WHEN SHTF ON A MONDAY

 

“Running a large hedge fund & not caring about RISK!”

Welp! … we now have some answers to Friday’s plunge in “Stonks”, followed by

the “Plunge Protection Team” [PPT] buy-a-thon … today’s worry, though, is the

brokerage fallout from that and it looks like Credit Suisse is on the hook for

some serious losses … “wait, wut? … there supposed to be “Swiss” and of the

highest pedigree when it comes to managing risk … well, nothing like floating

some dollars in front of your eyes to make you think you don’t see what you

should see"!

Started today with an internet outage that was supposed to end at 6:00 A.M, but

since this is the Caribbean, and nobody here can tell time worth a shit, I finally

got back on around 9:20 A.M. EST … I can B.I. Itch ‘til my face turns blue, but

nobody cares here, they just laugh at you and go about doing all the worthless

shit they always do … so, after living here over 5+ years now, I’m better at

accepting the “manana attitude” prevalent here in the Caribbean.

Dollar flows into Cable at the European open, only to see a massive sell off

[and almost double reversal on the day … still early, so it’s still a possibility]

when gold tanked below 1720 … “Stonks” all over the place at the NYSE open,

and the indices [“Stock Bellies”] mirroring a craps game in Las Vegas

… FUBAR top to bottom.

Meanwhile, rates on the 10 YR go stubbornly higher, which I’m pretty sure has

led gold lower … and the metals look worse than death on a stick at the moment

… from the long side, just nothing but trouble as every frickin’ rally of anything is

sold and sold heavy … when you look at FX, it’s hard to not hate every pair, as all

of the major central banks are filled with Nitwits, Scumbags, Apparatchiks, and

those looking to line their pocket at every opportunity, while simultaneously

screwing the middle & lower classes in their respective country by going full

retard CNTRL-P … none of course bigger than the faculty lounge Lizards at the

FED, where since 1913 they’ve done a bang up job of ruining the dollar and

lowering the standard of living for everyone but the 0.00001%, which of course

is who they listen to and kiss ass … still, it’s hard to see most days which central

bank is worse, as they all race each other to the bottom of currency devaluation.

One algo buy signal in GBPUSD today … TURNKEY PAMM UP SLIGHTLY.

There were 5 signals I couldn’t take from the European open to when I got internet

back on and running … and since gold puked, action has slowed “bigly & yuge”,

and now into the New York afternoon with Europe closed, Cable is slowing

remarkably and it’s drifting with a lower bias, that unless rates or “Stonks” go

magically higher, order flow looks and feels “stuck” long, but who knows what

the criminals of Wall Street have planned for the afternoon … and as most days

will attest, after Europe closes, FX crawls thereafter ‘til the Asia open some 8

hours later … get a trading signal and it doesn’t mean much unless there’s news

… and what that means is it’s time to hit the exit gate.

Over in crypto, BTC up from the weekend on news Visa will be soon taking

Bitcoin for payment on Visa cards … for all of you gold lovers and Bitcoin haters

out there, when do they add gold as a payment option? … oh right never, and

now you know just one of the many reasons why BTC goes up and gold continues

to go down … for “The Syndicate” today, some signals in ONTUSDT [Ontology],

which I’m coming to appreciate more as a trading vehicle … better pricing and

movement than either BTC, ETH, & ADA … anyway, we’re UP SLIGHTLY, as after

New York got going everything but “Stonks” frickin’ dies, and crypto is no

exception … “Asia flies, Europe sleeps, and the U.S. session frickin’ DIES”!

… but I will be trading more ONT going forward, with some early Asian session

action [if it’s there] before I call it a night.

Better trading action today in Cable, but I wonder how much of that is due to end

of Q1 flows? … and with rates [10 YR] going higher, why is Cable hanging onto 3

days in a row up? [close to UNCH now, so we’ll see what trouble the afternoon

brings] … seems like all of FX is nothing but a trading Ponzi scheme, with “you

know who” running the show” … EURUSD with a 30 PIP range for the day … what

the hell is that? … talk about manipulated or what? … playing any type of

“fun-durr-mentals” is a fool’s errand, cuz there ain’t any … on the surface, only

rate differentials, but that leads & lags so badly it’s worthless … every bit of FX

is manipulated bullshit by central bank planners hell bent on implementing their

destructive policies on their country for the benefit of the global elite & their

banker buds who supply the “skim” to their Bitcoin e-wallets, and unless you

realize what you’re up against and how to defeat it, they’ll carry your account

out “toes up”, and you’ll feel like the “Chump” at the poker table and wonder

WTF happened … well for sure, they aren’t gonna tell you Skippy! … the algo

really does a great job of keeping any trader on the right side of the market,

modeling price behavior based on “buy fuel” … cuz all that matters is order

flow, and under the right circumstances the scumbag bank LP will work for you

and not against you! … if the scumbag LP banks aren’t front running corporate

orders, they’re fading order flow from specs of all stripes … and when that

order flow stops, they’ll turn it the other way and make traders bleed … they do

it every frickin’ day! … don’t bleed Skippy!

Just remember, you get rich from trading in 2 ways … 1) not getting whacked,

and 2) money you make is MONEY YOU KEEP! … until tomorrow … “the future’s

so bright I need sunglasses”!  😎 … Onward & Upward!! 

-vegas

THE FARCE CONTINUES

 

“Meet the man behind modern day financial trading!”   

Another day, another trip into the modern day casino a/k/a financial trading 

… this week sees another “this is the most important FED meeting evahhhh”!, 

come on Wednesday, where it would be best to hide the children from the lies 

& total bullshit that will get spitted out via the MSM, as if it came from the 

“Oracle at Delphi” … and yet again, the “Chuckleheads” in Asia panic near 

the Asian session close, and bid gold to a new high for the day … words fail 

me … it’s not the ChiComs fingerprint, and the market needs new suckers for 

the banks to unload on and take advantage at some point in New York. In 

short, same old shit, different day waiting for Wednesday. This stuff will be 

lucky to move $4, once New York shows up.

Of course, when you’re doing God’s work here on earth, and controlling the 

Peons, anything can be rationalized in the interests of “national security”, and 

nowhere does manipulation scream louder than at the FED, where for the last 

116 years they’ve never gotten anything right … not once … not ever … and 

this time won’t be any different, cuz when the QE led stock market Ponzi 

scheme comes crashing down, right up to the last second they’ll be 

proclaiming “Everything Is F-ing Awesome Baby!” to anybody that will listen.

And along with the daily dose of propaganda that comes from the financial 

MSM, the FED, the BIS, and all the other central bank “whiz kids” scattered 

around the globe, “gold never matters until it does” … and we are getting ever 

closer to that moment with each passing day.

Mid morning, and even with the colossal number of shit days over these last 

months, this one takes the cake … this is as bad a trading action day as you’ll 

ever see … literally nothing going on with zero volumes, nada liquidity, and 

nothing but mini stop hunts via the usual scumbags we have to deal with daily. 

Why anybody would trade this under these conditions is beyond me … there 

isn’t anything here but mystery ticks & spikes from hell, that go nowhere. 

And of course, the excuse will be we’re waiting for the FED on Wednesday, 

which simply gives cover to the “skim” being taken out of the market by the 

scumbag bullion dealer banks. You’d literally get treated better at a casino 

playing slots, than trying to figure out where the next mini manipulation 

scheme is going to take gold in the next M1. This isn’t trading, this is 

manipulative bullshit.

“Everybody enjoying this $3 and change range today”? … everything there is to 

hate about trading, wrapped up into this POS, with the usual accompanying 

wide bid/offer spread and “slippage candy” … sure, they’re just giving money 

away today, no worries here … never mind the fact that if you lose 1 penny, 

you got no way to make it back in this crap without risking a helluva lot more 

… and when it’s all over, you’ll wish you simply drove down the road with the 

windows of the car door open throwing out $20 bills ... it would be cheaper!

“Well, that escalated quickly to the downside didn’t it”? … proving once again, 

that no matter what Asia does, New York plans on undoing it once they take over 

… what a bucket of shit”. Long liquidation from position holders earlier today, 

throwing in the towel. Today’s trade seeing nothing but drifting manipulation 

… tomorrow likely to be even worse.

I’m outta here … simply can’t take another minute of this drifting crap 

… nothing to do but be glad I’m not playing today … until tomorrow mi 

amigos … Onward & Upward!!

Have a great day everybody!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND

OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 

SERVICE.  DETAILS IN “DOWNLOAD LINKS” SECTION IN 

RIGHT HAND COLUMN. START YOUR JOURNEY FROM 

WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!

 

GROUNDHOG DAY … THE REAL LIFE VERSION

 

“Rewind the trading tape … same old shit, different day!”  

Third day in a row, we see the “same old shit, different day” syndrome at 

work … ranges in Asia & Europe $10+, and that means rewind the bullshit 

trading day tape for more of the same today … nothing of significance on the 

economic docket today, and the drama over for the moment … with 

the expanded range overnight, it’s tough to see what motivates gold to move 

other than the same "skim” bullshit the scumbag bullion dealer banks provide 

to line their own pockets … in other words, my take here early is, we’re gonna 

be lucky if New York sees a $4 range today.

I find it supremely ironic the gasps of horror coming from ‘Murica, over the 

college admissions cheating scandal … that the scum of Hollywood, Wall 

Street, the Hamptons, and the upper echelons of power they’ve constructed 

for themselves, has elicited shock … Shock! I tell you … that they could be so 

“low life”, hypocritical, deceiving, and quite simply liars & crooks … “you 

know, they desperately want you to believe what they themselves truly despise 

… hard working Americans who earn their rewards, and who don’t pretend to 

be something they aren’t”. Ughh!, how downright pedestrian the plebes have 

become.

  
The only mistake they all made was simple; “your payoffs/bribes  didn’t include 

the “right” people … no Pols, no Apparatchiks, no state & local government 

types who feed off the public like parasites, no “higher education” types that we 

know of so far … in other words, no bribes to those that matter”. Flip this 

around and think of the scumbag bullion dealer banks, who rob the public 

daily with overt manipulation of the metals markets … hundreds of millions 

of dollars a day … where’s the outcry? … where are the investigations? 

Of course, we all know why it’s allowed to take place … Pols & Apparatchiks 

of all stripes including the Judiciary, regulators, exchange parasites, and 

brokerage house execs ALL get part of the skim … this has been going on 

since the days of physical trading pits, where on Mondays most brokers 

would mysteriously bring brown bag lunches that day, and on the elevator trip 

up to the clearing house to pick up my trading coat, I’d ask them on the 

elevator, “hey, lemme see what kind of sandwich you brought today”! … and of 

course get the “evil eye” stare, or simply told to fuck off … so, see my shocked 

face that is shockingly shocked! And yet, 30 minutes later, all their clerks in 

yellow coats are scurrying around the exchange floor with multiple brown bags 

in their hands looking for other clerks to take upstairs … “hmmm, must be a 

large refrigerator upstairs somewhere that I don’t know about, that keeps all 

these sandwiches nice and fresh” … yea, that’s the ticket … nothing to see here 

Sheeple, move along.

All it takes these days, is one look inside government at the power level, and 

you can easily see the corruption that emanates as brightly as the sun during 

the day … think DOJ, FBI, CIA, NSA, SEC, CFTC, NFA, IRS, etc., etc. … so, 

to all you Elites, congrats on being dumb asses, you simply forgot to include to 

pay those who count, and that ain’t some tennis or water polo coach … “you 

should have learned from the scumbag LP banks, cuz they cheat, rob, steal, and 

plunder every day to get what they want … what were you thinkin’? … and of 

course, today is another day, and the band plays on while everybody pretends 

Wall Street is honest … no wonder this country is in deep trouble”!

Another day, another $10+ range that will now get beaten up into a pulp by 

New York … I have no idea what today holds, but history says it’s over before 

it even has started … deal with it, cuz that’s what New York is about in gold. 

However, you shouldn’t interpret the historical data as an invitation to fade 

Asia and/or Europe … marginal moves in New York often happen in the 

direction of Asia / Europe, or it simply goes sideways in glorious chop … not 

all the time does it get faded like a cheap suit; many times it does, but it’s not 

automatic.

Here right before the official COMEX open, gold makes marginal highs to 

take out buy stops, and then proceeds to get “monkey hammered” in seconds 

… “hmm, amazing how so called random markets seem to always do this, as if 

there’s some kind of invisible hand at work … nah, just coincidence, let’s go 

with that today shall we”? [snark] Can we just ban New York banks from 

trading gold? … we’d be doing the world a huge favor.

Fast forward to almost Noon in New York, and the clusterfark that is gold 

continues … terrible liquidity and volumes today, and the mystery ticks & 

spikes from hell are compounded by the fact that it’s a Friday … and for all 

the hoopla of the range overnight, New York proves my point again … viz., 

that first they attempt to undo it, then they blow buy stops up, and then they 

bring it back to where it was 11 hours ago … where’s it gone to? … Nada is 

where, but in the process an awful lot of traders get chewed up and spit out on 

“false positives” and eventually feed the stop hunts … “screw that”! And once 

again, for like the 59th million time since trading started decades ago, the 

scumbag bullion dealer banks in New York, not only screw the shorts, screw 

those hunted via buy stops, but turn it around in the afternoon  and everybody 

who is now long has a problem. It’s simply what history says happens, and spin 

it any way you want, the evidence is clear … “anytime Asia & Europe combine 

to give the gold market a $10+ range, when the NY bank sellers get to their desks 

around day break, 90%+ of the time it either goes sideways or in the opposite 

direction to end the day” … buck this, and you might as well be peeing into a 

90 MPH wind and expect not to get hit.

New York afternoon, and I want no part of this ...all this is, is chop trading for 

numbskulls … I’m outta here early today … this party was over before it even 

began … blog update on Sunday … until then mi amigos 

… Onward & Upward!!

Have a great weekend everybody!

-vegas

  

UPDATE 1:30 PM EST: Had a little problem with Google docs word 

processor that kept wanting to double up the first paragraph, and then leave 

the second paragraph out. Got that fixed, so now the blog makes some sense. 

Sorry for the problem … in any event, isn’t gold fun when the range coming 

in is $10+? … “right, like going to the dentist”!

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND 

OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 
SERVICE.  DETAILS IN “DOWNLOAD LINKS” SECTION IN 
RIGHT HAND COLUMN. START YOUR JOURNEY FROM 
WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!