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Sunday, November 13, 2022

SUNDAY UPDATE: THE CASINO DOESN’T ALWAYS HAVE TO WIN

“Start a career in the BOOMING “mail-in-ballot” business!!”

We now find out that FTX was nothing more than a money laundering machine

for Libtard Democrats … who’s surprised? … the link below.


https://www.thegatewaypundit.com/2022/11/breaking-exclusive-tens-billions-

transferred-ukraine-using-ftx-crypto-currency-laundered-back-democrats-us/


When the “right kind of people” commit crimes, nobody in the Swamp of the

Banana Republic notices or cares … corruption is so entrenched in the U.S.,

like the Roman empire, its destruction won’t be from Putin or Xi, but from within

… the “rot” is accelerating, and next up is the impending collapse of the dollar,

oil priced away from dollars to something else, probably Yuan or a basket of

commodities, and civil war between the states that work, and the states that are

parasites … one thing you can always count on, is that “leaders” from both

parties will have their collective hands out ready to steal more of your

wealth & money.


At the heart of the problem, is the FED … a creature that is totally corrupt, non

transparent, has ZERO accountability, and even less transparency … an outfit

that has been raping the American public since 1913 … one benefit, though, for

traders, is that without their approval the “VIX Genie” has been let loose in FX

trading … she’s plenty angry and ain’t goin’ back in the bottle of government

manipulation … nowhere is this more evident than in USDJPY … sure, the other

majors have picked it up a notch, but they pale in comparison to what’s going on

in YEN, and more importantly likely to stay that way … the BOJ, led by the insane

“Peter Pan” (I think I can, I think I can!) Kuroda, versus a bunch of FED Lounge

Lizards who are trapped between rising inflation and bond yields, and haven’t a

clue as they “wing it” from meeting to meeting, hoping fate smiles on them

… and while there may be some days where VIX appears to have slowed,

overall it won’t.


The casino pretty much always wins, but it doesn’t have to … if there is good

enough VIX, the trading algorithm will guide you to profit … you just have to find

the right market with the right brokerage house, and watch and observe very

carefully how they jack the variable spreads for their own benefit against you

… my favorite markets are energy, but since “SLIPPAGE FX” came into being

[the merger of Coinexx and Turnkey], those markets are subject to less than

ideal to horrible trading conditions … “Stock Bellies” [world indices] are also

exhibiting decent VIX, but the problem here is one of BOTH high spreads and

horrific slippage off the market on fills … Turnkey was never consistently very

good at providing decent CFD’s in any of the indices, and now of course it’s

worse … gold is its own animal, run exclusively by the LBMA, so most houses

are very close to each other, but gold has terrible trading conditions … that

leaves FX, and different houses make different markets depending on what they

want to concentrate on and attract business … and the simple fact is, when

trading conditions are somewhat “normal”, meaning not bat shit crazy [BSC]

with interventions and the like, Turnkey via their VPS server has the best USDJPY

conditions going … YEN VIX may go up or down, or one of the other major pairs

might be slightly more volatile on occasion, but the LP’s and/or brokerage

houses don’t control that … what they control is the spread AND any slippage

you might get on a fill … buy a green spike up and of course you’re gonna get

screwed … ditto when selling a red spike down … you aren’t gonna get decent

fills from these assholes unless you sell the spikes up and buy the spikes down

when in a position … but compared to other houses, and I’ve done the research

work, there isn’t anybody better than Turnkey when conditions are “normal”

… now partnered with Coinexx, and I don’t see any difference in the YEN fills

from before … I can look all I want, but for the PAMM it always comes back to

USDJPY cuz they have the best conditions … and it’s why I’m back to it to stay

come Hell or high water.


Directly below, the 20 Day Range MA for selected pairs … you’ll notice I’ve started

to give the 8 hour combined European + U.S. session USDJPY range … from 4 AM

EST - Noon EST, the busiest time of day right into the London Fix … some days

YEN will stay active another hour or two, but most days see trading price activity

slow markedly from Noon onward.


click on table to enlarge

… 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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