“The world of central bankers!”
Well, here we are! … look towards the sky in awe & wonderment, and wait for the
“fairy dust” to sprinkle down upon you, as central bankers have a “cure” for
everything from arthritis, to sagging risk markets … except as I said the other
day, “what if their bullshit doesn’t work”? … now what, cuz the gun ain’t got no
bullets left in it … and if you think the FED buying stocks, ETF’s, ETN’s, & mutual
funds to stem the tide will work, go ask “Peter Pan Kuroda” at the BOJ how that’s
workin’ out for them, cuz as it stands now, the BOJ owns over 80% OF ALL
ETF’S LISTED ON THE TOKYO STOCK MARKET.
Markets overnight stable until Europe opened, and then it was straight down
… gold catches a bid … and all that euphoria from yesterday in stocks? … gone
like a squirrel fart in the wind … and in case you didn’t know, this is what happens
in a “bear market” in stocks … the rallies are “rip your face off”, and make you
think there will never be another downtick, and it’s time to mortgage the kids and
get long cuz baby here we go! … only the next day and days after that, it’s back
down again, sometimes even harder … EXIT QUESTION: “what will current stock
indices traders do if the SP500 doesn’t move much for 10 years, but simply chops
around”? … EASY PEEZEE ANSWER: “it will be the reverse of the mid 1980’s to
the 2001 terror attack on the WTC towers, when gold couldn’t do shit to save its
life, and about 99% of all gold traders either switched markets or went broke”.
Today sees another almost $100 billion the FED stuffs into the “repo market”, in
what ZH describes as the biggest oversubscription for FED money since this
bullshit started in October 2019 … and if you’re keeping score at home, that
makes it about $300 billion in the last 3 days, AND an emergency 50 basis point
rate cut … AND IT’S NOT WORKING NOW IS IT? … “but, but … rally stocks,
pretty please”?
I don’t want to underestimate the severity of the COVID-19, but just for reference,
over 50,000 people a YEAR DIE OF THE FLU in the U.S., for varying reasons, and
I don’t see people even coming close to going bat shit crazy for that like now
… I don’t know who released it from its bio-weapons lab, and what the original
purpose was, but there’s ZERO doubt in my mind it was a bio-weapon … if you
think it came from bat soup, I bet you loved the Warren Commission Report from
JFK’s death … in any event, “never let a crisis go to waste”, and here’s the FED’s
opportunity to take rates negative, something 6 months ago I started telling
people that it would happen, cuz when you look at the math facts, only NIRP can
save the U.S. government from going totally broke!
Gold doing well today, and those having the “Trade For A Living!” e-book trading
algorithm, how much better could this thing possibly be? … and not just for gold,
but as I scanned markets late this morning, I see fantastic algorithm signals in
USDJPY, GBPUSD, DAX30, GBPAUD, AUDJPY, etc. … the e-book is only 12 pages
long in PDF, and it’s a “bare bones” approach to trading … I show you how
markets actually work, then give the parameters, then the algorithm, state the
algorithm rules for buying/selling and then liquidating, followed with some
examples … BINGO!, BANGO!, BOOM! It’s easy to understand, easier to
implement, and all you have to do is FOLLOW IT! … so, want a 6 digit dollar
income from trading? … open an account at any of the 3 offshore brokerage
houses through my affiliate link, deposit any amount of BTC you want [minimum
usually is 0.001 BTC, which is about $9], then email me to tell what you’ve done,
and I’ll send the PDF to you for FREE … or, send me $100, get ripped off
someplace else and pay more to trade, and I’ll send it to you … your choice
Skippy … check last weekend’s blog update for particulars on which markets are
best at which brokerage house.
I mentioned yesterday about “Turbo PRIMEXBT” , and today’s action in gold a
perfect illustration of the point I was driving home yesterday … as gold moves
higher, the last 5 days we’ve seen intervention of some kind almost every day
… so far today none, but who the hell knows when they’re coming in to “monkey
hammer” the shit out of it like last Friday, and if you think a sell stop is gonna
protect you, you’ll love my beachfront property in Kansas I got for sale … today
sees about 5 - 10 buy signals in gold from the trading algorithm … all of them
“winner winner, chicken dinner”, and if you had simply placed a 5 minute “bet”
[$1 - $90] at the time the algorithm signal was given to get long, every single one
of them was a winner … but my point yesterday was, let’s say you get long
XAUUSD instead, and “Peter Pan Kuroda” gets another hair up his ass and
decides to take gold down … granted, you don’t make what you could have in
spot, but at this point your risk is limited to your bet, and what you’re thinking
you’re risking by using a sell stop is delusional, cuz it’s 10X that at least … so
today, at any of the times you placed a bet for gold to go higher in 5m, even if he
had come in and dropped gold $50 in 5 - 7 minutes, all that’s happened is you
lost your bet … “ask the former gold traders from last week about risk in gold,
who are now taking Carl’s Jr. orders and then get back with me if you got any
questions”!
Also of note, it looks like FX is waking the fuck up from its historic, record
“VIX low” of the last 50 years … both EURUSD & USDJPY coming alive at least a
little bit, which is surely good news for FX traders, cuz it’s about “Hoover Dam”
time … really, any of the 3 brokerage houses I recommend [Turnkey, PRIMEXBT,
or CRYPTO ROCKET] have solid FX conditions & pairs to trade, with the notable
exception that CRYPTO ROCKET has the best GBPNZD conditions you’ll find
anywhere … other than that, as I mentioned above, PRIMEXBT especially if
you’re a smaller trader, has the very best FX conditions, along now with ‘TURBO
PRIMEXBT”, which has the binary options on EURUSD, USDJPY, GBPUSD,
EURJPY, XAUUSD, WTI CRUDE OIL, BITCOIN [BTCUSD], ETHEREUM [ETHUSD],
& NDX100 … more pairs will be added later.
All of the features of “TURBO PRIMEXBT” are live now, it’s simply a page on the
trading platform, and there’s both a demo & live account option for you to
choose … demo accounts are given 1 BTC to play with … simply sign up via my
link above and reap the benefits! … and for what it’s worth IMHO, BTC, USDJPY,
& XAUUSD head my favorites list for trading the binaries … like I said, use the
algorithm with the 5m and OMG!
A couple of algorithm trades in the FTSE100 today … TURNKEY PAMM / MAM UP
A LITTLE MORE THAN 0.1%.
There weren’t many buying opportunities today in the FTSE100, but 2 out of the 3
we took advantage of via the algorithm … I like this index over the others cuz it
doesn’t have the bullshit HFT’s jacking it all over the place … it’s moves are
smoother & more pure, if that makes sense, and the volume & liquidity of the
futures at ICE are decent … as I write, DOW30 down another 1,000 points from
the close yesterday … unless you’re willing to entertain 100+ point losers in your
trading, the DOW30 is untradeable in its present form … “and all the King’s
horses & all the King’s men, couldn’t put VIX back together again”, and you can
thank the faculty lounge Twits at the FED, who only give a shit about global
elitists, and have for 107 years now put their interests ahead of America.
I didn’t trade any gold today, cuz I don’t like the 1X10 reward / risk ratio, and while
it’s wonderful to be long as it’s moving up, it’s terror when the M1 turns red, cuz
at that moment you don’t have a clue how bad it can be … and the last 5 days
prove it can be pretty bad … it’s no joke, to see price go down anywhere from
$1 - $5+ in a second, and while it maybe took 20 minutes for it to rally $2, it took
2 M1’s to go down $5 … now what? … and this is what you face up here, cuz I’m
tellin’ you right now, the manipulators at HQ ain’t likin’ this one “Hoover Dam”
bit, and when they get the nod from their BFF’s the scumbag bullion banks that
buying is drying up, when it rolls over look the hell out … and remember, there
ain’t any rules in gold as Friday proved to many.
A Friday with the virus going viral across the U.S. … oh, could this be interesting
tomorrow … until then mi amigos … Onward & Upward!!
Have a great day everybody!
-vegas
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