“Proving beyond all doubt just how messed up Americans have become!!”
Congrats Pennsylvania, you’ve reelected a dead guy … and to the Morons who
voted for this stiff, WTF are you thinking? … and to those who think I’m bullshitting,
here’s the link.
https://www.thegatewaypundit.com/2022/11/democrat-pennsylvania-state-rep-
But why should it surprise anybody, cuz the “Free Shit Army” wants and
demands “free shit” from government, and Libtards are only too happy to oblige,
while brain dead voters don’t care, just gimme the free shit … if this doesn’t
portend the approaching end of empire, nothing ever will … blue states are
living Hell [Kalifornia, New York, Illinois, & Pennsylvania for example] and to
those unlucky enough to live there, enjoy your misery, you voted for it … red
states like Texas & Florida are a virtual paradise compared to the rest of Libtard
Nation … I dunno how much longer the U.S. has before complete chaos & civil
war becomes reality, but it’s a lot closer than many of you mistakenly believe
… just look around at the supposed “leaders” of the U.S. … a bigger bunch of
corrupt hypocrites, liars, & crooks DO NOT EXIST … what can’t continue won’t.
Turning to today’s Slots-A-Rama at the world’s largest casino, finds markets
coiled in anticipation of CPI data … ranges so small in every market it’s
laughable … you can’t trade ridiculous… no doubt, another day of “speed of
light … crickets” ahead of us … well, that escalated quickly didn’t it?
OMG!, let the LaLa-Palooza-Spread-Slot Machine go frickin’ wild! … and with the
release of better than expected inflation numbers, here we go with “speed of light”
to the moon Alice, in “Hoover Dam” near everything … well, except crude oil & Natty
Gas, they are the exception, still stuck in mud up to their donkey … away goes
“Stock Bellies”, and at “SLIPPAGE FX” [a/k/a Coinexx / Turnkey] spread on the
DOW30 surpasses 25 index points for a good 5 minutes, before coming down to
an obscene 5 - 7 index points … hours later it’s still at a rip off 5 index points
… meanwhile, Cable/Yen goes to 7+ PIPS, before dropping and spending the day
at 2.5 - 5 PIPPS for a spread, which again is a pure rip off of bullshit proportions
… if I hear “DUH!, market conditions, DUH!” one more frickin’ time, my head is
gonna explode … and so while I knew “Stock Bellies” would be a “no go”, I didn’t
expect Cable/Yen to be “effed up” … energy not playing like you would want, and
spreads there obscene and an insult to anybody’s intelligence … crude oil at 5
cents, and Natty Gas bringing up the rear for those desperately wanting to give
money away … facing this clusterfark, and watching USDJPY go bat shit crazy
[BSC] over a cliff, down 400+ PIPS, and wondering when the world ends, the
only logical conclusion was to turn to Cable [GBPUSD] to trade today … what
the Hell else is there? … pricing and spreads in FX generally acceptable, and at
least there’s one complex “SLIPPAGE FX” hasn’t FUBAR into a deep grave.
It’s probably gonna be a rocky road for the U.S. Dollar going forward, cuz just
from the trading action in the dollar pairs, it appears quite likely the lows are in
for the major FX pairs … that’s particularly true for Cable & EURUSD, where I
would be somewhat shocked if new lows are coming anytime soon … the dollar
run is over, and that will spell inflation trouble for the U.S. in the months ahead,
but we’ll see.
Back to energy, ranges for the day, as well as range for the New York session in
crude oil extremely disappointing on the low side … the complex seems to be
stuck in some serious mud, as everyday it appears that the ranges are below the
20 Day Range MA, and going lower … that’s not a recipe for good trading action,
and the “Trading Ratio” bears this out, coming in as I write at approximately 2.5 to
maybe 3 … that ain’t gonna cut the mustard for trading oil … that low of a TR
spells disaster waiting for you … Natty Gas on the other hand doing well in terms
of action, but who the Hell is gonna pay a spread where a 1 lot is gonna cost you
between $80 - $150 before the trade even starts? … well, it ain’t gonna be me
that’s for sure … talk about brokerage house & LP rip offs, this is the KING of
spread rip offs … and unless these crooks & thieves get their shit together and
price it right, nobody but nobody in their right mind is gonna trade it.
Multiple trades today via algorithm signals in Cable today … PAMM DOWN
SLIGHTLY … volumes I have increased and they will go higher … pricing today
in Cable was good to excellent, and latency & fills were good to excellent as well,
with zero to minimal slippage … why they can’t do this in their CFD’s is a
complete mystery, but it is what it is … can’t complain at all … we had a couple of
“false positive” algorithm signals that brought performance down, but I didn’t
start trading Cable until later in the day … if I had started right after the inflation
numbers, we would have done really well.
QUITE FRANKLY, HERE’S THE DEAL: “if you have the entire day to trade anything,
and PRICING [spread] is fair to good, meaning normal, it’s almost impossible to
lose money via the algorithm” … if you come early and quit early or come late to
the table, obviously results will differ, but for the entire day that’s how it plays out
… as I’ve said before, finding the right market or group of markets to
CONSISTENTLY TRADE isn’t as easy as it sounds … GBPJPY today a great
example, as on paper it looks great … check out the spread, “speed of light
… crickets” trading action followed by the “Loser Formation”, and it ain’t great
at all, but stinks to high heaven … ditto before via Natty Gas, until you see and
figure out the spread value and want to puke … and while USDJPY looks great
on paper as well, lately these last months it has taken on some serious, fatal
flaws IMHO, not the least of which is BSC stop fills and action and gaps in
trading … and it’s the reason, by default, why I switched to Cable today rather
than YEN … I won’t say it’s “Plan C”, but an alternative to Plan B, which is just
as valid … in any event, given the whole day, if the trading algorithm as outlined
in the PDF manual is followed, it’s pretty “Hoover Dam” hard to lose money
… tomorrow looks to be a Cable trading day, as energy has “fallen and can’t
get up”, and YEN looks and feels like insanity on steroids … with volumes
increasing, and if I stay in Cable [which is highly likely given the proclivity of
“SLIPPAGE FX” TO FUCK WITH NON DOLLAR CROSS SPREADS, while the YEN
stays insane], look for increased performance going forward, cuz I’ll be there
the whole day and not just part of the day … and given the whole day,, we will
do very well mi amigos!
Cable has enough in it from a trading perspective for us to do well, and currently
has a TR = approximately 4.0 - 4.5 … earlier today at the London Fix, it was
7.0 - 7.5 … before the U.S. inflation numbers, back in the mid morning European
session it was approximately 4.5 … the current 20 Day Range MA for Cable =
approximately 186 PIPS, so there’s plenty there … all we need is decent pricing
and minimal slippage, something Turnkey was providing … however, we’re now
with Coinexx, and we simply have to keep focused going forward on how fills are
priced and what the latency is … today they get an “A” … let’s hope going
forward it stays that way … onto tomorrow.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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