“To swim in the water … you got to deal with what lives in the water!”
A never ending frickin’ battle … every f-ing day, the scumbag LP banks make
life hell for all of us … today, it only costs us opportunity, but nevertheless it
bothers me greatly their thieving, scumbag ways of doing business as it
reverberates through the trading biz … these outfits, and then people that run
them, right next to politicians, are the planets lowest forms of life … financial
ISIS, if you will.
“Well, what’s got my big girl panties bunched up in a wad today”?
EASY PEEZEE: “blowing out the DAX30 spreads for absolutely no reason for
over 2 hours during prime trading hours, that’s what, and it cost us two trades for
profit … some day, I wanna see all of ‘em hanging from a tall tree”. Coming into
today, I see Super Mario is gonna “blah blah, yada yada” at 08:00 server time
[4 A.M. EST], so I know he has the potential to be a “loose cannon” on the deck
of the Titanic. Right around 3:45 A.M. EST, the spread in the DAX30 blows out
from the normal 0.7 index points to between 2.7 - 4.0 points, a whopping
quadrupling to quintupling of the cost of doing business in case anybody is
ciphering, which I attribute to the upcoming release of Super Mario’s
transcript of his speech … cuz really, who knows what this assclown is gonna
say … well, half hour goes by, a full hour goes by, and the spread is still out
there in orbit somewhere near Pluto.
Meanwhile, there are two big fat profitable buy signals during the spreads trip
to Pluto, that we missed thank you very much scumbag LP banks … and just
for the record, I’m at DEFCON1 ready to drop some nuclear weapons on
heads that deserve, in my opinion, much worse. This had nothing to do with
Super Mario, and everything to do with the fact they didn’t want to sell the
DAX30 at the levels close to the low of the day, cuz they were already long and
wanted to rally the index.
Make no mistake, these scumbags don’t come to the trading table with “clean
hands” … they program the HAL9000 for slippage & spreads, and they trade
against customer positions, through entities they own in other jurisdictions
where ownership is impossible to trace … so legally, this happy horseshit of
ECN, STP pure market making as a “liquidity provider” is pure 100%
delusional bat guano, as they route our order to some place and then say, “see,
we are a pure liquidity provider”! MY REPSONSE: “Bullshit, cuz more than
likely with an expanded and outrageous spread [if I were to take the trade],
you’d route the order to some other firm that you own, and are in essence taking
the other side of the trade while not “legally” so … oh sure, you’ll sell it to me for
a quadrupling or quintupling of the spread, but that’s it … and now about 2
hours and 15 minutes later, around 6 A.M. EST, the spread comes back to
0.7 index points … I guess it’s a pure fucking coincidence that the DAX30 is now
50 - 60 points higher now, right? … yes, now we can buy it from you at a fair
price, so you can reduce inventory at these higher levels … but before? And pray
tell, what happened in the world to now lower the spread back to normal if “risk”
is such a big fucking deal, like you said it was hours earlier? … what exactly”?
You simply get no answers … only “crickets” … scumbags, top to bottom.
“So, how’s your day goin’ -vegas”?
Turning to today’s DAX30 & Brent Crude Oil markets … first Brent;
“zzzzzzzz” … OK, outside of the LP “scumbaggery” in the spreads this
morning, the DAX30 has been remarkably quiet, given the action in the last
month or so … some late morning news that Merkel & Macron were meeting
to solve some EU problems caused a 50 point blast higher in less than 5
minutes, no doubt some wicked short covering on the terrifying thought
immigration might get talked about, somehow, someway get solved … “yea,
good luck with that” … other than that, not much action except at the levels
where the scumbag LP’s blew out the spread for 140 minutes, and forced us to
the sidelines. Since that short covering explosion, only the law firm of Zip,
Zilch, Zero, & Nada has called, the market being in a very tight range of about
25 points. On the daily candlestick, if we closed right now instead of at 4 P.M.
EST, it would look, feel, taste, & smell like a “doji spindle”.
Only one trade today … PAMM up slightly, nothing significant.
Once the LP’s returned from “let’s screw customers” land, only a few buy
signals, and to be upfront about it, I’m leery of trusting these scumbags to
leave the spread alone after they tell me it’s back to normal … “I don’t like
these guys, I don’t trust these guys, and I think they are all liars … so tellin’ me
everything is “Okey dokey” isn’t exactly inspiring confidence”. After my trade,
I’m very skeptical of them and what they are capable of doing, and I have no
intention of getting trapped while they kill some trade and widen the spread at
the same time.
“Cuz quite frankly, I know what the algorithm can do and I’ve seen the signals,
and when you finally get it, you’ll see ‘em to … and there’s no reason to do
“stupid shit” with the LP’s playing frickin’ games, cuz when you “get it down”,
you aren’t gonna want to give these assclowns anything, and there’s no reason to
crawl out on a limb and trade unless everything is in your favor … and believe me,
today was not that day”!
If the range holds until the 4 P.M. EST close, today’s range of approximately
125 index points, is significantly lower than the 20 day range MA, which is
around 200 points, and once you get to around 12:30 - 1:00 P.M. EST., you have
to be real careful not to get caught in some LP bullshit, cuz remember Europe
is now closed and the DAX30 is German stocks … where you gonna go if things
turn south heading into a 4 P.M. close?
Second day of trading the DAX30 using the “Force Volatility Algorithm”, and
right now the DAX30 is leading the way in terms of tradeable range [the whole
range is tradeable cuz the market is only open from 06:00 - 20:00 server time
GMT], the lowest spread [when the scumbag LP’s aren’t playing games], and
the ever important intraday volatility … even today, the slowest by far in the
last 20 days [excluding Memorial Day Holiday], there still were plenty of trade
signals, and from what I saw of the ones I didn’t take [the manual will explain
why], they were all up money and winners. I couldn’t be happier with its
performance in calling turns.
Today’s profits very meager … but considering all the shit that was flying
around the market today in terms of news, the issue with spreads, and the fact
the range was constrained, I’m not gonna cry about it … plenty of “pony ride”
days ahead of us, believe me. And quite frankly, even if this market died down
some, it trades better than anything else on the board by a mile … when it’s
active, it’s “dreamsville”, and much better than either of the oil markets, and
usually the spread is stable [cough, cough], so trading it on the algo signals is a
traders dream. I’m giving serious consideration to making it the prime market,
and placing Brent into second place, simply cuz when Brent dies down, it really
goes into hibernation … that doesn’t happen with the DAX30. If you view the
index going up/down 1 point = to a penny a barrel in crude, the DAX30 beats
the pants off crude not only in terms of the action during the day, but a lower
spread as well … all of this means increased profitability.
Cousin It has switched over to the DAX30, even after killing crude futures
… says it’s much easier to trade with better spreads [cough, cough], no
problems with slippage like some of the other indices which shall remain
nameless, and it moves “purer” [whatever the hell that means] than crude. I
think what he means is that using the “Force Volatility Algorithm” on the
DAX30 is the best thing since sliced bread & combs … for once, I agree with
him/her/it [whatever]!
Work continues on the algo manual, and while it will be a little long cuz it’s
got 5 markets to cover [Brent/WTI Crude Oil, DAX30, NDX100, & XAUUSD],
I also want it to be comprehensive with enough examples to satisfy everybody
that reads it and then follows it. I would recommend to everyone, demo it first
for a couple of days in the market of your choice [same algorithm model, but
each market has different rules and parameters for trading] … going forward,
there’s only gonna be these 5 markets; nothing else on the board has consistent
enough intraday and/or “force” volatility to make the list … only if someday
the Italian MIB 40 stock index got added to the MT4 with a decent small
spread would that be added, but at this time Turnkey says no. In any event, at
some point rather quickly it will dawn on you how easy and effective the
algorithm is ... and then, you’ll see the power and simplicity go to work for you.
So, while today’s trading ain’t gonna bring the Brink’s truck around, it’s only
day two trading the DAX30 with the algorithm … and I can honestly say, the
future’s so bright I need sunglasses … and with that, I’m outta here to continue
the manual after I take the “Ice Cream King” to the DQ for some soft serve
French Vanilla with a mound of whipped cream … “Oh the humanity”!
… until tomorrow mi amigos … Onward & Upward!!
PAMM Spreadsheet directly below.
Have a great day 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”!
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