There it is right in front of you … pics & video of pure hell wrought by
incompetence, hubris, stupidity, and political correctness on steroids that got
people killed for no reason, and Preezy Idiot Boy proclaiming great success that
the world has never, ever seen … delusional much? … the only thing more surreal
than one of his pressers, is the one he did before the last one and lied through his
teeth … oh wait, I forgot, his handlers think you’re too stupid to notice!
“OK Mr. Market, it’s September now … come out, come out wherever you are”!
… and once again, it’s hard to put into words how pathetic FX is, with literally
ZERO movement overnight … ADP numbers [private jobs] on tap at 8:15 AM EST
[New York], so maybe it’s “hurry up & wait” ‘till then … I dunno, we’ll see … word
coming out of the OPEC+ clown show sees nothing new so far, so oil is quiet.
Major sigma miss on the ADP, and the other econ data mixed … and from that,
you get the microsecond explosion higher by about 20 PIPS in Cable, followed by
the slow crawl of the fat kid climbing a steep hill … “somebody tell me FFS,
where’s the “Hoover Dam” trading? … cuz all I see is tiny m1’s and something
more akin to wheat spreads … WTF is this”? … EASY PEEZEE: “this is what
happens when there’s no spec flow … there isn’t anybody trading this shit
… they’ve all left! … and what you’re left with is scumbag banks and institutional
order flow, much like what you see in “Stock Bellies”, and the results of that are
1) tiny range m1’s, 2) straight up/down moves, and 3) no decent range cuz there
is no spec flow … meanwhile over in crude oil, Turnkey’s LP had decided it has
to offer us a 6 cent spread … “are your “big girl panties” all wadded up”? … what
a fucking joke … and then on the bigger draw in crude stocks, just cuz they can,
the spread jumps out to 12 cents cuz they’re fucking thieves … simple as that,
sorry I can’t sugarcoat it … always and forever looking for ways to gouge
accounts any way they can.
So, summarizing the bullshit in Cable today … a 20 PIP range before ADP
… ADP is released, and a microsecond later Cable is 20 higher on the sigma
miss in private payrolls … and then the rest of the day a 20 PIP range of pure
scumbag bank bullshit, inside a tiny “Flying Wedge of Death” [FWD], where it
can’t break or rally except for few PIPS before the dreaded spikes from hell take
it the other way quickly … and there’s your day! … as I said, this is what happens
when ANY MARKET HAS NO SPECS TRADING IT! … and then there’s oil, which
of course ain’t gonna happen with an outrageous spread of 6 cents the entire
day … almost into the New York afternoon and oil hasn’t moved 30 - 35 cents
for an hour+, & these scumbag thieves still want a 6 cent spread … “hope you
assclowns enjoy all that trading revenue from ZERO TRADES”! … this is so
frickin’ pathetic.
I was here ready to trade … too bad nobody cares in FX, and for all intents &
purposes, Turnkey’s crude oil LP basically said, “yea, fuck it … we don’t really
want to make any kind of market, but if you want to hand us money, we can do
that” … gee, thanks! … OH, HOW NICE OF YOU! … now, as the day winds down,
here comes the Turnkey LP offering a spread in crude of 2 cents, just like that
… Amazing isn’t it, I guess one of the managing partners at the LP took a look
at the revenue run for the day, and his head probably exploded all over computer
screens! … OK, better late than never I suppose, but WTF is it of any use now
today? … the frickin’ day is basically over you idiots! … any chance you guys
are advisors to Preezy Idiot Boy? … most days, you can’t make this shit up and
have anybody believe you’re not insane! … well, there is tomorrow, so we’ll see
what new adventures in trading hell they can dream up.
For a while now, I’ve been watching and tracking USDCAD … it’s 20 Day Range
MA is more consistent [and HIGHER!] than Cable, and it’s a North American
market, so most of its movement happens between 6 AM EST - 4 PM EST … but
the most important quality it has is IT TRADES, and quite frankly the
“Loonies up north” don’t manipulate it much like the BOE, ECB, & BOJ do with
the top 3 … tomorrow sees me in CAD, up / until / when [if ever] Cable, EUR, &
Yen decide to trade … I’m sick and tired of being sick & tired of watching
“grass grow” in the European session. And while not as much as it used to be,
CAD also correlates with crude oil to an extent, so there’s that as well … a nice
“tie in” if you will … but if you look at the M1’s in USDCAD, you’ll notice a very
big difference than what you see in Cable / EUR / or JPY
… “yea, it’s called TRADING”!
Like I said, I suppose it’s better late than never, but the Turnkey crude oil LP cost
the PAMM “”bigly & yuge” today … down at or very near the lows of the day, some
nice buy signals from the trading algorithm … and while I’m not pissed at Turnkey
per se, cuz they don’t set the spreads, they’re the ones who decided to hire or use
the assclown who is the LP … unless you get in their face and tell them you’re
costing us money, and instead just sit there and do nothing, which I’m pretty sure
is what they do, then you aren’t entirely blameless in this clusterfark either … and
I’ve told them this a million times, I got more important things to do than B.I. Itch
at you about spreads, so WTF don’t you do something about it? … who knows
how it went down, or even if they had some kind of conversation with them, but
about an hour after I went “orbital” with Turnkey, all of a sudden here comes the
competitive spread back … coincidence? … I dunno … I think it’s more likely
somebody who runs the LP noticed there ain’t any oil revenue taking place
… “well, no shit Sherlock, do we look that fucking stupid”? … but anyway,
one day does not a trend make, so I’ll hold my wrath for now … tomorrow is
another day.
Crypto on the other hand started out slowly today, but ETHUSD is going nuts to
the upside … up over 10% as I write to the $3700+ level … as I’ve said before,
IMHO this is the crypto pair to be in to HODL going forward, and for
“The Syndicate” part of our profit structure holds ETHUSD … BTC coming along
for the ride to some extent, but today’s trade being driven by ETH.
NO trades today in anything … for the PAMM cuz of the reasons outlined up above,
and for “The Syndicate” I’m in the process of adding some family funds to the
kitty … we’ll be up and going soon enough.
… outta here … “the future looks so bright, I need sunglasses”! 😎
… Onward & Upward!!
-vegas
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