“Auto sensory switches have been activated!”
Most of what 2021 imparted onto us from a trading perspective was NOT good
… there are some bright spots, but in traditional markets typically available on
MT4 / MT5 trading platforms, this has been a dismal year … first the traditional
market highlights … 1) world “Stock Bellies” had their moments, but nothing
compared to the FED manipulation circus enjoyed by U.S. indices … pick your
poison; “Spoos”, DOW30, or NDX100, they all end up roaring higher via the
“Plunge Protection Team” [PPT] efforts, and the never ending CNTRL-P money
printing that artificially caps interest rates at very low levels and allows zombie
corporations to float debt to do stock buybacks … and those buybacks
eliminate stock float, raise EPS, and cause stock prices to inflate at every
opportunity, all the while making members of the Board of Directors filthy rich
via stock options, as the company doesn’t do Mr. Jack Squat in terms of
producing anything of value … it’s all a financial Ponzi Scheme.
And 2) crude oil [both Brent & WTI] had a stellar year, with 20 Day Ranges
expanding steadily over the course of the year … gone is the 2020 pandemic
hoax freefall that culminated in the April 2020 futures contract going off the
board at -$40 per barrel … OPEC+ got smarter, demand for oil came back
quickly, oil oversupply got worked off, and “Taliban Joe” did his best to kill
U.S. domestic oil production thus further tightening supplies.
As for the bad news from 2021, it’s pretty simple … the entirety of FX, including
gold, sees further loss of trading volumes & liquidity as specs of all shapes &
sizes desert the space for greener pastures … all that’s left is institutional
money flows, which the scumbag banks front run … and that’s it! … the space
is dead meat and getting worse … how do I know that? … EASY PEEZEE:
‘traditional forex heavy brokerage houses are now starting to offer commission
free trading for months on end … why do you suppose they do that, cuz they’re
so profitable and want to share the wealth?" … right, and I got some Atlantic
ocean farmland to sell you, if you’re interested … they’re trying to generate
some volume, which has left and ain’t coming back … gold is simply so over
manipulated via the bullion banks it’s not even worth discussing … the rest of
FX is a trading joke … stack up ANYTHING in FX and compare it to either
“Spoos”, crude oil, or anything in crypto, and any objective analysis will show
quite easily it’s time to leave FX for good.
Then there’s crypto … what a year, what a year! … the highest VIX anywhere
in any market space, technological advances that see “open order book” [OOB]
platforms proliferate, razor thin spreads, and the ability to GET PAID FOR LIMIT
ORDERS … there has never been in the entire history of trading any group of
markets that are better for scalp trading than crypto pairs … for the most part
all available offshore in total privacy, security, and anonymity cuz there is NO KYC
… of course government hates it, they can’t control, manipulate or tax it so they
“poo-poo” it at every opportunity … cuz if I know anything, I know government
at all levels hates with a passion all specs who trade any market, and the FED
especially does everything they can to destroy spec traders by manipulating VIX
… boo hoo, they can’t do that with crypto! … and the CNTRL-P machine doesn’t
mean shit in crude oil either, and can’t produce or deliver a barrel of oil
… boo hoo again.
The year of 2021 has overall been a decent to good year for “The Syndicate”
… started at the end of November, first part of December 2020, we’re at the end
of our first approximate 13 months … during the year, we had the May crash of
BTC and the alt-coins, followed by 2 months of really low range bad trading
conditions that didn’t see me do much of any trading … that picked up again
quickly, and until the second week of December this year, when conditions dried
up “el quicko”, we haven’t seen a pickup but only slightly … the proof is in the
pudding so to speak, as over the last 2 weeks, 20 Day Range MA’s in ETHUSD
have dropped about $120, losing MORE THAN A THIRD! … to do that in such
short time, simply means there are many really bad trading range days in there
… so here at the end of 2021, “The Syndicate” is UP APPROXIMATEY 102%
FROM INCEPTION … that includes trading profits and investment in Ethereum
from around $2,000, as the trading account is held in U.S. Dollars … that
means that original participants who put in $250 worth of BTC, now have a
hair over $500.
Looking ahead into 2022 FOR CRYPTO, there are some developments that need
to be recognized … 1) I’m no longer trading “spot” markets, cuz the commission
free aspect has been discontinued, and so I’m trading leveraged perpetual
futures, mostly in ETH cuz it's the closest to a “perfect market” you’re ever going
to find .. at times other alt-coins exhibit those characteristics and I trade them as
well … DOTUSD [PolkaDot] was a favorite for some weeks, before falling off the
wagon and volumes & liquidity dried up for my liking … but overall, ETHUSD
remains my favorite crypto pair … 2) for most of the year, I didn’t have much of
my own funds in “The Syndicate” … the Mrs. has stepped up and added larger
amounts … and overall, I’m ready to boost leverage some for even better results
… bottom line is I will be disappointed in results for 2022 if they aren’t
SUBSTANTIALLY GREATER THAN 2021 … for participants, it means we’re on
schedule to see ALL OF YOU in the “millionairehood” within the next 3 years or
so, plus or minus some months of leeway … so, there’s reason to cheer at the
end of 2021.
Priscilla The Trading Gorilla [PTTG] will be starting to trade her “c0c0nutz fund”
starting Monday in the new year, from funds received from algorithm sales and
those that chose her more aggressive style … all of you that purchased the
algorithm will see her start to trade come Monday … for both her and
“The Syndicate”, starting Sunday, January 9, 2022, there will be results posted
for the prior week, including a chart of weekly NAV going forward … this will
also be done for the Turnkey PAMM … PTTG will post her results on her
website at
www.c0c0nutzfund.blogspot.com
As a convenience for my readers, I have linked to her web page in the right
hand column … simply click on the pic and you’ll be directed to her website.
There is literally ZERO trading activity today in “Spoos”, now into the New York
afternoon with a 12 index point range since the European open around
3 AM EST … yea, that’s no typo, simply sick trading conditions … crude oil [WTI]
doing better, but still way below its 20 Day Range MA of $2.65, with a range since
5 AM EST of $1.62 … that’s way better than I originally thought it would be today,
and there have been some really good algorithm buy signals … I literally chose
not to trade today simply cuz volumes & liquidity everywhere and in every
market are unbelievably thin to say the least … had I known oil would even come
close to this today, I would have been ready to trade it … this just proves the
dynamics of today’s oil market, where supplies are unusually tight for a variety
of factors … once we get into next week after New Year’s this weekend, this
complex looks set to really outperform both in price and VIX … nest week also
sees an OPEC+ meeting on the 4th, but not much is expected to change … still,
oil has been higher now for 7 days in a row, and you know what happens when
anything attempts to go parabolic … at some point next week, there’s gonna be
some sell stop hunting … my only hope is that it isn’t confined to the Asian
session … we’ll see.
For the “Spoos” there’s a date on the calendar for a “reckoning”, and most likely
it comes concurrent with a drop in oil … dunno, we’ll see … and despite the
higher “dot plots” and calls for aggressive tightening, I’ll believe it when I see it
… and “Stock Bellies” look poised for more “bubble” moves higher, the only
question being can it actually “trade” on its journey or is it gonna be more of the
same “straight shot” scheme we see from the manipulators … make no mistake,
the FED’s only metric they care about is the price of the SP500 … everything
else is bullshit, so don’t buy into the lies & propaganda.
Going forward into 2022, I’m not gonna be commenting on anything in FX
… before I ever look at that shit again, it’s gonna have to prove itself with
multiple weeks of actual HIGHER VIX, rather than the usual one day a month the
scumbag banks let it trade some with a range, in order to let off a little “VIX steam”
that might build up, and then it’s back to putting the “VIX Genie” in chains until
next month on some lucky day they choose to do it again … hello rinse & repeat!
… until it dramatically changes, which I doubt it ever will, there’s no point in
talking or writing about a bunch of dead markets nobody gives a shit about … in
every way, shape, or form, the “Spoos” or crude oil or both are clearly better
trading vehicles for either “day trading” or “scalping”, or a combo of both for
the PAMM … FX is dead and belongs in the Traders Graveyard! … such
potential, but there’s nothing you can do when central banks have their jackboot
over the throat of the FX space and choke it to death … it is what it is.
I don’t know what New Year’s Eve brings tomorrow if anything … maybe in ETH
there might be something, but I’d be surprised if anybody does anything in other
markets, like any of the “Stock Bellies” … crude could surprise again, but I’m
very leery of volume & liquidity conditions and is why I have backed away … the
market will be here on Monday and the start of the new year, so there’s no reason
to feel compelled to doing some “stupid shit” on the day before New Years Day
… hell, I’m not even sure Monday will produce anything, if history is any guide,
as often times it takes a full week for everything to return to normal … I’m not sure
that applies to crude, though, but we’ll see … no trades today in anything for
obvious reasons … ranges are dreadfully low and trading conditions are horrible,
even ETH feels dead … like I said, only crude did anything today, which surprised
me somewhat cuz I wasn’t expecting it … onto tomorrow and the end of 2021,
which for my money can’t come soon enough … tomorrow’s blog will be a primer
on WTI crude oil, which I have traded extensively in the past … not lately, but
that’s about to change “bigly & yuge”.
… outta here … “The future’s so bright I need sunglasses”!! 👍😎
… Onward & Upward!!
-vegas
