WANNABE DICTATORS & THUGS

 

“The Banana Republic has NOT chosen wisely!!”

Every wannabe dictator worth his salt has gotta have “thugs” around him

… Biden is no different …1) he’s got all the alphabet soup agencies of

harassment at his disposal [FBI, CIA, NSA, DOJ, IRS, etc.] … 2) the MSM are

sycophantic hacks in his back pocket, and 3) when in doubt, start a war

somewhere [yes, Ukraine fits nicely] … it also helps if you’re a pathological

LIAR, which of course Der Fuhrer is, cuz then words lose their meaning

… Orwell’s book “1984” was meant to be a work of fiction, NOT A FUCKING

TRAINING MANUAL FOR DEM LIBTARDS!

Overnight, the BOJ meeting at Tojo’s HQ was uneventful … “no comment” was

the word on FX USDJPY moves … so, no verbal warnings yet, and that means like

I said yesterday, it’s a “green light” for more USDJPY buying … and I wake up

today and it’s a repeat of yesterday with GBPJPY range blown out well past its

20 Day Range MA … and with today another version of OPEX, it should make for

either bat shit crazy [BSC] conditions once Biden’s Gulag [New York] gets going,

or everything is dead going into a Summer weekend.

STIRS this early AM still “sticky high”, hanging around 4.7% on the 2 YR. Treasury

Note … cuz remember Skippy, we’re ALL STIRS traders now, no matter what

traditional market you’re trading … however, with the parabolic rise in GBPJPY

we’ve seen over these last few weeks, it’s gonna take more than a few basis points

of decline in yield on the 2 YR. Note to get USDJPY lower … sure, there will be the

obligatory sell stop hunts that are coming, simply cuz scumbag banks already are

taking note where most long specs have their stops placed … who do you think it

is that’s selling this parabolic rise? … and at some point, a few phone calls will

get made, and in less time than it takes for a trader to utter, “WTF was that!?”, a

very big flush of the toilet will commence and all the sell stops get filled at the

bottom … heavy odds on some Apparatchik or POL doing the bidding, and not

some econ report … they’ll do it, NOT while GBPJPY is rising, they’ll wait for

some indication of “profit taking”” [thank you Bob Pisani, CNBC perms bull hack],

when the market is looking to correct some anyway on its own volition … then

they will strike, coming in hot & heavy! … this is the way they’ve always done it,

and it’ll be how they do it this time as well.

But, we ain’t there yet, at least not that i can see this early AM … I doubt any

Friday is “panic time” for a group of scumbag banks … meanwhile,, over in

“Stock Bellies”, its QUAD WITCH day … and that means anything to everything

can happen, especially into the close … if they did it, I didn’t see it reported, but

where was the “bigly & yuge” ChiCom stimulus package that was the

“rumor du jour” yesterday that ignited U.S. indices? … what say you JPM &

Squid trading desks? … crickets … who cares!, UP is good! … new ATH’s for the

indices by year end! … let the bogus rumors for “Bubble 2.0” begin again!

And as Biden’s Gulag opens and starts the day, we’re starting to see panic buying

of the YEN crosses, particularly GBPJPY, as Cable buy stops get flushed and the

USDJPY holds at 141 … is this panic enough, or is there more coming into today’s

London Fix? … well, this should be interesting! … we already got a 240+ PIP range

and the day has just started in New York …. fasten seat belts, brace for some kind

of impact … panic, whether it’s buying or selling, isn’t a market phenomena that

comes with “calm & reason” … it comes with “get me the fuck in or get me the

Hell out!” … there ain’t no middle ground … and remarkably, the Coinexx LP

thieves are holding the spread steady and have not blown it out … will wonders

never cease?

And just for the record and those keeping score at home, it’s been over 7+ years

since GBPJPY has been this high … next resistance level at 189 and then 196, last

seen in May 2015 … plenty of room to run, and if the UK Nitwits ever get their shit

together [a tall order], with an insane BOJ, the cross can go over 200 and back to

the heady days of before the great financial crisis of 2008 … with plenty of banks,

hedge funds, and assorted others caught either short or not in the rally, there’s

plenty of scope for chaotic and decent ranges and runs … break out the sparkling

wine [we can’t afford champagne], paper cups, and get the caterers to bring some

little weenies wrapped in bacon … party time in the cross, it’s about frickin’ time!

… thanks to the BOJ and Nitwit central bank Apparatchiks, the VIX Genie ain’t

goin’ back into the bottle anytime soon!

Now after the criminal, money laundering NYSE open, some FED Lounge Lizards

on the wires attempting to give us more “blah blah, yada yada” “higher for

longer” rates bullshit they’ve been screaming for weeks if not months … too bad

nobody is listening on Wall Street as their credibility is worse than Biden’s on

anything … “where’s Volcker when you need him with STIRS in the high teens

circa Summer of 1982?! … maybe if they talked about regulating “AI”, somebody

in fantasy land would suddenly notice and cold water would get thrown onto this

pile of FOMO shit and screech it to a halt … but alas, none of the Lounge Lizards

are that intelligent or “street smart” to understand the concept … but suddenly,

somebody pushed some sell buttons in Cable/Yen, but it gets bought up “el

quicko mucho” from BTFD-ers … get used to this for the next several weeks

… “thanks you for your sell stop on this Friday … please come again next week!

… yours truly, the scumbag bank LP that bought your bottom sell, that they set

off seconds earlier!” … now, we can make a new high! [and they did!]

It’s a little tough to figure out “what’s what” today cuz of 1) all the central bank

bullshit we’ve had to absorb over the last 72 hours from all the usual suspects,

and 2) a $4 TRILLION DOLLAR QUAD WITCH DAY in futures and options fantasy

land … with literally ZERO TRANSPARENCY, how the Hell do you sort through the

maniac price moves in “Stock Bellies” and tell wheat from chaff? 

And if that’s not enough, quick glances at the order boxes will tell you that

scumbag LP’s everywhere are taking full advantage of this to rape traders to the

MAX with shit fills at every opportunity … they’ll do whatever they have to do to

prevent you from picking them off with scalps, or at a minimum making it difficult

for you to do so … I don’t wanna hear the bullshit about “liquidity providers”

… they aren’t providing liquidity … they trade their own book, and if in that

process you have an order they want, you’ll get a somewhat fair price … on the

other hand, if you’re entering an order they don’t really want to fill, like a buy

order on the way up, they will mug you, rob you, and then rape the order, thanks

for playing … and for the scumbag banks, it doesn’t get any better than QUAD

WITCH day for their trading desks.

Meanwhile, STIRS up to 4.78% now, “Stock Bellies” could care less, and we find

out via ZH, Biden is a bigger crook than previously thought, with now $20 - $30

million from foreign interests, according to bank records … wannabe Dictators

ALWAYS shovel money to themselves and family … ask any of ‘em! … the link

below.

https://www.zerohedge.com/political/house-oversight-chairman-says-there-

evidence-20-30-million-illegal-payments-bidens

But hey, who can trust bank records? … and those 20+ “shell companies” used to

hide the money, created by Hunter, what does that prove? … cuz as everybody

knows, other “thugs and dictators” simply love to wire money for no reason to

shell companies controlled and owned by a POL’S family … just to be friendly

don’tchaknow, and get nothing in return? … is there ANYTHING BIDEN HAS

DONE [a/k/a as “produced”] IN OVER 50+ YEARS EXCEPT BEING A LYING POL?

… well, no actually there isn’t, unless you consider “influence peddling” a

business product … and quite frankly as everybody and their pet monkey knows,

if Biden had an “R” next to his name, he’d already be swinging from a rope … get

the popcorn ready, can’t wait for the “debates” between Der Fuhrer and RFK, Jr.

coming down the road … what a circus shitshow that will be!

Into the financial Gulag afternoon, and things have slowed considerably now that

Europe has closed … GBPJPY STILL SCREAMING HIGHER with USDJPY

approaching 142, and “Stock Bellies” drifting at somewhat lower levels seen in

the morning … I guess the FED Lounge Lizards that spoke today giving some

heartburn to price, but as we move to the close, things could get a bit “dicey”

… “what’s $4 Trillion among friends?” 

I said in yesterday’s blog post, that I would spend some time today writing about

both the DOW30 & GBPJPY, and how I’m trading them at IQCENT & Coinexx,

respectively … I’m deferring that ‘til Sunday’s blog update, where I got more time

on my hands and I can be more extensive in my analysis for readers.

Only 1 algorithm buy signal trade today for the PAMM in GBPJPY … PAMM

UNCH’D … we were confined all day by the blown out 20 Day Range MA, although

the “Trading Ratio” [TR] held up well throughout the day at over 5+ … I’ll have a

lot more on the pair come Sunday’s blog update, including how I trade the pair

going forward … meanwhile, given the volatility, the DOW30 not having near the

range VIX suggests … a rather modest 300+ index point range [so far], but it is

QUAD WITCH day, so there’s that major influence … multiple trades for

”The Syndicate” at IQCENT in DOW30, and we’re UP APPROXIMATELY 0.4%

… more on this pair as well coming Sunday … going forward, my goal is to bring

PAMM results up more in line with “The Syndicate’s” results, and I’ll have more

on that in the blog update … until Sunday.  

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

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

-vegas

MARKETS HAVE NO CLUE

“Completely dysfunctional!!”

How should any of these so called “markets” [cough, bullshit, cough] react when

the entire fabric of society is a complete and utter mess? … why should markets

be immune from the same insidious bullshit that affects everything else?

… literally very little makes any common sense for the public good, as special

interest victims groups dominate government hacks … and just like markets,

nobody has a clue … looking around the MT4 board today early, everything adrift

in bank chop bullshit … there are no vibrant markets, those have passed away

with the dinosaurs.

Perhaps the largest contributor to this mess is the fact that “the math” of

government malfeasance, stupidity, and corruption of the nation’s currency by

the Lounge Lizards at the FED has hit the point of inflection where it can’t be

ignored … spending on “stupid shit” by government, financed by the CNTRL-P

machine, to muster votes to stay in power has got to stop, but is unlikely to do

so until they’re forced out … the nation’s debt cannot be sustained, and markets

are starting to notice … loss of volumes & liquidity are the starting points, and

we have certainly seen that in spades over the last few years … meanwhile, the

country is being led by a complete Corruptocrat who can’t complete a sentence

when talking … Fuhrer Biden is a complete train wreck … when is he going out

at room temperature? … that would mean the “Manchurian Candidate”, word

salad Kammy, would be in charge and that’s scary! … quite frankly the state of

markets doesn’t look all that rosy.

Today is Wednesday, and before the gurus of FX start their “blah blah, yada yada”,

I can already hear the excuses that FX in particular is waiting for the FED & CPI

next week … “great, more speed of light … crickets bullshit on the horizon”

… can’t you guys just tell the truth for once? [well, no they can’t!] … more than

likely today will see FX chase treasury STIRS up/down the yo-yo roller coaster

… at least initially, though, Cable starting the day with a very bad “Trading Ratio”

[TR] of barely 2 … anything below 3 is not good, so 2 stinks … not really any

better in USDJPY either … under these conditions, anything places like Coinexx

throw at you with phantom variable spread bullshit and/or horrific fills off the

market, and it makes it that much more exponentially difficult to make money

… when markets are moving their tricks & criminality can be overcome … when

things slow down and the TR goes sub 3, they got you right where they want

you … as I’ve said before, the manipulators control VIX, and that very much is

to the scumbag bank LP’s benefit and your detriment … and sadly, that’s the

reality of trading today inside the casino in the era of central bank manipulation.

Am I supposed to believe the Bank of Canada [BOC] raising rates when they

were supposed to hold steady, is the reason for STIRS to go bat shit crazy [BSC]

to the upside, and thus create complete havoc in USDJPY for a few seconds?

… and once again, the banks catch specs on the wrong side of order flow and

spike the shit out of price … “gee, that hardly ever happens right?”

… Bwahahahaha! … criminals, top to bottom … and now Cable catching the

waterfall … it took a minute or two but the result is the same.

Multiple trades today in GBPUSD on algorithm buy signals … PAMM DOWN

SLIGHTLY … over at IQCENT, NO TRADES FOR “The Syndicate”, as a platform

malfunction that needed support to fix [which they did] took over 3+ hours to

solve.

A number of conclusions today after viewing the trading action … for Cable a

decent range of over 100 PIPS and yet the action literally stunk the joint up

… very INCONSISTENT VIX, where a few m1’s did OK, but far too many were

very skimpy to non existent in terms of scope of range and trading action

… which leads to the EXIT QUESTION OF THE DAY … “if the range is over 100

PIPS and it sucks this badly, how can you ever expect to see consistent VIX

going forward on less than stellar VIX days? … cuz if you don’t get it on a day

like this, when do you get it?” … as a result, in order to get the necessary VIX, we

have to move over to USDJPY and deal with the warts & blemishes there … don’t

wanna do this, but we got no choice … be careful around reports and take note

when the Lounge Lizards are expected to speak, as this market is “hair trigger”

dynamite off 2 YR. Treasury note yields … do that and events won’t blindside

you … onto USDJPY … IMHO, today proves you just can’t rely on either Cable

or EURUSD to provide enough firepower to get the job done.

As I’ve noted before, we’re all STIRS traders now, and since the bank failure

mess, STIRS have been all over the place on reports, Lounge Lizard

doublespeak, & rumors … that isn’t going away anytime soon, and nothing

reacts faster to changes in STIRS than USDJPY … nothing like kissing the pig

wearing the lipstick! … ho hum, just another DOUBLE REVERSAL DAY IN

USDJPY for fun & excitement … onto tomorrow.

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

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

-vegas