SUNDAY UPDATE: VERSION 3 AVAILABLE

 

“A kid who knows himself!”

Directly below, this week's 20 Day Range MA’s for selected pairs.

click on table to enlarge

With central banks out of the way until September, maybe trading can resume

under more “normal” [whatever that means anymore] circumstances given

ranges we’re seeing … on the other hand, maybe not, cuz world affairs are

spiraling out of control faster than Biden’s feeble brain going complete tapioca

… we’ll see. 

Onto the week … outta here … “The future’s so bright I need 2 pairs of

sunglasses 😎😎, and my own Brinks armored truck” 💓!!

… Onward & Upward!!

-vegas

ANOTHER DOSE OF SCUMBAG BANK MARKET MANIPULATION

“Yup, I can see market manipulation a mile away!”

All they gotta do is change the narrative and then go for the positioned stops

… doesn’t matter what the narrative is, it can be anything … what the narrative

does is get specs and institutions to go position themselves, and once the banks,

who make no mistake collude with one another via anonymous chat apps that

self destruct 30 seconds after the chat is over, get everybody positioned to the

hilt and there’s no real new money being added to the pile, then all Hell breaks

loose cuz the banks are positioned correctly and everybody else is “prey” … and

what we see today in USDJPY is nothing more than, first screw positioned longs,

then screw newly positioned shorts with a 200 PIP rally straight up the wall to

almost a reversal high, and top the month and end of week off with a nice 100+

PIP drop … any indicator you can name is gonna have problems with this. 

Well, welcome to the new paradigm of FX trading, where it’s either 1) bat shit

crazy [BSC] daily & session ranges, with often times attendant double or triple

reversals, or 2) “it’s dead Jim, stick a fork in it”, and you’ll be lucky to see a 15 PIP

session movement over 6 - 8+ hours … and here lately the last couple of weeks,

the emails I get from people ready to rip their hair out has grown … although

worded differently, the themes are decidedly common and strike the same tone

… so, what to do?

Sunday’s release of version 3.0 of the trading algorithm is the “what to do” … learn

it, love it, and most importantly FOLLOW IT, and you won’t have any problems

… tinker with it, add some shit, subtract some things cuz you’re “brilliant”, and I

promise you heartache is right around the corner … I’m not asking for anybody’s

“Input” cuz I don’t need it, and version 3 spells it out … read it and don’t like it or

disagree, and it’s fine with me, it’s your loss not mine … JUST FRICKIN’ DO IT!

The narrative changes today in USDJPY, and then WHOOPS!, never mind, inflation

still is a problem … what a crock, of course it’s still a problem … the upshot,

though, is that banks literally mug, rob, and then rape, first longs, then rip shorts

apart, and then kill longs again twice in one day … champagne and weenies

wrapped in bacon for everybody on the trading desks!

Just as a side note, I had to go back to the hospital early this morning cuz I noticed

tiny amounts of blood in my urine … had another urinalysis and blood test run,

and from Tuesday afternoon when I got released to very early this morning, I’ve

developed a common kidney bacterium infection … it wasn’t there on Tuesday, but

it’s here on Friday … one of the infinite ramifications that can happen when

dehydration comes calling … not always of course, but it’s why they always want

follow up after you’re released … no problem, got an  antibiotic prescription from

the doctor, went and got it filled, and I’m back about a little after 8 AM EST.

One algo trade signal today in USDJPY … TURNKEY PAMM UP SLIGHTLY … I got

to the trades late today, so I kept volumes light … next week they go higher

… USDJPY TREATING me right, with fills and latency excellent … EURUSD a

frickin’ mess … onto next week, with a blog update on Sunday … until then. 

… outta here … “The future’s so bright I need 2 pairs of sunglasses 😎😎, and

my own Brinks armored truck” 💓!! … Onward & Upward!!

-vegas

 

ALL SPECS ARE CONSIDERED PREY

 

“We are all liquidity provider [LP] shark food!”

Worst trading conditions in EURUSD, I think I’ve ever seen … talk about “speed

of light … crickets”, this place is it … simply wicked moves out of nowhere, both

up / down, whose only purpose is to screw specs and get them to puke positions

… they got the money, you and I don’t … they got central bank protection, we got

Mr. Jack Squat … and when the “shark” comes up out of the small pool to feed

[a/k/a “order flow”], there’s very little wiggle room if you’re in his sights caught

the wrong way.

Meanwhile USDJPY moves lower massively on the “BIDEN RECESSION” we’re

now all in, thanks to today’s release of the 2Q GDP, which shows RECESSION

… of course team “Taliban Joe”, they’re trying to change the definition of what a

recession is, for the simple reason they do think you’re THAT STUPID … I said

weeks ago, Spicoli & Lounge Lizard crew were the ones to save USDJPY from

going off the cliff … and the only way they can do that is create a DEPRESSION

that brings yields down in the U.S. relative to Japan … cuz if Japan goes tapioca,

the world’s financial system goes down with it, and no central banker wants to

see that, at least right now … so on the one hand we got bat shit crazy [BSC] in

USDJPY, and EURUSD is a crock of warm spit … going forward, this is what FX

has to offer and little else … 2 entirely different scenarios, but both likely to be

the top 2 scams being run by scumbag banks, as we move into a worldwide

recession / depression … I’ll have details in Sunday’s blog via version 3.0 of the

trading algorithm … cuz quite frankly, what I’m gonna lay out is a pathway to

trading success, under pretty much all trading conditions [except completely

dead chop].

Today’s casino markets in FX a complete joke, with EURUSD taking top prize

… it goes nowhere after the 5:30 AM EST “flush of the toilet”, and then spends

the rest of the entire day in a 35 - 40 PIP range of pure Hell … complete with

wicked spikes both ways that go nowhere, and only end up feeding banks at

spec expense … I can’t imagine anybody, long or short this crap, was happy

with what they saw transpire.

Only one algo signal taken today in EURUSD … TURNKEY PAMM DOWN

SLIGHTLY … and I might add, pretty much all due to slippage, which on one fill

was over 3+ PIPS … just a frickin’ nightmare … tomorrow will see me go back

to YEN, as this is the second time in a row I got mugged, robbed, and then raped

by TURNKEY’S scumbag LP’s in EURUSD … I already had a lengthy talk with

management today, but guess what? … they could care less … but, activity and

ranges in YEN have been quite adequate lately, so how could it be any worse?

What’s next in all of this crap, locusts? … we’ll find out tomorrow … outta here

… “The future’s so bright I need 2 pairs of sunglasses 😎😎, and my own Brinks

armored truck” 💓!! … Onward & Upward!!

-vegas

ON TAP FOR TODAY … LOUNGE LIZARD STUPIDITY

 

“Oh look, the FED is meeting today … aren’t we lucky!?”

Well, that escalated quickly didn’t it? … not really, but they did decide to opt for

the “depression” scenario … killing the middle class like they always do

… spreads blown out, natch … and EURUSD rallies a tiny bit? … how do you

square that circle? … now for Spicoli’s presser in half an hour, where he can

wax eloquent and tell you why this is “good for you” … what garbage … like

most FED days, a complete waste … enough of this crap, onto tomorrow.

… outta here … “The future’s so bright I need 2 pairs of sunglasses 😎😎, and

my own Brinks armored truck” 💓!! … Onward & Upward!!

-vegas

AMAZING BUT TRUE … I’M NOT 25 ANY MORE! … WHO KNEW?!

 

“Apparently, I didn’t know mine!”

Amazing what approximately 35+ hours of an IV of glucose, vitamins, trace

minerals, and electrolytes can do for a dehydrated body … and then I learned

from the doctors, nurses, the Mrs., and her friends that visited me, that lo &

behold I’m not 25 anymore, and I can’t run, lift weights, and basically do anything

I want in the heat of the Caribbean day with high temps & humidity … why not?

… cuz your body says “not happening”!, and if you get stupid and do it anyway

you're gonna pay the price … and I paid the price … my doctor says if he sees me

in here again for dehydration, he’s gonna beat me with wet spaghetti noodles as

punishment … the Mrs. adds, natch, “get in line for the beating, and I won’t be

using wet spaghetti noodles”!

So yes, I’m back home now feeling much, much better, as I got released about

Noon EST … but before I got released, man-O-man did I get the lecture of a

lifetime from the group of doctors that brought me back from the dead [well, not

really, not even close, but it sure felt like it!] … and not only that, but the Mrs.

was there with some friends, and she told the doctors to go ahead with everybody

in the room, cuz nobody is leaving … she wants EVERYBODY TO HEAR THIS

THRASHING, so I got no excuses going forward … all-in-all about 8 people I

counted … and here are the 4 main points they brought up … 1) we all know

you’re a “trader” by profession … that means you can get pig headed & stubborn

about things you have no idea how they are harming you … working out in the

middle of the day from Mid May to about mid November IS STUPID, cuz it’s hot

& humid, and the fluids you are losing ain’t just water … you’re losing valuable

minerals & electrolytes that are hard to replace immediately back into your body

… then my doctor looks at the Mrs., and says “from about 10 AM to about

4:30 - 5:00 PM, he is to remain in the house … if it’s hot, turn the AC on … he isn’t

to be outside sweating” … the Mrs. says, “Count on it”!, then looks at me and

asks if I understand this … my response: “Yup, completely understood, not

gonna be a problem going forward”.

Point 2) … from now on, we want you to drink at least a serving of either Pedialyte

or Ensure 3 times a week, you choose the meal, but scatter the days however you

want … these will insure proper mineral & electrolyte balances in your body so

this doesn’t happen again … got it? … “Yup, completely understand”.

Point 3) your days of heavy lifting are OVER! … light dumbbells no more than 15

pounds is your top limit … you ain’t Arnold, go for the tone, cuz it’s proper for

your age group to maintain good health … got it? … “Yup, got it, no problem”.

And finally, Point 4} … when in doubt, DON’T DO IT! … ask your wife, cuz she’s

got more common sense than what you got … got it? … “yes, she is a treasure,

no doubt, but yea I got it”.

And all the while my doctor is blistering me, cuz all of this clusterfark was easily

preventable, the women stand there, smiles gone, and simply shake their heads

up & down, as if to say, “You gettin’ all of this dumbass”? … brutal, but quite

frankly, I deserved it … and then in two weeks from this Saturday, I got to go in

and have another complete blood analysis done, to make sure all levels are

where they are supposed to be … and with that, time to go home!

Well, what did I miss? … not much, except a lot of chop in EURUSD … tomorrow

is FED interest rate decision day at 2PM EST … this will be interesting … do they

back off, or go full bore with rate hikes insuring a depression in the U.S.? … we’ll

find out … so, nice to be back in the saddle again fully healthy, and it’s onto

tomorrow!

… outta here … “The future’s so bright I need 2 pairs of sunglasses 😎😎, and

my own Brinks armored truck” 💓!! … Onward & Upward!!

-vegas

I GOT NO IDEA WHAT WENT WRONG

 

“Whatever it was I “imagine” stupidity played a very large role!”

About 6 AM EST, and I’m in the emergency room of the hospital … the Mrs. a few

hours ago made the decision, and that was that … you’re going whether you like

it or not … I’m being preliminarily diagnosed with extreme dehydration and

electrolyte deficiency … more tests later after they move me to a room .. I’m on

an IV and resting comfortably … should be here no more than 2 or 3 days tops

… once I get my room I can set up internet … I still have no idea how this

happened, it just did! … No trades today, and we’ll see what tomorrow brings.

… outta here … “The future’s so bright I need 2 pairs of sunglasses 😎😎, and

my own Brinks armored truck” 💓!! … Onward & Upward!!

-vegas

SUNDAY UPDATE: NOT THERE YET

 

“I feel like I’m just gonna stay like this!”

Very short update today, cuz I’m still not feeling well … Saturday I don’t even

remember, and today I can barely type my name … head fog, body ache, and the

general feeling I’ve been hit by a truck and it dragged me for about 5 miles

… version 3 of the trading algo is gonna have to wait ‘till next weekend.

Directly below the 20 Day Range MA’s for selected pairs.

click on table to enlarge

Back to bed … outta here … “The future’s so bright I need 2 pairs of

sunglasses 😎😎, and my own Brinks armored truck” 💓!!

… Onward & Upward!!

-vegas