SHIT WEASEL GOVERNMENT IS ALWAYS THE PROBLEM

 

“Who Biden really is under his mask!!”

It doesn’t really matter what it’s about, if government at any level is involved, the

problem is started by them and then made worse with idiotic solutions, that in the

final analysis only expands their power and control over events & people

… Biden’s, and by default government, response to the Lahaina fire tragedy is

one of the most pathetic attempts at damage control I’ve ever seen

… [Dear Hawaii: you voted for the lying, criminal prick, so deal with the

consequences of his total incompetence … loss of life is sad & regrettable,

but you wanted him, so you got him!] … carry it over to the FED Lounge Lizards,

who let’s face facts here, have not a fucking clue what they are doing, throwing

darts against the wall for answers, hoping they can buy time until fate saves

them and the country from a devastating deflation followed by hyperinflation

… it can’t and won’t … and while they CNTRL-P print TRILLIONS, they sit and

wonder why inflation is “sticky high”, and why nominal [not real] bond yields

refuse to fall … how much FUBAR can a society take before it all collapses?

… not a rhetorical question! … why do Banana Republics become Banana

Republics? … POLS cheat their currency, cheat their people they represent, and

ultimately any trust in any institution falls to ZERO, and the Totalitarians step in

to “save the children” … Hell, at this point I wonder if elections will be held in

2024? … who lends money then to a bankrupt Banana Republic?

Which brings me to gold … I understand what’s happening to price, but I don’t

agree with it … IMHO, it’s a very short sided approach to a much bigger problem

lying dead ahead for the Banana Republic … and that’s hyperinflation, which

most assuredly is coming … but, and this is important to understand, never

underestimate the ability of government to change the rules, and/or completely

distort a market for their own propaganda efforts, and rule over a market for a

period of time … but what can’t be sustained, won’t be … the FED’S hubris cuz

of the CNTRL-P machine is great, but the FED is alone in the world in shorting

gold, as others, most notably the ChiComs, gobble up every OZ. they can get

their sticky fingers on … at what point does the FED throw the proverbial towel

into the ring and give up? … they already have losses in the hundreds of billions

of dollars, which is kept hidden from public view, but at some point the

“Hoover Dam” breaks, and gold skyrockets … nobody is bigger than the market,

something I don’t think the Lounge Lizards understand, but regardless their

hubris they can’t stand alone against the tide and the entire world wanting and

buying gold … at some point even the most blindly arrogant learn the hard

lesson of history, which is, in the end GOLD ALWAYS WINS! … to be sure, lately

the 20 Day Range MA in gold has been going lower and is at about a low point

as can be had IMHO, given world economic events and circumstances, reflecting

sagging spec volumes and trading interest as rates go higher, and the bullish

bounces seem very tiny compared to the moves lower … but at these levels

around or below 1900, the bounces should become more pronounced with

bigger rallies … and I am acutely aware of the nature of gold, to bankrupt the

masses by being too early to the “buy train” … and that means gold gets added

to the PAMM trading list as a potential candidate when conditions are favorable

for long positions … more on gold in tomorrow’s blog post.

GBPJPY not doing anybody any favors today with a very sloppy and tight range

[so far], where it’s been a slow walk down the lower RM=2 on the m15 for over 7+

hours … FX in general beholden to U.S. rate changes for any movement during

Mid European to the end of the New York session, and whatever “Scumbaggery

& Fuckery” during the Asian session by the ChiComs, and how they’re dealing

with an economic collapse in their real estate market … and that’s it! … EURUSD

& Cable moving lower with higher 10 YR. rates, with EURUSD getting hit the

hardest … “Stock Bellies” chopping, and praying that come Friday, Spicoli

doesn’t go full retard “higher for longer” in his J-Hole remarks, so they aren’t

doing Mr. Jack “Diddly” Squat, except walking lower after the usual NYSE open

“Chipmunk feeding” didn’t materialize, disappointing 0DTE traders everywhere. 

And YUP, it’s August, can ya tell?!

“Gap pricing” evident in spades today, where scumbag banks keep markets

unusually quiet for minutes on end, and then suddenly Bingo! Bango! Boom!, off

a market will run a few PIPS in microseconds, thus catching order flow right at

crunch time and trapping traders the wrong way … it’s who they are, it’s what

they do! … how the Hell do you think they make their money? … from

commissions? … puleeze, gimme a break!

Now after the London Fix, FX has literally died … nothing here … no trades today

in anything … just nothing to do from the long side, as FX went lower while the

YEN rallied the entire session I’m here … small movements in both the 2 & 10 YR

the catalyst to almost every tick seen … cuz as you should know by now, we’re

all interest rate traders whether you like it or not … onto tomorrow.

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

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

-vegas

GEOPOLITICS COME INTO PLAY … TROUBLE IN XI LAND

“Could the “ChiCom Kung Fu Flu” be his downfall!!?”

If we in the West are hearing about riots and protests in China, 2 things you can

take away from the news with total certainty … 1) it’s a lot worse than being

portrayed, and 2) somebody in Xi’s camp, possibly in the military, want him gone

… this could get interesting.

Welcome to “clown world”, inside the world’s largest casino, where one hopes

the lunch buffet is better than the trading action … I came into today around

5 AM EST, and after seeing the dollar get monkey hammered lower, thought the

best case scenario would be in Cable … err, no … shit can’t even hit a range of

100 PIPS, while YEN and EURUSD are screaming … now with the sun rising and

the U.S. ready to come back after the biggest “Beefaroni & Raman Noodle

Holiday” evahhhhhhhhhh [used to be known as Thanksgiving, but 6 Indians

in New Mexico find that offensive, so you’re a racy-ist, bigoted pig if you don’t

abide by the “woke” Libtards doing their best to ruin your life.].

So with New York gearing up, the entire space can go tapioca … cue up the

broken record … “WTF, do I have to move to frickin’ Thailand or what?”

… decent action seen in the Asian session, so what else is new? … but that’s the

Asian session, and now we got to deal with New York, a completely different

animal, where “chop” is the mantra “Hoover Dam” near every day … now at just

past the London Fix, and everything that was moving is stuck in mud … FX pairs

as a group muddling along with barely acceptable trading conditions

… “Trading Ratios” [TR] as follows at the London Fix … GBPUSD = ~ 5,

EURUSD = ~ 4, USDJPY = ~ 4.5, & GBPJPY = ~ 4.5 … again, all acceptable if the

markets are moving, but they ain’t moving, they are simply chopping at a faster

than usual rate, with more than all of them having their fair share of spikes from

Hell followed by “rinky dink” m1’s … in other words, very INCONSISTENT VIX

across the FX board … “Stock Bellies” just about dead, and crude oil getting the

“Thelma & Louise” treatment cuz of trouble in ChiCom land.

Reversal day in Cable, as the post London Fix sees a new low for the day

… earlier, we had a new succession of highs … well, that ended quickly enough

… still nothing to get excited about, as Cable is a long ways away from its 20 Day

Range MA … even with the choppy conditions, and less than ideal movements,

the binary options trades appear to be working extremely well with the trading

algorithm … an anecdotal cursory look in USDJPY, and the last 10 buy signals

were higher 1 m1 later … I mean, whaddya want? … as it becomes apparent with

every passing minute that 20 Day Range MA’s aren’t going to be achieved in the

spot FX CFD’s, trading here becomes a real crapshoot, even with TR’s slightly

above 4. 

Mighty spikes that go absolutely nowhere, especially in USDJPY which on some

days has become a nightmare, is a problem when chop sets in, and if slippage is

an issue, it gets exponentially worse … over in energy today, WTI Crude Oil with

an approximate $3.40 range, and Brent about $3.70 … while OPEC+ can control

supply, they can’t do shit about demand, cuz that falls to the ChiComs, which if

the riots and protest get any legs from here could really put a dent in oil demand

going forward … can WTI hit the 60”s? … meanwhile Natty Gas just hangs each

day with an approximate 50 cent range, high spread, and traders there watch the

weather forecast for the midwest like a hawk watches for rodents … unfortunately,

the high spread makes it untradeable as a CFD, nobody that I know of has a binary

option on it, and up & until there’s a place to trade it that makes sense, we got to

leave it alone … before Turnkey did the unthinkable and merged with Coinexx,

they had a very good spread going … that disappeared the second Coinexx got

their slimy fingers on it and ruined it … so, maybe in the future it can be traded,

we’ll see what happens.

One algorithm buy signal today in GBPUSD … PAMM UP SLIGHTLY … not the

kindest of entry fills, but not the usual “bend over” you sometimes get from

“SLIPPAGE FX” … liquidation was excellent, right on the bid price … the rest of

the week has key data coming out, with another NFP Idiocy day coming Friday

… so, you’d maybe figure today is the worst of the bunch for the week in terms of

trading conditions and ranges … let’s hope so, this chop resulting in few

algorithm signals is bullshit … however, overnight it will be all eyes on China for

further riot & protest news and developments … it will move markets. 

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

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

-vegas

 

BLACK FRIDAY … IN MORE WAYS THAN ONE

“Things are about to get ugly real fast!!”

Now that everybody in “Murica has had their Beefaroni and/or Raman Noodles

for Thanksgiving, it’s time to shop ‘til you drop … only the U.S. consumer is

tapped out, so I don’t expect sales to be rosy going forward … then there’s the

myriad pile of world problems our elected “leaders” will make worse [like they

always do] … oh what a future! … more debt, more inflation, more crime, more

corruption, and it makes you wonder when it all ends in a train wreck … sooner

me thinks than most think is possible … if my parents were alive to see the

disgusting state of the U.S. today, they would both puke … complete depravity

and perversion everywhere, especially Hollywood … corruption a hallmark of U.S.

financial markets, and a public that has been dumbed down to almost the level of

retarded kittens on meth … throw in high inflation, crime off the charts, and to top

it off illegal immigration, and yea … the only thing to be “happy” about is one less

day that Biden and his crew of Communists got to pillage the country … that is,

if they can’t get us in WWIII and nuclear war, which from where I’m sittin’, they’re

trying awfully hard to accomplish … Satan has never had such devoted disciples

dedicated to evil, than the Corruptocrats in the D.C. Swamp. 

Today’s “Slots-A-Rama” brought to you by world central banks, the very thing

you need to focus on to anesthetize your brain cells to the unraveling of the

country you think you know, but don’t … I say that, cuz collectively dumb shits

all over ‘Murica keep voting for the same crooks, thieves, liars, & hypocrites that

caused the problems in the first place … misery loves company I guess, why else

would you want more of what hurts you?

A tiny bit of movement in FX in the late Asian session, but that’s it … NADA to

speak of, as ranges are going to fall far below their respective 20 Day Range MA’s,

and things will close up shop around 1 PM EST … fact is, too many traders taking

the 4, 5, or 6 day weekend … the richer you are the more days you take off … if

you’re a struggling 1 lot piece of futures pond scum, you’re trading corn spreads

at 2 AM, looking for a nickel … it’s just the way it is … no trades today, USDJPY

over the last 8+ hours has a about a 40 PIP range, and a lot of that came in the last

hour with banks tripping sell stops before coming back … without that it wouldn’t

even had been 30 PIPS … nothing you can do with that except get in trouble

… onto Monday.

I’ll have the Binary Options & CFD manual for IQCENT [or any other place you

wanna go to] done by Sunday’s blog update … and with that, I will have covered

it all … energy, FX, and binary options along with selected CFD’s in metals and

“Stock Bellies” … as we move into next week, I’ll be getting up earlier and hitting

markets much harder … USDJPY, GBPUSD, GBPJPY, & EURUSD [maybe, if it can

move] … one of the four has to be moving, and if crude oil gives us an

opportunity, and “SLIPPAGE FX” [a/k/a Coinexx + Turnkey] keeps the spread

reasonable [a very big “IF”], I’ll throw oil into the mix as well … we have

everything anybody could want in trading, it’s simply time to execute, and I’ll be

doing that starting Monday.

Blog update on Sunday … OUTTA HERE … “The future’s so bright I need 2 pairs of

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

-vegas

BRITAIN GOES COMEDY GOLD

“If GBPUSD were a person!!”

Welcome to insanity on steroids … panic up / more panic down, and the trading

action in Cable simply wicked … thank you POLS & Apparatchiks for all you do

… oil not being traded today, simply cuz Turnkey’s scumbag HFT LP’s have

blown the spread out and don’t want to play … screw ‘em, I’m not paying a 5 cent

spread to trade oii … it is what it is, nothing we can do about it except B.I. Itch,

and they don’t care.

Cable as wicked in its price moves as I’ve ever seen in the electronic era of

trading … nothing but out of control freight train moves up/down, reflecting the

panic of the moment, and when it’s done it’s panic the other direction … the

“Flying Wedge of Death” [FWD] never looked so good on an m1 chart as seen

today.

Multiple trades today in GBPUSD … TURNKEY PAMM DOWN SLIGHTLY

… collectively, down a couple of Happy Meals from Mickey D’s … quantifying

risk here is “Hoover Dam” near impossible, and the one “false positive” we had

today turned on us at the speed of light … all of our other trades were profitable

… if crude oil had had a normal spread today, i would have traded that, the range

and trading action pretty much back to normal … and while I really like the crude

oil trade, I’m not giving money away to trade it … hopefully the scumbag LP’s get

their shit together and we can go back to normal oil spreads next week … not

that there’s anything wrong with Cable, but I like oil better when conditions are

proper and right.

The panic turns in GBPUSD price are something to behold … extremely fast and

vicious … as wicked as anything you’ll see in crude oil when it’s bat shit crazy

[BSC] … the difference, though, is that oil doesn’t have the predominance of the

manipulative banks, and is physical based, not QE fiat money printing to prop

banks up … in essence that means purer moves in theory … earlier today I had a

brief conversation with Turnkey about the oil spreads, and while frustrating to

see them as variable as they can sometimes be, spreads in futures can get wild

as well … I understand that … but you need to hold these Asshat LP’s

accountable and you don’t … I was assured that wasn’t the case, but for the

umpteenth million time, I told them they need to ditch these thieves and get

better, MORE CONSISTENT LP’s in their pricing … good luck with that, it’s nice to

dream isn’t it? … so we just have to live with it when they get greedy and

deal with it.

Blog update on Sunday … OUTTA HERE … “The future’s so bright I need 2 pairs

of  sunglasses 😎😎, and my own Brinks armored truck” 💓!!

… Onward & Upward!!

-vegas