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Tuesday, July 7, 2020

FOMO PANIC EVERYWHERE

“Yes, and they call themselves “Liquidity Providers” & should be in prison!”

So let me get this straight … the fucking ChiComs now call world financial market
shots? … last night sees 4 news rags promote stocks in China, Mrs. Watanabe &
Gal Pals go orgasmic for stocks, and before the China open markets everywhere
are in a FOMO panic up, including the DAX30 … and from that open, it’s “Thelma
& Louise” but of course as world news headlines continue to get worse, worser,
and worser-er-er.

The DAX30 today an absolute train wreck of a market, run by scumbag bank LP’s
that ought to be in prison … nowhere more so than Turnkey, which chooses to use
the world’s worst banks & other assorted malcontent criminals as LP’s … of
course, you’ll never ever get an answer, but I’d like to know if they split the
“thieving & stealing” the LP’s do with client accounts … they “say” they don’t,
but I don’t believe them for one second, simply cuz they never do anything about
it.

Sure, there’s plenty of decent IVIX in the DAX30 … the history of this index is one
of being a “trading” index, with some wicked ups/downs littered all over the place
… but that has shifted into a gear that is purely criminal, separate & distinct from
historical pattern … the stop hunt runs and subsequent gap price moves a literal
price disaster, both up & down, as EVERYTHNG is a “V” shape top or bottom and
then it literally screams the other way ... and that bottom down around 12512
[early Europe session so far], a complete bank run stop hunt SCAM … whoever it
was that got royally fucked on that bullshit, should file lawsuits everywhere
against these scumbag criminal banks … and don’t look for this to stop, cuz the
POLS, Apparatchiks, regulators, and brokerage house “head pooh bahs”, littered
around the world get their “cut” as sure as the sun comes up in the East.

One of the reasons I like the DAX30 is cuz of its “trading nature” versus the other
“drink the KoolAid” QE bullshit indices … but since I’ve turned my attention to
this index, intraday ranges have collapsed into a “shitshow circus” … today no
exception, with a European Range well in excess of 50% LOWER of its 20 Day
Range MA … and what this means, is that you get “move A”, but never get move
B or C … instead, it turns on a fucking dime and SCREAMS the other direction
… the problem this causes for the algorithm is more than I want, but whaddaya
gonna do? … it causes the scumbag LP banks to make fills & slippage a
nightmare, cuz these assholes have never seen an order they didn't want to rip
to shreds and profit from at your expense.

Multiple algorithm trades today … TURNKEY PAMM / MAM “UNCH-ED”.

One trade I did today, pretty much sums up the criminal element I have to deal
with … ripped 11 index points getting into a long position on a buy signal
… “that’s right, 11 FUCKING INDEX POINTS, then upon liquidating got another
2 ½ added for insult on a market going straight the fuck up, for a total of 13 ½
index points” … and while I don’t want to dwell on slippage, this will give you
an idea what trading conditions are like when ranges are “thin”, and scumbag
bank LP’s can do whatever the hell they please … no bigger set of crooks and
thieves exist that can match these assholes day in & day out … and no bigger
group of crooks than at Turnkey.

To finish the day “Unch-ed” is a testament to the trading algorithm, cuz inside
this bag of shit day of spikes from hell [third day in a row], it did a very good job
of keeping my ass out of trouble … quite frankly, given the circumstances, I’ll
take “Unch-ed” and come back tomorrow, cuz once Europe closes everything
possible under the sun gets worse in the DAX30 once the criminal element of
Wall Street is by themselves … bid/offer quotes completely phantom in scope,
& slippage a horrible nightmare … all you do is end up handing them money.

… until tomorrow … Onward & Upward!!

-vegas



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