SUNDAY UPDATE: A NEW ERA IN GOLD

 

“Better life through gold trading!”

I like what I saw last week in gold, cuz there’s better IVIX on the M1’s and a little

bit more FOMO & panic to the trade … in other words, just like crypto! … I have

no idea if the scumbag bullion dealers are completely gone from gold, but the

trade feels better to me … not as much suffocating pressure on price all the time

… hopefully this continues indefinitely.

Over in “Download Links” I’ve posted the pdf’s for position trading GLV, SLV, &

BTC … no positions yet in the SP500, cuz everything in the “Stock Bellies” is

skewed to shit, with PUT protection pricing off the charts and a market that

refuses to go down. When positions are initiated, adjusted, or closed, I’ll update

the pdf’s.

Another shortened week due to tomorrow’s celebration of July 4 … can’t have

federal workers get “robbed” of a day off, so natch everything is closed in

markets … FX will be open, though, and it’s a normal day for Asia & Europe.

Onto the week … outta here … “the future’s so “GOLD”-en bright I need

sunglasses”! 😎 … Onward & Upward!! 

 -vegas

 

CAN ANY COUNTRY SURVIVE COMPLETE DYSFUNCTION?

 

“Dysfunction personified by the great philosopher George Costanza!”

Today’s NFP idiocy a little unusual, since it comes right before the July 4 Holiday,

and U.S. markets are closed on Monday, so it’s gonna be a rather quick session

to do anything, with only about 2 ½ hours from report to the European close,

where I guarantee come 11 AM EST [New York], traders will start hitting the exit

gate for home … gold will be open in Asia & Europe and closes at 1 PM EST

[New York] on Monday … and if history is any guide, often times these type of

days can get somewhat wild … not prediction’, just sayin’, cuz they aren’t the

dead affairs most would think are automatically in the cards.

I find the last few days headlines from financial markets to be totally

dysfunctional … the lies & propaganda being fed the public is a disgrace … no

more so than today’s heralded jobs report, where we learn over half of the jobs

were 1) bartenders, and 2) “indoctrination specialists” [a/k/a “teachers”] … I can

understand the bartenders, cuz to live in the U.S. you need alcohol to make it

through the day given the third world status the U.S. now enjoys … I guess

“indoctrination specialists” cuz of all the kids needing summer school since

they’re dumbed down to the point of being just slightly smarter than a basket of

retarded kittens … the U.S. is in fact 4th century Rome, simply to dumb too

notice what’’s going on and too poor to care.

Once again today, gold takes off on a run right before the jobs report … amazing

how often those involved in ramping markets always seem to be on the right side

of the report … probably nothing  … gold today doing it’s best impersonation of

Ethereum trading action, which as I’ve said before, this IS THE FUTURE OF

GOLD! … and “giddyup”!, I’m certainly ready for it … for lack of a better term,

I’ve decided to simply call the scalper model in gold [this is for GOLD / SILVER

ONLY] simply “VEGAS GOLD SCALPER” … as I said yesterday, this algorithm is

so good, that at first you don’t want to believe it … seriously … today is rather

unusual cuz of the report + Holiday, so for my money only about 2 ½ hours of

effective trading before things go dead quickly.

There were multiple algorithm buy signals in gold today … TURNKEY PAMM

UP SLIGHTLY LESS THAN 0.1%

I will note, that they were all winners, although some came in the last half hour to

hour of the European session, and these I did not take cuz I was concerned about

getting trapped in a dead market ahead of the Holiday … my volumes were very

light as well for the same reason … come next week, volumes will increase and

normal trading can resume.

Meanwhile over in crypto, it’s dead all over … not only are ranges contracting,

bid/offer spreads in the alt-coins are widening, and trading conditions going

south faster than Biden’s mental state … I’ll have more on the crypto space in

Sunday’s blog update.

You look at markets across the board, and none of ‘em really doing anything

today, even with the slight NFP miss to the upside … FX better than yesterday,

but that ain’t saying much … “Stock Bellies” losing ranges & VIX, just what the

manipulators want to see, and the only real range put in today was in gold

… granted, the way it got put in rather suspicious, but nonetheless you still got

an almost $21 range, just slightly smaller than its 20 Day Range MA, which has

been skewed upwards cuz of the June 16 & 17 “Thelma & Louise” rides over the

cliff … in other words, a pretty normal day … get used to it, and that added IVIX

cuz scumbag bullion dealers have either quit or severely scaled back operations

in gold, is a definite plus for us cuz it makes scalping trades easier!

Until Sunday’s blog update  … outta here … “the future’s so “GOLD”-en bright

I need sunglasses”!  … Onward & Upward!! 

 -vegas

IT HAS COME QUICKER THAN I THOUGHT

 

“Stick head in deeper for added insight & wisdom!”

Quite frankly, I thought it would take some time to manifest itself once Basel 3

started on Monday … here it is Thursday, and I can already see & feel the

difference in how gold trades … you can’t really see it on the daily, or other time

frames other than the M1, but for my money GOLD HAS MORPHED INTO HOW

ETHEREUM [ETHUSD] TRADES MINUTE-TO-MINUTE … the striking similarities

of the wicked m1 trading action, which is killing most scalpers, can be seen quite

clearly … and the way gold has traded inside these lower ranges this week, is no

indication of how bat shit crazy [BSC] the m1 is … this is a different market than it

was pre Basel 3 when scumbag bullion dealers ran the show … it definitely has

MOAR! M1 intraday volatility [IVIX] than before.

And so the question is, “does the increased IVIX in gold on the m1 outweigh

paying a higher cost to trade by about 10 cents per OZ. at Turnkey, than at other

offshore houses”? … from what I’ve seen, the answer is yes, cuz in the scheme

of things 10 cents is only 1 tick in the futures market for gold, and I don’t think

10 cents is in any way a factor in whether I make money or not … it’s more of a

rounding error and pain in the ass than anything else … yea, I’d rather not pay it,

but the PAMM doesn’t have a choice here … the real question is, can this BSC

“new” market in gold [and crypto if you go there in BTC or ETH] be modeled

accurately so we can capture scalping profits consistently? … and yes, I

KNOW IT CAN!  

The way markets stand now, there’s only 4 markets that have any consistent

intraday volatility to speak of that doesn’t stink to high heaven … 1) BTCUSD,

2) ETHUSD, 3) XAUUSD [and by default XAGUSD as well for those who prefer

this market], and 4) DOW30 … each has its own unique fingerprints for how they

trade … picking up the rear, in a universe far, far away is FX, where each day I

wonder how it can get any worse, and then it proceeds to show me … what

absolute garbage trading conditions … I can take low VIX & IVIX, but this is

ridiculous.

It looked again today like Cable could rally, especially after slightly missed PMI

numbers, but the flows won’t have it, and they got faded like a cheap suit in

sunshine … 6th day in a row Cable is lower, and trading conditions are about the

worst I’ve ever seen … as the sun came up on New York for the U.S. session,

Cable had a range for the day in the 20’s for PIPS … I mean, seriously, there isn’t

anything I nor anybody else can do with shit like this … now minutes away from

the London Fix, and it appears banks are gunning for the lows again … tomorrow

sees NFP Friday … oh fun, oh joy … more bullshit from the math whiz kids at the

Department of Unicorns & Fairy Tales … quite frankly, it appears to me that

markets in general can’t wait for the July 4 Holiday … and yup, here comes the m1

spikes lower into the “Fix” … what Dopes.

I’ve said before, I think gold is a “quasi crypto” pair … it has the scarcity, but like

crypto it has the “fear & greed” cycle along with spec FOMO that causes &

contributes to panics of all stripes … now post Basel 3, if gold has morphed into

ETHUSD like I think it has, at least from a trading perspective, then why bother

with crypto when there’s gold with much better trading conditions? … simply put,

why screw with BTC & ETH from a scalping / trading perspective to make money,

when there is the cheaper alternative of gold? … quite frankly, maybe cuz it’s

Summer, or NFP week, or the 4th of July Holiday weekend coming up, but FX in

its present condition offers no value … the whole purpose of scalping is

“dislocations” in price inside market trading paradigms AND PROFITING FROM

THEM … how do you do that when Cable can’t move 5 PIPS in 3 hours? 

The way gold is trading, IF YOU CAN MODEL ITS BEHAVIOR POST BASEL 3, it’s

the best market going by far … granted, there are brokerage houses out there,

that are slightly cheaper than gold at Turnkey, but they aren’t available to U.S.

citizens AND you need to do KYC … Turnkey has the best gold conditions for

any NO KYC brokerage house going, and from what I’ve seen their latency on fills

is above average and the slippage is minimal, usually under 5 cents per OZ. … so,

when analyzing the math and getting away from the emotion of paying more than

others, it still makes sense for the PAMM to trade gold at Turnkey.

I need to mention, though, that although the 2 algorithms I’ve posted for FREE

over in “Download Links” either work exceptionally well for above average VIX

markets [Tunnel Trading] or low VIX markets [P5], gold is in a category ALL BY

ITSELF when it comes to scalping … even BTC doesn’t move as fast as gold off

bottoms or corrections, and pretty much everything you’re gonna find in terms

of indicators are going to be TOO “HOOVER DAM” SLOW for gold … in other

words, too much “buy fuel” is given up JUST TO GET THE SIGNAL, and that

delay will pose problems to profitability over time … fortunately, I’ve got the

solution!

Starting with tomorrow’s trade, I’ll be back in gold using a proprietary method

designed SPECIFICALLY FOR GOLD POST BASEL 3 [or silver if you prefer]

… like I said, it has come quicker than I thought … originally I thought maybe

August or September would see gold exhibit what we’ve seen this week … “OK,

fine by me, LET’S DO IT!” … and while I have been trading & testing this scalpers

method in proprietary accounts, so I KNOW IT WORKS AND WORKS

EXCEPTIONALLY WELL, tomorrow sees me back in gold for the Turnkey PAMM

using it … I’m not ready to release it to the public at large, cuz over the next week

I want to show the results first … and quite frankly, I’m not sure yet the logistics

of how I want traders to have this … we’ll see!

Onto NFP idiocy tomorrow, and then comes the 4th of July Holiday weekend

… traditional FX has gotten so bad, it’s almost a waste of time tracking trading in

it cuz it isn’t moving worth a shit … and once Europe closes it’s even worse … I’m

not giving up on it, but simply refocusing on gold post Basel 3 … these European

trading sessions of sub 30 PIP ranges, and even if it goes to 40 - 50 PIPS is just

bullshit … focusing on gold just makes sense.

NO trading in anything today … Cable simply sick, and crypto excluding BTC &

ETH just as bad … color it pathetic all around, but gold was different … and with

the model I developed, you’ll see the difference!

 … outta here … “the future’s so “GOLD”-en bright I need sunglasses”! 😎

… Onward & Upward!! 

 -vegas

SUNDAY UPDATE: THE DIGITAL REALITY

 

“Powerful ideas & information, once released, can NEVER be contained!”

In the final analysis, it doesn’t matter what I want or care about … at some point,

sooner or later, everything I create becomes public knowledge … granted, it

might take some digging & sleuthing, but once anybody but me has what I created,

it’s only a matter of time until some enterprising young & hungry trader either

figures it out, or gets an illegal copy of my research & work … and if you’re

“selling” that information or knowledge, no matter how invaluable it is, sales will

plummet to ZERO, others will change a few minor details and market it as their

own, and you end up with “Butkus” … digital information once “out there” can

NEVER be contained … and quite frankly, no trader has the wallet of Microsoft

and can go after pirate copies of proprietary digital property … and by the way,

how many of us at one time or another have downloaded an MP3 favorite song or

two from a recording artist? … yup, that’s a lot of hands I see in the air!

And with the rise of digital commerce has come a new way to do biz, one that

upon reflection flips the “pre-digital” society on its head … what I learned many

blue moons ago getting my degree in investment finance, and by extension

everything to do with marketing, is almost useless today … the paradigm has

shifted so greatly, nobody back then could have ever dreamed of what we see

today … you would have been committed if you suggested it! … but it’s here

nonetheless, and it cannot be ignored.

The “power” of anything in commerce, is now squarely in the hands of the

consumer, not the producer … and when it comes to digital content, it’s

especially distinguishable cuz once it’s out there, it’s out there! … people will

find a way to get it, and often times [especially in trading algorithms] they’ll

FUBAR it, and when it crashes & burns they’ll say it was the creators fault [me!]

… this is the state of the financial world, and it isn’t gonna change.

Today, all that matters is the “value” an individual places on information … and

of course, that valuation changes from person to person … some place no value

on information, no matter how valuable, and there isn’t anything anybody can do

about that … nothing … cheapskates are what they are … what one trader finds

valuable and makes him a millionaire, others will find less valuable cuz they

don’t have the discipline or patience to follow directions … in the end, each

consumer is faced with a “choice” … when it comes to creative trading

algorithms, the vast majority of traders, or wannabe traders, demand to “run it”

and see for themselves how valuable it is before paying a single cent to anybody

… from the creators perspective, this presents problems, not the least of which

is people lie when asked how valuable it is, and then pay nothing as it makes

them rich … such is the world … however, not everybody is like this.

In the spirit of the digital reality paradigm we now enjoy, I’ve made the

COMMAND DECISION to make the MODIFIED TUNNEL TRADING [TT]

ALGORITHM available to the trading public for FREE, available in PDF [Adobe]

through various links on this blog over in the right hand column under

“Download Links” … there will be multiple files, including Metatrader mq4 files

for installation into the MT4 trading platform, as well as help PDF’s for those who

need it … once finished in a few weeks [I hope], you’ll have at your disposal the

most powerful trading algorithm you’ve ever seen! … “who’s gonna steal

something and try and profit off of it, when it’s available for free on the website?

… take away a thief’s profit motive, and what is to gain? … anybody with any

brains comes directly to the source”!

Now, I need to interject for a second and talk about the TURNKEY PAMM / MAM

& also trading for “The Syndicate” on the “open order book” platform at PHEMEX.

I had hoped that Turnkey would provide a competitive market in BTCUSD &

ETHUSD, the “Big Two” of the crypto trading world … that hope went up in flames

right after Christmas with a massive [seems permanent to me!] increase in

bid/offer spreads that would make Vito Corleone blush with envy, and there isn’t

any indication that’s gonna change … yup, they’re a “Class A-1 RIPOFF!”, coming

in at least 100% higher than anybody else out there, and often times when both

pairs get “bat shit crazy”, they can be as much as 400%+ higher … and that’s not

even considering slippage! … Ughhhh, what a shitstorm! … that leaves XAUUSD

[spot gold] & USOUSD [WTI Crude Oil] as the only 2 markets at Turnkey … I

absolutely refuse to trade any FX cuz of the overt daily manipulations of volatility

by the central banks … as many know, since last March when the pandemic hoax

first arrived, and markets “tanked” severely, the gold bid/offer spread went

hyperbolic and was untradeable for months … apparently the loss of trading

revenue forced the scumbag bullion bank LP’s to get “religion”, and since

Thanksgiving spreads have come down almost back to pre March 2020 levels

… only about 10 cents per OZ on average higher, but ranges are greatly enhanced

… I for one, only trade gold from the “LONG” side, and have no interest shorting it

… others have no such qualms and don’t care … that’s their problem & their biz,

and it doesn’t bother me one bit … as such, the trading algorithm since I’ve turned

to gold last week has been, for most of the day [European open - NY afternoon

… about 9 hours or so] in “SELL MODE” … you’ll see what the algo does when it

goes into “BUY MODE”, but we haven’t seen it yet … for those selling though,

last week couldn’t have been better via the algorithm! … and pretty much the

same scenario for crude oil.

When I first put together “The Syndicate”, I didn’t think crypto would become this

volatile this quickly, and pretty much be in the “bat shit crazy” paradigm every

single frickin’ day … but hey, here we are! … my main intention was originally to

trade BTC as a “market maker” … well, that’s now out of the question as BTC

moves so fast & furious it’s almost impossible … and that has moved on over to

ETHUSD, where it has become impossible there as well … starting tomorrow, I’ll

be attacking crypto with a “modified” approach, and not necessarily interested in

strictly “market making” opportunities … as such, “The Syndicate” hasn’t really

seen the RAW POWER of the trading algorithm, and I’ve missed some awesome

trades looking to “market making” … therefore, DO NOT jump to conclusions

regarding the algorithm based on results seen for “The Syndicate” up to now

… while they’ve been good, they’re pitiful stacked up against algorithm

“buy signals” in all of the crypto pairs PHEMEX offers.

Bottom line is that nobody has really seen the POWER of the trading algorithm,

either at Turnkey or PHEMEX … that’s about to change in a big way!

About 15 years ago, I released the original “Tunnel Trading” docs, but they were

for longer time periods [HR1, & then later HR4] … this was due to the then odious

high spreads in everything FX, along with high commissions, that made day

trading or scalping almost impossible … so, the “blueprint” is already out there

… the algorithm supports scalping [M1] up to intraweek position trading [HR1],

and everything in between … and it’s FREE! … so, what’s the “catch”? … the

“catch” is simple … everybody can get it for FREE, read it, study it, DEMO it,

analyze it, and see the POWER! … at the FREE level, though, I won’t be providing

any support … no videos, no emails, no live chat … I give it to you, and you run

with it, it’s as simple as that … markets I support are ALL crypto pairs at

PHEMEX, both spot & leveraged perpetual futures, and on the TURNKEY MT4,

XAUUSD & USOUSD.

Once I release the algorithm files, I will be offering PREMIUM ACCESS to those

that sign up & support our efforts via PATREON … PREMIUM ACCESS gets you

1) live chat during North American trading hours with me & other PREMIUM

members [super secret, anonymous, encrypted, and erased after it’s over], 2) full

email support, 3) special access videos I’ll be producing ONLY for PREMIUM

members, and 4) access to “Priscilla The Trading Gorilla”, one of my devoted

followers I have personally trained [I think she’s gonna “Squeeeee” she’s so

excited about this!] … all of this to come in the months ahead.

OK great, I can feel the absurd excitement all the way to the shores of the

hacienda here in the Caribbean, what’s it gonna cost? … PATREON allows you to

sign up and donate PER MONTH using your bank credit/debit card(s), and like

PayPal the receiver has no knowledge of your card details… initially, I’m gonna

be asking for $5 per month per subscriber [“25 cents per trading day M-F, the

weekends in crypto are FREE”!] … “I don’t care how small your account is, if I’m

not worth $5 per month for all of this, then get it for FREE and go home … good

luck”! … if you think we’re worth MOAR! [of course we are!], then sign up for a

larger donation amount … I’m using the power of groups to make the cost as

small as possible, and I’m letting you decide what everything is worth to you.

Once that is accomplished, and more than likely it will be simultaneous, live chat

will become effective for PREMIUM members … after that, digital media videos

will be platformed, more than likely at “BitChute”, the non censored media

platform of choice … after that, “Priscilla” will make her debut, and PREMIUM

members can pick her Millenial Brain on which markets she is focused via her

PREMIUM access blog website, chat with her as well [and yes, she is single &

very attractive!], and get her unique insights into trading and how she utilizes

the trading algorithm … and of course, she’ll be doing videos as well for

PREMIUM members ONLY … all of this of course, to 1) make you a SHIPLOAD of

money trading your favorite market, whether it be in crypto, gold, or crude oil.

A lot on the plate as I start 2021, and I’m “eye deep” creating the necessary PDF’s

for readers, along with the mq4’s for MT4 … more coming in the days / weeks

ahead of us.

Onto the week … I’m full steam ahead! … Onward & Upward!! 

-vegas