THE LIES THAT MARKETS SPEAK

 

“You’ll never get what you really need in B-School … it’s just for worker bees!!”

Business schools inside “indoctrination camps”, are there to make you a worker

bee … nothing more … your job is to get a useless degree, then go to work for a

company doing anything / everything to make them money while you get paid

shit … companies fund B-Schools, and so expect a return for doing so, and the

return they seek is your compliance and willfulness to work for almost nothing

… time to break that mold!

But coming to trading has its own “learning curve” … here are the “Rules”

… 1) them that has the gold makes the rules … and 2) there are no rules, except

rule #1 … markets lie all the time, simply cuz they have to in order for the

scumbag banks to be able to buy low and sell high … in order for that to happen,

you got to have people who buy high and sell low [you!] … and the propaganda

agents in MSM financial news make it all seem so seamless and effortless by

pitching “fair & honest” markets … they’re anything BUT! … know who your

opponent is, and it ain’t some nebulous, fuzzy creature named “Mr. Market”

… get them to work for you and your trading career will be a lot easier.

Deflation & default risk from the ChiComs continue to take center stage, and the

culprit “du jour” is “Country Gardens”, a major real estate developer that just

defaulted on a bunch of bonds … technically, they are still in the grace period,

but who’s kidding who here? … who knows where the USDCNH freight train

stops, with CNH pushing 7.29 as I write … meanwhile, 10 YR. U.S. T-Notes push

back up near 4.20%, and if that level goes by the wayside look out below for

“Stonks” … everything is just so amazingly awesome in the Banana Republic

isn’t it? … but no fear, with the criminal, money laundering NYSE open just a

little ways away in terms of time, the Chipmunks will show up for another feeding

and indices can shoot higher in a nanosecond, and another casino session can

commence for the week.

Oh see my shocked face, another money laundering Chipmunk feeding at the

NYSE  open … gosh, this almost never happens, except every frickin’ day! … this

is the biggest joke inside the casino going, hands down … may the front running

never stop! … long live front running!

And there goes the 10 YR. past 4.20% on the upside … of course, “Stock Bellies”

don’t care cuz buy MOAR! … so what if mortgage rates are at 20 year highs and

going higher? … so what if the Banana Republic is dead broke and run by a

bunch of thieves & crooks led by “Bribery King” Joe Biden? … so what if food

and energy prices are about ready to skyrocket and inflation will once again go

out of control? … “Stock Bellies” don’t go down until they do, and when they do

they won’t fuck around doing it, they’ll bury people … and then after it’s over the

“Plunge Protection Team” [PPT] will show up and punish the sellers … it’s the

way “Stock Bellies” operate, and have since the crash of ‘87 … still, in the

“88/6/6” paradigm we find ourselves in when it comes to “Stock Bellies”, you

have to navigate the back “6”, and it sure feels negative right now … having

said that, the only rallies that won’t get sold are the ones that happen late after

Europe closes … early good rallies will get faded, at least for now … we got a

“rate train” going down the tracks at warp speed, and with increased

government borrowing, cuz what makes more sense when you’re dead broke

than to borrow MOAR! at higher rates? … inflation is the only answer, and

“Stonks” historically don’t like that scenario.

IMHO, we’re about to see “bigly & yuge” going forward the PPT for bonds via

yield curve control [YCC} … it’s worked so well for the BOJ, why not hasten the

ruin for the Banana Republic? … IT’S HOW YOU MANIPULATE ALL FINANCIAL

MARKETS WITHIN YOUR SPHERE OF INFLUENCE ALL AT THE SAME TIME

… FX, STIRS, & “STOCK BELLIES” … STRAIGHT UP / STRAIGHT DOWN OR

VICE VERSA … EVERYTHING A MANIPULATOR COULD POSSIBLY LOVE!, and

we’re seeing it today … active buying of 2YR. - 10YR, paper to keep rates down

so the bubbles can expand … sure, the Lounge Lizards would love a

DEPRESSION, but the headlines would not be favorable to say the least … I

dunno how they’re gonna do it, with increased Treasury borrowing as far as the

eye can see … and all of a sudden buyers show up for the 10 YR. … amazing

coincidence, huh? … Panic down / panic up, what’s the difference to a group of

markets that don’t have a clue except what the manipulators are manipulating?

… what an absolute joke.

Some really good two-way trading action in EURUSD today … you look at the way

FX traded before the Swiss disaster in January 2015 [the EURCHF debacle], and

you look at the daily / weekly / monthly charts post January 2015, and it’s like

you’re looking at two entirely different markets … and they are different, cuz that

debacle changed FX and got the central banker scum involved like never before,

manipulating their little hearts out … and guess what? …. Like 5 day old fish and

relatives who stay too long at your house over Christmas, they tend to stink the

joint up! … and in the case of the banker scum, they ain’t ever leaving until the

revolution … so it’s a wholly different gig now, and cuz of that I don’t have a

problem with anybody trading both sides of EURUSD, long or short, with the

caveat of warning about switching too soon from side to side … no matter how

you wanna “cut the cake”, your indicators will always be lagging at tops and

bottoms for the flip … that means every short term trend change will see a group

of losing trades at the top or at the bottom … and the bigger the lag, the worse

the losses and chance of the dreaded “chop”.

The solution inside the “vegas Super Scalper Trading Algorithm V3”, is to

ALWAYS GO WITH THE SIDE OF THE SLOPE OF ANY OF THE “RISK MODELS”

[RM] YOU GOT ON YOUR CHART … these volatility levels map and model

“support & resistance” based on Gann’s “Square of Nine” [So9], and are

calculated based on the So9 “Cardinal Cross” cell value of EMA 15 … simply

go with the slope! … if any of the 1 - 4 RM’s are positively sloped, go long based

on the algorithm signals … if the RM’s are negatively sloped, go short based on

the algorithm signals … and when they are flat across your screen leave it the

Hell alone!, or default to always going long or short … you’ll only ever be a few

PIPS off either the high or low of any move, cuz the RM’s change slope very fast.

Relatively speaking, “Stock Bellies” aren’t performing well at all … ranges are

still low, although they’ve marginally improved over these last weeks … Coinexx

today quoting EURUSD at 0.2 PIPS, and I haven’t seen any of the “Scumbaggery

& Fuckery” we saw last week when EURUSD was really moving … starting

tomorrow I’ll give the PAMM a shot back at EURUSD again for 2 reasons … 1) way

more trade opportunities than DOW30, and 2) better trade conditions … we’ll see

how it goes … oil looks dead, and with today’s lethargic range, it’s just another

Monday where oil follows “Stonks”, especially the NDX100 … spread has held,

but it should cuz there’s nothing going on … and yea I know it’s August, but even

for an August, conditions should be better than this … like I said, the one ray of

sunshine is EURUSD, where you can’t really ask for better conditions for a

scalper.

And speaking of “Stock Bellies”, Fusion Markets has an awesome DOW30 CFD,

with a 1.2 index point spread and no commissions … that’s the best I’ve seen and

beats 2 index points, although you’re splitting hairs when you start getting

DOW30 index points below 1 point … still, money is money isn’t it? … No trades

for the PAMM today, as DOW30 can’t even get out of it’s “Chipmunk feeding” first

few minutes … just no action to speak of … oil dead as I said before, and WTF

has happened to that market?, where we can’t even get a $1.50 range for the day

and it’s almost over? … for “The Syndicate” over at IQCENT, some really good

algorithm signals earlier in the day in EURUSD … we’re UP APPROXIMATELY

0.4% … I’ll be increasing my volume numbers there very soon … onto tomorrow.

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

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

-vegas

EXPANDING THE BUBBLES

 

“WHEN?!!”

When everybody in “The Swamp” figured out the FED would finance unlimited

Treasury printing of money from a corrupt & irresponsible Congress, the

floodgates opened … what’s hilarious is that they are genuinely shocked of a

credit downgrade while they borrow TRILLIONS more! … at higher nominal

interest rates to boot! … the Treasury holds “auctions”, Primary dealers buy

the stuff, and then turn right around and sell it at sweetheart deals to the FED,

thus insuring Wall Street profits, and ever more funds pumped into markets of

all types … welcome to bubble mania!

 “Trees don’t grow to the sky!” … well, unless it’s USDJPY, which has shown a

remarkable brilliance in doing just that … nevertheless, some “profit taking”

[than you, Bob Pisani, North Korean CNBC uber bull hack] from long position

holders is to be expected along the way, and it doesn’t take much to get them

“hair triggered” with a sell button nearby their fingers … so far today,, that’s been

the case … how do you define “STUPIDITY”? … EASY PEEZEE: any NYSE open,

where no matter the news, no matter the day, no matter the events, the idiot

Chipmunks ALWAYS feed and get fed by scumbag banks who front run the shit

out of ‘em … all in the name of protecting the consumer cuz we wouldn’t want

bad money managers colluding with scumbag bank trader desks, now would we?

… so instead, the brains of the financial industry work around it, AND SCREW

CONSUMERS ANYWAY by front running, via their offshore ILLEGAL prop

accounts, and front running the orders … off the books, and outside of any

purview of accountability and transparency … what could be better for a bunch

of thieves!? 

Here within half an hour, we got 1) NYSE open, 2) SP global PMI, and 3) ISM

bullshit hitting the wires … USDJPY affected by all 3 … and with the 10 YR.

marching ever higher, now at 4.187% and climbing, it’s gonna be hard to keep

YEN higher [USDJPY lower], unless the entire space is so overbought it doesn’t

matter cuz they’ve run out of buyers … maybe a distinct possibility, but without

yields coming down, who’s gonna lead the charge? … and right now, USDJPY is

very hyper sensitive to any move lower in yields, it doesn’t matter what level they

come from … 142.50, then 142.25, and 142.00 the levels of critical support for

USDJPY bulls, with stops below, natch … and with the entire trading world

positioned with their pet rabbits LONG, these levels could be in the crosshairs of

scumbag banks looking for a nice place to get long and cover shorts as well

… you know how this game works, don’t discount the possibility!

What a FUBAR trade reaction to data, no matter if it’s real or fake … but it does

show you just how sensitive traders are right now to anything affecting STIRS

and/or the 10 YR T-Note … unless the FED plans on engineering a DEPRESSION,

with increased Treasury borrowing to fuel the “Free Shit Army” of Libtards &

RINOS, good luck Lounge Lizards in getting nominal rates lower in the face of

“soon-to-be” resurging inflation … EXIT QUESTION: “when does the FED step

in and start manipulating HEAVILY, STIRS and the 10 YR, with heavy buying to

lower yields? … just like they do in “Stock Bellies” with the “Plunge Protection

Team” [PPT] … bond losses? .. who cares, they just print the money and

fugetaboutit!”

USDJPY making ZERO sense today, as higher yields meant nothing all during the

European and first half of the U.S. session, as scumbag banks pressured the pair

lower to run sell stops … which they did very effectively … and once the stops at

142.50 and 142.25 got run and butchered, they tried and failed to get the ones at

142.00 … came close, but no cigar … and then Europe closes, and with success

fresh under their belt, stops run, short positions covered and longs established,

now comes the crawl higher for hours on end up some 60 - 70 PIPS like it’s

nothing … what a frickin’ joke … should be illegal what these banks do, but

whaddaya gonna do, there’s nobody to complain to since they’re all in on the

“skim” … it’s how the game is played.

Multiple trades today in USDJPY … PAMM DOWN A HAIR MORE THAN 0.1%

… volumes [trade sizes] are a lot higher, so basically anything ± 0.2% are scratch

trades given unto LP bullshit with fills and any slippage that can occur … the

trade is very quick and fast, and while I’m basically utilizing the Scalpers

Algorithm, there’s almost no way you can keep any losing trade under 10 PIPS

without getting chopped to pieces with very quick turnarounds … ranges are

there, and it’s a yield play all the way, but as today shows, even when yields rise,

it doesn’t always mean USDJPY goes higher … what banks are doing is far more

important … no trades today for “The Syndicate”. 

Tomorrow is NFP Idiocy, so we got that to deal with … oh fun oh joy … onto

tomorrow.

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

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

-vegas

THIS IS CRIMINAL … BUT NOBODY SAYS “BOO” ABOUT IT

 

“Found in POLS & central banker Apparatchiks everywhere!!”

It was a criminal hit job on the short YEN [long USDJPY] spec position holders,

while at the same time it threw a lifeline to Japanese banks & life insurers who

most likely are praying for a higher YEN so they can get out … the gory details

from ZH, the link below.

https://www.zerohedge.com/markets/market-panics-after-planted-story-boj-ycc-

tweak-sends-stocks-tumbling-yields-and-yen

Then less than 24 hours later, the BOJ ‘tweaks” YCC [yield curve control] . .. again,

the details from ZH directly below at the link.

https://www.zerohedge.com/markets/boj-tweaks-ycc-greater-flexibility-sending-

bond-yields-soaring

The “Scumbaggery & Fuckery” in FX has always been legendary, but this is truly

FUBAR beyond the normal bounds … is this a tacit signal that the world’s

financial system is in deep, deep trouble? … cuz here’s the news flash … “if there

are banks and life insurers in Japan that are in trouble, there isn’t enough money

in the world to bail them out …. Period!" … as for “Stock Bellies”, once the close

came, it’s biz as usual and let’s bid shit higher right from the open into the night

and into the New York morning … “Stonks” have to go higher, they just have to!

Meanwhile yesterday, gold putting in a very nice [almost] $40 range … even

though it got monkey hammered pretty good with the rise in yields cuz of the

BOJ bullshit, there were some nice rallies as well … and this is to be expected

when range [NY SESSION] is above $20 - $25+ … greater VIX, higher range, and

the algo performed exceptionally well … the problem right now of course is

CONSISTENCY … who knows what today’s NY session brings to the table?

… range could be $12 or it could be $25+ … but gold showed yesterday what the

future holds if range can be higher than it is now … of course, the FED is gonna

do everything in their power of the CNTRL-P machine to suppress and

manipulate gold lower, but the problem for them is that the entire world is against

them … central banks everywhere are adding massive amounts of phyz metal to

their holdings and calling the FEDS bluff … and they’re taking delivery out of the

hands of the NY FED and demanding delivery to their home country or places

like Switzerland or Singapore … nobody but nobody trusts the U.S. … and

with good reason!

“Stock Bellies” continue their march towards new all time highs [ATH], which

IMHO is inevitable cuz the Banana Republic at some point is gonna need all that

and more from you when the time comes to confiscate it … taxation or outright

theft, what’s the difference when it’s “for the children”? … none of the statistical

porn thrown up day-after-day matters, only that shit goes higher … pick any

reason you want … DOW30 at 44,000 on New Years Eve 2023 … why not, nothing

else makes any sense, and the bubbles have got to be expanded at all costs!

And yet again, here we go with another SCAM Chipmunk feeding, where money

launderers and criminals the world over come to the NYSE to change share

hands … ahhhhhh, isn’t corporate crony capitalism fantastic!? … the fact that

nobody cares about price should concern everyone, but it doesn’t … all that

matters is getting the right people the “Stonks” so they can use them for all kinds

of nefarious purposes … well, that didn’ take long to unwind did it? … what a

fucking joke this casino has become … and to prove my point, there’s the 8

minute money laundering bullshit on the open, up/down to the tune of over 100

index points, and then? … “sleepytime” fellas as all of the "real” biz has just

been consumed … time to hit the yacht club for some early lunch and then a

round of golf before heading over to the mistresses pad for a romp, then home

… there you have it!

We’ve been open for 90 minutes in the “Stock Bellies” … welcome to another

bullshit DOUBLE REVERSAL of the session range … “WTF, wait … WUT!?”

… does anything last longer than 1, 2, or 3 m1’s before some fucking scumbag

bank comes in and rapes order flow? … asking for a friend … this stop hunt,

front running horseshit is maddening, and if you’re thinking about a double,

triple, or whatever adding to losers, you end up with what happened yesterday

after the Nikkei / BOJ bullshit … now you’re gone! … DOW30 or NDX what’s the

difference really? … and if that’s not enough, then it will either EXPLODE higher

or lower out of nowhere in some multi-minute gallop, leaving algorithm

parameters in the dust … these indices are seriously FUBAR, and NOT by

coincidence but by design … ask yourself who benefits from fucked up

markets? … it ain’t specs that’s for sure … quite frankly, this is nothing more

than a scumbag bank run scam, pure and simple.

Cuz here’s the twofold problem … 1) cuz of the way order flow is manipulated

and faded aggressively, you can’t put any kind of tag on risk in a trade, and

2) you better sell the green spike up, cuz if you don’t they will gut you like a fish

for dinner … OK, which spike? … cuz if you go too soon you leave bucks on the

table, and if you’re late it has the very real potential to be ugly … and the higher

your volume the uglier it will get … they don’t have to be on the market to fill you

and most of the time they aren’t … in addition to that, I’ve come to realize that the

scumbag banks know exactly how to goose a market so as to move it away from

all of the traditional indicators very, very quickly … your buy/sell signal is

therefore gonna come late … very late, and from where I’m sittin’ it’s along the

lines of 20 - 30 DOW30 index points, which is way too much to give up … I’m not

gonna be some F-ing bank’s buy fuel.

During the week while we were waiting for the Lounge Lizards, and trading was as

dull as dishwater, I had some conversations with management … to make a long

story short, it isn’t just NDX that’s gotten a facelift, but other CFD’s as well

… ‘bout fucking time if you ask me, but better late than never … more to the point,

the gold spread is slightly tighter, and the crude oil spread has come down to

1 - 2 cents per barrel … now, we’ve been through some central bank meetings and

an OPEC+ confab, and the spread has remained at 1 penny … right now as I write

it’s 1 penny, and today WTI crude has a $1.31 range … light to be sure, but all I’m

concerned with is the cost to trade and is there enough VIX for opportunity to be

there … quite frankly, I’m surprised the NDX100 spread held and I didn’t get raped

on slippage when I traded it last week, so I’m somewhat inclined to give them a

break on crude and gold … and while we’ll never know the details, houses do

change for the better and for the worse … this case better … cuz what I’m lookin’

at in the “Stock Bellies” is bullshit … has been last week and this entire week is

a frickin’ waste … just a shitshow circus of scumbag bank LP manipulation off

of order flow, where they front run the shit out of everything, and take turns

killing longs / shorts at will … there is literally no rhyme nor reason for any of

this … scumbag banks creating their own supply / demand … and more to the

point, 1) it’s impossible to trade this shit without risking the ranch, and 2) they

turn it so quickly the algorithm, as fast as it is, can’t keep up with the bank

… the banks know this and they exploit the shit out of it against everybody.

Another 100 point rally in minutes cuz why? … cuz shorts got fucked … now it’s

elevator down … new high / new low / new high / new low, this is simply STUPID!

… talk about blatant manipulation, this is it … the spikes from Hell, both up &

down, which are bank led via their front running proxies offshore, have gotten

to the ridiculous level … there are so many of them, it skews everything.

No trades in anything today … the NYSE opens and closes are a frickin’

nightmare mess, the spikes from Hell skew risk to such an extent it makes

indices a joke, and if that’s not enough, we got multiple reversals and all the

bullshit that goes with that to deal with as well … screw that … quite frankly, I’ll

go back to crude oil and gold for the PAMM and trade those … given new

dynamics for both with better pricing in the spreads, and far less drama and

bullshit m1 spikes from Hell, although they can show up here as well, makes for

better trading … far truer moves and how are they any riskier than these indices

given the way the banks manipulate order flow? … a lot more on this in Sunday’s

blog update, where I got more time to elaborate … as for “The Syndicate”,

Bitcoin is as dead as it was in “nuclear winter” … stuff can’t do

Mr. Jack “Diddly” Squat! … again, more on Sunday’s blog update.

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

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

-vegas