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Wednesday, March 3, 2021

THE TRADING DAY THAT ENDS IN “Y”

“That time you placed any faith in the FED to solve anything!”

What can you expect for any trading day that ends in “y”? … EASY PEEZEE:

“Stonks will be manipulated, the manipulators will control VIX via index futures,

retail specs will get slaughtered, not by markets that gap in gigantic quantities

up/down, but by paper cuts cuz the MT4 / MT5 indicators are being faded by the

usual suspects, the scumbag LP banks that call the FED their BFF … why should

today be any different? … for the last month, the NYSE session has been pure

shit, seeing nothing but tiny ranges inside the infamous “Flying Wedge of Death”

[FWD] that chops people to pieces … and with rates skyrocketing today, it’s the

“Plunge Protection Team” [PPT] to the rescue for the umpteenth million time to

make sure precious “Stonks” don’t go lower, and asshats like Bezos, Buffett, &

Gates don't suffer any portfolio losses … what an absolute criminal, money

laundering exercise for the global elites … meanwhile, on your knees Plebs, and

give thanks to the corrupt POLS who are gonna throw you a $1,400 bone in the

next few weeks … they get BILLIONS, you get $1,400 … what a fucking joke the

“U.S. of China” has become.


And of course, what will eventually happen, is what always happens when the

FED tries [and FAILS] to control volatility … we get 1 - 3 days of rip roaring ranges

to the downside, sometimes multiple thousands of index points in the

“Tulip Bulb 30”, as the pressure gets so great, they can’t even hold price steady

any longer, and traders get their faces ripped off … “crickets to lightning in a

bottle, then back again, insuring that if you got “whacked” Tony Soprano like, you

ain’t gonna make it back that soon if ever”! … you lose, banks win, & the usual

suspects get their “skim” under the table cuz they see nothing, hear nothing, &

know nothing … rinse, repeat, and it’s onto the next crisis of their direct making

… all could be avoided of course with normal, free markets, but Communist

regimes don’t like free markets, they demand rigged markets … and if you

somehow think the “U.S. of China” has “free” markets, you’re dumber than a box

of rocks.


All of which brings us everyday to the DOW30, and when VIX is suppressed like

it has been for the last 5 weeks running, ranges are tiny in the NYSE session,

mystery ticks & spikes from hell more numerous, and slippage on fills set on

“triple FUCK YOU” cuz they can, cuz they have to make up the shortfall

somewhere, and we’re it! … what we end up with are algorithm signals of dubious

quality cuz we know the ranges should be expanding somewhat … and we end up

with reward / risk ratios that literally suck, risking dollars for pennies, and if you

hang around this scenario long enough, a complacency sets in and then they got

you … cuz here comes volatility like lightning, hitting you before you even know

it was there … now what?


And this is what the last weeks / days have been like, and why I’m sitting on my

hands for at least a modicum of intraday volatility that gives us a high probability

of profit in the PAMM / MAM … and if we don’t get it, I’d be better off playing Keno

in Las Vegas … at least there I’d get a free beer for playing … and so here we are

today with rates going sharply higher once again, yet “Stonks” can’t break much

at all cuz of the manipulation, thus not allowing the “fear & greed” cycle to work

properly, and making trading conditions simply choppy & terrible.


No trades today in the TURNKEY PAMM / MAM … now you know why.


Over at PHEMEX, the air is out of the balloon in the alt-coins for now … volumes

have collapsed, conditions are thin, and price moves at the speed of light before

dying and doing nothing for hours on end … BTCUSD as choppy and treacherous

as I’ve ever seen it, but at least on the cash side I’m not paying “gas” for market

orders, and all trading fees are ZERO … trading today in BTCUSDT for

“The Syndicate”, where we’re UP ever so slightly … pennies, but it’s better than

losing … if I was on the MT4, more than likely trades would have been a loss

… you know, from the “fair & honest” scumbag LP’s.


… until tomorrow, I can’t take this shit another second today … “the future’s so

bright I need sunglasses”! 😎 … Onward & Upward!! 


-vegas





 

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