We’ve been stuck in this movie for far too long … we got the dump on the
Sunday night open that took gold below 2K, nice job FED … now it’s simply
reliving “pump & dump” right near the 2K level, with I’m pretty sure of a very
active “Rally Protection Team” [RPT] … and when the buying runs dry, look out
below! … we’ve seen this a million times before in gold, where it looks like
nothing can stop it from going orbital, and then the bottom falls out
“el quicko mucho” … why should this be any different?
And in case you haven’t noticed, the red spikes down are about as vicious over
& above any market trading … and as soon as the scumbag bullion banks buy
spec stops, up it jumps in microseconds, and if you try and buy that, you ain’t
gonna like the “mystery tick” fill you see next … quite frankly, there is nothing
more rigged than this anywhere … and then of course, after the robbery,
mugging, and rape, things settle down appreciably into a crawl ‘til next time
… there isn’t anything here approaching “trading”, only panic up/down … exactly
the way the FED wants it! … in other words, gold is not really tradeable … sure,
anybody can position it and pray, but do you have any idea what your reward /
risk ratio is? … it ain’t good, and in fact it’s lousy.
Tiny ranges, but we see $1+ m1s all over the place … and that only happens
when the spikes [up or down] are bullshit bullion bank hit jobs on order flow
… and there isn’t any way you can either trade it or protect yourself, cuz you
don’t know second-to-second what the news flow is, if any … this isn’t how
trading is supposed to be! … with horrendous slippage on fills, they got us all
by the cashew nuts.
No matter how fast the algorithm is, as constructed now, there’s no way it keeps
up with bullion bank “Scumbaggery & Fuckery”, and sooner or later you’re forced
to sell a red spike down on risk parameters, and “oh boy” watch the butchery on
the fill then!
From a trading perspective, I’m forced to go back to the DOW30 for the PAMM
… even with slippage there, it in no way is as bad as gold … and with current
NYSE session 20 Day Range MA of almost 400 index points, it has far more
algorithm buy signals than gold does in a 6 ½ hour session … advantage DOW30
by far, without the scumbag bullion dealer bullshit partnered with the FED … I’ll
be in the DOW30 starting tomorrow.
No trades for the PAMM today, just nothing to do in gold but get chopped up, as
panic up/down is the only thing going on, and it doesn’t last long at all … I see
what’s going on in here, and I don’t like it at all … from a scalping standpoint,
gold is nothing but trouble, mainly cuz you can’t define risk properly … it’s way
higher than you think … should have never left “Stock Bellies”, with the DOW30
the prettiest horse in the glue factory and the tightest spread with lowest
slippage … over at IQCENT, a decent day in XRPUSDT, with some nice signals for
scalps … “The Syndicate” UP APPROXIMATELY 0.3% on light volumes … just
grinding for yield is all … 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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