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Tuesday, April 14, 2020

THE GOVERNMENT IS NOT YOUR MOTHER

“Or, when I hear anything from Government!”

They lied to me about the JFK assassination … they lied to me about the Vietnam
war … they lied to me about CIA & NSA spying on Americans … in fact, they’ve
lied to all of us about pretty much “Hoover Dam” everything, but now I’m
supposed to believe them about the CHICOM KUNG FU WUHAN FLU? … inside
EVERY government Apparatchik is Joe Stalin waiting for his/her chance to be
“supreme leader” and have total control over my life … if it weren’t for the fact
that it’s frighteningly pathetic, it would be laughable … “please government
Mommy, tell me what to do next”?

And in case you haven’t figured it out yet, life as you knew it has changed for the
worse going forward … “Never let a crisis go to waste!” is the official mantra of
government, and this won’t be an exception … along with more losses of
personal freedoms, for the children of course, next will be your money & wealth.

Turning to markets, if you can call them that, cuz I’m not sure anymore … “stock
bellies” & gold completely untradeable, unless you like handing money over to
shit weasel, scumbag LP banks, and I’m not talking “pennies” here … think about
this for a sec … to trade a “1 lot” in XAUUSD, which is 100 Oz., they want a spread
of somewhere between $1.50 - $5.00, depending on how fucking greedy they feel
… that’s $150 - $500 per 1 lot you’re down, and it hasn;t even moved anywhere,
and no matter where it goes do you think they’re gonna give you a fair price when
liquidating? … “sure, GTFO with that”! … almost as bad in “stock bellies”, where
calling it a “market” is a complete insult to the word “market” … it’s nothing more
than a money laundering Ponzi scheme for the global elite, and the slippage in
there a complete nightmare as well … quite frankly, screw ‘em.

Which brings me to FX, Cable specifically and the fact this market has become a
pure nightmare to trade … 1) widened spreads, 2)) “slippage meter” set on “what
won’t get us indicted if we fill it here”, and 3) mystery ticks & spikes from hell
both up/down … but what really frosts my cupcake, is the fact that algorithm
signals are getting “run” by the usual suspects more than 50%+ of the time,
leaving gaps in price at the blink of an eye, and if you click the button you’re not
gonna like what you see next … in other words, typical scumbag LP bullshit
we’ve seen before in Cable that decimates profitable trading … add to that the
price sits for hours on end not doing Mr. Jack Squat, and then in less time than
it takes you to say to yourself, “WTF was that?”, it’s taken 1 - 3 hours of price
action out up/down in seconds … rinse repeat, thanks and come again … of
course, once Europe closes around Noon EST, fugetaboutit, cuz what’s left is a
pile of shit, thank you very much NY criminal banks … add it all up, and this is a
seriously fucked up market.

Only one algorithm signal trade today in Cable , that didn’t get “run” when the
signal was given … TURNKEY PAMM / MAM UP SLIGHTLY MORE THAN 0.1%

Quite frankly, I’m not at all happy with 1) the trading action of Cable which stinks,
2) scumbag LP bank behavior via “triple fuck you” slippage on fills, and 3) the
mystery stop hunts out of nowhere that can kill performance if you’re on the
wrong side of the dealers when they go for it … “screw ‘em”.

Over the Easter Holiday period, I spent quite a lot of time comparing EURUSD vs.
GBPUSD algorithm performance via signals … a slight edge to Cable, but when
you consider what we’re up against in terms of trading logistics, it makes no
sense to trade Cable cuz EURUSD is much deeper in terms of liquidity [when it’s
there], and more importantly there are many more trading signals without
disruption … so, after today’s clusterfark watching Cable trade like a basket of
retarded kittens on meth, tomorrow I’ll be back in EURUSD … it should give us
better performance, and bottom line is that’s all that matters.

Just another day where Asia trades well, Europe trades well, and the U.S. session
is a complete bucket of shit, until it explodes all over the place on a buy side stop
hunt that is immediately torpedoed by dealers … seriously, if you can all help it,
do not trade FX in the New York afternoons after Europe closes, cuz all you’re
gonna get is heartburn … it’s about 1 PM EST as I write this, and for the last 5 ½
hours FX has been nothing short of a “Flying Wedge of Death” [FWD] clusterfark
inside terribly small ranges … nothing but the criminal element front running
corporate orders, & some light stop hunts, but nothing of substance for any
kind of move, until they blow the shit out of it on an afternoon stop hunt.

I’m outta here … until tomorrow mi amigos … Onward & Upward!! 

Have a great day everybody!

-vegas




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