All these “experts” gathering in J-Hole, they’ve been about as accurate as Biden
has been the last 50 years … i.e., they’ve gotten nothing right! … their idiot
policies cause the problems, then they come up with even more idiotic solutions
to fix the problems they’ve created … quite frankly fellas, you’re gonna need a
much bigger CNTRL-P machine that goes “BRRRRRRRR” around the clock! … of
course, gold would fix all of these economic problems, and the “experts” know
this … the problem with gold, from the “experts” perspective, is that it CAN’T BE
CHEATED OR CORRUPTED! … in other words, there’s no “skim” built into the
equation for “Scumbaggery & Fuckery” when you use gold, and all of the
fractional reserve banking & hypothecation bullshit can’t happen … that means
global Elitists, like those gathered in J-Hole for their Summer “Hookers & Blow”
convention, want inflation, want asset bubbles, simply cuz it makes them richer
out of thin air … and gold would put a stop to this horseshit and return the
country to sound money … but nobody but nobody in “The D.C. Swamp” wants
that, and so they push the propaganda that 2%+ inflation is “good” for you … well,
if that’s true, Zimbabwe & Venezuela should be fucking paradise!
Over the first 140 years of the U.S. existence, the country had ZERO INFLATION
… since the FED was created, up to the end of June 2023, the inflation rate is
3,000% since 1914, 109 years ago [don’t worry Biden voters, I did the math for
you, so you can put the calculator away … you’re welcome!] … who benefited
and who got hurt? … only those that had some type of financial asset benefited
… those in the middle and lower rungs of the socioeconomic ladder got fucked
royally, simply cuz their work got less & less valuable as time went on, and the
basics of life got vastly more expensive … welcome to serfdom Sheeple, you
Dopes in the U.S. voted for it!
The only reason anybody even pays any attention to these Assclowns in J-Hole,
is cuz they have the CNTRL-P machine … they can do things that help or hurt
people … and you can pretty much assume with 100% certainty that the people
that get “helped” will be the global Elites, and the people who get fucked [again]
will be the middle class and lower … all wrapped up in mounds of bullshit
nobody can understand or comprehend cuz on examination it makes no sense
… take away what you want from it and trade is the silent message … cuz when
you trade, EVERY SINGLE “HOOVER DAM” TRANSACTION GOES THROUGH A
FUCKING BANK IN ONE WAY OR ANOTHER, and let the front running commence
in 3 … 2 … 1 … cuz as we all know, the “skim” is the only thing that matters to
these Assholes … “hey, mistresses got needs don’tchaknow!?”
I’ve been listening & advising “The Mrs.” & Miss Gimpy, as they make their way
from hopeless trading Dopes to hardened pro traders … some ideas and
thoughts they come up with can be shot down pretty fast with some critical
thinking, which isn’t a “dig or insult” to them, it’s just a reality … quite frankly,
there is ZERO room for ego in trading, the only thing that matters is profitable
trades CONSISTENTLY … whether that comes from the dog, a Newbie, or
anybody else makes no difference … over the last couple of weeks, both want
something from the v3 scalpers algorithm that cuts down “false positives” when
intra day session volatility [VIX] sags [like now in FX & gold] … with the amount
of ‘funny money” sloshing around the system from all over the world, there is a
limit to how low this session VIX can reasonably go … “one off” days below it
can be written off, so what we’re really after is consistency at low session VIX
… this can be very difficult to adequately capture with the VIDYA indicator on
the m1, as it flickers back & forth from Aqua [buy] / White [Sell] on even the
smallest of PIP moves … this lately has been a real problem in FX pairs like
EURUSD, where we’re getting multiple hours of trading action with vey low
PIP ranges.
This weekend I’ll be updating the v3 scalper algo to version 3.1, as I make the
following changes … 1) as of now, in “Download Links” OVER IN THE RIGHT
HAND COLUMN, is the “SUPERTREND” indicator … download it and install it
on the MT4 … 2) remove the VIDYA CMO 1.1 FROM THE m1 … 3) on the m15, in
INPUTS, the parameter settings should be at nbr_periods = 4, and multiplier = 1.5
… on the m1, in INPUTS the parameter settings should be at nbr_periods = 5, and
multiplier = 1.5 … choose whatever colors suit you … I use AQUA for UP, and
WHITE for DOWN.
When any market comes out of low session VIX, the SuperTrend will be almost
exactly the same as the VIDYA lines in calling the turn … when session VIX is low,
though, SuperTrend is better at minimizing the number of “false positive” signals
… obviously it won’t get rid of all of them, but a substantial number of them
disappear … quite frankly, I can’t see any kind of negative tradeoff with the switch
that might be significant … directly below, a screenshot of USDJPY with the
changes … m15 on the left, m1 on the right.
What I find particularly of interest, is the CFD @ IQCENT in the SP500 [”Spoos”]
CFD … since IQCENT uses Trading View [TV] for charts, SuperTrend is in the
library of indicators … and from what I can gather, it appears the price quote
bid/offer is about equal to maybe 1 index point above / below SIMPLE FX, and
about the same at Coinexx … however, @IQCENT although the spread stays
constant at 0.5 index points, pricing is out to 3 decimal places and changes to
the bid/offer are much smaller … this is to the advantage of the trader … the only
conclusion I can draw, is that the LP is hedging exposure via the ETF or ETN in
the SPY or SPX, either at the NYSE, or CBOE, or in 3rd market pricing at a place
like Jeffries … from what I can see, the spread doesn’t go out at all during off
hours, and you have the ability to use an m3 chart, something MT4 doesn’t offer
… cuz of the price differentials between CFD’s and the different spreads, and the
fact that charts go off of the bid price for charting, there will be minor differences
in the SuperTrend on different platforms … just keep this in mind.
Well, won’t the world’s most corrupt casino be busy today or what? … waiting for
Spicoli … I listened to his speech … my head hurts … what a pile of bullshit, acting
like everything is a flip of a coin, when in fact, STOP PRINTING FUCKING MONEY
IF YOU WANT INFLATION TO GO DOWN!! … not a single word about deficits, or
the stupidity of out of control governmentt spending on useless shit for the
“Free Shit Army” … quite frankly, there is ZERO hope for the Banana Republic
WITH DOPES LIKE THIS IN CHARGE OF THE CNTRL-P MACHINE!
And the pre-planned, staged rally in risk assets as he spoke, to give the illusion
that everybody loves what he said, gets unwound “el quicko mucho” as he shuts
the fuck up and sits down … and rates skyrocket, as if on cue … this was the
“save the bank trading desks who are long” speech … they sell to Dopes, then
the trap door opens as he finishes … markets as propaganda, inside the world’s
most corrupt casino! … having fun yet news traders?
For all of the bat shit crazy ]BSC] action once Spicoli stroud to the microphone,
and then after he shut the Hell up, about 45 minutes in total, ranges in FX were
not all that great … EURUSD lagging badly after the scumbag banks cleaned out
the order book, the YEN crosses were pathetic, and only USDJPY saved any kind
of action you could remotely call “normal” … gold got clobbered, and meekly
tried to make a comeback, but the range was terrible … it’s early yet in gold, and
it’s not quite ready for primetime … “Stock Bellies” all over the place, and quite
frankly with the way price direction changes so quickly, and there being no rules
anymore to where how far something can move, reward / risk ratios in any of
those indices is alarmingly bad for the trader … no trades for the PAMM today, as
Coinexx LP’s decided to use J-Hole as an excuse for widened spreads, especially
USDJPY … hopefully, now that the suspense of Spicoli’s speech is over,
conditions can return to normal via the spreads.
Over @ IQCENT, some light scalp algorithm trades in USDJPY for “The Syndicate”,
and we’re UP APPROXIMATELY 0.2% … once the lightning strikes from Spicoli
were over, not much here on a Friday, and once the London Fix came and went,
things dried up “el quicko mucho” in FX … with the change to v3.1 in the
scalpers algorithm, I feel comfortable trading a range of markets for the PAMM
when appropriate … EURUSD [if it can ever move again in an 8+ hour session
more than 20 - 30 PIPS], USDJPY which continues to be the bright spot for
session VIX once “Biden’s Gulag” [New York] gets in session [cuz of U.S. 2 &
10 YR. rates], USDCNH if the ChiComs back off fucking the pair up with
ridiculous threats of intervention [that lowers session VIX cuz traders are wary
of getting knifed in the back], GBPJPY when not everything in FX moves in
tandem, cuz in the YEN crosses it’s becoming “feast or famine” in terms of
ranges, and although the 20 Day Range MA is decently high and looks good,
averages can be deceptive when one day it’s got a 250 PIP range and the next
its 90, and finally gold [XAUUSD] when SHTF for real coming sooner than
most expect … the wild card here is gold, cuz the timing is uncertain.
For “The Syndicate” @ IQCENT, Bitcoin is lost, fallen down and can’t get up and
needs “The Clapper”, but EURUSD & USDJPY are about as good as it gets when
it comes to LOWEST COST TO TRADE ANYWHERE!, with USDJPY moving better
than EURUSD at the moment … that could be cuz it’s August and things slow to
a crawl in the E.U. most years [and this is one of ‘em], but there’s enough of a
dichotomy between the U.S. & the E.U. in terms of economic activity and rates,
we should … SHOULD! … get some decent trading conditions come September
… as for the BOJ, they’re just fucking crazy and at odds with the entire world, and
have been for a very long time … of all the FX pairs, USDJPY and by default its
crosses, are hyper sensitive to U.S. rate moves while the BOJ locks down
Japanese rates via yield curve control [YCC] … looking at ranges, the majority of
the days range comes in the last half of the day, which is for the most part the
U.S. session.
I’ll have more on the v3.1 changes to the m15 and the m1, along with some
examples, as well as an updated Adobe pdf for download [or reading online],
come Sunday’s blog update … until then.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
No comments:
Post a Comment