“When a lying FED Lounge Lizard goes job hunting!!”
Well now, is “bad news” good news again or is it simply bad news? … another
installment of NFP Idiocy Day right at our doorstep … rates tumbling, YEN
scorchingly rallying, “Stock Bellies” melting, and FX pairs rallying smartly,
all on one of Spicoli’s personalities where he plays Santa Claus to markets … or
maybe just Santa to scumbag banks … anybody that thinks inflation, even the
government bullshit barometer, is coming down to stay down is delusional
… STOP PRINTING FUCKING MONEY BY THE TRILLIONS, and maybe then
inflation cools … until government figures this one out, there is no hope … don’t
hold your breath.
Well, that escalated quickly didn’t it? … a sigma miss to the upside … gosh, who
could have seen this coming? … can you say “Dump-A-Roo”? … Thelma &
Louise never got to the bottom this fast! … ahh nice, spreads blown to shit, the
usual NFP bank robbery in play for anybody dumb enough to click an order
button … welcome to the casino! … hours later near the London Fix, and now
you should understand why this is the worst trading day of the month … just an
absolute bag of shit, where once banks clean house, it’s nothing but sideways
movement into the New York afternoon … it’s called “The Loser Formation”, as
markets can’t move up or down, they just sit and chop .. then chop some more …
USDJPY a disgrace to trading since the clusterfark NFP horseshit … EURUSD &
CABLE not much better if at all, but rallying for some reason … so far, a
miserable trading day that makes ZERO sense.
And what makes a miserable day even more miserable? … how about 3 minutes
over a cliff, then more or less straight up the rest of the day, to the point where it
makes back all of the drop from the made up, horseshit numbers from the math
whiz kids over at the Department of Unicorns & Fairy Tales … and if you
somehow think I’m the only one who thinks this, I will remind people I’ve said
this forever on this blog going back years! … now today, over at ZH, a timely
article pointing out the obvious “gap” between real jobs and made-up jobs in
the head of a political hack with a math degree … the link directly below.
https://www.zerohedge.com/markets/something-rigged-unexplained-record-27-
million-jobs-gap-emerges-broken-payrolls-report
Of course, this all makes perfect sense on a Friday, in a political world where
propaganda is KING, doesn’t it? … and through it all, if you’re trading at bucket
shops like “SLIPPAGE FX” [a/k/a Coinexx + Turnkey in a merger], you get the
daily hassle of fighting the house as well as the market … if you thought either
was a house of crooks, putting them together only makes it worse … a bigger
group of crooks & thieves don’t exist anywhere.
I don’t see this [so far] in the binaries [binary options] … so far, all I’ve seen is
straight up legit accounting … granted, my anecdotal experience is limited, but
I’m just sayin’ that I don’t see any of the scumbag bank LP bullshit I see on
regular trading platforms, where it’s mystery fill after mystery fill, and quotes
that are more phantom then real … every single day they try and screw us
… EVERY DAY! … not a second goes by where their greedy little computer
systems aren’t trying to siphon off a few bucks from accounts through various
means … they should all be in jail, but aren’t cuz the POLS & regulators are paid
off via front running skim … “I didn’t see anything, did you see anything?”
All of this can help explain the explosion of interest in options in general, and
more specifically options with very short term expirations … people are willing
to risk funds, but many [including me] are sick & tired of being “sick & tired” of
bullshit scumbag bank LP’s and their thieving practices of providing “so called”
liquidity … and so, people move to options to avoid getting outwardly screwed
each and every time they click a buy/sell button … with the proliferation of
binary options, it’s very difficult to maintain the “scumbaggery & fuckery” non
stop … maybe around support / resistance areas, but they can’t keep it up all
day & night … and besides, it does them no good to run stops, cuz you can
only lose what you bet and no more, making stops irrelevant … and isn’t that
a nice thought?!
Binary option trades today in USDJPY & EURUSD, off of algorithm buy signals,
just crushing it … use the algorithm to time your trades upon color change in the
short VIDYA 10 plum / yellow line [MT4], or if you’re on the “IQCENT” platform,
when the TEMA 34 period changes slope from negative to positive … they’ll be
very close if not the same minute.
As long time readers know, I hate NFP Friday’s for trading … always have, always
will … just a bullshit day filled with traps and landmines on a Friday when
everybody wants to just go home … historically, it’s the worst trading day of the
month … even so, I did have one algorithm buy signal in EURUSD … PAMM UP
FRACTIONALLY … not at all pleased with the fills on either entry and especially
liquidation … just absolute thievery is all I can say .., does no good to B.I. Itch cuz
they don’t care one whit and will do nothing about it … just live with it, treat it as
a cost of doing business, and move on.
“Trading Ratios” [TR] inconsistent today, hopping all over the place … post NFP
sees USDJPY better than EURUSD, but both acceptable, although not ideal … it
just goes to show the choppiness of the trade today … hopefully next week sees
better conditions than this week … blog update on Sunday.
… 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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