THE GRIFTERS NEVER STOP GRIFTING

“Onto the abortion “GRIFT”! … REMEMBER, I GET 10%!”

With the faux outrage over Ukraine having ALMOST been milked dry, not the least

of which they ran out of Ukrainian flag lapel pins for Hollywood Elites, and most

importantly all of the POL Grifters [both parties] having received their kickback of

weapons system sales, it’s time once again to shift the Libtard “moral goalposts”

and use the occasion to … what else? … raise more money, cuz without your

$10 that you need to send us IMMEDIATELY, more babies will actually live and

what a sad world that is, amirite or amirite?

Never mind that your “standard bearer”, one “Taliban Joe”, actually was against

abortion when it was deemed politically convenient … but over time dark money

political contributions, getting votes from who knows where on demand, and

suddenly the guy in diapers is a hero to the Left … if it wasn’t for double

standards, they would have no standards.

Today is inflation numbers day … and the entire world is watching to see if the

U.S. takes the next step towards Venezuela … the consensus among Wall

Street’s “wizards of smart”, is that inflation cooled a bit … how much doesn’t

matter as much as the headline “it’s better than last month” so the POLS can

crow “inflation is over”! … nothing to see here Sheeple, we got it all under

control … see how smart we are!?

EURUSD for now, stuck in a bucket of shit for the 10th day in a row, and let’s

hope there’s some kind of surprise in the numbers that wakes the Hell up a

sleepy FX market … probably, we’ll see.

Welp!, the “wizards of smart” wrong again … instant & immediate 1) collapsing

prices, and 2) blown out spreads … is there liquidity in anything? … there

doesn’t appear to be and it’s 45 minutes after the stupid report! … and by the

looks of the bullshit spreads at Turnkey, plus their infamous slippage,

“protection” sought by the scumbags who claim to “make a market by providing

liquidity” [what a joke this has become], nobody really knows WTF is going on or

where the next price gap is gonna be … could be big up or could be big down,

and for sure they’ll make it impossible to trade out of anything without a pound

full of your flesh … thanks central bankers! … they call this shit “markets”?

… more like a casino table game.

Yawn, EURUSD right back to where it was when the report carnage first hit

… elevator down then elevator back up … having fun yet? … USDJPY spread at

Turnkey blown out to a joke level … throw in expected slippage on any fill, and

you’re gonna need 2 FULL PIPS on any trade to simply break even … they aren’t

gonna allow you to scalp or look for short term trades … some days I wonder

how they stay in business … what’s gonna be interesting to see, is how the

assorted central bank Lounge Lizard Apparatchiks keep the fiat Ponzi juggling

act going down the road with more & more bullshit each day … ECB Apparatchiks

all over the wires earlier today before the U.S. CPI report, talking up rate rises

… of course they knew what was coming … so will today’s “hot” inflation

numbers rekindle talk of a 75 bps hike in June, or does Spicoli and crew “walk it

back”? … whatever they do, YEN & EUR depend on it, or there’s gonna be real,

real trouble in FX land! … and as long as everything is being manipulated, it

wouldn’t hurt if the “Plunge Protection Team” [PPT] showed up and blitzkrieged

“Stonks” & “Stock Bellies” higher and trapped a whole shipload of shorts on a

massive reversal day … not prediction’, just sayin’.

And if you’re watching this horror show at home, I hope you realize there’s

better liquidity at your local grade school in marbles & baseball cards … there

certainly isn’t Mr. Jack Squat in any of these so called “high profile”, world’s

deepest markets bullshit cuz everybody is scared shitless of making a mistake

… the “Spoos” being a perfect example … quite frankly, that’s what you get with

“financialized” horseshit taken to the extreme by options markets, where

“gamma” positioning is the ONLY THING THAT MATTERS when it comes time

to squeeze somebody … everything else is bullshit … the thing about panics is,

you can’t gauge the extent of those puking, or how much they got left, and if you

take their “puke” and you’re wrong, you’ll be the next one lined up in the queue

at the toilet! … the FED better get its shit together real soon, or we could be

looking at a real apocalypse in financial asset prices.

Into the London Fix and the closing of Europe, I’m pretty sure nobody is happy

with the way FX responded today to the U.S. CPI numbers and then wilted like a

flower kept in the basement … yup, the scumbag banks first got the sell stops,

then flipped it and made the “news traders” who got short pay the Piper

… thanks, come again, day is over … again with the “lightning moves … crickets”

and VIX goes from heart attack level to morgue in very few minutes … and once

again, it’s VIX that’s being manipulated here, not price, and when they got you

trapped, you’re screwed with no place to hide and a widened spread … this

bullshit has got to stop.

Turnkey’s spreads today a frickin’ mess … absolutely appalling at times … not

every market, but the main ones literally a freak show … meanwhile crude has

another $8 range day, ho hum … BTC getting some activity, but the disaster

known as LUNA [$87 to less than $1] not helping with their stablecoin [TERRA]

going tapioca … still, BTC tied to the NDX100 in a scary correlation.

FX is an absolute mess … the way the EURUSD market is quoted is a travesty,

with today at times seeing 2 FULL PIPS between a bid/offer quote in a

microsecond, and plenty [think grains of sand on a beach] at least 1 FULL pip

… BLINK YOUR EYES and it’s the other way multiple PIPS, only to see a full

turnaround after you blink your eyes again … and no, the solution is not to blink

your eyes, the solution is to leave this shit alone unless it’s actually going

somewhere, cuz if you try and scalp it, the only scalp on the floor is yours once

you see your shit fill … rinse, repeat a few times and this can get ugly … and for

the 10th day in a row another major mess with no end in sight … no doubt

tomorrow will see multiple ECB Apparatchiks glowing about the expected rate

hikes to come, the rhetoric growing hotter and faster as EURUSD approaches

any attempt at breaching 1.05 on the downside … if the market believed any of

these shitweasels, why aren’t we higher?

Sure, the solution is obvious “IF” Turnkey offered fair & honest markets to trade

… fact is they don’t … the “Spoos” are rockin’ & rollin’, with some great ranges

and plenty of minute-to-minute action … problem is at Turnkey the “effective”

spread rate [cost to trade] is close to 3 FULL INDEX POINTS … at SIMPLE FX it’s

0.3 INDEX POINTS … oil you never know what they’re gonna do minute-to-minute

with the spread, as it can go from 2 - 3 cents on the low side, to as many as 10

cents on the high side WITHOUT WARNING … has happened many times!

… wanna be in a position and get caught in that bullshit?

I’ve looked at every market Turnkey offers, and I think there’s at least a 50/50

shot that the FTSE100 CFD being legit … it’s quoted with a spread of between

0.5 and 1.0 index points, most times closer to 0.7 than any other value … OK,

that’s acceptable … good 20 Day Range MA around 128 index points, and the

scalping / day trading ratio is close to 10 : 1 most of the day .. so far so good, but

what I don’t know until I trade it, is whether or not 1) the spread is legit or Turnkey

bullshit slippage gets added, and 2) if slippage is added by how much? … well

tomorrow we’re gonna find out, as I’m gonna be doing some light orders on

algorithm buy signals … if we get screwed, so be it, but I have a sneaking

suspicion they want the FTSE100 and the French CAC40 to be competitive … right

now, nobody really has a good DAX40 market in CFD’s, and they are all priced

over 2 index points at a minimum no matter where you go … quite frankly, the

industry may have given up on the DAX40 … in any event, if we do get hosed by

Turnkey, it won’t be by much and won’t represent any decent chunk of change

[I think], but we’ll see what happens … and if it turns out I’m right, we got a

decent “Stock Bellies” market to trade, instead of horseshit FX and piddly tenths

of a PIP, in markets that ain’t going anywhere … and quite frankly, anything is

better than what’s being offered up to us now, and I’m gettin’ sick & tired of being

sick & tired of inconsistent rinky dink ranges giving us NOTHING!

No trades today in anything … let’s see what the English “Stock Bellies” has up

its sleeve … can’t be any worse than the FX crap. 

… outta here  … “The future’s so bright I need sunglasses”!! 😎😎

… Onward & Upward!!

-vegas

 

THE GRIFTER ELITES STILL PUSHING FOR WWIII

“What the Hell is the difference? … right, there is none!”

So entirely predictable on every level … and here we go, the “war” gets pushed

out into some kind of guerilla warfare scenario, a kind of back & forth tit-for-tat,

where Vlad gets to play western futures markets for fun and profit, and Ukraine

sees billions upon billions of aid pour into the country … so, who wins and who

loses … well, the winners are clear to see … it’s the usual POL Grifters who stand

to benefit financially from aid, mainly through weapons systems built by shadowy

corporate types who employ fam members, fellow corporate Grifters, along with

the usual assortment of bribes, kickbacks, and commissions that make war a very

profitable business … then there are the losers … that would be anybody in

Ukraine “not in the money loop”, who gets to dodge bullets & bombs and hopes

like Hell he/she can make to the end of this clusterfark … ceasefire? … who the

Hell wants that? … no no, we got to have MOAR! MISSILES, BOMBS, & DRONES,

and we got to drag this out cuz there’s money to be made at the hands of human

suffering … THIS STUPID WAR COULD BE ENDED IN 5 MINUTES, BUT IT WON’T

CUZ TOO MANY POLS & APPARATCHIKS ARE MAKING A FORTUNE FROM

WEAPONS SYSTEMS! … go ahead journo’s, check it out … you won’t like what

you find after digging some.

Markets for their trouble are already past this “thing”, unless there’s a serious

escalation between Russia & NATO or the U.S. … otherwise, nobody is paying

attention any longer … it’s now an interest rate game, and the FED yesterday did

it’s part almost guaranteeing rate increase at every further meeting this year [6]

… and this is where USDJPY is most vulnerable, having violated 6 year highs

yesterday, and looking like it’s got a ways to go with plenty of corporate types

stuck … 123 - 125 the next resistance level, and if somehow 125.85 gives way, you

got to go a long way back in time to see these levels, further complicating any

pullbacks in the price level [Yen rally] that can bail out a whole shipload of banks

& corporate Jimbo’s caught the wrong way … cuz caught they are … and that

means most likely, if EURJPY is to “crack” and go lower, it’s gonna have to be

the EURUSD that folds the tent, and with inflation raging in the EU, that doesn’t

look to be happening anytime soon. 

The natural winner here is EURJPY, and looking back in the history books, this

puppy can run when it gets going, and it’s not unusual to see multi month runs

straight up and/or down with very little corrective activity … and speaking of

which, this was the 4th day in a row of STRAIGHT UP … every second I’ve spent

behind the screen looking to get long EURJPY, this shit REFUSES to correct even

a little bit … and no, 5 - 10 PIPS ain’t a correction, especially in a non dollar cross

… and today, it looked like on several occasions, EURJPY was about to “shit the

bed”, but nope … a quick turn and it’s off to the races in leaps & bounds … not as

bad as GBPJPY, which is why we’re here here instead of there, but still it’s a new

run higher … 4 days in a row.

No trades in anything today … EURJPY can’t correct and give a signal to save its

frickin’ life over 8+ hours, and BTC today is DEAD … mid afternoon in New York,

and BTC doesn’t even have a 1K range … how pathetic is that? … yesterday

simply a one day wonder … WTF? … unreal is all I can say, especially EURJPY,

and I would be shocked to see a one-way street tomorrow going into the weekend

… this straight up/down shit is driving me nuts!! … now late into the afternoon of

New York, where nobody wants to get involved unless you’re insane, NOW it

starts to correct lightly … WTF, can’t do this the whole day, but now when nobody

is watching? … onto tomorrow.

… outta here … “The future’s so bright I need sunglasses”!! 😎😎

… Onward & Upward!!

-vegas

UKRAINE & U.S. GRIFTERS … A LOVE STORY

 

“Criminally corrupt Grifter caught red handed!”

An excellent article over on ZH today, laying out the 2014 led U.S. “coup” in

Ukraine, and the pathologically corrupt Joe Biden’s role in it … “ah yes, the

“Grifter Class” in the U.S. is never far away from the money are they”? … the

link directly below.

https://www.zerohedge.com/news/2022-03-06/biden-was-personally-involved-

ukraines-2014-coup

Started with the Asian session last night, but Turnkey being Turnkey the spread in

gold hovered right around 80 cents the whole night … that didn’t change much

even when I got to the screen later around 5 AM EST … only when New York

came in did it come down to around 30 cents where we’re at now … still a tad

high, but considering the news flow not out of bounds … so no trades last night

cuz of the spread.

Now into New York, and another “meeting of talks” on tap for today between

Russia & Ukraine … quite frankly, I grow weary of this bullshit, cuz neither side

is gonna give an inch, but you never know what’s going on behind the scenes

that isn’t being reported by the PROPAGANDA MSM PRESS … so we’ll see

… trade is quiet as we await the criminal money laundering NYSE open in about

90 minutes … and then right after I write the last line gold goes “tapioca” down

$10 in one M1 … not quiet now.

This type of gold action today is prevalent when you get the type of panic open

on a Sunday night, where nothing is open but a 7-11 in Tahiti and the spreads are

a mile wide and 1 inch deep … what dealers are really telling you is “they ain’t

gonna let you scalp the market and pick them off, a buck here and a buck there

… nope, ain’t gonna allow it … and it stayed like that the entire night from what

I’ve seen … then we get New York, and for about 3 hours we had a tradeable

market before the London Fix kicked in, Europe closes, and the gold spread

balloons out again into the 40+ cent range. 

Along with that, are gone the market movements in the m1’s that actually move

somewhere, and instead we get lightning strikes followed by crickets, the usual

M.O. of scumbag bullion dealer banks that trap both longs and shorts with “false

positives” … throw in a $40 range for shits & giggles that means ZILCH, and

every minute that goes by in the New York afternoon will see more and more

traders hitting the exit gate … oh, and let’s not forget the “wildcard” here, the

“peace talks”, which are really good for scaring the shit out of traders even when

there’s no news, cuz the dealers will CREATE THE NEWS and then fade you.

While on the surface it looked like a decent trading day, look under the hood and

see there’s no engine bloc! … that “window” of about 3 hours, simply saw

straight down, followed by straight up, then sideways into the London Fix … I will

add, not atypical of a new start to the week from Sunday night, where usually

price & spreads are FUBAR until at a minimum China comes in, and then maybe

Europe starts … lately China has been enough, but with spreads blown apart, it

didn’t make any difference.

And this “peace talk” bullshit is getting under my skin … shit or get off the pot

… getting strung out with minutiae simply is to the bullion banks favor … and

while I don’t think anything will come out of this horseshit, you got to be really

careful in afternoons when news could break, cuz if they come to ANY DEAL and

you’re long, you’re gonna have a really bad next couple of minutes … meanwhile

the daily chart in gold is starting to look problematic from a technical structure

… we need some down days, no matter how shallow, and we need more spec

longs to get flushed out [like from last night] … we keep running higher on gap

openings to the upside, and the end when it comes will be UGLY, like what

happened in August 2020.

Into the New York afternoon, and price is drifting on small m1 ranges with an

occasional spike here and there, but very range bound and choppy ,,, algorithm

parameters & metrics literally on top of each other, and it’s “flip a coin” signal

time … I’d like to see some downside action to clean the market out, but so far

the only real break today came on a Russian rumor they’re willing to stop

fighting “IF” … and when the dirty little details were released it went right back

up … in other words, a planted headline to engineer selling.

And speaking of planted headlines & outcomes, here it comes, where Ukraine &

Russia both say no progress made in “peace talks” … well no shit, somebody

tell me how this is news? … and yet, gold takes off $10+ to the upside like it’s

something unexpected … quite frankly it’s the opposite! … and where does this

kind of headline rumor mill leave the algorithm? … easy, in the dust cuz you can’t

get a signal off of a straight shot move in either direction.

NO trades today for the Turnkey PAMM … if Asia decides to play tonight with

decent spreads I’ll be there … if not, screw ‘em, see ya later … we’ll see … we

don’t need $40 ranges, we need positive trading action with decent spread,

something we never got today except for a brief few hours and even then price

went straight down then straight up … then came the “peace games” … what

utter horseshit, anybody expecting a breakthrough in these so called talks

… onto tomorrow.

Over in crypto land, some heavy chop action in BTC with a sluggish trade and

range … no trades here as well … trading action in BTC simply terrible. 

… outta here … “The future’s so bright I need sunglasses”!! 😎😎

… Onward & Upward!!

-vegas