JUST ANOTHER WORTHLESS / USELESS DECEMBER MONDAY

 

“I got Jammies” just like these!!”

Thanks FED! … somebody spare me these Ass Clowns … markets so FUBAR

right now, they got no idea where they be goin’, so let’s go nowhere! … this is

no accident! … Cable just plain sick.

Might as well be useless & worthless, cuz that kinda describes me today … that

“thing” I caught did not go away quietly during the night … early this AM,

“The Mrs.” took me to the hospital for a blood test, as well as testing for

dehydration … I’m hydrated fine enough, and the blood test was negative for

any problems, so who knows? … back at home around Noon and what did I

miss? … NADA. Stopped at the store and got copious quantities of fresh fruit,

and in a day or two I’ll be fine … No trades in anything today … 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 START OF A NEW INFLATIONARY CYCLE HAS BEGUN

 

“In 5 years or less! … the Banana Republic is about to go Weimar!!”

Historians have noted, that a caving FED Chairman [Bill Martin] did the same as

Spicoli, when in 1965 he caved to LBJ, cuz LBJ wanted the FED to print cheap

money to finance the Vietnam war … the inflation that caused lasted a little less

than 20 years and didn’t end until Reagan became Preezy … how many hundreds

of times bigger is government now than back then … this new inflationary cycle

will be many times worse than anything you can think of, and may end the

Banana Republic as you know it … my prediction? … “Within 5 years that $100

bill will only buy you a loaf of bread! … you keep returning the “Uniparty” to

the Clown College, and voting for Marxist Libtards for Preezy, and somehow the

laws of money will remain the same? … Keep dreaming!”

Well now, that escalated quickly didn’t it? … the Lounge Lizards playing

“good cop / bad cop” … Spicoli the “good” cop, now comes Williams the “bad”

cop saying March is too soon to be cutting rates … and down goes Frazier!

… what a bunch of fucking nobody LOSERS who haven’t a fucking clue what

they are doing, except to create unnecessary chaos … retarded kittens on meth

could run monetary policy better than these Assholes! … EXIT QUESTION: “so

why didn’t Spicoli say this shit in his presser on Wednesday? … why the

good cop / bad cop bullshit? … who benefits from this game you’re playing?

… they need to be called out by the financial MSM hacks on North Korean run

CNBC, or Dumbberg, BUT WON’T! … call out the FED and you lose your job!

The phone lines must have been burning up with major banks screaming at the

FED to do something to stop this freight train higher in pretty much all markets

… remember, what is bought is sold to you by scumbag banks … Spicoli’s epic

“flip flop” has left the banks mucho short … well, trot Williams out for the splash

of cold water on everything that is hot, and it ends “el quicko mucho” … this is

how modern markets work, and it being a Friday with record history OPEX

[$3.1 TRILLION worth], and gains from Wednesday at a minimum, it’s a perfect

recipe for corrective activity to the downside … no need to ask who benefits!

And once he opened his mouth and said exactly the OPPOSITE of what Spicoli

said on Wednesday, it’s look out below … Cable gets monkey hammered of

course, gold gets battered of course, and given the dynamics of his comments,

who wants to buy anything now? … the problem? … these Assholes have no

credibility left … LESS THAN ZERO! … by next week, Williams will have changed

his mind about 15 times, and echo Spicoli as ALL of the Lounge Lizards get the

hymnal in the choir … simply looking at a daily Cable chart. It’s easy enough to

see it needed a rest with some corrective activity anyway, but the FED PIE HOLE

decided to give it a push off the cliff just to make certain his buds at JPM, Squid,

and all of the other virus scum on Wall Street got their correction and their books

squared away before the weekend … what a crooked pile of dinosaur shit! 

And this is how things are done in the modern era of central bank manipulation

… “If I went back to B-school, any chance they’d be teaching this?”

… Bwahahaha … and once it became patently obvious of what was going on,

there’s no way I want to be on the buy side of Cable today, or buy cheap gold

that’s gonna be cheaper still in 5 minutes … none of this shit has anywhere to

go on the upside today … No trades for the PAMM today in Cable.

Especially now, when we know with 150% certainty that these shit weasels will

change their mind at the snap of their greasy fingers, and end up screwing you,

that you have a reliable schedule of when they are to speak … Market Watch is

just the place. Directly below the link at Market Watch [MW] for the most reliable

calendar for FED speakers.

https://www.marketwatch.com/economy-politics/calendar

I always check them to see when these shit weasels are gonna flap their PIE

HOLES … forexlive.com is good for econ data, but often times they miss FED

speaking engagements … today a perfect example, cuz they missed Williams

appearance on North Korean state run CNBC. If you’re trading ANYTHING,

before you start your day, ALWAYS check the schedule and make sure you are

out of the market when these Dipshits speak, CUZ NOBODY KNOWS WHAT

HORSESHIT THEY’RE GONNA SPEW FOR THEIR MASTERS ON WALL STREET!

So going into his appearance on CNBC I was flat … Cable looked to be

bottoming after Europe took it lower, but I didn’t bite minutes before he spoke

cuz I know the damage these Ass Clowns do to any market that is highly

sensitive to interest rates, and Cable is near the top of the list! … and once it’s

over, it’s the “Loser Formation” until the London Fix, and then when JPM and

the boys take over, it’s pretty much right down the stairs … I want no part of this

as a buyer.

“Arb Scalps” have disappeared … over in crypto, looking at MATICUSDT, light

premiums all day long in the “Basis”, but nothing you can “hang your hat on”

as they are to skimpy … ranges in crypto from early AM simply awful

… MATICUSDT with an approximate 300 tick range … you know interest is

lagging when MATICUSDT is quoting a 1 tick bid/offer spread at Phemex when

it’s usually between 7 - 12+ ticks normally … whew, this stinks! … and so, no

trades for “The Syndicate” today cuz nobody in crypto really wanted to play!

… blog update on Sunday.

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

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

-vegas

END THE FED … POLITICAL HACKS WHO HAVE NO CREDIBILITY

 

“A lying, hypocritical, two faced "flip flopping” bag of flaming dog shit!!”

Yesterday’s FED hatchet job takes the cake! … clearly an election year ploy by

the Libtard FED Lounge Lizards to give the criminal, treasonous, Taliban loving,

sleepy ass Joe some help in 11 months … they have lost ALL of any credibility

they had, cuz this is purely 100% political … why just a little over 2 weeks ago,

they all were singing “higher for longer”, or aren’t we supposed to remember?

… inflation numbers, if you believe them, cuz I surely don’t, showed

government fairy tale inflation to be “only”4% [of course, ex food and energy,

cuz nobody needs those, right?]… yup, we got inflation “whipped”, the new,

new, new normal is gonna be 4% apparently! … ALL OF ‘EM!

… what a bunch of LYING ASSHOLES!

AND IF YOU ARE A “NORMAL” AMERICAN WHO SEES THEIR CREDIT CARD

BALANCE GET CHARGED 30%, and tried to buy a house but couldn't, what

must you be feeling knowing that lower rates should have been forthcoming

6 months ago, but weren’t, but now that we’re 11 months to 2024 elections,

suddenly these ASSHOLES discover religion? … maybe think about this next

time you walk into a voting booth, cuz you are being “played”! … and this is

exactly why I trade like I do, and why position players get destroyed … it’s cuz

of shit like yesterday! 

Clearly gold is back in play now … the market wind has violently shifted after

yesterday’s FED Lounge Lizard “circus act”, and I wouldn’t be surprised to

eventually learn that they’ve covered most, if not all, of their short positions in

gold prior to the announcement yesterday … 1830 to 2140 = $310 … half of

that =$155 … add 155 to the bottom at 1830 = $1985, and the market break

ended in the 1970’s area … then comes the “flip flop” and gold goes up $50+

“el quicko mucho” … nice feat of “financial engineering” by the most corrupt

hacks ever seen at the central bank … it remains to be seen if I’m right or not,

but one telltale sign I am right is that rallies going forward aren’t gonna be

aggressively sold by the “Rally Protection Team” [RPT] cuz the FED isn’t

short any more … we’ll see.

Meanwhile, the “Clown College” spends money worse than a drunken sailor

… TRILLIONS UPON TRILLIONS that have to be borrowed and NEVER WILL BE

REPAID!, except in cheaper currency with less purchasing power … anybody

that buys longer duration Treasury fiat is an idiot, and deserves what they

eventually get … how long this Ponzi scheme works is an open question, but

once the Saudi’s dump the dollar for oil, the end is close at hand.

Turning to today’s circus shitshow, given what the Lounge Lizards did, outside

of some long liquidations once the market gets lopsided LONG, all breaks for

the foreseeable future can be bought on algorithm signals, especially FX

… gold maybe … “arb scalps” were non existent today in just about everything

… for sure not as prevalent as the discounts seen on rallies … I’ll explain that in

tomorrow’s blog.

For the PAMM some trades in EURUSD, AND WE ENDED DOWN A MICKY D’S

happy meal … and of course slippage an issue in that, not surprising

considering we’re talkin’ about Coinexx, but it is what it is … and while I don’t

have major issues with EURUSD, I prefer GBPUSD cuz it’s faster, & has larger

ranges, both daily and NY session … tomorrow sees the PAMM go back to

GBPUSD [Cable] … and it “trades” better than gold.

Over at IQCENT, where did all of the “Basis Premium” go? … Is it vacation time?

… cuz of the impending Holiday season? … all I saw were “bigly & yuge”

discounts in the “basis” on any rally in crypto [MATICUSDT], and very tiny

Premium on breaks maybe, but nothing really considering how shit moves in

crypto … “The Syndicate” basically UNCH’D on the day in very disappointing

crypto action … onto tomorrow!

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

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

-vegas

CAN WE GET A LITTLE VIX PLEASE?

 

“My trader people just want a little VIX … how hard can that be?!!”

I know, it was the changing of the clocks that did it, right? … and so, we start

another Monday after Friday NFP Idiocy [historically the second worst trading

day of the month], with anything [excluding crypto of course] you can call a

“market” [cough, bullshit, cough], and you’ll get more action at the county

morgue than anything you’ll see from your screen … one surefire dead giveaway,

is the fact that the scumbag LP’s at Coinexx have increased the bid/offer spread

in GBPUSD [Cable], cuz with no action they need more money from those that

do trade to make up for the lack of any movement in the marketplace … and

they’re gonna get their money one way or another you can count on that, and if

that means fucking people so be it!

Meanwhile over in cryptoland, the sun barely up in “Biden’s Gulag” [a/k/a New

York] and we got crypto shining as bright as the sun! … and why not? … as the

only “true FREE markets” not manipulated to death by central bank

Apparatchiks every 90 seconds, they behave as markets used to behave before

the Japanese taught everybody in government how to manipulate for success

… with no scumbag banks and an almost 100% spec affair [along with “arb”

activity], everything you think you know about the psychology of “greed & fear”

on display for all to marvel at … and if you “tap into that” and follow the

algorithm, you’ll discover why you should be trading it as well … already today,

my favorite crypto pair XRPUSDT [Ripple] has an approximate 700 tick range,

and with trading at the 4th decimal place, a 1 tick bid/offer spread with NO

COMMISSIONS [THE VERY BEST & LOWEST COST ANYWHERE!], if you’re not

trading it, or another crypto pair, just WTF is it you want from a market, or from

trading in general? … WUT!!?

Well now, it appears Moses must have stirred up some “animal spirits” from

somewhere, cuz just like that Cable starts to melt down … maybe FX is

embarrassed by what crypto is doing? … maybe the manipulators realize we got

to let a little VIX out of the barn? … maybe a FED Lounge Lizard opened his PIE

HOLE for some “blah blah, yada yada” with some “higher for longer” bullshit on

state run North Korean MSM biz channel CNBC or Dumberg, cuz they got the

call from some bank that they need a little help with their short positions from

late last week? … file under “FX Manipulation” for $1000 Alex, and I’m going

with PIE HOLE bullshit!

Well, that certainly was uneventful wasn’t it? … and you thought those big ranges

in FX were here to stay? … Silly rabbit … the manipulators aren’t gonna let that

happen, and quite frankly they’re probably a little pissed off about last week’s

movement and resultant higher ranges as some specs probably made some

money … but that was last week, this is now, and the game changes in a

heartbeat when they say it does!

What a bag of dog shit for any traditional market today … embarrassingly low

ranges in FX … was gold even open? … wow, the DOW30 has a 100 index point

range, how can that be any worse given slippage and spread games? … and not

forgetting oil either, which might as well as been closed for the day … Nope, only

crypto saved the day, with one of the best days EVAH!!! In XRPUSDT, WHICH

LAST I LOOKED HAD ABOUT A 900 TICK RANGE! … I made so many scalp trades

in XRP for “The Syndicate” today, my fingers need massage therapy!

And I want to highlight the 2 critical areas you need to pay attention to in crypto,

to be a CONSISTENT PROFITABLE SCALPER … 1) DO NOT FADE MOMO,

represented by the A) ZERO LAG STOCHASTIC [ZLSTO] & THE ZERO LAG

MA [S] [ZLMA] LINES OF 96, 19, & 9 periods respectively in terms of importance

… 2) KNOW THE CRYPTO PAIR YOU’RE TRADING AND ITS “BASIS” TO A MAJOR

MARKET PLAYER.

And today, I want to focus on the 2nd part of this, which is knowing your “basis”

… pick any one of the following … Binance, Phemex, or Coinexx [an LP market]

… I use Coinexx for XRPUSDT cuz it’s on the MT4 and I can put the full algorithm

on the m1 candlestick chart … during the course of the trading day, the “bid” at

Coinexx in XRPUSDT will be -20 to +20 ticks difference from the 1 tick bid/offer

spread at IQCENT … anything between -5 and +5 is considered a neutral value

cuz while IQCENT HAS A 1 TICK SPREAD, COINEXX IS USUALLY 7 OR 8 TICKS

… SINCE i’M BUYING CRYPTO FOR SCALP PURPOSES [you could just as easily

pick the short side], I obviously want to buy, FOR NORMAL SCALP PURPOSES,

only when the 96 ZLMA is steel blue [up slope], and when it’s pink leave the trade

alone … then I want to see the 9 & 19 ZLMA be plum & aqua respectively … I then

look for scenarios where the basis goes negative [price at IQCENT IS LOWER

THAN BID PRICE AT COINEXX], and when I see the Coinexx price spike, I buy at

IQCENT … normally, you got about ½ a second before the price adjusts higher

… you snooze, you lose! … if I want to be aggressive in my buy scalps, I’ll also

do it if the 96 ZLMA is pink but the other 2 are plum & aqua [up slope in both]

… I did that today cuz of the big range to the upside, figuring that a reversal

type day when the range is 900 ticks is a very, very low probability … cuz if you

just go in at IQCENT and buy XRP on an algorithm signal, and you don’t know

where the basis is currently at, if it’s above +10, you more than likely going to

see your position struggle if at any time the market slows down from a rally

… they will take that “basis” trade away from you in a heartbeat! … granted,

it takes some getting used to and there’s a slight learning curve, but if it was

sooooooo easy your deadbeat Uncle Eddy from Lower Alabama [for you Biden

voters, that’s the panhandle of Florida] could do it, HE’D BE DOING IT! … and

obviously he ain’t, so do very low volumes and learn to do it! … don’t make

this “rocket science” cuz it ain’t, just teach yourself the mechanics I’m

writing about.

No trades for the PAMM today in Cable … seriously, not for lack of want, but for

lack of any VIX to the upside in any way, shape, or form … onto tomorrow … for

“The Syndicate” over at IQCENT, I’m gonna need a bigger shed and a forklift to

put the XRPUSDT trades in … wasn’t expecting a 900 tick range today, but

welcome to crypto … “THE SYNDICATE”” UP APPROXIMATELY 0.8% ON VERY

LIGHT VOLUMES … only cuz the range was blown out when I got to my screen,

and the market was a bit extended anyway … well, it got more “extended-er-er”

as the day wore on … perhaps Moses got his wish! … cuz he never mentioned

which market, only more VIX … everything is always in the details isn’t 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