FOCUS ON IQCENT CFD MARKETS

 

“Easier said than done!!”

Today’s focus on the blog are the CFD markets at IQCENT … THERE ARE ONLY

4 THINGS THAT MATTER IN TRADING … 1) cost to trade [Bid / Offer spread +

commissions if any] … obviously the lower the better … 2) trading conditions,

specifically is there enough VIX for profit opportunity movement, and is slippage

on fills a factor? … 3) leverage available for trading … the higher the better for

accounting purposes cuz it gives a trader the MAX amount of flexibility … and

4) is the market you’re trading truly a free market or is it manipulated by central

banks and their BFF scumbag buds, the so called “liquidity providers”, which

can be banks and/or HFT’s? … answer these questions adequately, and you know

if the market can be traded … if not, leave ‘em alone Skippy!

Crypto, most notably Bitcoin [BTCUSDT], only comes up short on one criteria,

and that’s leverage … at 10:1, or 10% margin on notional size of your trade, BTC

better be moving somewhere or else your profitable opportunities won’t be that

great … if the range is there and VIX is normal, then BTC is as good as it gets

… but when BTC goes “sleepytime” and into chop mode, it’s time to look

elsewhere for profits … for me personally, if the 20 Day Range MA in BTC is

LESS THAN $1,100, I’ll trade something else.

The 3 U.S. “Stock Bellies” [SP500, DOW30, & NDX100] are at the top of the list

for trading … 1) spreads excellent with no commissions, 2) usually enough VIX,

3) LEVERAGE for margin purposes of 500:1, which I don’t know of any other

house that goes that high, and 4) the paradigm for trading is still the “88/6/6”

model, which has been in place since the great crash of 1987 … we know these

indices are highly manipulated via the “Plunge Protection Team” [PPT] of the

FED, and thus long positions for scalping are definitely preferred … and while

not technically on the list, the fact that a very large percentage of the days range

comes in the New York session [8 AM EST - 4 PM EST] allows us to manage time

better for trading … if Bitcoin ain’t moving and is stuck in mud, one of the 3

“Stock Bellies” indices will be my choice for trading for “”The Syndicate”.

FX is comparable to other houses, but I’d stick to the dollar pairs, as the non

dollar crosses have slightly higher spreads … again, LEVERAGE is key here, as

EURUSD IS 500:1, GBPUSD & USDJPY ARE 300:1 … far higher than most

houses … as for gold [XAUUSD], it’s like gold anywhere else, with a slightly

higher 5 - 7 cent spread, but with no commissions … to sum up, the real

standout CFD’s are 1) BTCUSDT, and then 2) the U.S. “Stock Bellies” … quite

frankly, at 500:1 LEVERAGE for margin purposes, and the way any of the indices

moves during the New York day, for any and all types of traders, even the most

aggressive among you, IQCENT offers the most FLEXIBILITY OF ANY HOUSE

I’VE TRADED AT! 

Even if BTC is moving, limited leverage of 10:1 hampers profitability, and with

the availability of the high leverage at IQCENT in any of the 3 U.S. “Stock

Bellies” indices, even with higher costs to trade than BTC, one could make the

argument it’s better to trade any of the 3 versus BTC cuz you’ll make more

money on your trades … at the very least, you have the flexibility to make the

choice for yourself!

Everything you saw in gold today, are the reasons it makes for a terrible trading

market … inside another small range, extremely inconsistent VIX throughout the

day, and horrific spikes from Hell, both up & down on 4th rate econ numbers at

best … add to that the usual spread bullshit seen most days AND slippage, and

you got an untradeable market … just awful … and nothing says awful better

than USDJPY going nowhere and doing nothing for 8+ hours … but wait!, there’s

MOAR! … how about some FED Pie Hole bullshit? … “hey, I got an idea, let’s

skip a meeting for raising rates!” … did you Asshats get positioned first? … and

just like that, all Hell breaks loose around 1:20 PM EST.

Again, markets [cough, bullshit, cough] only move on POLS, Apparatchiks, or

make believe, fairy tale numbers from the math whiz kids … might as well be

playing roulette, the wheel is more honest than anything this shit has to offer

… and to add insult to injury? … Bitcoin can’t move to save its stinkin’ life on this

side of the world … no trades for the PAMM today, conditions are terrible … over

at IQCENT, no trades for “The Syndicate” as well … just pathetic markets for

trading … onto tomorrow.

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

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

-vegas

THE UNIPARTY PROPAGANDA MACHINE GOES FULL THROTTLE

 

“The debt ceiling “deal” must pass to save the children!!”

Took yesterday off cuz nothing was happening and markets in the U.S. were

closed … but as we all know, the “Uniparty” [Libtards & RINO’s] marches on with

their never ending thirst for more power & money … not to help you, but to enrich

themselves along with other world Elites currently in favor [see Ukraine for more

details, especially the guy in the workout sweatshirt.] … so here we are, and now

the real propaganda machine of the uniparty swamp can go to work with gusto

… grab the popcorn.

“Markets” [cough, bullshit, cough] eagerly await some kind of positive spin from

this, which there isn’t any in the real world, but that won’t stop anybody who

knows how manipulated markets work from bidding them higher … utter insanity

has gripped the NDX100, where somebody tell me how higher rates translates

into higher tech stocks? … AI the current “dot.com” bubble boom fad, with a

public that can’t get enough of worthless stock from companies that can’t turn a

profit but have plenty of hype … and if you’re older than about 2, you know how

this always ends … this time won’t be any different … meanwhile, gold rallies

$20+ off its lows overnight, natch, cuz late Asian session buying sparked the rally

… as I told you before, New York can play all the games it wants with the

“Comex Con Game”, but the ChiComs are and will continue to support gold &

other precious metals cuz their public is officially buying it … only the idiotic

FED Lounge Lizards are selling paper gold.

And great, as “Biden’s Gulag” [a/k/a New York] opens, gold has a $24 range

overnight … wonderful, what does history say about days like this when this

kind of shit happens? … it says “Ughhhhh!”, cuz there’s now a high probability

of nothing but bullshit, scumbag bullion dealer bank chop … not always, but

usually … and to add insult to injury, we start the day off with an offending

bullshit spread of 30 - 45 cents cuz they can … cuz when it doesn’t move, the

scumbag dealers have to make money from somewhere, and if you trade this

shit, you’re it! … a higher spread guarantees them money while at the same

time almost guarantees you losing … maybe things pick up and the spread goes

back to normal, but then again maybe it doesn’t … we’ll see … this has ALWAYS

been a big problem with gold … free market my ass, it’s as manipulated as

anything there is on the board thanks to the FED, but at least now the ChiComs

are supporting it … there will come a day when the world can get rid of the

LBMA and pricing can reflect a somewhat true market … we ain’t there yet.

Now that the criminal, money laundering NYSE open has come, if you want to call

this “trading”, go ahead and be my guest, it’s more like spins of a roulette wheel,

especially in “Stock Bellies”, where any and all semblance of reality is gone from

the equation … when does the NDX100 go to the “pink sheets” for trading?

I’m waiting for the NDX100 to go to Vancouver, right along with all of the other

penny stocks of note through the decades … a bigger joke I don’t think has been

seen since the “dot.com” bubble in 1999 when bio-techs were gonna take over

the world … now it’s “AI” … stupidity never goes out of style does it? … today’s

“Slots-A-Rama” goes full retard basket of kittens on meth over in the Clown

College, where the “fighting squirrels” wing of “Clown University” sees the

“rules committee” have a go on the now infamous Fuhrer Biden & RINO

McCarthy debt ceiling deal … all keno boards will stop in hushed anticipation to

see whether or not the bill goes to the floor … but of course it will, we just need

some drama in this Kabuki theater of the absurd … if you’re keeping score at

home, just remember Repubs ALWAYS CAVE, and you won’t be far off the final

score … B.I. Itching & complaining aside, Der Fuhrer can take his nap, have

some pudding, and get his diaper changed on time without worry.

We might as well rename today as “scumbag bank grab the spec money day”

… with the Clown College FUBAR-ing everything in sight, and in the process

making dictators across the world look good, there’s plenty of “scumbaggery &

fuckery” to go around the horn in what used to be called “markets” [cough,

bullshit, cough] … Hell, even Bitcoin is confused and sitting!

The only choices the PAMM has to trade anything is gold, and as a poor “plan B”,

somebody could make a case for USDJPY … gold today simply a joke, with

variable spread pricing all over the place at Coinexx, the official site of

“scumbaggery & fuckery” from thieving LP’s, ever since their merger with

Turnkey Forex … now we got the best of both worlds of piles of shit, where

ONLY gold and occasionally USDJPY offer any hope … I’m really reluctant to go

back into USDJPY, cuz while sometimes it behaves, Coinexx LP’s have a very

high tendency of sticking you with horrific slippage on fills, that can be many

PIPS off the market … ditto with gold, but with gold it happens everywhere

… USDJPY from what I’ve seen only at Coinexx, and before that Turnkey

… remember, Coinexx bought out Turnkey to get at its bank server platforms, not

for its customer base … and so, expect the same kind of problems with certain

markets … and when they stick you with shit fills in USDJPY, you got almost

ZERO chance of ever seeing daylight on a profitable trade … and when they do

it on both sides, it’s salt PLUS lemon juice!

Over at IQCENT, “The Syndicate” has much more flexibility in terms of what we

can trade successfully … yes, BTC has great pricing, but when it sits there and

doesn’t move [like today for instance], what good does that do us? … at IQCENT,

leverage available on their CFD’s is margined at much higher levels for max

FLEXIBILITY … gold 300:1, USDJPY & ALL OF THE “STOCK BELLIES” AT 500:1

… with no commissions and spreads comparable to Coinexx in terms of pricing,

the $64,000 question becomes one of slippage … so far, I haven’t experienced

any significant slippage like I have for the PAMM at Coinexx … so if BTC goes

“cold”, “The Syndicate” can quickly move to USDJPY AND/OR “STOCK

BELLIES”, or even gold.

Nothing pisses me off more than a “mystery tick” fill getting horrific slippage

from one of these scumbag LP’s … it’s different in crypto, but the fact remains,

places like Coinexx do ABSOLUTELY NOTHING to mitigate slippage via their LP’s

… “you picked them, at least you could call them on the carpet over shit fills, BUT

YOU DON’T! … YOU DEFEND THEM WITH, “Duh, market conditions, DUH!” as

your only excuse!” … fact is, for the PAMM, I can’t do what I do for “The

Syndicate” cuz I can scalp successfully at IQCENT, but you can’t do that at

Coinexx cuz of their thieving LP’s … scalping is for them to do to you, not the

other way around, and they have the means to effectuate conditions in their favor

and against traders … quite frankly, I haven’t seen that at IQCENT, and so I can

easily scalp BTC when it’s moving, or any other CFD!

Well, it appears there are some Repubs that are a tad upset over the debt deal

… well maybe, and it’s just a thought, you shoulda thought about this when you

elected this piece of shit RINO Speaker to begin with back in January … you

bought the bullshit, now reap the whirlwind! … so far, talk is “tough, but do you

have the cajones to vote “NO”? … I’ve seen this rodeo before from you pukes, so

color me highly skeptical … “Stock Bellies” not liking this unsavory talk, gold is

waffling around 1958 and not really doing anything and hasn’t all frickin’ day, and

Bitcoin is on vacation … USDJPY has simply chopped around a 30-ish PIP yo-yo

from Hell for the last 8+ hours, so there’s Mr. Slim Pickens there as well … ALL

held hostage by the Kabuki theater over in the Clown College … Note to Member

Clowns: “make sure you get positioned how you want before lightning strikes in

your favorite mistress fund market, OK?”

Another Western Hemisphere bullshit day, filled with the antics, “scumbaggery &

fuckery”, thieving, money laundering, and the playful back & forth by POLS &

Apparatchiks to micromanage every frickin’ squiggle in propaganda markets

… not for your benefit, but their BFF the scumbag banks … banks pay “skim”,

you don’t pay shit!

It would be nice to see gold either 1) actually “trade” some in New York going

somewhere [Hint: up or down fellas], OR 2) not have to deal with exploded ranges

already in the books from overnight, thus guaranteeing a shit yo-yo day inside a

“Flying Wedge of Death” [FWD] with tiny range … but no, can’t have that … got to

control VIX instead … and as far as “Plan B” goes, why should USDJPY move?

… might as well control that as well, which of course they do … given the news

flow, a 30-ish PIP range is an insult to the concept of a market … maybe tomorrow,

or when the Banana Republic actually defaults, which I dare say would rile things

up some, maybe then shit can actually move faster than a slow crawl. 

No trades for the PAMM today, the day over before it began cuz of overnight

price action and movement that saw the 20 Day Range MA hit and/or exceeded

before New York even opened … what bullshit … and then we get the crumbs

from JPM and the other criminal banks as they rub their slimy hands in glee

… maybe tomorrow it can trade … over at IQCENT, “The Syndicate” UP

APPROXIMATELY 0.4% on some USDJPY trades … BTCUSDT dead in the water,

and trade conditions good in USDJPY … these are trades I just can’t do at

Coinexx cuz of their thieving LP’s, cuz they were scalps more than day trades

… all in all, even though it’s kinda tough to tell exactly, it appears the spread is

0.4 or 0.5 PIPS in USDJPY with no commissions, and we didn’t suffer any

slippage on fills … just followed the alternative algorithm on the MT4, and did the

trades on IQCENT’S platform with the m3 chart up for perspective … earlier I said

USDJPY had 500:1 leverage, but it’s 300:1 … sorry for the error, but that’s still

really good for margin purposes, although I wouldn’t go that high … we’ll see

what conditions are like tomorrow and whether or not we get hosed by Coinexx in

the PAMM … really, the market isn’t moving that fast, so there shouldn’t be a

problem … but I’ve been down this road before with these Asshats, so we’ll see

what gives … it would be nice to get some decent gold trading, but bullion LP’s

are doing their best to thwart decent trading conditions … so we’ll see

… onto tomorrow.

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

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

-vegas

SUNDAY UPDATE: FUHRER BIDEN & RINO MCCARTHY 💕

“The “Uniparty” mascot wants you to see how pretty she is!!”

Oh, what a relief! … Fuhrer Biden & RINO McCarthy have “cut a deal”, in which

Repubs cave, natch! … ZILCH in spending cuts, but instead a “cap” [right, sure]

for 2 whole solid years! [oh, the horror & sacrifice of the “Deep State Swamp”

bureaucracy for not having unlimited play money for 2 whole years!] … and for

that monumental sacrifice they up borrowing another $4 TRILLION, which will be

hit again in about 20 months or LESS … normal Americans will suffer higher

inflation, higher interest rates, and a lower standard of living so 1) the guy in the

workout sweatshirt who runs the Ukraine corruption machine can have all he

wants, 2) more “woke” bullshit shoved down everybody’s throat, and 3) we get

that much closer to “financial Armageddon” cuz this shit can’t be sustained

… already, the largest spending item in the federal budget is now interest on the

national debt, and it is starting to exponentiate from here right up the frickin’ wall!

The de-dollarization of the world economy is hustling along briskly, oblivious to

most Americans who are dumber than a bag of carrots … give the masses

iphones, an EBT card, and worthless promises, and you can control about 80%

of the Sheeple inside the U.S. with no problems at all … they’ll accept all of the

woke bullshit thrown at them for “free shit” from government … just one small

problem, as Maggie Thatcher so eloquently put it some 40 years ago

… “socialism is great, until you run out of other people’s money!” … and the

U.S. of China is at that point in the math equation where things are starting to

get “sticky” … won’t be that many more months before the Banana Republic

goes full throttle Venezuela … so for those of you who think this “deal” from the

Uniparty is a good thing, think again … it simply “kicks the can” down the road

some more for a few more months, and quite frankly when the recession /

depression hits it’ll come faster cuz the government & the FED Lounge Lizards

will panic and hit the CNTRL-P machine button for infinite money printing that’ll

make the COVID inflation bullshit look like a frickin’ picnic in the park!

If there’s any good news in this heap of bullshit from “The Swamp”, it’s this … you

got a little more time to protect yourself from the ravages of government … trust

me, it’s coming … buy physical bullion [I recommend BullionStar in Singapore],

and diversify into crypto between Bitcoin, Ethereum, Monero, and stable coins in

a DECENTRALIZED WALLET outside the clutches of government [there are many

good DEFI wallets … for ease of use, safety, & privacy, I recommend Atomic and

Exodus] … under no circumstances do you leave crypto inside a centralized

exchange in the U.S., like Coinbase … Fuhrer Biden & his crew of Communists

can confiscate that in a heartbeat!

Gold, and to some extent Bitcoin, has had a pretty rough few weeks in terms of

price action … gold simply cannot keep a bid on the screen, EXCEPT IN THE

ASIAN SESSION, where the Pac Rim crowd including the ChiComs are heavy

buyers … however, get to this side of the world, and gold slides faster than

Biden climbing stairs … quite frankly, this is simply the transfer of precious

metal from West to East, and once gold hits the Pac Rim, it doesn’t come back

out! … for all practical purposes, it’s gold, silver, & others like platinum that

won’t see the light of day in Western hands ever again … it’s basically lost to

the market.

The day is fast approaching when the criminal gold cartel, made up of 1) the

LBMA [London Bullion Market Association], 2) the COMEX, and 3) the FED

through its “Rally Protection Team” [RPT], will dissolve and go the way of a

squirrel fart … we aren’t there yet, but cuz of Basel III new rules effective with

2023, EFP transfers from paper to physical have become easier … add to that

the increasing hegemony of the Shanghai Gold Exchange is gaining some

serious momentum … maybe it’s gonna take a bullion dealer going down, or a

major Lounge Lizard policy mistake, or an announcement out of China from the

ChiComs that they are willing to buy everything at a substantially higher price

and in the process bankrupting the FED short positions, but at some point gold

is a market set to explode higher … we’ve seen what happens when a few banks

go under … imagine the entire system going down … and that’s not even

considering what happens when the Banana Republic can’t borrow enough

money for the “free shit army” at any interest rate!

Directly below, this week’s 20 Day Range MA’s for selected markets.

click on table to enlarge

Onto the week … OUTTA HERE … “The future’s so bright I need 2 pairs of

sunglasses 😎😎, and my own Brinks armored truck” 💓!!

… Onward & Upward!! 

-vegas