I’m old enough to remember when the “fourth estate” [that would be the MSM for
you dumbed down Biden voters] held truth to power and went after government
corruption, malfeasance, and pure stupidity … now, all we have is propaganda
bundled up as North Korean news, whose only job is to try and make you think
everything government does is just dandy and for your own best interest … when
the press eventually sides with government in taking away all of your freedoms,
cuz that’s the real objective here, it’ll be too late to do anything about it … but by
all means, keep voting for idiot Libtards, who not only hate you cuz you’re a
“rube” and can’t be trusted to “think right”, but you’re dumb enough to keep
voting for them so they know you’re stupid and will accept anything, no matter
how dumb it is or against your own beneficial interest.
“Every hour that goes by, and another bank doesn’t go under, is a “victory” for
stocks!” … I read this yesterday and couldn’t stop laughing for about an hour
… that’s the “official” mantra now being floated by the Goebbels Institute arm of
Biden Communists who implore you not to make things worse by making their
boss look like an idiot … NEWS FLASH: “Biden doesn’t need any help to look
like an idiot.”
Can you spare $54 billion? … I just need a small favor for a while, as my
“Sugar Daddy” [that would be Saudi Arabia investors] has decided to cut me off
and not give me a further advance on my allowance … can you believe that?
…thank goodness the SNB [Swiss National Bank] turned the CNTRL-P machine
on and pumped up a small but helpful token of appreciation … I mean, you know,
I can pick up $54 billion practically anywhere, but it’s nice to have “friends” in
high places … “SO!, EVERYTHING IS FINE NOW!” … [Bwahahaha!] … so here’s
what the corrupt SNB did for Credit Suisse [CS] … financial “scumbaggery &
fuckery” taken to new heights … it “loaned” them money to buy back their
deeply discounted bonds on the open market at pennies on the dollar, and retired
the bonds at “par” on their books, thus generating instant & immediate profit
that they now call “capital” … voila!, instant capital! … what a fucking joke.
Sadly, that’s the answer all of the Elitists around the globe buy into … throw
massive amounts of CNTRL-P money into any problem and hope beyond hope it
goes away … well, at least until you’re no longer an Apparatchik and the mob
can’t blame you any longer … by the time SHTF, you’re comfortably parked in
that corner office of Squid or JPM with a 7 digit “consulting fee salary” giving 10
minute speeches at company sponsored chicken dinners for the sales force
… cuz if there’s one thing you can absolutely count on, it’s this … at some point
in the future, whoever is responsible for floating a corrupt, inefficient, negligent,
and wasteful bank named CS the largesse it needed to not go under [and it still
may], will end up in said corner office hitting it big cuz of the “quid pro quo”
.,, nobody will report on it, and nobody will remember … except me, I know
exactly how this shit works!
This is exactly what gold, and especially Bitcoin, seek to remedy … take fiat out
of the hands of the corrupt POLS, who create inflation and destroy wealth for
short term political & personal gain, and allow nobody to manipulate
counterparty risk cuz there ain’t none! … this truth is like showing Dracula the
cross, and throwing him a clove of garlic at the same time … POLS &
Apparatchiks shriek in horror at the thought.
Well, it’s sunrise in New York, and cuz no banks have gone under since Europe
opened, “everything is fine now!” and “Stock Bellies” can rally so that the
trading arms of the still solvent banks can offload shit they bought from those
that panicked in the selloff, and folks can “sell low buy high” as the natural
course of events … rinse, repeat, this is how the “Stock Bellies” game is played,
and if the banks get in trouble, they just make a call to the appropriate central
bank, and not coincidentally some Apparatchik is suddenly at a microphone
and it’s “elevator up” time once again.
I am “tweaking” the v2.1 algorithm parameters, as the trading universe we now
trade in, that didn’t exist 10 days ago but does now and into the future, is now
moving markets at FASTER THAN the “speed of light”, rendering too many
buy/sell signals obsolete … “it’s there, and then it’s gone” … it’s always moved
fast, but if anything the latest world financial crisis developments highlight in
spades the value of “rumors” & bullshit Wall Street is infamous for … “trade first,
get details second … remembering, the he who panics first gets to panic again
later!” … this shit isn’t gonna stop, and is only gonna get worse … and the 2
main beneficiaries of this are gold & USDJPY … on the m5 HAS Indicator, change
the MA period to “2” … on the m1 HAS indicator, change the MA period to “4”
… this keeps the ratio of m5 to m1 at roughly 5:1, versus 4 something to 1 before,
but more importantly makes the signals a Helluva lot faster than before … when I
developed the algo, before the latest “crisis”, I didn’t think I needed to be this fast
cuz in a slower market environment “false positives” may sneak in … I don’t think
“slow” is something markets are gonna have to deal with again
… maybe occasionally, but not consistently … the world has forever changed.
Turning to today’s “Slots-O-Fun” inside the casino, never … I MEAN NEVER
… underestimate the ability of government to change the rules or alter the
playing field to make sure 1) banks make money so the “skim” keeps coming,
and 2) specs will get SCREWED ROYALLY following common sense trading, and
taking positions based on news headlines … and BINGO!, BANGO!, BOOM!, just
like that the approved government whores at JPM line up to “save” Republic
Bank from their $25 Billion capital hole … see my shocked face … and gold goes
“tapioca” faster than Biden’s brain not working … first you pull in all the
“Chumps”, then you take their money … nice work if you can get it.
Before that, Miss Gimpy got skewered on a gold fill, and I got to listen to her
scream, B.I. Itch, complain, and B.I. Itch some more dealing with Coinexx
… gold today simply a nightmare … panic up / panic down / “V” shaped bottoms
/ inverted “V” shape tops /// and the slippage simply awful … seriously, these
Asshats should be indicted, but tell me something I don’t already know? … I
think it’s pretty clear that, although it’s a new trading universe we’re in now, gold
isn’t the trading vehicle it appears … USDJPY a vastly superior scalping / short
term pair to trade, and the dynamics of the trade are pretty clear cut … 1) moves
in close correlation most of the time with the direction of yield in the 2 YR.
Treasury Note [direction, not range of PIPS] … 2) if that’s the day’s game plan,
then “risk on / risk off” [RORO} takes over and moves in the “Spoos” will guide
YEN … gold shares some of this, but has a vastly different dynamic, even though
USDJPY & GOLD correlate well … just after the London Fix, I’ve switched my
primary focus to USDJPY … gold of course will remain in my crosshairs, but to
get me to trade it I’m gonna need to see excellent setups from the algorithm … for
every 20 we get from USDJPY, maybe gold gives you 1… without the slippage and
other associated horseshit LP’s are famous for … I’m not trying to play
“Whack-A-Mole” with the MT4, I’m just attempting to find the BEST pair that gives
us what we want from trading via the algorithm on a CONSISTENT basis … sure,
like I’ve said, there isn’t anything traded that rates 10 out of 10 … everything has
warts & blemishes, but nothing pisses me off more than slippage, and gold is
right at the top of that list.
How about a DOUBLE REVERSAL WITH HUGE RANGE for the day? … sure, why
not? … USDJPY giving out FREE plutonium balls … no need to jump out the
window, just take the lid off and wait 20 minutes … but from a short term trading
perspective, it’s hard to argue that USDJPY isn’t the best trading vehicle … I
thought gold was just as good … I thought wrong, and today proves it … of
course, since I switch over to USDJPY, it goes on a 3 hour straight up [off the m5]
blitzkrieg cuz JPM and others are saving Republic … short rates immediately
climb, “Stock Bellies” soar on the news that the world isn’t gonna end, and
USDJPY takes off and never looks back … well OK, tomorrow is another day, and
the way things now trade, every day is it’s own bull / bear market so tomorrow
could be vastly different.
One thing for sure, though, is that the version 2.1 algorithm models short term
price behavior better than anything I’ve ever developed or created … and the
more bat shit crazy [BSC] a market becomes, the better the modeling
performance … all that’s needed is tight spread and as little slippage as possible
… gold sometimes fits that bill, but too many times doesn’t … USDJPY, unless
the BOJ is intervening, almost always is OK … no trades for the PAMM today
… gold completely “squirrely” the entire day, and conditions there not anywhere
ideal … any questions, ask MIss Gimpy … I’m gonna try and trade the first part
of the Asian session tonight, and if YEN moves I’ll do some algorithm trades if
appropriate … then attack it again near the European open going forward … I
think this will give us MAX flexibility and profit potential … quite frankly,
USDJPY never sleeps any longer, it’s always doing something and being
squeezed … the world seems to demand it! … 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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