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Showing posts with label CADJPY. Show all posts
Showing posts with label CADJPY. Show all posts

Wednesday, October 3, 2018

SWEET MUSIC PLAYS ON THE DECK OF THE TITANIC

“Trusting markets to SkyNet since the start of 2015!”

File this under, “wow, this shit never happens”! … oh wait, an Italian 
Apparatchik now says Italy’s budget can fit inside E.U. rules … EURUSD 
skyrockets … “and another mistress fund gets funded instantly … who could 
have ever foreseen this”? And so, the orchestra plays on while the Titanic 
sinks, and of course EURUSD goes lower from this, proving my premise once 
again why this shit happens.

And trust me, this isn’t unique to EURUSD, or any of the other FX pairs that 
dot the landscape … in the last 2 days, we’ve seen some bullshit shenanigans in 
USDCAD as well, causing sell stops to get taken out in CADJPY in a blink of 
an eye, and then right back up 10 - 20 PIPS … nice work if you can get it. And 
this type of action very much worries me.

Which brings us to today, and the utter horseshit FX markets have become 
… again, if I had a nickel for every Apparatchik on the wires today, I’d walk 
away today up about 2K, no doubt about it. It was “dead meat” across the 
board up to the 10 AM release of the ISM numbers, which blew out on the 
upside, thus creating fears of higher interest rates from Spicoli at the FED. 
Meanwhile, the manipulations get worse … EURUSD, GBPUSD, & now 
USDCAD getting in on the action with mystery spikes from hell … WTF is 
next, locusts? 

COMMAND DECISION TIME

This past weekend, Cos [Chief of Staff] Milton Waddums finished work on the 
XAUUSD algorithm … which, with one major modification, is exactly the same 
as the “-vegas EURUSD Algorithm” … no difference really outside of that 
major modification. In addition to that, over the weekend in discussion with 
Turnkey, we got new server times, with new banks and dealers, that on the 
surface are doing a much better job of filling orders. Now, Turnkey for all of 
their faults, cuz remember no brokerage house is perfect [if I had one, it’d be 
perfect … but that’s another story for another day.], has by far the best 
XAUUSD [spot gold] market going anywhere on the globe … there isn’t 
anybody better IMHO … during the 7AM EST - 2:30 PM EST time frame, 
the spread is usually between 6 - 10 cents per OZ., and RT commission will be 
another approximately 2 cents per OZ. 

I’ve stated before that our “Uncle Milty” is a “gold bug” from way back, as am 
I [kinda], and I’ve been looking forward to his finishing the algorithm. Gold 
daily ranges have been expanding, and since Spicoli has headed up the FED 
from Grandma Yellen, and Trump has been President, the “Rally Protection 
Team” [RPT] has been for the most part absent from the gold marketplace, 
where they overtly suppressed the gold price through sell manipulations 
between 2012 - 2016. While they can of course always come back, I don’t see 
this happening.

For most of today, until 10 AM EST., FX was dead … I traded XAUUSD in 
my personal account … the algo worked to perfection, and on one trade 
liquidated a long position 2 cents off the bid high for the M1 … a better fill I 
could not have expected. Meanwhile, the haphazard nature of regular FX, 
with it’s “TNT & Crickets” bullshit, is an almost impossible task of getting 
good algo positions on … impossible in EURJPY, at the moment, and pretty 
“Hoover Dam” tough in CADJPY as well … “I need trades, and getting one 
signal a day in anything FX is bullshit”.

So, it’s command decision time … and that command decision is to drop all of 
currency FX and trade XAUUSD … in the PAMM & at C2 … starting 
tomorrow, all trades both on the advisory and in the PAMM will be only in 
gold, where expect about 80% of the time to be long. “And folks, while I don’t 
like to be “wishy washy” about markets, and go back & forth, I can say with 
confidence [cuz crude oil ain’t available to us to trade], I’m going to be staying 
in gold until hell freezes over … quote me on this”. Back to the future everybody 
… should have never left!

For those in the C2 advisory signal service, EMAIL ME FOR ANOTHER 
MONTH OF FREE SERVICE SIGNALS, and I’ll send you a coupon code that 
you can use when your due date is up sometime this month … it’s the only fair 
thing to do. I’ll be keeping the service at C2 named the same, cuz it’s really the 
same algo as EURUSD, with the major modification I mentioned before. There 
will be more signals per day, and much higher profits to be had … I look 
forward to it with great anticipation. I’ll be updating the website over the next 
few days to reflect the changes.

As for today’s trading, another totally frustrating day in currency FX 
… CADJPY a major disappointment with 2 signals, and while I’m not 
complaining about fills in CADJPY, the action in USDCAD a total piss poor 
nightmare, resulting in extremely choppy CADJPY action, with most of the day 
a total waste. And while gold can get choppy at times, it doesn’t stay that way 
for long … and with increased ranges, that makes it worth trading.

PAMM today down about $50, but I’m totally focused on implementing the 
gold algorithm starting tomorrow … time to move profits forward, and I 
think gold is the place to do it! “Currency FX, reminds me of the Titanic … it’s 
going down as the band plays on with not a worry in the world … at some point, 
everybody gets tired of being manipulated by the scumbag LP banks”.

I need to get the PAMM Spreadsheet updated, and after tomorrow’s gold 
trading, it’ll be up on the blog … “time to focus on our favorite yellow pet rock”
 … until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM MONEY PROGRAM” IN
“DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN
FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND
START YOUR JOURNEY FROM WHERE YOU ARE AT TO
“ESCAPE TO SUCCESS”!










 


 

Tuesday, October 2, 2018

THE ABSENCE OF CRITICAL THOUGHT

“Since when did shit for brains become standard!?”

ANSWER: “When the elite political class excused Bill Clinton’s behavior, in his 
impeachment trial in the 90’s, even though he lost his law license for committing 
perjury by lying to a federal judge … from that point on, “truth” is whatever 
somebody says it is … “truth” is a term that doesn’t apply to facts … “truth” 
must now be determined by a narrative fit inside an agenda - subjugated and held 
hostage to a “higher purpose” … no longer a “standard”, but a “cause celeb” for 
aggrieved victims and/or political party seeking to gain or control power … and 
with that power comes money … and once you’ve reached money, you get to the 
end of the story and what “truth” is really all about these days … Welcome to 
‘Murica! [I weep for the future of this country.]”.

Ever since my college days many blue moons ago, I’ve been interested in and 
researched heavily, everything about WWII, from the Nazi’s to the Japanese 
in the Pacific. Recently, I came across a documentary video on You Tube called, 
“Sex & the Swastika” … now, before you think this is some kind porn video 
… it isn’t … it’s a fascinating look at the behind the scenes efforts by the 
British & American forces in the fine art of “white” & “black” propaganda, 
and how they used print, film, and radio broadcasts to undermine Germany’s 
morale, from front line soldiers to the German citizenry sitting at home. It’s a 
critical look at what goes on beneath the surface of ordinary events, and how 
it shapes outcomes. Directly below, the link to this incredible documentary.


If you watch this video, you should come away with an unpleasant reality 
… that reality is that governments, and/or political parties vying for power & 
control, will use anything in their attempts to shape, mold, and control public 
opinion … given what we’re now seeing over a Supreme Court nomination, 
these attempts only get more sophisticated, attract more money, and draw the 
“useful idiots” into the equation, where all critical thought is absent and only 
“mob rule” exists. “You think this shit is only recent? … haha … it was refined 
and brought to a higher level starting in WWII, along with the advancement in 
technology, to a point never imagined by a duped public”.
 
And so today we get, from the propaganda arm of the MSM, that BK 1) threw 
ice on somebody in college, and 2) got in a bar fight once in college as well 
… OMG!, he should be executed, says the castrated pajama boy men of the 
DNC MSM, along with the “outraged” feminazis who now police behavior 
… how un PC of him … temperament and all that shit of course … “I am 
outraged beyond outrage, and find all past behavior outrageous” … [not]. No 
way to sugar coat this … shit for brains.

And, central bankers have been listening and learning … brought about by 
emulating the Japanese, who were the first to enter markets for the purpose of 
“policy”, “cuz as we all know, it’s for your own good of course”! By default, this 
inevitably leads to modern day financial trading, where nothing happens unless 
some central banker wants it to happen … throw in a completely, “in the tank” 
sycophant financial media, and you get what we see today … which is, a 
complete “shitshow” du jour of reasons & excuses why markets rally/drop like 
they do … today again, it’s Italy [yawn].

Turning to today’s CADJPY market … “well, those screams you heard, between 
11 AM - NOON EST., are from the somebody who got royally fucked in USDCAD 
at the European close, as USDCAD gapped 20+ PIPS higher in seconds, took out 
stops, and then proceeded to move lower … making the low in CADJPY a 
complete bullshit move stop hunt as you’ll ever see”. Quite frankly, I thought it 
was gonna be sell stops in USDJPY, if they could reach them, that would take 
CADJPY lower, not a complete screw job by the scumbag LP banks in the 
Loonie. Just another day in the mugging & robbery business.

Chalk up another complete “shitshow” trading day in FX … “if I had a nickel 
for every stupid “Brexit” headline today, that crossed the wires, I’d have 
thousands in my pocket … oh, and of course, the Italian budget … snark snark 
… who exactly gives a fuck? … the banks don’t, cuz from the U.S. session 
onwards, EURUSD spent the entire day rallying … tell me again about 
“fun-der-mentals”, and then get short”.

A little after NOON EST., and CADJPY with a 42 PIP range so far, but a good 
15 PIPS of that pure bullshit on the bottom cleanout … take that away, and you 
got one of the more pathetic trading days of the entire year if it holds, basically 
looking at right around a 30 PIP range. Throw in a convoluted “Flying Wedge 
of Death” in both USDCAD & USDJPY, and you end up with a really  
“effed up” day in the cross. “I don’t know why ranges are so conflicted and 
extraordinarily tight, but with constant PIE HOLES & Apparatchiks butting into 
markets with idiotic comments, I’m beginning to believe traders are simply 
backing away from the bullshit … this hurts volumes & liquidity, exacerbating 
moves up/down and efffing up corporate order flow as well … just ask the guy in 
USDCAD how he feels after getting 20+ PIPS stuck to him”.

I’m starting to wonder if my platform is broken … nothing is moving … this is 
truly pathetic.

A bunch of trades today … PAMM down a hundred bucks and something.

Two algo signals failed us today … the rest were pretty good, but the 2 failures 
came with volatility sitting right on the fence for legit trades … I took them, cuz 
unless it’s under our threshold, they should be good … these two weren’t 
… meh, shit happens, especially when there is no range to speak of, and trading 
action is horrific … “when this shit sits on top of price for like forever, there isn’t 
much anybody can do when it refuses to move, and then goes in spike spurts on 
vapors … today just saw no flow to anything at all … just a hodgepodge of 
bullshit masquerading as a market … nothing really more to say”.

On the bright side, fills were excellent and we’re trading larger volumes 
… today saw 200,000 - 400,000 per trade, so expect more from the P/L than a 
few bucks … with NAFTA out of the way, volumes can increase here … now all 
we need is a market than can fucking move somewhere … “hello Mr. Market, 
are you listening”? FFS! 

I’ll have the PAMM Spreadsheet up after I make the entries … onto tomorrow 
mi amigos … Onward & Upward!!

Have a great day everybody!!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM MONEY PROGRAM” IN
“DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN
FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND
START YOUR JOURNEY FROM WHERE YOU ARE AT TO
“ESCAPE TO SUCCESS”!