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Monday, April 6, 2020

WHY SHOULD TODAY BE ANY DIFFERENT?

“How well do you know your market!?”

Apparently, the world doesn’t give a shit today … about anything … certainly
not FX, as it’s looking painfully clear nothing is gonna move any of the major
pairs today except manipulator banks front running corporate orders, clicking
off stops, and taking advantage of their knowledge of order flow … all things we
cannot see, just the way they like it … here early in the day, and I’d rather be
shoveling elephant shit at the circus than watching Cable … the great VIX
unwind is happening this week into next, and it is painful to sit and watch paint
dry.

I dunno, maybe something happens later, but for now the entire FX sphere is
dead … there is no “flow” to price, bid/offer quotes stay stuck for 15 - 30 seconds
at a stretch without moving, and you can almost hear the crickets chirping in the
background … is the whole week gonna be like this?

Spreads in the stock indices, for the most part, have come back to within normal
range, although there are a few indices that remain very high for no reason I can
see … why the AUD200 @ 4 index points, and the DAX30 @ 4 - 8+ index points
are where they are is just plain stupid … for example, @ CRYPTO ROCKET, the
DAX30 spread is @ 1.2 index points the entire day … why the big difference
between them and Turnkey? … are you gonna tell me that CRYPTO ROCKET LP’S
are giving money away? … more likely, another set of scumbag LP’s greed is
showing … as for U.S. indices, they’re higher than they should be, with the
DOW30 off in “Looney Tunes Land” and completely untradeable … the other 2
slightly higher, but it complicates trading them cuz of the higher cost PLUS
slippage, which is always the great unknown and where the scumbag LP’s have
the “slippage meter” set at … lately it hasn’t been kind to traders.

What can you say about a day in Cable that’s ± 25 - 30 PIPS from where it was 9+
hours ago … “Flying Wedge of Death” [FWD] much? … seriously FUBAR
… meanwhile “stock bellies” go nuts cuz “Everything Is F-ing Awesome, Baby!”
again, as the Ponzi departement a/k/a “The U.S Treasury” sells more worthless
fiat to finance everything under the sun … “great, call me in 2021 when the
inflation from this hits, and again in 2024 when every single penny of the
“by then” trillions they borrow will go towards interest on the national debt
… think the U.S. has a problem now, just wait”.

Meanwhile, over in cryptoland, both XRP & BTC putting in some of the most
beautiful algorithm buy signals you’ll ever see … “The Mrs.: why didn’t you tell
me before how easy this was”? … I know, I know, I figure I’ll let her discover it
for herself.

No trades in the TURNKEY PAMM / MAM today.

We’ve been to the tips of the FWD in Cable about 23 times today, with every buy
signal getting blown through like a blow torch through soft butter … can’t trade
crypto, cuz Turnkey doesn’t have crypto, in case you were wondering … some
days in this stuff, you literally can’t even … today is one of those days.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas


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