How can something THIS SIMPLE, laid out in detail beforehand, be fucked up
this badly, by a group of self anointed “experts”, who assure us every single
day they can solve the “crisis” they themselves created? … unless of course,
they WANTED it FUBAR … EXIT QUESTION: “Is Biden really this stupid, OR do
his behind-the-scene handlers have ulterior motives”? … yes, he IS THAT
STUPID! … and/or is this a case of burning down the largest factory in your town,
so as to distract police & other responders, while the real crooks rob the bank
while nobody is looking or paying attention? … behind the scenes of horrific
bungling, what is government up to that needs to be paid for by human lives &
suffering? … what’s next on the list of potential “Black Swan” events coming
our way?
Well, complete medical tyranny is high on the list … as I said when this Doofus
stole the election months ago, if you iive in Taiwan I’d be GTFO “el mucho quicko”
cuz I know Communists when I see ‘em … or maybe it’s Preezy Idiot Boy’s
“swan song” to hand over power to a wretched socialist / communist
“Manchurian Candidate” VP who will oversee a complete transformation of the
U.S. to authoritarian rule … rapidly … can’t have distractions like Afghanistan
around when you’re attempting to subjugate and control Sheeple in the U.S.
And all of this IMHO, has got “markets” [cough, bullshit, cough] rattled, and it’s
another feather on the back of the camel that’s struggling to stand upright and
walk … how many more before society as you know it completely disintegrates?
Well, that didn’t take long … a few brief days and the world melts, so what?
… the Chipmunks are getting ready to be fed at the NYSE open again, and the
scumbag banks who can read order flow of institutions ready to buy at the open,
goes into full gear … cuz everything is just so F-ing Awesome, I don’t know where
to start … how badly will they get screwed today? … “new ATH’s in the “Spoos”
by the close? … wouldn’t surprise me at all”! … and there goes gold down the rat
hole, where all I can say is, “can we get some actual trading action that doesn’t
involve scumbag bullion dealer / bank LP “scumbaggery” or what”? … this entire
opening of cash markets simply a gigantic SCAM, run by the banks for the banks,
and of course the POLS, Apparatchiks, & regulators “skim” … cuz without the
“skim” being paid, nothing would ever get done or be allowed, and you know it
as well as I do.
London Fix came and went, nothing here but yawns … Cable with an embarrassing
44 PIP range, and EURUSD in the 20’s, and quite frankly all you can do is LOL,
otherwise you’d be crying what a total shitbox FX has turned into this August
… the world literally on fire, and nobody cares … gold can’t do shit, sitting inside
the 5 day bucket of shit range it’s had all frickin’ week … can’t bust 77 and can’t
rally past 93 … ho hum, just bullion banks grinding specs up for dinner is all
… and then there’s the “Spoos” and today is OPEX, and what we saw at the NYSE
is purely criminal, but we see that almost everyday, and since anybody who is
anybody gets their “cut” to look the other way … “Look over there, a squirrel!”
… why should it surprise anybody that once the cash market opens there’s
nothing here? … “it’s afternoon in New York, and once they got done feeding
the Chipmunks, this shit hasn’t moved 5 index points … oh yea, some market
this is.
Crypto somewhat better, but anything that moves at Turnkey sees the spread get
blown to shit, so what does it matter? … Cardano [ADAUSD] up over 20%+ today
in the alt-coins … slow day again in DOGECoin [DOGEUSD] but still not that bad
… I realize it’s August and everything, but c’mon, can’t something move
“normally”, without the “speed of light … crickets” phenomenon playing out
every frickin’ day? … apparently not.
I came into today looking to trade the DAX30 ... that ain't gonna happen cuz
Turnkey's LP's in the DAX30 must be the same ones that do crypto or the
NDX100 ... in other words, it's bullshit, and I can tell by watching the quote box
where a halfway decent spread is interspersed with mystery uptick offers, and
mystery downtick bids ... all you gotta do is watch a spread for about 5 minutes,
and if you're looking to make any trade, take the highest spread you see and
that’s gonna be your spread when you trade … GUARANTEED! … everything
else is fluff and bullshit and phantom quotes … OK, so after doing that, there’s
no way I’m paying 2.2 - 2.5 index points to trade, and that’s before any slippage!
… even with no slippage, that amounts to 5X OVER the futures … trading the
“Spoos”, it’s more like 0.05 - 0.15 over the futures, so why pay more for nothing?
… adios DAX30.
Gold won’t trade and the “Spoos” either are getting monkey hammered or they
crawl higher with almost no corrective activity … sure, nice range today, too
bad it doesn’t matter cuz it’s 100% directional flows that turn on a dime and then
it’s hours the other way … WTF is the trading? … you look at the trading action
before the NYSE opens and it’s an entirely different animal, thn what it looks like
after the criminals get ahold of it … it’s like there’s 2 drastically different markets!
… I dunno, maybe cuz it’s OPEX day, so we’’ll see on Monday … on my radar
screen for trades are Cable, “Spoos”, and our pet yellow rocks called gold
… with Jackson Hole upon us next week, maybe something interesting happens
that makes for some trading … then again maybe not … only 11 more days in this
wretched frickin’ month!
Readers might notice I’ve taken BINANCE off of my preferred trading houses and
taken the link off the website … that’s cuz BINANCE caved to the “U.S. of China”,
and now requires all traders to do KYC … adios BINANCE, now watch as your
business disappears.
Mid afternoon now, and I’m throwing in the towel on this shit … true to form, when
any market goes straight [up/down doesn’t matter], when the correction comes
and you get corrective trading activity, you don’t want it now cuz it’s over … the
chance for corrective activity to enter is gone cuz it never corrected in its straight
line move … so why should today be any different? … cuz now the “Spoos” are
coming off of this multi hour run straight up and moving lower now off the top
… well, goody goody, it won’t matter cuz there’s nothing left to go up for … all the
buy fuel has been spent! … can’t get that 6 - 10 index point correction before
… but it’s here now! … yea well, too frickin’ late, cuz the probability it goes back
and extends the range higher is small … very small … sure, it could happen,
especially with OPEX today, but even so your odds stink now for a long position
with 90 minutes and counting down to the close … meanwhile, gold with a less
than $7 range over the last 10 hours, doing Mr. Slim Pickens … absolutely terrible.
No trades today in the TURNKEY PAMM.
I kept waiting for the DAX30 spread today to “come in” and be reasonable … it
didn’t … that blew the European session to hell, and since the NYSE opened, the
“Spoos” haven’t gone 12 index points … gold & Cable refusing to do ANYTHING
BUT CHOP in ranges that are simply pathetic to watch … what is it I’m supposed
to do with this pile of shit in these conditions? … EASY PEEZEE: sit, wait, keep
powder dry.
Over in crypto, some trading today in DOGEUSD and “The Syndicate is UP
FRACTIONALLY. While some others moved, most notably ADA [Cardano],
DOGECoin put in a normal day, but there were no fireworks to speak of, just
crawling really … oh well, onto tomorrow.
Blog update on Sunday … outta here … “the future looks so bright, I need
sunglasses”! 😎 … Onward & Upward!!
-vegas
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