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Showing posts with label slippage circus. Show all posts
Showing posts with label slippage circus. Show all posts

Thursday, November 8, 2018

SOME DAYS I AM LEFT WONDERING

“Oh Market Oracle! … Seer of all knowledge! … what is with markets!?”

Some days all I can do is shake my head, and wonder what is happening to 
markets … “scumbaggery” by the usual suspect, scumbag LP’s, vicious spikes 
from hell, both up & down with zero follow through, no ranges then “bigly & 
yuge” ranges, mystery ticks, the “slippage circus” infecting everything, and 
throw in the “Flying Wedge of Death” [FWD] practically every day now, and 
you’re looking at a better shot with a powerball ticket of winning … the 
turnarounds so quick & vicious, they happen in seconds.

“I have no idea how’d you explain markets today to younger college grads, cuz 
“trading” as I’ve always known it to be, doesn’t exist anymore … how do you 
explain the various manipulations, the dealer mystery ticks, etc., without 
sounding like you got wrapped in tinfoil last night”? Today a classic example of 
complete chaos, inside a relatively tight range … “yea, it’s FED interest rate day 
at 2 PM EST, so what? … depend on that for the FWD, and it’s a “death wish” 
waiting to happen, although getting caught by the dealers doesn’t feel much 
different. “Today’s low and today’s high perfect examples of manipulated dealer 
bullshit … these assholes should be in jail”.

What do you do with a market that refuses to trade? … me neither. Overnight 
saw zip, cuz of today’s non-event FED meeting, and so we not only end up with 
shit ranges in Asia & Europe, but again, New York is a complete joke … if 
you’re attempting to trade New York, good luck … simply a pile of shit 
masquerading as a trading market.

Earlier today, 3 algo buy signals … all 3 false flags, and the market shifted so 
fast to the downside, I felt like I was on the dealer yo-yo … PAMM down a few 
hundred bucks on the effort, and since then I’ve done zip, simply cuz there 
isn’t anything here but dealer “chop”.

On the C2 advisory options signals, I entered a new position in the SPY [SP500] 
… it looks good, and to see it in real time, you need to be signed up, otherwise 
you have to wait for the closed trade. Three months free, and I can’t offer a 
better deal than this … and nobody else is either.

We’ll see what tomorrow brings … I’m outta here … until tomorrow mi 
amigos … Onward & Upward!!

PAMM Spreadsheet was done last night, and today I went to open the file and 
it crashed … great, more time to figure this out … in any event, when it’s fixed 
I’ll have it back up.

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”!










 

Friday, September 28, 2018

A NATION OF POSERS

“You’ll grow up to be a great Libtard … this country has lost its fucking mind!”

There isn’t much I can add to yesterday’s complete “national disgrace”, where 
a person has to sit through hypocrisy, lies, & deception … except to add that, 
the nation gets to see “up close & personal”, what “The Free Shit Army”  
political party [a/k/a Dems] will do to sacrifice anybody on the altar of “agenda 
& narrative” to achieve power. While overall, I’m not a big fan of Graham 
[R- S.C.], I give him due credit cuz he “hit it out of the park” with his 
unscripted rage at SJC Libtards and their thirst for power. I’ll say it again,  
“the modern day version of the Democrat party cannot be trusted with power in 
government, in any way, shape, or form … if they get power again, the country is 
O.V.E.R. … put a fork in it cuz it’s dead … to them, 1) everything is hate speech 
and needs to be controlled, 2) the 2nd amendment must be eliminated, 3) all 
people of the wrong political persuasion are guilty until proven innocent, and even 
if they produce evidence of innocence, that’s not enough, and 4) even though all 
animals are equal, some are more equal than others, namely Libtard women and 
anybody else who feels delusional "offendedness" as a victim of something 
… anything … boo fucking hoo”!

You got to see yesterday, “sunlight” hit the back-stabbing hypocrites & 
political operatives who infect D.C. like a virus … all the “back room” high 
powered lawyers, lobbyists, and other swamp creatures who feed off 
Washington like gigantic parasites … all with only a single objective, which 
ain’t the “truth” … these people [if you can call them that] feed off the system, 
sow discontent, and look to destroy others entire lives for cheap political points 
… why? … cuz they make shiploads of money off of it and become “experts” in 
human destruction, which is exactly who the authoritarian Stalinist’s in power 
want on their payroll … useful idiots indeed … “these people, along with poser 
Senators, are truly disgusting wretches … now that the chick has had her 
15 minutes of fame, and more than likely a check from a George Soros funded 
shell company, I wonder how long it will take her to figure out she’s been used 
as a political prop, only to be ignored and dumped once she has no use by her 
political class overlords”? … simply put, how low can this country go before 
Sheeple wake the fuck up and smell the coffee?

Turning to today’s EURJPY market … “oh, those crazy Italians”! … who knew 
they could be such drunken sailors on steroids spending money? … see my 
shocked face … yet somehow, EURUSD pretends to overlook these problems 
when convenient … convenient to who exactly? … “well, the scumbag LP banks 
when they’re long sopping up customer selling and need a rally … you know, 
like the one they got from 1.13 up to 1.18 … amazing how this works with 
coincidences isn’t it”?

But … but … the Italian budget crisis! … on wait never mind, as banks trap 
European traders into the European close and force them to puke their guts 
out and explode EURJPY price higher, as somehow EURUSD climbs over 
30+ PIPS straight … another painful lesson to be learned, if you haven’t 
already figured it out, that banks control the narrative & trading agenda, and 
that if you get in the way, they will steamroll your ass into the ground.
 “Go ahead, get your MT4 lagging indicators to predict this! … good luck with 
that”.

Another trading fuck up, as today sees our C2 signal not have the right volume 
for the trade, compared to the PAMM … C2 trades FX in 10,000 per 1 lot, not 
the conventional 100,000 per lot seen at Turnkey and most other brokerage 
houses. Cousin It this morning set the trade level at C2, and he set it wrong 
… when I saw the fills and volumes, I liquidated them both to start the process 
over … little did I know it would explode higher from our liquidations, but 
whaddaya gonna do? It is what it is … meh.

Of course, what we’re seeing in EURJPY makes no fucking sense whatsoever, 
given all the hoopla this morning about the end of the world in Europe via the 
Italian budget mess … since when has Italy NOT been a complete fuck up of a 
mess since the end of WWII? A very nice algorithm call today, the only one we 
got so far, but I’m really not very happy about the action we’re seeing in 
EURJPY … it’s either exploding and leaving no prisoners, or it’s as dead as 
dead gets with zero movement, and not a helluva lot in between. In other words 
there isn’t, except in brief spurts, any flow to prices or the trade … everything 
is “herky jerky” with mystery ticks and shit fills via the scumbag LP bank 
“slippage circus” … where the hell is any resemblance to a “normal” trading 
market? Add to that the extreme moves in intraday volatility, that sees very 
wide margins instead of a somewhat regular steady flow … simply put, an 
absolute nightmare for trading.

Well, here we are at Noon EST., Europe closed now, so the clown circus of 
liquidity from the likes of Squid & the boys coming to the fore … “sure, 
nothing but fair prices and trading on a Friday afternoon from the usual suspects 
… snark much”?

Again today, only one algorithm signal and one C2 & PAMM trade … PAMM 
up a couple of bucks.

The algorithm signal worked beautifully, while our order operations here at 
vegas HQ resembled the “Three Stooges Invade Trading” … [facepalm]. 
Nothing really left to say except “Oy”. Our fills at Turnkey continue to suffer 
non acceptable slippage versus C2, but so far neither Turnkey nor any of the 
scumbag LP banks want to talk about it or tell me why I’m getting shit fills 
… “well, I know the reason, they’re thieves, but hey we already knew that, so no 
surprise here”.

Sunday night sees an important “TRIPLE SPECIAL” blog post, so don’t miss 
it … no hints, I’ll let it be a surprise [no, I’m not being committed]. Until then 
mi amigos … I’m outta here for some Vitamin C therapy … Until Sunday 
night … Onward & Upward!!

PAMM Spreadsheet directly below.

click to enlarge
 Have a great weekend everybody!!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM 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”!


 









 

Sunday, May 6, 2018

SUNDAY UPDATE

“I feel like it’s the only thing I ate in April!”


I updated some 2018 files this weekend over in “Download Links” in the 
right-hand column, and below is the updated PAMM spreadsheet. I’m glad 
April is over, cuz it was a cruel month to get ripped … I’m not sayin’ all of the 
loss for the month was due to slippage, cuz there was a hefty dose of “stupid 
shit” disease floating around that I happened to catch, but it still irks me some, 
of the DOW30 & GBPJPY fills that were simply frickin’ atrocious … “sure, it’s 
water under the bridge, and I’m happy not to be trading either of those markets, 
cuz they become untradeable the second they go extra volatile … spreads increase, 
and the slippage “baked into the HAL9000 fill cake” goes into overdrive, and no 
matter what you do, they’re gonna take their pound of flesh from you on both 
sides of the trade … it is what it is, and unless you want to trade futures, which I 
most definitely don’t want to do cuz that means I would have to manually allocate 
futures contracts cuz you can’t split contracts inside a MAM/PAMM, you’re then 
stuck trading with the bank, and they can give you any fill they want on a stock 
indices CFD or FX non dollar cross … anything … no matter how criminal”.

And while there aren’t any futures contracts with FX crosses to keep anybody 
honest, all anybody has with them is the bank’s reputation for fairness and not 
being to far off the actual spot interbank market … “yea, good luck with that”.

So far, the “new” LP’s in GBPUSD have been excellent … some of the trades 
I’ve done have been off the market by a few tenths of a PIP, which is totally 
normal in a fast paced changing market, but I don’t feel like we’ve gotten 
ripped or been given bad fills… anyway, we shouldn’t experience going 
forward the problems faced in April, and that’s good news.

Cousin It is working on some new theories in GBPUSD, tieing in research he’s 
doing with the Cable algorithm … we’re simply “brainstorming” on a daily 
basis and attempting to make the algorithm better and more efficient. One of 
the things that started this, was the fact that I have had this algorithm in Cable 
since the days of Jimmy Carter, and the start of GBPUSD futures trading all 
those moons ago … and what’s different now from back then?

I’d have to say the biggest difference is the amount of information available to 
the market almost instantaneously via current technology … markets trade the 
same, but today’s markets are much more proficient in processing and then 
pricing any event into the market in seconds. Ok, so what does that  mean 
exactly?

I think it means we all have to be better at spotting changes in short term trend 
to beat the HFT algo’s, cuz they are here now “in spades”, and they weren’t 
around back-in-the-day … and when they sense “blood in the water”, when it 
comes to big money order flow and/or “panic” liquidation, they pounce with a 
ferocity not seen before in markets, and their attitude is very much, “you 
snooze you lose”, and they are not willing to allow Cable to retrace or correct, to 
catch its breath, and/or give anybody a chance to either get out or establish new 
positions … “you’re either there to board when the profit train leaves the station, 
or the doors close and you’re toast”, and what that means for us as traders, is we 
need to be a fraction “more early” on entry, and then give it room to breathe 
some before liquidating, and then definitely being there to liquidate on the large 
spikes.

So, what Cousin It is working on is this premise above, tied into the existing 
Cable algorithm, and with high powered computer systems to do the number 
crunching on a scale that was unimaginable back when I developed it originally, 
we can literally do a thousand years of manual “pencil, paper, & calculator” 
research in a weekend today, and within a week or two have the probability 
assessments in a spreadsheet to look at and analyze how we want to attack this, 
or any market, we trade. Bottom line is, I think this makes perfect sense, and 
explains a good deal of market action that nobody seems to be able to capture 
cuz of the “speed of light … crickets” nature of moves today, especially in 
markets like GBPUSD.

And just to put some frosting on this cupcake, on Friday given all the “good 
news” Cable had to rally with on a big NFP miss, after the first small move up, 
and then it started to fall, in my mind I was thinking, “oh shit, this stuff should 
be rallying, and they should be taking out buy stops … they aren’t … market is 
being sold, and somebody or group of somebody’s is saying look out below! 
… and whoever it was, gave no quarter for the market to breathe, and before even 
the conventional timing indicators turned, which were still showing “all is well”, 
all wasn’t well, and I knew it right then it was toast”! … a few minutes later and 
it’s 60 - 80 PIPS lower … and it’s that few seconds during the market turn, that 
I want Cousin It to focus, cuz that’s where the easy money is made … so, I’ve 
got him looking at literally tens of thousands of previous example turns, and 
we’ll see what he comes up with … future blog posts I’ll share the results.

And what’s amazing to me, cuz they both are starting to think like traders, is 
that CoS [Chief of Staff] Milton Waddums is doing, or has been doing much the 
same thing in crude oil … both Brent & WTI … and is killing that market in 
front month futures … so, they’re both collaborating now, and we’ll await the 
 “fruit loops” results as they come in. It’s tough getting info from Milton, unless 
of course you hold his red stapler hostage, but what he’s shared from his 
findings that I steered him into in crude oil, is very promising for GBPUSD, 
cuz they share some of the same market craziness characteristics … not all to 
be sure, but close enough to warrant attention and look at seriously, and 
Cousin It is doing that as well.

So, a lot going on here … make no mistake, nobody here is amused or happy 
with either the “slippage circus” that went through town in April, the losses as 
a result, or the action in Cable where the big moves come “out of the blue”, and 
then leave us standing muttering, “WTF was that”? I’ll always try and make 
things better, cuz it’s in my nature ,.. And with that, I’m outta here ‘till 
tomorrow … until Monday mi amigos … Onward & Upward!!

Pamm spreadsheet is updated directly below.


Have a great rest of your weekend everybody!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM 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”!