LUNGE, DIE, RINSE & REPEAT … WHERE THE HELL IS IVIX?

“When GBPUSD talks to you and pisses you off to no end!”

There are only 2 things that matter in trading ANY market … 1) what are the

scumbag LP banks doing in positioning the market [a/k/a order flow] to screw as

many specs as possible while enriching themselves, and 2) is there sufficient &

adequate IVIX [Intraday volatility] in the market to make money? … knowledge of

both are absolutely needed or you’re toast.

The trading algorithm parameters [both proprietary] measure both with scary as

hell deadly accuracy … when conditions are present, making money is 50X better

than owning a casino … when one or the other OR BOTH are absent, there’s only

one thing you can do … SIT & WAIT!

Outside of 1 day this entire week, and even that day wasn’t any great shakes, IVIX

has been AWOL … bad Skippy, very bad … cuz price lunging up or down straight,

followed by going sideways until the next time isn’t doing anybody any favors

… throw into the mix another worthless NFP Friday report from the math whiz

kids over at the Department of Unicorns & Fairy Tales, and you get the kind of

total bullshit NFP Friday trading days they have a well deserved reputation for

… and today is no different … and to a great extent, but not totally, the scumbag,

manipulative LP banks have a major impact on IVIX cuz of how they control and

manipulate order flow.

And I will simply remind people that historically the month of August is the worst

trading month of the year for FX … some years are OK, but many are total shit

… and this first week of August 2020 and I’m not impressed … so keep that in

mind as days will most likely appear with no trading results, cuz it’s better than

help funding the corrupt banks Christmas office parties this year.

It’s not even close, as this week is by far the worst week of the year for GBPUSD

IVIX as I measure it for trading … and nothing else is that great either, except gold,

but gold can’t be traded cuz of outrageous bid/offer spreads + slippage … “would

you pay 4 - 8 PIPS as a bid / offer spread to trade Euro or GBP if they had 200 PIP

ranges”? … [if you answered “yes”, please leave immediately] … well, that’s what

the scumbag bullion dealer banks want, and you just have to give them the middle

finger and walk.

Banks positioning order flow can and is measured very accurately, but it isn’t

enough cuz it can change quickly, and quite often you can buy Cable when

conditions are favorable and be down money cuz IVIX is dead and price is literally

not moving anywhere … we need both, and today is a complete “no show” on the

IVIX front, as it only lunges up, goes straight down, then lunges higher before

going sideways into the European close … ZERO corrective activity or volatility

between M1’s … so why should it be a surprise IVIX is almost completely dead in

the water today for GBPUSD?

No trades today in the TURNKEY PAMM / MAM.

Before I go today, I want to mention that the only place I know of where XAUUSD

[spot gold] bid/offer spread is relatively back to “normal”, meaning pre March

2020 CHICOM WUHAN KUNG FU FLU, is CRYPTO ROCKET [CR] … for the last

couple of weeks, and during this week, spread has been consistently been

between $0.15 - $0.35 … given the level of IVIX and new record all time highs, I

find this spread reasonable and fair valued … meanwhile PRIMEXBT stays

between $0.35 - $0.50, and Turnkey is all over the place between $0.30 - $1.00

… clearly, CR has the best gold conditions, and only PRIMEXBT is a few pennies

behind … Turnkey is simply Turnkey, using the worst LP’s known to exist

anywhere.

For those that don’t know, CR is a NO KYC brokerage house, accepting deposit /

withdraw in Bitcoin [BTC] ONLY … give them an email address, deposit some BTC

and you’re trading live … use Proton email [Free] and ALWAYS USE A VPN like

Torguard and be anywhere EXCEPT THE U.S. & NORTH KOREA … conditions all

week for trading gold via CR have been good to excellent … haven’t had any

nightmare fills trading my own account, and conditions have been ideal on the

IVIX front … use my affiliate link in the upper right column and you can be trading

gold come Monday! [or demo it as well] … and as a side note, CR has no money

management PAMM or MAM programs … if you open an account, you can hold

balances in either USD, EUR, GBP, or Bitcoin … it’s up to you … I most definitely

would hold balances in Bitcoin, but you’re a big boy / girl [or something else?]

and it’s your call since I’m not your Mom … maybe someday other houses [hello

Turnkey, you listening?] can get the gold bid/offer down to reasonable as well … I

didn’t say the CR spread was excellent, I said it was “fair” given the level of VIX &

IVIX we’re seeing … compared to GBPUSD, gold is outperforming on every IVIX

level I keep track of, including trading BTC … which btw, if you are looking to

trade BTC, there’s only BaseFEX & COINEXX that make any sense whatsoever,

otherwise you get ripped off to the max … those affiliate links in the right hand

column as well … and as I write, gold getting “monkey hammered” into the

weekend and putting in a “key reversal” top at the all time record high for price

on the daily candlestick charts … if it holds, it’s gonna be ugly! … we’ll see

won’t we?

Three days in a row of this bullshit in Cable, but it is what it is, and I just deal

with it … blog update on Sunday … outta here … until then

… Onward & Upward!! 

-vegas

THE FUTURE OF A FREE SOCIETY IS AT RISK

“The soft coup against America continues!”

It’s amazing! … they make shit up out of thin air, but can’t seem to find who put the

bricks all over “Murica for the rioters … err, make that “don’t want to find out”, cuz

the Libtard plantation owners of ‘Murica’s cities are nothing more than babysitters

over Sheeple for their masters … Chicoms, Soros, take your pick cuz what’s the

difference really? … the “soft coup” continues, and if people don’t wake the fuck

up it’ll be over … and I mean really O.V.E.R. … the stakes have never been higher

for a free society.

Cable starts the European day with some decent action … then as the sun comes

up in New York, it all turns to shit and we’ve been in an approximate 40 PIP

“Flying Wedge of Death” [FWD] ever since, with some very wicked spikes from

hell, no doubt that cleared stops out of the way … when action came to a halt, and

it did rather suddenly, I figured the trade was going soft in anticipation of some

BREXIT news or headlines … didn’t see any, but action never picked back up,

although there were some M1 “bust ups” … quite frankly, given the nature of the

trade and positioning, Cable looks like it might be in for a lower move in price to

shake out stops, and isn’t that what Asia is good for? … or a disappointing

BREXIT headline somewhere down the line when nobody is looking and the

scumbag banks can pillage & rob some sell stops … we’ll see what happens.

Only one algorithm buy signal trade today in GBPUSD … TURNKEY PAMM / MAM

UP 0.1%

I actually got 2 good signals before Cable hit the wall, but I got “cute” with the

second one and missed it with a limit order trying to get a few tenths of a PIP

better fill price … it never came back not even one-tenth of a PIP and instead

romped higher … live & learn … I’m anticipating better trading action tomorrow,

although today was about average for Cable.

In other markets, BTC gets “monkey hammered” from its high of the day, in what

transpired in minutes to a full fledged panic on the downside … and some good

news over in “Hucksterville”, a/k/a XAUUSD or spot gold in London … for the last

2 days, CRYPTO ROCKET [CR] has had and been able to maintain a bid/offer

spread consistently in the $0.15 - $0.30 range, with most spread quotes in the low

to mid twenties … commissions higher at CR, where in gold it will amount to

6 cents per OZ. round turn, versus 2 cents at COINEXX … however, at both

COINEXX & Turnkey, the gold bid/offer spreads have been consistently in the

$0.50 - $1.00 range and are a complete ripoff! 

I dunno whether CR has gotten some new LP’s, or whether they’ve introduced

some large hedge funds into the liquidity provider pool, but regardless it’s

welcome news … so far today, gold sees its lowest range in a good while, here

heading into the afternoon of New York with not very much time on the clock left,

with an $18 range just put in with a new low for the day … and with that low, CR

spread at about 26 - 33 cents … quite frankly, I haven’t seen a better spread in

gold anywhere else, and even with a few pennies higher commission, it’s about

as good as it gets right now.

I will also add that CR has XAUEUR, as well as platinum … CR silver is a joke, and

the spreads are blown to shit … platinum stays fixed at about $2.01 for the spread,

and it looks like the average range [eyeballing the daily] is about $25 - $30 per day

… so, somewhat high for a spread given that range, but if you want platinum there

it is … XAUEUR running as I write about 0.69 - 0.77 € for the bid/offer spread

… also remember, CR IS a NO KYC brokerage house, and deposit / withdrawal is

via BTC, but you choose how you want to hold account balances … choose from

USD, EUR, GBP, or Bitcoin … so if you’re itching to trade some gold, sign up at

CR via my affiliate link and trade the demo / live.

It’s NOON PM in New York, which means adios FX, cuz there’s no way I trade with

criminal, scumbag New York Wall Street banks, unless I have to, and with no

positions I’m outta here! … until tomorrow mi amigos … Onward & Upward!! 

Have a great day everybody!

-vegas

WHY SHOULD TODAY BE ANY DIFFERENT?

“How well do you know your market!?”

Apparently, the world doesn’t give a shit today … about anything … certainly

not FX, as it’s looking painfully clear nothing is gonna move any of the major

pairs today except manipulator banks front running corporate orders, clicking

off stops, and taking advantage of their knowledge of order flow … all things we

cannot see, just the way they like it … here early in the day, and I’d rather be

shoveling elephant shit at the circus than watching Cable … the great VIX

unwind is happening this week into next, and it is painful to sit and watch paint

dry.

I dunno, maybe something happens later, but for now the entire FX sphere is

dead … there is no “flow” to price, bid/offer quotes stay stuck for 15 - 30 seconds

at a stretch without moving, and you can almost hear the crickets chirping in the

background … is the whole week gonna be like this?

Spreads in the stock indices, for the most part, have come back to within normal

range, although there are a few indices that remain very high for no reason I can

see … why the AUD200 @ 4 index points, and the DAX30 @ 4 - 8+ index points

are where they are is just plain stupid … for example, @ CRYPTO ROCKET, the

DAX30 spread is @ 1.2 index points the entire day … why the big difference

between them and Turnkey? … are you gonna tell me that CRYPTO ROCKET LP’S

are giving money away? … more likely, another set of scumbag LP’s greed is

showing … as for U.S. indices, they’re higher than they should be, with the

DOW30 off in “Looney Tunes Land” and completely untradeable … the other 2

slightly higher, but it complicates trading them cuz of the higher cost PLUS

slippage, which is always the great unknown and where the scumbag LP’s have

the “slippage meter” set at … lately it hasn’t been kind to traders.

What can you say about a day in Cable that’s ± 25 - 30 PIPS from where it was 9+

hours ago … “Flying Wedge of Death” [FWD] much? … seriously FUBAR

… meanwhile “stock bellies” go nuts cuz “Everything Is F-ing Awesome, Baby!”

again, as the Ponzi departement a/k/a “The U.S Treasury” sells more worthless

fiat to finance everything under the sun … “great, call me in 2021 when the

inflation from this hits, and again in 2024 when every single penny of the

“by then” trillions they borrow will go towards interest on the national debt

… think the U.S. has a problem now, just wait”.

Meanwhile, over in cryptoland, both XRP & BTC putting in some of the most

beautiful algorithm buy signals you’ll ever see … “The Mrs.: why didn’t you tell

me before how easy this was”? … I know, I know, I figure I’ll let her discover it

for herself.

No trades in the TURNKEY PAMM / MAM today.

We’ve been to the tips of the FWD in Cable about 23 times today, with every buy

signal getting blown through like a blow torch through soft butter … can’t trade

crypto, cuz Turnkey doesn’t have crypto, in case you were wondering … some

days in this stuff, you literally can’t even … today is one of those days.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

THE GREAT CORONAVIRUS BANK SCAM

“And of course, YOU get to foot the bill!”

Whether it’s government, crony capitalists, scumbag LP banks, bullion dealers

who belong in Hell, whatevs … none of these shit weasels will ever let a crisis go

to waste, and ALWAYS look to profit more from a crisis than before … quite frankly,

the world is not a pretty picture at the moment, nor is it looking like life going

forward is going to return to any semblance of “normal” you had before the

ChiComs let loose this bio-weapon upon humanity.

Quite frankly, I’m sick & tired of these shit weasel, scumbag LP banks we are

forced to trade with, that one day give us barely marginal spreads to trade with,

then the next day unleash holy hell upon us with spreads that would make Vito

Corleone blush with envy if he were alive to see it.

And it’s time to simply draw the proverbial “line in the sand” and say ENOUGH

WITH THIS SHIT … last night living proof, that until China opens about 4 hours

after the official start of the day at 5 PM EST, there is literally NOTHING you can

trade unless you want to hand some scumbag bank a shipload of free money

… once China opens, the only tradeable markets are EURUSD, USDJPY,

GBPUSD, AUDUSD, AUDJPY, NZDUSD, & NZDJPY … that’s it … even when

Europe opens, and the the U.S. comes in to round out the day, these are STILL

THE ONLY MARKETS TRADEABLE AT TURNKEY THAT MAKE ANY SENSE! … all

of the stock indices, shot to shit with spreads that make no sense whatsoever

… you pay for panic, but get nothing in return … gold & silver you can forget for a

long while, the CME finally figuring out how to”take out” the LBMA and their

“pesky” 1 OZ. increment XAUUSD CFD that robs them of market share … trade

futures now in gold, or go home … you simply cannot trust these asshats at the

LBMA to make a fair & honest market, one where the spread is 18 cents one

second, and then $1.89 the next second … that leaves the FX pairs, where the

pairs mentioned above the only ones you’d touch that make any sense to trade

given the horrific bid/offer spreads + slippage the others will guarantee you if you

trade ‘em.

Sadly, this is the state of affairs I’m faced with, and I can tell you right now I’m

not paying Vito to trade … “ain’t payin’ 1.5 - 2.0 index points to trade the SP500

CFD” … so screw the “stock bellies”, forget gold …  the PAMM / MAM trades

either GBPUSD, USDJPY, or EURUSD going forward, and it’s gonna take some

good arm twisting to see me go with something else, cuz quite frankly I’m pissed

off I gotta play “carousel” with scumbag banks over bid/offer spreads, and then

play “Price Is Right” in guessing which market on which day is gonna be a

winner at the expense of all the others … it’s tiring, and it’s robbing me of

performance at the expense of the trading algorithm, which by the way is

excellent.

So, while I should have been looking at Cable today, I spent my time from last

night wondering just when these shit weasels were going to make an honest

market in the SP500 CFD … answer? … try never, so screw ‘em … if the

PAMM / MAM were at CRYPTO ROCKET, it would be a completely different story,

but we ain’t there cuz they have no PAMM / MAM program, and aren’t going to be

getting one anytime soon … the FX pairs I listed above are “usually” tradeable

from the China open onward, unless something goes bat shit crazy and there’s

news to digest.

I literally hate this back & forth bullshit that’s handed out by the scumbag LP

banks … and since they all got caught with the huge increase in VIX the last few

weeks to a month, and most have suffered huge losses, the way they get it back

is by screwing retail spec … PIP by PIP, index point by index point, they take

back from us what their greed cost them … “welcome to the trading tax!” … the

only thing saving markets right now is FX, cuz the rest are a fucking joke … FX

so “bigly & yuge”, and the competition fierce, if they fuck that up they might as

well close their doors, and so these markets remain consistently stable no matter

what, with only minor dislocations when SHTF.

And what you have to realize, is that FX isn’t a “U.S. market”, it’s more of an

European market, with conditions being best from about 3:30 AM EST to about

1:30 P.M. - 2:00 P.M. EST … it’s during this time you’re going to get the best FX

movement, liquidity, and best spread conditions … New York is filled with only

money laundering criminals, so best avoided in the afternoon P.M. … these last

couple of weeks, every single day an adventure down the “rabbit hole” into

what seems like some kind of level of market hell, and it’s time it stopped right

here, right now … the brutal truth of the matter is simple … there is only one

market space that stays consistent whatever the case, and that’s FX … true,

“The Widow Maker” [GBPUSD] has woken up from a very long slumber, but even

so conditions are far better than anything you’ll find in stock indices or gold,

where it’s “Nightmare On Elm Street” every frickin’ second … time to return to

FX and stay there, come hell or high water.

No trades today in the TURNKEY PAMM / MAM.

So, back to Cable tonight … until tomorrow mi amigos … Onward & Upward!! 

Have a great day everybody!

-vegas