FIND YOUR SEAT AT THE TRADING TABLE

 

“Let the scumbag LP BANKS work for you!”

Today’s blog is a little different, cuz I’m writing it in conjunction with what 

I’m doing over in the crude oil blog … “essentially, over the next couple of 

days, I’m laying out trading strategies most of you are not familiar with, but 

when once you “get it”, and your brain gets freed from the one dimensional 

“buy or sell and hope it works” mantra offered to the other 99% of traders by 

brokerage houses, you’ll clearly see that you can get the scumbag LP banks to 

work for you, no matter which way they decide to screw people and run the 

market wildly … simply put, join the “fleecing team” and forget price direction; 

all that matters is intraday volatility”!

So, whether you want to trade traditionally, or entertain strategies more 

appropriate to market conditions, trading derivatives in your favorite major 

market becomes a whole lot more profitable [“and that’s why you supposedly 

trade … right? … to make money, right? … Ok then, for the vast majority of 

spec traders, THIS IS A BETTER WAY”!], than what your used to seeing and 

getting from traditional brokerage houses both in the U.S. and offshore as 

well. 

Oh yea, I know … many of you consider yourselves “sophisticated” traders 

… well, I got a NEWS FLASH for you: “if you’re NOT familiar with NADEX, 

or the derivatives traded on NADEX, you’re missing the boat, and quite simply 

aren’t as “sophisticated” as you think you really are … trust me, I know from 

first hand experience”!

There aren’t many people in the world that are in my “club” … I’m in my 5th 

decade of trading experience full time … I was in the “pits” for about 10 years 

… I’ve seen and experienced every market panic, in multiple markets, in the 

entirety of modern financial trading … I’m co-author of a best selling trading 

book, and have written extensively for many years … and yet, a few months 

ago I was first introduced to NADEX by Cousin It, who I thought was messin’ 

with me when he first mentioned it … I thought, and couldn’t have been more 

wrong, that NADEX was some “fly by night” European binary options bucket 

shop, that simply fleeced the unwary of money. “In other words, my hubris of 

being soooooo sophisticated and experienced, outweighed what was clearly before 

me, and I initially rejected it cuz I thought I already knew enough about the 

world of trading, there wasn’t anything that I thought was “new” to me, to get me 

to take a look at it … but when I finally did, besides feeling like an idiot, my head 

almost exploded! … where the hell has this stuff been? … well, right in front of 

me, that’s where it’s been”! 

And so, take it from one that knows … don’t sit there and tell me the subject 

matter is too complicated … that’s bullshit … or, that there isn’t enough time 

in your life to learn new things … we’re all here [supposedly] to make money, 

and the higher your reward / risk trades are, the more you use the scumbag 

LP banks to actually help you in your positions, and the greater the volatility 

is … simply means you’re gonna make more money in shorter time, than you 

originally thought was possible … “so, do what I did … wake the hell up and 

smell the coffee, put your “big girl panties” on, and then dive right in to take full 

advantage”!

As I stated yesterday over on the crude blog, in addition to WTI Crude Oil, 

there are 20 other major markets, with accompanying derivatives [yes, 

including gold], that are actively traded … the crude blog today sees an 

example of a “binary arbitrage strategy”, that if you don’t find attractive, then 

you literally need to go home … I put one on this morning for the signals 

service, and you definitely need to check it out!

All of which, sadly, brings me back to gold … another shit overnight trade in 

Asia & Europe, with no volume, zero liquidity, and another tiny range … “if 

this was a prize fight, the ref would have ended this bullshit many rounds ago 

… this is terrible & pathetic”! I don’t know what’s happened for sure, but the 

bottom line is that gold has turned into one of the worst, if not the worst, 

trading markets on the board.

Noon in New York, and quite frankly, gold sucks … it’s a familiar story of late 

I know, but nonetheless the truth … this stuff isn’t even pretending to be 

trading … nothing to do but sit and wait. The only reason it has a $7 range, is 

the “Thelma & Louise” drop in 100 seconds to the low, followed by the very 

quick move back up … and now we sit again. So far, after 5+ hours, New York 

has about a $6 range, and that coming in a handful of M1’s that were spikes 

from hell … get caught in this the wrong way, and it is almost impossible to 

gain anything back given the action … nothing really else to say about this.

Late afternoon, and like yesterday, I can’t take another second of gold bullshit 

… it simply can’t move and is dead in the water … a corpse at the frickin’ 

Morgue has a stronger heartbeat … can’t rally, won’t break, and what little 

action this market does see, about 1 minute per hour, sees some mystery spike 

from hell to clean out some stops, and as quick as it starts, it dies and goes 

back into hibernation … in other words, nothing but bullion dealer bullshit, 

with the sole intent to enrich themselves at your expense … a quick check at 

the CME, shows estimated volume [as I write] at approximately 200,000 

contracts … WTI Crude Oil, by comparison, has approximate volume of 

420,000 contracts, more than double, and this is the slowest day in over a 

month for WTI.

No trades in the PAMM today, or in the C2 options signal advisory … nothing 

to do!

We just saw a move lower in gold, which after sitting and doing literally zero, 

in terms of price action, simply vaults lower in seconds to hit a new low, and of 

course now sits again … where did the selling come from? … most likely 

somebody long who simply can’t take it anymore and liquidated with a dealer’s 

loving help … “and this is the pain of gold lately … namely “TNT & Crickets”, 

where there’s no way to capture anything unless you simply buy/sell and HODL 

& then pray some the dealers don’t screw you on a stop hunt … NEWS FLASH: 

this ain’t trading”. We’re at the same price we were at 4 days ago, with very 

little to show in terms of movement … and that movement? … try $6 for 4 

days … truly pathetic. Nothing really anybody else can add to what is a 

market that acts like it wants to die.

Well, I’m not giving money away just to trade … our proprietary “volatility 

heat map”, which measures intraday volatility, is so low, you need an electron 

microscope to read it … bottom line is, you enter a trade in this shit, and you 

end up making pennies and risking dollars … and this is a losing proposition, 

which is why I sit, and why the PAMM sits. Soon enough, gold will come to life 

[I think]!

Onto tomorrow … and now, please visit our sister site 

www.traderzoocrude.blogspot.com and read my comments over there. 

Today’s blog post contains a lot more than just what we did in oil today, and 

everyone should be interested in the NADEX RUT2000 trade I did this 

morning in the binaries, for our signals service, that was totally RISK FREE  

with guaranteed profit! … “yes, you heard me right”! The crude oil blog page 

isn’t only about crude oil … it’s also the other 20 markets as well, and if 

guaranteed profit doesn’t pique your interest, nothing ever will! So, sign up 

and follow us over there as well … I’m outta here … 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”!

 

DREAMING OF “MOMO” ONCE AGAIN

 

“Good advice!”

Taking a quick tour of markets, it’s pretty obvious where every single bit of 

trading action is taking place, and has for some time … granted, since the 

FED stopped the “easy money” program for the 0.001% elites, and have 

pulled the plug on overt propping up the U.S. stock market, things in the 

stock indices have come a bit unglued, and action has gotten back to historical 

norms … however, this is due more to FED & “Plunge Protection Team” [PPT] 

schemed manipulations over the last decade since the 2008 financial crisis, 

than anything else … if they had let the markets “trade” instead of propping up 

every “Hoover Dam” squiggle to the downside, we wouldn’t be having the 

volatility we see taking place now … “but hey, they’re the smartest people in the 

room, so they know best [snark]”!

So, outside of present volatility in stocks, FX for the most part is dead 

… USDJPY a shell of its former trading self, thanks to the BOJ and  

“Peter Pan” Kuroda … gold, outside of a day here and there, asleep at the 

switch, and for the most part can be labeled a central bank Ponzi scheme 

… commodities in general very lackluster … no, the only market NOT under 

the spell of central bankers, and one which they have zero influence upon is the 

energy complex, and in particular crude oil.

Now, that doesn’t mean crude oil isn’t manipulated, simply it isn’t 

manipulated by government central bankers & apparatchiks like we see daily 

out of Europe in FX & everything else traded … the world’s most important 

commodity can’t be controlled by central planning HQ. And for a while now, 

crude [either Brent or WTI] has been putting in eye watering ranges, 

anywhere from 2% - 5%+ daily … yes DAILY … and the world doesn’t seem 

to be falling apart at the seams does it?

Make no mistake, take a group photo of the key players in the oil complex, and 

you get the following.

 

“A midday break from trading WTI crude oil … Star Wars ain’t nothin!”

As I said yesterday, you couldn’t make up a more villainous group of scumbags 

than the Saudi’s, the Ruskies, and every other tinpot dictator and thug who’s 

got oil in the ground, and then on top of that, they’re the key players in the 

world’s largest and most important commodity … is this not the supreme ticket 

for double MAX “scumbaggery”? And it just so happens, today is an OPEC 

meeting day … expect the usual gaggle of lies, deception, thievery, more lies, 

more market deception, and outright mugging of the oil price, as the virtuous 

energy ministers stride up to the microphones and lie through their teeth. 

 “Ahhhhh, good times”!

If you’re new to this “game” of trading markets, meaning you got less than 5 

years of heavy trading experience under your belt, the action in crude oil may 

seem “crazy” … but, before 2008 and the era of central planning was born out 

of the financial crisis, this type of crazy action, WAS THE NORM … now, it’s 

the exception. And how do  you describe this type of market? 

… EASY PEEZEE: “it’s called a “MOMO” market, meaning it’s all about short 

term momentum”. And the one common denominator all good “MOMO” 

markets have is excellent intraday volatility … “it’s up, down, all over the place, 

with no high or low safe and stops being run consistently, in an extremely high 

volume environment … which is exactly what we see in crude oil, where between 

Brent & WTI they trade about 2 - 3 million futures contracts a day ...  and to be 

precise, this is WHAT WE DON’T SEE in markets like gold, where some days 

gold can’t move 50 cents to save its life in abysmal volume and liquidity 

conditions”.

The reason professional traders love “MOMO” markets, is cuz of the volatility 

… simply put, I’m not afraid of losing on any trade, cuz I can get it back plus 

more with the next trade … how do you do that in a market like gold, where if 

you lose $1 ½ on a trade, where do you make it back inside a shit range? 

Imagine gold with $50 - $75+ per Oz. ranges for the day, all day every day 

… “hell, you’d be crying when the weekend came cuz you’d want the market to 

be open … somebody, anybody … open this market back up NOW”!  … do you 

think that volatility would allow you to make money? Of course it would, but 

we don’t see it cuz the central planners at the FED & BIS don’t want gold to be 

volatile for policy reasons … policy reasons that benefit them, not us … and so 

it goes in almost every market traded, except crude oil. 

Of course, in a sane world, this kind of discrepancy would be instantly fixed by 

a group of banks that would introduce a CFD in crude oil that mirrors the 

futures market, and allows more investors and traders the ability to trade 

crude oil via much lower contract sizes than the futures 1,000 barrels per 1 lot 

standardized contracts, with a fair and reasonable bid/offer spread … in a sane 

world … unfortunately, as we’ve witnessed via Turnkey, what you end up with 

is horrendous slippage and a bid/offer spread you can drive an 18 wheel semi 

through … in other words, a complete rip off from the banks that makes 

whatever volatility advantage you get from the market, disappear instantly 

when you trade it and impossible to make money. “So yea, wouldn’t it be nice to 

get gold back to being a “MOMO” market once again, LIKE IT USED TO BE 

before 2008, and especially since 2012, when the “Rally Protection Team” [RPT] 

first showed up … don’t hold your breath waiting”!

OK, so what to do about it? … “well, for most people, it’s a frustrating set of 

events, simply cuz to trade crude oil, you need a lot more trading capital than 

most people either can or are willing to put into a trading program or algorithm”  

… at present, you need about $7,000 per 1 lot in futures … and as we all know, 

bank CFD’s at offshore brokerage houses [cough, Turnkey, cough] are a 

complete fucking travesty of the highest order … so what does the smaller spec 

trader do?

NEWS FLASH: “Fortunately, I got the answer, and I got the solution … and 

I’m announcing today … here, right now on the blog … I got everything the 

average small spec trader, those with less than 20K in their accounts, needs, 

wants, and prays for, in order to trade crude oil effectively for consistent DAILY 

profit, so that small accounts can become big accounts! … be patient … I’m not 

ready yet to divulge details … that will come over the remaining days & weekends 

left in 2018 … by the start of 2019 [just a few weeks away], or maybe even a little 

before, everything will be in place for traders of ALL ACCOUNT SIZES to take 

full advantage of the oil complex … I know many traders are frustrated with 

stock indices, FX, and of course gold … there’s a reason crude oil is the highest 

volume market in the world … finally, there’s a way for you to take FULL 

advantage, even if your account is very small … stay tuned, more info 

forthcoming in the days ahead”!

Turning to today’s gold market … “ZZZZZZZZZ” … another low volume, low 

liquidity nightmare for the overnight trade crowd … nothing really here but 

trouble inside a tight range … again … this shit’s getting old.

“Well, wasn’t that a nice screwjob by bullion dealers on the ADP numbers? 

… nothing but a stop hunt fuck job, masquerading inside a market that pretends 

it has a trade not manipulated by some fucking bullion dealer … yea sure, honest 

market”.

Finally, a small rally higher to take out some buy stops above 1243 … it only 

took over 7 weeks, but nonetheless it’s better than sitting and doing nothing 

… but in all candor, it was a sick rally that only extended price less than a buck 

from the old high around 1243.59 … not exactly a “power move” … so, while the 

day’s range gets extended to more normal numbers, the trading action still 

stinks … again, I say this cuz it’s important … “if you somehow got caught on 

the wrong side of one of these small moves, and a spike up/down, whatever the 

case may be, got you to puke a loser of say $1 - $1.50, where-O-where looking at 

the M1 trading action, do you make it back? … cuz I’m looking at it, and given 

action over the last hour or so, gold is fluctuating ever so slightly via bullion 

dealer bullshit, that unless you’re already positioned for another mystery spike 

move, it comes so quickly, you got no chance of capturing anything inside a tight 

range … and what if you lose again? … now what”? And this in a nutshell 

belies the importance of intraday volatility, and points out very strongly I 

believe, why most traders are trading in crude oil. Simply put, intraday 

volatility is your friend, not your enemy!

“Most traders don’t know or even care the difference between a drop of crude oil, 

and water out of a mud puddle … and what it all boils down to is the professional 

trader concept of “buying at 1 selling at 3, or selling at 5 and buying at 3” … AS 

MANY TIMES AS POSSIBLE DURING THE TRADING SESSION … and that 

dear amigos is called intraday volatility … and when it’s there, it’s like it’s raining 

money … and when it’s not there, trading is like being sent to the corner with 

your face against the wall … this is the reason most traders around the world are 

trading oil, and skipping all the other central planning HQ bullshit markets that 

do nothing but frustrate … so, why the hell would anybody be trading silver, 

USDJPY, etc., and getting stuffed by scumbag LP’s”?

For gold, now what? … we see the old high go, although less than robust, and 

we simply “hang” between 1241 - 1243, with little action to speak of and get 

excited about, the New York range today STILL BELOW the 20 Day Range 

MA … I still say, in order to get a good New York rally, the “Chuckleheads” 

and Mrs. Wantanabe & Gal Pals have got to puke lower in the Asian session 

… until then, the bullion dealers simply keep selling.

Noon in New York, and it looks and feels like it’s over … never really know ‘till 

the fat lady sings, but the action suggests the moves for the day are “fin”.  

Dealers looking very much like they want price below 1240, and the stop hunts 

on the sell side very much in play, IMHO.

One algorithm buy signal today … PAMM up 0.01%.

Early on low volatility, and readings in our proprietary “volatility heat map” 

prevented taking some early buy signals … there just wasn’t anything there in 

the market to justify a long position … sold on the way up and liquidated only 

6 cents from the high bid of the M1 and high for the day at the time … since 

then, volatility has died considerably, so no new signals forthcoming.   

From strictly a price perspective, this is a disappointing day for gold … “is this 

all ya got”!? Not only is New York disappointing, the day doesn’t even see $10 

for a range … given the VIX in stock indices and oil, what the hell is it gonna 

take to get gold moving again? Seriously, WTF!

Onto tomorrow, where I’d be surprised if Asia doesn’t go on some kind of 

selling spree to liquidate before the weekend … run some sell stops, inflict some 

damage, and then watch price recover … we’ll see what happens. Here after 

1 PM EST, gold loses the 1240 handle, after hitting 1244 & change … again 

from all appearances before we get there, another disappointing close in store 

as gold can’t “seal the deal”, so to speak, and go into the late afternoon New 

York close strong and either near the high or at the high of the day. Quite 

frankly, this is a repeated problem for gold when it rallies.

A lot to digest today, but let me wrap this up today with a summary of what’s 

coming for you in crude oil … “we got it nailed six ways from Sunday …  and 

for smaller accounts it simply is IMPOSSIBLE to get better 1) bid/offer spreads, 

2) trading conditions, 3) better strategies for profit, and 4) guaranteed lower risk 

on trades, than what is available to you now … NOT EVEN CLOSE! … when 

everything is ready to go here shortly, you’ll have to stop yourself from dreaming 

and peeing your jammies! … yea, it’s that good … and without embellishing 

anything or stretching the truth one bit, I can flatly state unequivocally, that for 

TRADERS, I have not EVER … EVAHHHHHH! …  seen anything better in my 

entire career! End. Of. Story. Put a cherry on top of it”!! PERIOD”!!! So, stay 

tuned mi amigos.

With gold dead to weak and looking like limp warm lettuce, and price drifting 

below 1240 [NOW BELOW 1238 and counting] and bullion dealers in firm 

control of the festivities with no serious buying in sight, I’m outta here … 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”!