“USEFUL IDIOTS” IN THE BANANA REPUBLIC

 

“LIBTARDS & RINOS are today’s “useful idiots” for supporting terrorism!!”

If you can’t see the blatant hypocrisy of the Left, then you need psychological

help … the big irony that escapes all of them is obvious … if the terrorists got

their way, Libtards would be the first ones lined up against the wall and shot, or

beheaded, and I guess they don’t care much for your feelz! … Lenin called them

“useful idiots”, soon to be dispatched after using them … if you have a college

bound kid, don’t let them be indoctrinated and force them to an indoctrination

camp, that either costs you hundreds of thousands of dollars, or sees them rack

up “bigly & yuge” student loan debt they can never repay without great hardship

… they aren’t as stupid as you think BEFORE indoctrination, and that’s why you

should steer them to be “traders” … but once brainwashed into Libtard bullshit,

they’re gone! … and if you paid for this indoctrination bullshit, you’re an

accomplice to the “murdering of the critical mind”! … who’s the “useful idiot”

now?

Overnight Bitcoin explodes, up about 20% from a day or two ago … and yes, file

this under “can Sheeple be this fucking stupid?” … the “Gurus” say it’s cuz of

the imminent Blackrock ETF for Bitcoin … so lemme get this straight … anybody

can get a decentralized Bitcoin e-wallet with simply an email address and a

password … think Atomic or Exodus for starters … no hassle, no information, no

problems holding your crypto on a decentralized platform that nobody but

nobody can touch or fuck with … but oh no, I guess Sheeple in the Banana

Republic would rather have crypto, like Bitcoin, be held in a CENTRALIZED

exchange like Coinbase, where you provide them with every scrap of info on

yourself up to your first born, and then with the U.S. Government Gestapo

agency uniquely titled “IRS” can monitor everything you do … and if that wasn’t

enough, what’s to prevent Dictators like Der Fuhrer from closing the exchange

down and confiscating every single crypto coin that place holds for you? … why

absolutely nothing! … and so BTC rallies cuz of all the Dopes who are gonna

rush in and buy the ETF cuz Blackrock hosts it, and holds your Bitcoin for a

FAT FEE? … seriously, can people be this fucking stupid? … Bitcoin is rallying

cuz the Banana Republic is financing $1 TRILLION DOLLARS OF DEBT EVERY 6

WEEKS!, while BTC can never increase the number of Bitcoins in existence

… gimme a break!

Meanwhile over in the Clown College, the Repubs gotta problem … namely too

many RINOS [along with all of the DEM Libtards] to elect a true conservative

Speaker that would cut out of control spending and close the border

… therefore, said conservatives won’t go for another Uniparty Puke like

McCarthy, and so the Clown College is on “Fall Break”, complete with keggers.

Flat screen TVs, all the while picking up their undeserved paychecks for doing

absolutely NOTHING … and quite frankly, thanks to Matt Gaetz of Florida for

ripping off the band-aid charade of the Uniparty for all the world to see.

It’s worldwide PMI Tuesday … European PMIs were a train wreck … U.S. coming

up at 9:45 AM EST … PMI beat for the U.S. number, followed immediately with

haircuts all over the place … and then the infamous bank LP chop … however, I

will point out that on the MT4 m1 candlestick, the HULL MA Color didn’t take long

to start going sideways … and when you see the color of the slope go back &

forth [pink to blue, blue to pink], you should know that until a slope develops, if

you get into a trade it might be a very long day! … cuz without any kind of “wind”

behind your back from either buy or sell pressure, just who do you expect to step

up and bail your ass out? … right, nobody! … and eventually what happens you

get very tiny movements to spook the shit out of the wrong side, which are

nothing more than scumbag bank LP order flow fades … but in real time, you

don’t know if it’s a fade or not, and after a few of these, most traders throw up

their hands and give up … what went wrong? … you didn’t watch algorithm

parameters, which are there to not only protect you, but also to give you

forewarning of impending chop … and quite frankly, since the HULL MA is about

as good as it gets for “zero lag” effect with MAs, the HULL is very fast at

pinpointing changes in trend … unless you are very experienced, I would

recommend only doing buy scalps when HULL is steel blue, and/or doing sell

scalps when HULL is pink … and if they change back & forth too quickly, pick a

side of preference to trade until that time a decent trend develops … right now,

the only scalp market that I would entertain to do this is EURUSD … not gold

and not Bitcoin … if gold has the HULL pink, it’s pink for a reason, and that

reason is selling pressure, and more than likely your buy scalps better be

“Hoover Dam” quick, or you run the very real risk of the dreaded red spike

down … and then you’re fucked … given the “el quicko mucho” nature of red

spikes down in gold, especially when the HULL is pink, I much prefer to wait

until HULL turns blue and then buy the correction on the turn via the stochastic

oscillator and the VIDYA CMO … opposite for sells if that’s your choice … and

today provides a good example of this in EURUSD with the train wreck PMIs

and the move lower … pretty much pink the entire day and the sell signals are

right there in front of you.

We’re moving towards the London Fix, and gold is sickeningly quiet after early

AM sell stops hit … from that point onward a bucket of shit … EURUSD just

moves lower, now looking to completely reverse yesterday’s gain … like I’ve

said before, anybody attempting to position trade any of this FX shit, good luck

cuz you’re gonna need it, thanks to the manipulator central banker scum

… either scalp and take what they give you, or run the risk of constantly getting

stopped out of positions.

If it’s a day that ends in “Y”, time for another Treasury auction, this time “only”

$51 BILLION of worthless paper for the Uniparty to give to everybody but

Americans … gold awoke a little rallying $10, but unless shit heats up I’m

thinking we’re getting setup for a smash lower on more “negotiations” and

other diplomatic horseshit that is gonna disappoint longs … the party starts

when we get over 2K, not before … from a trading standpoint, a Helluva lot of

risk here being long and hoping for mushroom clouds to bail you out … the

hurricane goes orbital when we vault 2K, and then the ATH around 2070.

NO trades today for the PAMM in gold, as 1) the scumbag HFT LP basically

doubled the spread for no reason … another Coinexx “bait & switch”? … too

soon to tell, and 2) nothing really here after the early stop hunt, and then 5+

hours of the usual $5 bullshit of chop, before gold decided to rally about $10

straight … but my concerns remain after a $40 drop, namely that this is a setup

for lower … we never saw any kind of double bottom today off those sell stops,

nothing even close … and of course, the algorithm is not setup via its

parameters to capture “V” shaped bottoms … BTC exploded, and then did

nothing the whole day but go down to sideways, and EURUSD is/was a basket

case … no trades for “The Syndicate” either … 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 PAIN TRADE IS ALIVE & WELL

 

“Waiting for the manipulators is never easy!”

The saga continues … this dog poo [a/k/a “Stock Bellies”] will simply not go

down … good news, bad news, no news, it doesn’t matter, the corporate

buyback scam artists are back, and specs are piling into another FOMO, panic

driven buying spree come Hell or high water … FED PIE HOLES are sent out daily

now into the financial MSM warning about higher & higher rates, but nobody is

listening … the theory as best as I can make it is, “go ahead and raise rates

aggressively, that just means you’re that much closer to the “pivot” back to QE

and good times! … create a depression, that’s great! … that means rates will

tumble and I’m already long”! … and the more the PIE HOLES talk, the more

specs buy, and the pain trade simply continues.

The Monday after an NFP is a notoriously slow news day, with nothing on the

docket anywhere … no econ stats, no FED PIE HOLES speaking for chicken

dinners & outrageous speaking fees … just nothing … so it makes you wonder

how Turnkey’s THIEVING, SCUMBAG LP’S can keep a straight face with a 3 index

point spread in the DOW30, with an occasional 4 point print just to really piss

you off … cuz quite frankly, at those spreads, the “Trading Ratio” [TR] goes

below 3, and that’s not good, not good at all … on a nothing day, what a bunch of

scumbags … Friday was no picnic either, cuz we had the same thing there as well

… it gives me thought to maybe the DOW30 can’t be traded at Turnkey, with the

2 point index spread simply another “bait & switch” ploy we see occasionally from

these assholes, which they are infamous for … as for the “Spoos” & NDX100,

fugetaboutit! … these are rip off markets at Turnkey, with either notoriously high

spread & outrageous slippage [the “Spoos”], or simply outrageous slippage

guaranteed [NDX100].

And gosh, file this under “this never happens” … right at the London Fix, FX

pairs hit their high for the day, and the DOW30 hits its high as well … Europe

closes, and it’s “Thelma & Louise” within seconds, as the DOW30 tears lower by

over 200 index points straight down … see my shocked face, as the manipulators

screw Europe yet again.

One market I’d like to highlight today is gold … yes gold; warts, pimples and all

… lately, ranges have been decent [around $25], trends intraday have been well

defined, and most importantly the spread is back in the 20’s [cents] for most of the

European day to the London Fix … after that, the spread tends to climb some,

sometimes just pennies but other times a dime or more … when it comes to the TR,

gold is different than other markets cuz of the way it’s priced and the spread

… mostly hanging around 3, give or take a hair, but rarely going above 4, and

when it does go above 4+, it usually means there’s some wicked upside and/or

downside action in the cards [usually the downside] … as long as the Asian

session isn’t blown to shit from a range perspective, most of the movement is

gonna come mid morning Europe to the London close [about 5 AM to 11 AM EST],

although strong moves will continue through to the New York afternoon once in a

while … the key here, though, is the spread … if it can stay around 25 cents, it is

a decent trading market using the Netdania 10s charts via alligator for signals

… make sure the alligator parameter signals aren’t “clustered or cluttered”, but

spaced … I would also just use the HULL EMA 100 period as a directional

indicator on the MT4 m1 chart … when it’s sloping lower scalp, when it slopes

higher you have more flexibility to hang on cuz the “wind” is at your back … use

spikes in your profit direction to liquidate, which for me is LONG … I’m not

interested in shorting gold, but if you desire be my guest … it’s back in the

PAMM for now for trading, let’s see how it acts for us.

Given all of the interest rate hikes so far by the Lounge Lizards, with more to

come, gold has been remarkably resilient in the face of aggressively higher

rates … and if they keep hiking? … around the corner comes the depression,

followed by hyperinflation … the market is far ahead of the Dopes in the Eccles

Building.

Now into the New York afternoon, and what a difference a couple of hours

makes … specs FOMO, now they got no place to go … at least so far, the DOW30

rallies can’t hold now … the key event for markets is Wednesday’s CPI, where

everybody is looking for lower inflation numbers … tomorrow has the potential

to be a “snoozefest”, but we’ll see.

One algorithm buy signal in the DOW30 today … TURNKEY PAMM UP SLIGHTLY

… finally got a decent signal off of a break around 11:30 AM EST, but that’s the

only one … as per usual, the NYSE open is nothing more than a criminal

enterprise with attendant money laundering, so unless you like to play roulette,

the first 15 - 20 minutes of the cash day is simply a gamble … what a frickin’ joke

… not very happy with my entry fill, but the liquidation fill was OK … I guess the

scumbag LP decided to give me a break since the mugging, robbery, & rape on

the entry … gee, thanks fellas, what a deal! … if tomorrow’s trading conditions

in the DOW30 stay like today, I’ll be switching over to gold early on … I don’t like

getting ripped off, especially when there is no reason for it other than scumbag

LP GREED … so, we’ll see what tomorrow brings.

… outta here … “The future’s so bright I need 2 pairs of sunglasses 😎😎, and

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

-vegas

MASTERS OF THE “BAIT & SWITCH”

“And the “FAIL” here is strong!”

Bottom line is I don’t trust them … and my suspicions got born out today in

GBPUSD [Cable] right near the European open … WTF happened to that latency

time I’m supposed to be getting around 10ms - 20ms, and instead get nearer to

500ms, right along with getting bent over the railing and getting the unprotected

sex I didn’t ask for via the fills? … both of ‘em shit! … let the wailing & gnashing

of teeth begin … and it did in spades.

Sure, ears got burned, and I’m raising Hell cuz I told ‘em I would if they stuffed

me again in the dollar major pairs … and like night follows day, cuz they’re

nothing more than scam “bait & switchers”, we get stuffed again with empty

promises from Turnkey … take your dollar pairs and shove ‘em … they didn’t

clip us much, cuz I have to see with my own eyes first more than once, they’re

on the level … and in CFD’s & dollar FX pairs, Turnkey sucks … their bogus

“don’t worry we’ll get to the bottom of this” is laughable … and it’s back to

EURJPY & GBPJPY for the PAMM … and while this new platform is about 40%

faster, it will only help in what I know already are the only markets their

scumbag LP’s keep honest & fair bids/offers, and that’s the YEN crosses,

specifically EUR & GBP, cuz we didn’t get screwed by them on the other slower

MT4 platform … and right now as we head into next week after Monday’s Holiday,

where it’s biz as usual in Europe, I’ll be looking at EURJPY first & foremost

… quite frankly, even though we haven’t gotten burned in Cable/Yen by the

scumbag LP’s, I don’t entirely trust them there either … I feel more comfortable

in EURJPY … and while most might be somewhat surprised that EURJPY would

have better liquidity and better fills than either the numerator [EUR] or the

denominator [Yen], it’s the capital flows that keep the cross honest and mostly

liquid versus the individual components.

I’m disappointed they did this, but not entirely surprised … the only thing that

would truly surprise me is if they kept their word and delivered … sadly they

don’t … half truths at best, which can often be worse than outright lies …anyway,

one trade today in GBPUSD … TURNKEY PAMM DOWN SLIGHTLY … collectively,

we lost a golf foursome tray of Micky D’s Happy Meals … big whoop … I can’t get

to the bigger volumes cuz every time I test them with the meaningless shit in the

dollar pairs we get hosed … imagine how much worse it gets as the volume

increases? … so onto the cross Sunday night … not sure if the spread can hold

decent [probably not] but we’ll see … if nothings shakin’, it’s sleepytime until the

European open and we’ll see what goes on there … this newer platform with

about 40% faster latency [should be better but most likely it won’t be] is an

improvement, and we’ll see how it works out in the cross next week … logically

it will benefit us over and above what we had, but again we’ll see.

So in the end analysis, we do gain better latency but we have to stick to the

YEN crosses to see any tangible benefit … I guess that info is worth some Happy

Meals ONCE … today a trading joke in EURJPY … the daily candlestick barely a

pencil smudge “doji” it’s so small & pitiful … not entirely surprised by that either

… “Spoos” flying high cuz of the imminent depression about to hit the world, so

natch the FED has to lower rates and come down off of their “rate hikes forever”

mantra and not only save “Peter Pan” Kuroda and Japan but it’ll be QE+

FOREVER going forward … all of this portends good EURJPY action going

forward, and with proof positive better latency it will only help a good trading pair

conditions from before, become an excellent trading pair worthy of our attention

… too bad they can’t do and maintain this in other pairs and markets, but it is

what it is. 

Blog update on Sunday … outta here  … “The future’s so bright I need 2 pairs of

sunglasses”!! 😎😎 … Onward & Upward!!

-vegas