I’m gonna start with traditional markets and work my way over into crypto
… there is no bigger “delusional reality” than “Stock Bellies”, with FED
manipulation via the “Plunge Protection Team” [PPT] when banks get stuck
long futures and need a little help from central bank Apparatchiks … then there’s
the scam of “corporate buybacks”, pumping “Stonks” [the right ones] higher
cuz it reduces the float of stock outstanding, thus raising EPS [earnings per
share] while directors sit and do not a “Hoover Dam” thing, white their stock
options shoot ever higher … biggest Elitist scam going, and totally sanctioned
by the Lounge Lizards at the FED!
In no way, shape, or form are any of the 3 “Stock Bellies” markets even close to
representing the Banana Republic economy, future earnings that are
intentionally “low balled” by “expert” analysts so they always beat expectations
[just another Wall Street scam], it’s simply a financial derivatives shitshow circus
of monetary manipulation, where Lounge Lizards manipulate rate hikes / rate cuts
“blah blah, yada yada” for the benefit of major scumbag banks on Wall Street
… when these unethical, moral hypocrites & liars retire, where the fuck do they
show up for the “quid pro quo” payoff? … that’s right, on Wall Street somewhere,
getting 7 digit “compensation packages” for their prior “grift” to their masters
… on the other side of the coin so to speak, there’s the ever present sell side
manipulation by the FED via the “”Rally Protection Team” [RPT] to suppress
gold prices, whereby they use the CNTRL-P machine to create fiat they use to
sell futures and options in massive quantities … and since there’s no
accountability OR ZERO transparency, nobody really knows the extent of the
gold market losses the FED is sandbagging on their balance sheet, but it is
generally believed by many gold analysts that it’s in the HUNDREDS OF
BILLIONS OF DOLLARS OF LOSSES … AND GROWING THANKS TO THE
EFFORTS OF THE CHICOMS IN CALLING THEIR BLUFF!
One of the big problems traders face when they try and analyze any of the
traditional markets on the MT4, is that VOLUME stats are skewed by institutions,
hedgers & dealers … only the banks keep the spec figures to themselves and
we ain’t ever gonna get that information cuz it’s proprietary to the bank and they
use that to manipulate order flow to their “bigly & yuge” advantage … only with
a little logical deduction can we ever hope to get close to the truth of what specs
[and ONLY specs] are doing at the moment in real time … it’s a big problem for
traditional markets, but since crypto pairs are almost 100% spec driven &
oriented [no banks, just “arbs” that reflect spec order flow … they ain’t there to
speculate on where price is going.], volume stats at major crypto houses can be
very valuable indeed!
For “arb scalping” on IQCENT, or simply scalping and/or day trading, you have
to have another major house providing accurate up-to-the-second market
bid/offer data [e.g., Binance or Phemex] for crypto, and if your trading traditional
markets at IQCENT [e.g., EURUSD], a house provider with ZERO SPREAD or a
place like Coinexx, which has a very tight spread, OTHERWISE YOU COULD GET
SCREWED ROYALLY BY PAYING A “BIGLY & YUGE” PREMIUM, to where the
market actually is at … I only use IQCENT for their “tick chart”, so I can see the
bid/offer, and where their very latest quote is at, and order entry and liquidation
… I don’t use IQCENT for charts … cuz of their “premiums & discounts” to price,
if you only use their charts you will get inaccurate information, as well as the
fact you could end up buying premium and then selling a discount, or vice versa.
Starting today, I’m changing the “arb scalping” and/or scalping & day trading
algorithm to reflect volume [MA VALUE = 10], and I’m changing the parameters to
reflect faster changes in market sentiment, especially crypto … the “TEMA”
[White line] goes to period 13, the the “EMA” [Aqua] goes to period 7 … directly
below, on the “Gann Square of Nine” [So9], you can see that the relationship flips
90°, from a 45° conjunction / opposition straight line [9 & 17 cell values], to a 135°
conjunction / opposition straight line [7 & 13 cell values].
I alluded on Friday to the PAMM going back to the NDX100 … that’s not gonna
happen … upon some analysis & reflection we’re sticking with Gold [XAUUSD]
for 2 big reasons … 1) we’ve finally got gold over 2K, and it looks favorable for
further range and VIX values to go substantially higher … in other words, gold is
finally reflecting the reality of the Banana Republic being on a PAR with the
Weimar Republic circa 1920’s, along with Venezuela & Zimbabwe … the ChiComs
are calling the Lounge Lizards bluff, and world central banks are noticing!
… physical gold markets in Moscow, Shanghai, & Singapore are trading at
substantial premiums to the “paper manipulation” scheme of the current gold
cartel of “COMEX / LBMA / FED” … the proverbial writing is “on the wall” for
this cartel to meet its demise! … and 2) volume figures, which I’ll show for gold
in a second, are more accurate than any of the other MT4 markets!
Currently, on this side of the globe, and via offshore brokerage houses
[e.g., Coinexx], gold can be trades in one of 3 forms … 1) regular COMEX futures
[1 lot volume = 100 oz. … 2) “MICRO” COMEX futures [1 lot volume = 10 oz
… and 3) LBMA XAUUSD [spot gold, 0.01 volume lot = 1 oz. … and on the
Coinexx MT4 platform, Coinexx uses #3.
From the CME Group, directly below are first the regular futures “volume & open
interest” through Friday’s close on December 1 … right below that are the same
stats for the “MICRO” futures contract … [the “MICRO” contract a direct
response from the CME to all of the traders who trade gold offshore in 1 oz.
increments … they don’t like losing business, but if you trade in the U.S., you’re
inviting government scrutiny and problems for yourself.
If you study these figures, you’ll notice that for regular futures, volume and open
interest [OI] are relatively steady through all of gold’s up / down movement
[note: volume & OI are down from 10 years ago, when they were DOUBLE what
they are now!] … that’s cuz almost NO SPECS TRADE THE BIGGER CONTRACT
… it’s LBMA members hedging, CTA’s [commodity funds] buying / selling, hedge
funds, and the ChiComs buying to either take delivery or using the EFP [exchange
for physical] portal to get physical within 48 hours … whatever, it’s constant.
A different story in the “micro” contract, which is almost 100% spec futures
traders in the U.S. [what idiots!] … with the gold runup in the last week or so,
look at how OI has dropped substantially from prior periods! … position traders
have taken their profits! … “micro” represents about 10% of the regular futures
volume, and it’s where the specs are … and it’s at that margin where volume
figures on a shorter time frame [MA = 10m] can DIFFERENTIATE what specs are
doing versus the ebb & flow from the bigger boys who dominate the regular
futures … directly below, from Friday, gold with 1) the vegas code for
support / resistance, 2) TEMA [white line, period 13] & EMA
[aqua line, period 7, H/L2], and 3) volume figures [LIME UP VOLUME, RED
DOWN VOLUME] with 10 period MA of volume [orange line].
Lime volume spikes ABOVE THE ORANGE MA LINE after runups in price almost
always signal a short term top … lime volume spikes above the orange MA line
after a decline in price are bullish, but you need confirmation from a TEMA / EMA
crossover … Red volume spikes ABOVE THE ORANGE MA LINE after declines in
price almost always signal a short term bottom … red volume spikes above the
orange MA line after a runup in price are bearish, but you need confirmation from
a TEMA / EMA crossunder … there aren’t any “arb scalps” for gold, but for either
scalping from the long side or day trading, this is the kind of information you
need for good trades.
Same things apply to crypto … directly below, algo and volume IN SUCCESSION
for ETHUSDT, BTCUSDT, & MATICUSDT … here, the difference is “bigly & yuge”
from MT4 markets cuz the volume surges usually come from the Spec community
of traders [who I shouldn’t have to tell you are almost always wrong!].
The volume stats will help identify “arb scalps” at bottoms when you get a
“bigly & yuge” red spike in volume that’s clearly above the orange MA line.
Another market where I’ve identified “arb scalps” is on the MT4 in the NDX100
… at IQCENT, their NDX100 CFD trades between -16 to + 10 index points from the
bid/offer at Coinexx [normal difference is around -7 to -3 index points] … Coinexx
has a very tight “quoted” spread of 0.8 index points [not that you’re ever going
to get that, cuz slippage they’ve built into the quote can be anything from 1 to 5+
index points … yea, they’re that big of thieves and scumbags, but I’ve known that
for a long time in their “Stock Bellies” CFDS … the advantage here is that the
leverage for trading the NDX100 at IQCENT is 500:1 for margin purposes
… enough rope for anybody to hang themselves!
Directly below, the 20 Day & NY SESSION Range MA & MEDIAN values for the
upcoming week for selected markets.
Onto the week! … “Giddy up GOLD!” … OUTTA HERE … “The future’s so bright
I need 2 pairs of sunglasses 😎😎, and my own Brinks armored truck” 💓!!
… Onward & Upward!!
-vegas
P.S.
The MT4 volume for charts stinks … over in “Download Links” is
“volumeMA.mq4”, which you can download and install into your MT4 … it’s
much better and allows for a volume MA … in the “Colors” section, RED is
first, followed by LIME, and then ORANGE on the bottom for the MA … enjoy!
