SPECIAL WEEKEND UPDATE: GBPNZD, GBPAUD, & EURAUD ANALYSIS

“It’s always a good thing to have the right analysis!”

Ok, over in the “Download Links” section of the website [right hand column] are 2 new Adobe PDF’s that you can view online and/or download via my shared file at box.com. Simply click on the PDF and enjoy. The first is the “SPECIAL UPDATE: GBPNZD, GBPAUD, & EURAUD ANALYSIS” and the second is “THE MT4 VERSION 3 VOLATILITY ALGORITHM TUTORIAL”.

Both are worth your time and effort, and the tutorial has been completely redone to reflect the version 3 algorithm; the Yen & gold tutorials that were on the website have been taken down because they are now obsolete. I’ve mixed some of the information in the prior tutorials with plenty of new analysis, so make sure you make time to give them some thought.

The “SPECIAL UPDATE” goes into GBPAUD in some detail, and given the information and analysis I present, you’ll see why I’m switching trading over to GBPAUD from EURAUD; simply more volatile with about the same risk profile and not giving up much in terms of the “net” cost structure.

Have a great rest of your weekend everybody, and I’ll be back tomorrow!

-vegas

OUR ‘TURNKEY FOREX’  PAMM/MAM  IS NOW OPEN AND OPERATIONAL; SEE “PAMM/MAM MANAGED MONEY PROGRAM” IN “DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND START YOUR JOURNEY FROM WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!

 

TUTORIAL IS FINISHED & POSTED!

Crowds everywhere celebrate the release of the “Tutorial”!!

And you thought I only lounge around in my gym shorts all weekend and get nothing done … not so … I lounge around in my gym shorts all day every day and pretty much avoid getting anything done! … but, I was a busy little beaver this weekend getting the tutorial finished and linked up to the website last night. [For you Obama voters who need a little help this early in morning (it’s 11 A.M.), the tutorial file is available for viewing online or download over in the “Download Links” section of the website in the right hand column (no, your other right hand).]

I want to highlight 2 key criteria from the tutorial; 1) the algorithm was created and “flows backward” from the exhaustion lines to the rules & trading signals on the M1, and 2) the largest stumbling block I had to overcome in developing the algorithm was giving up my “hope” that I could somehow predict exhaustion moves, and moved away from that to realize what is more important is to simply put yourself in a position to capture “all exhaustion moves” by defining every M1 as “an exhaustion move”, thereby allowing us to identify the “precedents” in the market that must happen first before you see any upper exhaustion move. In other words, it’s all about “OPPORTUNITY” , and the fact that since we can’t predict with any accuracy, it’s more important to “be there” when the conditions [aka trade signals] are right and simply wait for it to happen and capture it.

You don’t have to be able to “predict”, you just have to be smart enough to put yourself in a long position via the trading signals that in every instance give a buy signal before an upper exhaustion move occurs; by doing this simple task, by default you will capture any exhaustion move and thereby defeat the necessity of playing [and losing] the prediction game! It sounds simple enough on its face, but believe me, it took me a very long time to see this “trading truth” and give up wanting to be able to “predict” and call myself a trading genius; “I’d rather be stupid and rich, thank you.”

You’ll notice also from the “Download Links” that the title of the tutorial has the DOW30 in it; that’s because I finally realized when writing that all 4 of the markets we have volatility algorithms for have the same theoretical constructs as gold; it’s simply the different “personalities” of each market that are the reasons they have different trading rules & signal parameters. The philosophy & logic of the algorithm’s main premise, the actual math behind it all, and Gann’s ‘Square of Nine’ all are the common threads that are present in each market’s volatility algorithm; so why have a separate tutorial for each when there is so much redundant material in all of them. So, if you trade crude oil for example, simply “swap out” gold and think crude oil when reading; same for the other markets as well.

Now that I have the tutorial finished, in a few days I’ll have the DOW30 done as well and posted up for viewing and/or download. As always, I support what I write, and if you have any questions/comments about the tutorial, I’d love to hear ‘em from you.

And before I forget, you people unfortunately stuck in the mainland U.S. are now back on “regular” time, as Daylight Savings Time is over; great news for me, because down here in Paradise none of the Caribbean islands ever need to make time compensations during the year for sunlight, so New York is now 1 hour behind me. That means, of course, I get to start my day 1 hour later, and it also means the start time for gold on the MT4 has changed with ASSETS FX server time changing to 13:00 from 12:00, and LMFX staying the same at 15:00 server time.

“Ahhh, what a great time of year for those of you in the mainland U.S. … this is the time of year I start to watch the weather channel at night so I can get some giggles thinking about “wind chills” over about 80% of the country. Enjoy the 4:45 P.M. sunsets!”

Turning to gold today … now you know why we never take positions home over the weekend … you just have no idea what’s going to “pop” when you are playing at the beach for a couple of days. Exit Question: “How many FBI, DOJ, or other asshats in government knew about this before markets closed on Friday and positioned themselves accordingly for the Sunday open for some, quick, easy bucks through their offshore accounts somewhere?” I’d love to know. [“And believe me, they ALL have offshore accounts.”]

Here near the open, gold feels soft, even with the bloodbath lower opening from last night … today’s trade is either going to be “balls to the wall” volatility or “dead in the water” I wish I’d stayed in bed. I don’t see a lot of middle ground here going into tomorrow’s election. We’ll know soon enough … an hour into this and I think I’ll clip my nails … some equities strength early after the NYSE open sending the DOW30 right up to the RM=1 exhaustion line … chart of this directly below, and once again the exhaustion lines prove magical!

As would be expected, correlated weakness in gold, but so far nothing to buy… I’d be surprised if the bullion banks & dealers didn’t do some retail spec sell stop hunting down here … first trade of the day directly below.

What you need to recognize here and remember are 3 criteria of prime importance; 1) the price is below the daily calculated white horizontal line, and this move can be described as a “waterfall” that didn’t hit the exhaustion lines, 2) having said that, and getting long once the next M1 goes green [which it did right away], the whole point of this trade is to catch the move back up in a very short time frame and then liquidate it back to the dealer LP at a higher price because we are below the white line. These types of trades must have the obligatory “short leash” on them because probability wise what we are playing is the “pop”, and 3) you can’t care [when you liquidate] what happens to price; maybe it goes higher, but from where I’m sittin’ it looks like it is stalling and can’t make any more headway and therefore needs to be liquidated. The trade made a few pennies per Oz. but that isn’t the point … concentrate on the trade and the algorithm rules, not the money!

And, an hour later here we are hitting marginal new lows, while the SP500 is taking weekend shorts to the woodshed. Equities were way oversold anyway coming into this week, and this Cankles bullshit where she isn’t guilty of a crime by head FBI professional asshat and part time rodeo clown Comey, just gave them the excuse last night to light the fuse for short covering. And today, those position players in equities on the short side saw their “risk exposure” blow up in their face as “gamma” went exponential and the risk-parity funds were forced to adjust. Any wonder why the guys managing $5 billion+ in hedge funds are taking early retirement and/or shutting the doors to their now defunct funds?

We now have about a $16 range for the day, and unless some other “news shoe” drops, I don’t see anything besides “chop city” dominating the market until tomorrow when big money will start shoving markets around as election results come in and somebody is forced to puke. Until then I don’t see the point of trading this stuff anymore today. Could be wrong … if I am I deal with the consequences of missing opportunity … that’s all.

Beach beckons … I’m outta here … Until tomorrow.

Have a great day everybody!

-vegas

OPEN A DEMO AND/OR LIVE ACCOUNT AT THE LMFX LINK IN THE “DOWNLOAD LINKS” SECTION OF THE WEBSITE TITLED “OPEN TRADING ACCOUNT – DO IT NOW!”

 

DOES “PROOF” EVER MATTER?

Did you do this? “What … do what … whaddaya talkin’ about?”

It’s simply amazing to me just how fucking “brain dead” the average American has become; “oh, you want proof? How about the career criminal running for President? At least Trump isn’t a criminal; Cankles, on the other hand, has been involved in so many scandals & crimes you need an Excel spreadsheet to keep track of them all. Oh wait … that’s right, Trump said bad words 11 years ago on the Howard Stern radio show about some fat pig girl, and she got her feelings hurt … now that’s a crime!"

Throw in the dubious, panic stricken Dem operatives looking for dirt anywhere and everywhere they can find it, to change the “narrative” for the sycophants in the MSM, and it’s amazing what a little cash and some “pro bono” work from legal feminist shills like Gloria Allred can do in finding “some” women who now claim Trump “groped” them … what … 10 – 40 years ago? … and are now, weeks from an election just seeing “the light” and want to go public. Where were you when it happened? Where were you in the primaries? Why now? Oh wait … sorry … I’m not supposed to ask inconvenient questions like this. And … make sure you never forget this feminist truism … “women never lie about this stuff, so you MUST believe them!” [Unless of course you’re Cankles, and a Democrat, and are protecting and enabling your serial rapist husband, all the while destroying the lives of other woman … then … “I didn’t see anything, did you?”]

“Oh boy, there I am again pointing out inconvenient facts or inconvenient questions I’m not supposed to think about … what’s wrong with me?” So, there’s the “proof” … why would you still vote for this Cunt?

BECAUSE “PROOF”, IN AND OF ITSELF, WILL NOT BE ABLE TO OVERRIDE A MORE IMPORTANT AGENDA; IN THE CASE OF PROGRESSIVES LIKE CANKLES, THAT AGENDA IS THE UTTER DESTRUCTION OF MAINSTREAM TRADITIONAL AMERICA, AND TO HER SUPPORTERS, THAT AGENDA IS MORE IMPORTANT THAN THE FACT SHE IS A DETESTABLE, ARROGANT, ELITIST PIECE OF SHIT THAT BELONGS IN SOME PRISON.

Which brings me to trading. [Remember kids … Life Imitates Trading; Trading Imitates Life.]

Over these last weeks, I’ve been working on a “tutorial” document that I will release very soon, and will have in the “Download Links” section of the website over in the right hand column, entitled “Volatility Algorithm Exhaustion Lines Tutorial”. This is a document I have spent an enormous amount of free time on, and basically what it does is offer “Proof” that the volatility algorithm is highly profitable, and by default, anybody can use it to base a trading career on and thus leave the “Pudding Business” and “escape to success”. I realize these are “tall words”, but I back up my claim with market history and cold hard probability theory.

QUESTION: “If you could own any business in the world, what would it be?”

MY ANSWER: “A gambling casino because the math doesn’t lie and you are guaranteed profits. Probability theory shows it is impossible [over the long run] for a casino to lose money from its gambling operations; the mathematical expectations are always positive.”

Trading offers no “hard” mathematical expectations [positive or negative], so the only thing that comes close to analysis is “market history”; from that, if the sample size is sufficient [meaning of course, has the market been around for a while], I can make my case for “proof” through probability [and by default statistics] theory.

What I have essentially done in this “tutorial” is back away from the trading manual and look at the algorithm “through the eyes” of the exhaustion lines; backwards, if you will from the manual, which presents the algorithm in a straightforward manner with the signals and then discusses the exhaustion lines which are used for liquidation [both sets] and trade initiation [lower exhaustion lines only]. Here, in the tutorial, the exhaustion lines [aqua & red] are the focus, and signals and rules of the algorithm flow backwards.

What you will discover, of course, is that everything I write about in the manual is 100% correct; the difference now is that I show “proof” [charts & probabilities] that everything works in harmony starting with the premise that the exhaustion lines are our “foundation” for success, our “bedrock”, to build profits and make trading a solid career.

ONCE YOU READ & SEE THE TUTORIAL DOCUMENT, IF YOU DON’T HAVE “GOOSEBUMPS” ON YOUR ARMS AND LEGS; IF THE HAIR ON YOUR NECK ISN’T STANDING AT ATTENTION, THEN YOU OBVIOUSLY DON’T CARE ABOUT TRADING, MAKING MONEY, & LEAVING THE “PUDDING BUSINESS” ANYTIME SOON. I’m telling you right now, the information is powerful and should cause you to lose some sleep thinking of the ramifications for your trading life … and no, I’m not being overly dramatic, like I got something to sell you … like all –vegas documents, this is freely distributed [view online or download] to serious traders and my vested interest is to see you all make money and “escape to success”.

[In all seriousness, you can thank my mentor Bert for this; the multitude of hours spent on creating this tutorial is payback to him for everything he did for me as a dumb ass 20’s something “skull full of mush” decades ago and the untold thousands of hours he spent doing stuff like this with me when he most definitely didn’t have to; you are the beneficiary of my work dedicated to his memory and his true love of trading. I share his passion and dedication to trading, and most of all of everything he taught me, I have come to realize over the years just how important it is to pass along the knowledge to others [like you], who find themselves at the same place I was many years ago. So, for those of you wondering why I do shit like this when I don’t have to, now you know … make a few million Dollars (at least) trading … see what you think then … you will have a whole new understanding of where I’m coming from and where I want to go.]

The tutorial file I would like to get done and linked by the end of this coming weekend, but we’ll see; if not, most definitely within 2 weeks. At the top of the website it says: READ. THINK. STUDY. ACT. PROSPER. If you take the information I am going to present to you and you do that, you WILL MAKE A FORTUNE TRADING! One other thing before I turn my attention to today’s trade; initially, all the charts & info in the tutorial pertains to gold; after the document is released, I will spend the time and get the DOW30 appropriate charts, and all the info can be used in that market as well.

Turning to gold this morning … “hey, how about a proctologist’s exam today? Whaddaya say Doc?” I’m thinkin’ today’s got a lot in common with Friday … low volume … low daily range … market drifting .. but who knows, it’s early yet. Then, we got an early buy signal; directly below the first trade of the day.

“Oh looky here Ma, clean livin’ is sure payin’ off.” Liquidated on the exhaustion line “hit”. “Thank you trading Gods, $6 per Oz. looks damn good from where I’m sittin’!”

[“Ummm, why no honey, nothing happened … why do you think that? … well yea, I made a little here … why do you need to see the screen? … ATM card, why do you need that? … wait, what?... what just happened here?"]

And since I just spent the first part of today’s blog on exhaustion lines, below is a sample analysis of today’s action I give in the tutorial. The algorithm is premised on Gann’s work plus my own proprietary theories on momentum [vector calculus; force & direction]; together you got the visual model right in front of you. The numbers behind all that “work” is what the chart commentary below is all about. Note how close the algorithm model captures the profit the mathematical work of Gann’s Square of Nine calculates it to be in theory. “If you can’t be happy with a result like this as a trader in real time, then I can’t help you, and I would venture to say you are asking for ‘perfection’ from a market that only gives probabilities. In other words, stop being delusional.”

ATTENTION NEWBIES: If you find all of this confusing, and don’t understand, download the components file and read it; I give a very detailed explanation of the Square of Nine, and how you can get the link for your PC to create your own and do further research if you want to.

Looking at the market here, with that explosion higher, we now got about a $10 range; can the market expand on this? I’m not betting on it, given recent weeks; we’ll see, but I want “Mr. Market” to show me the range can be expanded before I start trading at the upper ends of what has become small daily ranges these last 2 months.

Once again, the lure of free lunch from playing golf with chumps other trading professionals [“You hear that? He just called me a ‘trading professional!”] is moving me out the door to the links. I don’t want to eat free lunches, they make me. Uh oh, the dog ain’t liken’ like this.

“Wait … what? Ok, let me get this straight .. yur gonna go hit a white ball around the grass and I don’t get to come?... WTF? … Ok, I see how it is … this is abandonment, pure and simple … you comin’ back for me? … You damn well better … I got a beach to pee on Mr.! … time for a nap.”

Well, that went well. Anywho, I’m sooooo outta here; dog takes a nap, the Mrs. has some cash, I’m headed for the golf course [free lunch a slam dunk], what else could a guy want? Until tomorrow …

Have a great day everybody!

-vegas

OPEN A DEMO AND/OR LIVE ACCOUNT AT THE LMFX LINK IN THE “DOWNLOAD LINKS” SECTION OF THE WEBSITE TITLED “OPEN TRADING ACCOUNT – DO IT NOW!”