I THROW UP MY HANDS IN DISGUST

“Oh, attempting to “trade” USDJPY I see!… what a shitshow!”

I got to my screens today around 4:30 AM EST … and since then, USDJPY has

put on the most disgusting “shitshow circus” of trading I’ve ever seen … talk

about scumbag bank manipulation, running sell stops for all they’re worth, and

general “scumbaggery & fuckery”, especially in terms of slippage, and you’ll

rarely see in any market the level of thievery seen today in USDJPY … this puppy

takes first prize today … simply unreal.

An hour before “Stonks” open, and I’m wondering who exactly in the casino gets

to readjust the YEN slot machine for the banks benefit … not yours of course

… and one look at the trading action & conditions, and you can see the “crawl,

crawl, crawl, WHAP!, AND HERE’S YOUR FILL !” … the NYSE now open, and

who cares? … and what if it takes 10+ years for “Stock Bellies” to recover from

the biggest financial bubble of all time? … will BTFD work?

Did somebody shoot the YEN? … but after the complete bullshit earlier today,

not once, or twice, but THREE frickin’ times, who’s surprised nobody wants to

play? … then comes the S&P global services, which beat consensus, thus

shoving bond yields slightly higher, and USDJPY reacts like it just took a hit of

crystal meth … Bingo!, Bango!, Boom!, let the mini melt up begin and then end

in about 2 microseconds … buy stops being run by the usual suspects, and then

it’s quickly offered lower … so now, we’ve seen 4 of these Hellacious spikes

… 3 down and now one up, and outside of that, there isn’t anything here

… literally, there’s nothing here … nothing but teensy m1’s going nowhere until

the next time … and this is a symptom of no volume and even less liquidity on

this Friday.

Meanwhile, both EURUSD & GBPUSD puke hard … idiotic policies combined

with winter approaching and no fuel, mixed with POLS nobody listens to any

longer … the problem here, though, is inconsistency with regards VIX, and both

markets chop hard much, much too often … that lends itself to scalping, but the

scumbag LP’s make it impossible to scalp with high slippage on fills and

phantom bid/offer quotes … in case you haven’t noticed, central banks are

killing the world! … if Cable goes much lower, you’re gonna see riots & protests

the likes of which the U.K. hasn’t seen for a very long time … you voted for ‘em,

now live with ‘em!

What really bothers me about what the BOJ did, is that it was INTENTIONAL

… Kuroda intentionally got traders to take out the 145 level and get more-er-er

long, wanting that new high on the daily chart … then comes the intervention

and the “bigly & yuge” bearish engulfing pattern reversal … and that’s what they

wanted … forget the horseshit about economic “fun-durr-mentals”, cuz these

guys could care less … it’s the daily chart stupid, and they moved heaven & earth

to get what they wanted … how many days are we gonna now spend with inside

days in USDJPY, inside Thursday’s range? … my guess is quite a few before they

hope it turns lower or stabilizes … meanwhile, YEN gets bought cuz of pressure

from the EURJPY & GBPJPY crosses getting mauled.

Another bottle of May 2022 sparkling grape juice down the drain, as our PAMM

mothership yacht gets ready to set sail … first the BOJ CAT5 hurricane, now today

not a fart of wind for a sail to capture … talk about inconsistent VIX, bat shit crazy

[BSC] to dead within 24 hours … today’s 8 hour+ range, minus the 4 horseshit

spikes from Hell [3 down and one up, is about 40 - 50 PIPS give or take a few

… it’s tough to sail the financial oceans with squirrel farts in your sails, as

Grandma and her water wings can paddle faster than your boat! … scalping

USDJPY ain’t an option, at least not for a strategy, as I will remind again what the

scumbag LP banks institute to prevent this, namely bogus bid/offer spreads and

slippage on fills off the market that would make Vito Corleone blush … and those

4 suicide bomber m1 spikes were a thing of bank beauty weren’t they? … what

utter horseshit … meanwhile, markets are melting down … “Spoos”, gold, crude

oil, EURUSD, GBPUSD, and a host of others as well … the world entering a

depression thank you very much POLS & Apparatchiks who created the problem

bubbles… none more so than the criminal , senile, corrupt, and ALWAYS WRONG,

“Taliban Joe” … it’s not like I didn’t warn you when he stole the election what the

consequences were gonna be … well, here we are, and it gets worse each

passing day.

I sit here watching and waiting for a viable algorithm signal in USDJPY, and this

shit starts to get under your skin … heaven forbid, I’m asking simply for a market

that moves modestly [or better] and corrects along the way … real “off the wall”

stuff, huh? … market? … this is called a “market”? … bwahahaha … more like a

dollar slot machine run by the Vegas mob … moves are too short, corrective

action either doesn’t come back or is too short as well … we get corrective

activity in terms of TIME, but not price … then comes a spike followed by bank

“scumbaggery & fuckery”, where they fade the stops, and by the time you see it

it’s over … just a very sad commentary when conditions turn sour … and you sit

here and wonder, “WTF is it I’m supposed to do with this shit? … it won’t move,

the long knives are out for specs, and the spikes from Hell, absolutely killer to

anybody on the wrong side … and if it happens to you, how do you make

anything back under these conditions?, which is the main point of the bank

scam being run when conditions deteriorate.

And now here close to 2 PM EST, USDJPY makes a move to a new high … great,

WTF does anybody with a brain do with this? … been here all frickin’ day, almost

11 hours and this so called market can’t move [outside the scam spikes] to save

its life, but now with no time left in the session to the weekend, traders are

supposed to pile in and trade it? … gimme a break … and even if you did, the

move isn’t any great shake to begin with. 

And with that gigantic daily reversal on the chart, my best guess is USDJPY stays

soft with inside days for longer than traders are gonna find acceptable, and that

most likely means smaller daily ranges and more bullshit from the European &

U.S. sessions … I hope I’m wrong, but I don’t think I am … and while I most

definitely don’t wanna play “Whack-A-Mole” and chase volatility from market to

market and end up running in circles and catching nothing … if I’m wrong and

YEN stays volatile, great cuz I’ll be there to trade it, but I fear I’m right.

Meanwhile, crude oil continues to set the world on fire with volatility … up or

down it matters little … today’s action sees an approximate $5.70 range, and a

shipload of algorithm signals, booth buy & sell, take your pick … while the

bid/offer spread on the regular MT4 trading platform can be anything at Turnkey,

this week the Mrs. has been back TRADING crude, both at SIMPLE FX and

TURNKEY, and they are very close … I traded a little at Turnkey today [not for the

PAMM] and was satisfied with both spread & latency … I seriously doubt crude oil

rolls over and plays dead with winter approaching and very tight world supplies

still … I don’t really care the reasons, I care about VIX and shiploads of signals

THAT ARE HIGH QUALITY AND MATTER … crude consistently has them, YEN

does not … and quite frankly, I’m not gonna sit here and twiddle my thumbs over

the coming weeks while YEN potentially plays hide & seek and pisses me off to

no end … I’M HERE TO TRADE, NOT SIT … and while I like YEN when it decides

to wake up and “play ball”, and the algorithm is quite excellent at modeling its

behavior, crude oil is in a universe by itself when it comes to price moves & VIX

… the question at Turnkey for trading crude always has been, “what’s the

spread?” … the paradigm for futures trading oil has seen the bid/offer spread go

consistently higher over the months, and it isn’t a penny market any longer

unless it’s very, very quiet … most of the time from the futures quotes I see, it’s

now a 2 cent - 3+ cent spread, with the potential to go slightly higher with

increased VIX in short bursts … so even if Turnkey is at 3 cents or 4 cents for

a spread, it’s not out of line with how futures are trading … besides, with a 20

Day Range MA OVER $4.10+, the spread even at 4 cents, IS LESS THAN 1% OF

THE 20 DAY RANGE MA … this is LOWER THAN “Stock Bellies” & gold, but

slightly higher than FX … in other words, it’s not out of whack by any stretch.

But again, it goes back to having a market that consistently can give us what we

want … and given the dynamics of crude oil, right now [and looking ahead] there

isn’t anything remotely close to it that serves us better … Natty Gas might, but

it’s “quirky” IMHO … but if others liked Natty Gas over crude oil, I don’t have any

problem with that cuz it’s a very volatile market as well. 

ATTN READERS!: This PAMM yacht needs to set sail, and get its ass out of the

harbor! … ain’t nobody stalling around, but who wants to sink a ship in a CAT5

hurricane [BOJ intervention, the first in 24 years], and then sit in the water with

ZERO wind [no range today, and no acceptable trading action] … we’re ready,

I’m ready … adding crude oil to the list, along with USDJPY, should give us all we

want and then some … and come Monday’s blog post, I can assure everybody

reading this our days of no trades for the PAMM is O.V.E.R. … if YEN wants to

play, great … but crude is ALWAYS READY TO PLAY BALL! … on Sunday’s blog

update, there will be some parameter adjustments for crude oil in the algorithm,

simply cuz USDJPY is financial and crude is a physical commodity, and I’ll share

those with readers … the anchor is up!

While lately I’ve been watching crude on the regular MT4 platform, as I said

before, the Mrs. has been on both the Turnkey VPS platform and SIMPLE FX

… quite frankly, when I looked at the spread I wanted to puke, but the Mrs. had

me add WTI to my screen and suddenly I realized she was correct … lo & behold,

Turnkey has gotten their shit together in crude! … about time, but welcome

nonetheless … I’ve never been a trader that TRIES to go to other markets … if a

market treats me right, I’ll stay with it for years / decades … if it shits on me, I’m

out the door! … low or unacceptable VIX isn’t the platforms or brokerage houses

fault, but by the same token don’t sit there and tell me everything is fine when it

ain’t … and while crude has lost volatility, volume, and liquidity over the last few

years, SO HAS EVERYTHING ELSE … as long as it gives us what I want, you

won’t hear me B.I. Itch … no trades today for the PAMM, but that’s OK, cuz YEN

didn’t do diddly squat, and nothing would have mattered anyway … crude would

have been a completely different story, and that starts on Monday, so no worries

there either … until Sunday’s blog update.

… OUTTA HERE … “The future’s so bright I need 2 pairs of  sunglasses 😎😎,

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

-vegas