear & greed” cycle perhaps better than any other FX pair, besides
maybe EURCHF, but we all know what that pair brings in terms of manipulation
by the Swiss, and what happened in January 2015 … and it doesn’t have the
range AUDJPY has.
XAUUSD
I literally can’t even, when it comes to the trading in gold these last couple of
weeks … as is highlighted by an article today over on ZH, the link directly below,
the complete “disconnect” between the premiums seen in the PHYSICAL GOLD
MARKET, and the bullshit seen in the “PAPER FUTURES MARKET” have never
been greater. There are shortages of physical gold everywhere, yet that didn’t
stop the manipulators from taking gold on a wild ride lower, now did it? … how
do you reconcile this phenomena?
XAGUSD
Directly below, the “STOCK INDICES VIX MATRIX TABLE” for the current week,
followed by groups of indices.
Take a good look at these table values, cuz if they stay up here and shit doesn’t
settle down some, the entire system goes “TILT” … these markets simply cannot
maintain these stratospheric values going forward.
STOCK INDICES
DOW30
Seriously messed up, right along with all the other charts below … and with
“messed up”, comes unmanageable bid/offer spreads AND slippage … you could
be up 40 index points on a trade, go to liquidate, and get a fill for a 40 point loss
… trade these at your peril, cuz you’ll get no favors from the scumbag LP banks.
SP500
DAX30 & NDX100
AUD200, CAC40, & FTSE100
Amazingly, these 3 offer the best value right now given the values in the MATRIX
TABLE, although trading conditions in all 3 are seriously compromised, just like
the others.
IBEX35 & ESTOXX50
HANG SENG 50 & NIKKEI 225
Taken together as an entire group, the stock indices right now are a complete
mess, and who knows if ever they come back like before … volumes & liquidity
are going to be major issues going forward in this space.
The “STOCKS, CRYPTO, & CRUDE OIL VIX MATRIX TABLE” can be seen over on
the sister blog at www.traderzoocrude.blogspot.com if you’re interested.
If you study the VIX MATRIX TABLES, you’ll see that FX is the bright spot
currently, and that all the metrics are in our favor … great ranges, decent spread
conditions for the most part in the dollar majors, no real problems with slippage
that I have seen, although there have been some minor “air pockets” on stops,
but overall given what’s happening in the total destruction of the trading market
in gold and the stock indices, it’s “back to the future” for FX.
Although the TURNKEY PAMM / MAM has been profitable, I’m gonna wait
another week for the results chart to begin posting on Sunday blog updates
… simply a function of more data points [days P/L] for the chart … onto the week
at hand, and if it’s anything 10% of last week, markets will be flying! … quite
frankly, I’ve never seen anything like last week … EVER … the panic was
palpable … let’s go, bring it on! … until tomorrow mi amigos
… Onward & Upward!!
Have a great rest of your weekend everybody!
-vegas
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