“Free will in your trading? … Look closely, you won’t like what you discover!”
A somewhat shorter blog post today, and also a little early, on what has been
one of the “weirdest” days I can remember in the DAX30 in a very long time
… I’ll end the suspense right now … there were no trades today in the PAMM,
due to an algorithm “special rule” that kicked in with yesterday’s bloodbath,
that specifically pertains to today’s trading action … what that rule is, how to
use it and under what conditions, you’ll learn Sunday night with the release of
the “Force Volatility Algorithm”.
You have to go back a long way in the historical data to see a day like today,
after yesterday’s performance … however, unless certain conditions are met,
which weren’t until minutes before the European close, action will only hurt
you, whether long or short … and one look at an M5 candlestick chart from
today since the open [06:00 server time; 2 A.M. EST.] to the European close
[16:00 server time; Noon EST.], and you’ll see the infamous
“Flying Wedge of Death” [FWD] rear its ugly head, and both destroy longs and
shorts in quick fashion. Directly below, the FWD of today’s action, where
multiple highs and multiple lows, locked in a very tight range, serve to skewer
anybody with a position.
are, but it’s not a question of profit, it’s a question of “risk” … and the math
research says and tells you certain things, which if you ignore the warning, it’s
not a question of “if”, it’s only a question of “when” … under the algorithm’s
“Special Rule” scenario, if you make a trade, your “risk profile” goes way up
while algorithm conditions are NOT met, meaning quite simply you are going
to experience sharp moves [up/down, who knows] that are basically a
“coin flip”, and I’m not trading “coin flips” … problem is of course, once you
get hit with something like that, it’s very difficult if not impossible to make it
back in a tight range.
For those of you who trade your own accounts, once you clearly understand
the algorithm manual, it’s gonna “blow your mind”, it’s soooo damn good. And
once you get it, the “lightbub” upstairs goes on, and there’s no stopping you
… “yes, I’m supremely confident you’re gonna love it, and it’s backed up with
solid math from almost 20 years of tick data … you’re not gonna need anything
else ever again to consistently make profitable trades, nor would you want to”!
I’ve dissected this “puppy” six ways to Sunday, running the data multiple
times, analyzing specific risk scenarios and risk profiles, and looking at more
examples of the data more times than a normal 13 year old boy looks at a
Playboy … and bottom line is, “if you can’t make money with this, there’s no
hope for you in terms of finding any trading method that’s gonna do the trick via
short term trading”.
Now, out of the 5 markets I’m following now, that meet the math research
requirements, currently only the DAX30 & the NDX100 “fit the bill” and can
be traded on the MT4 via Turnkey … XAUUSD [spot gold] needs to see its 20
Day Range SMA OVER $16.00 per Oz., before you want to trade it with the
algorithm … right now, after this week, it’ll be lucky to be over $9.00 per Oz.,
given the pathetic action seen this week. Crude oil, both Brent & WTI, are
beset with scumbag LP bank greed, and the wild and random settings of the
spreads by these assclowns in their CFD’s, make trading this via Turnkey a
complete joke … not that any other place is better, trust me it isn’t, cuz I’m
pretty sure as bad as it is at Turnkey, it’s “worse, worse-er, and worser-er-er”
at practically every other house on the planet. And I’ve talked to them and
emailed them, and they tell you one thing to your face, and then turn around
and screw you 2 seconds after you leave … so, “intercourse thineself”! And up
and until something changes in the CFD space regarding the oil complex, and
somebody comes in and makes an honest market in the future, nothing's gonna
change and all that happens is that they completely screw customers. So, for
those that want to trade oil, you have to go to the futures market … right now,
the e-mini crude contract at NYMEX [CME] is set at 500 barrels per 1 lot, and
the margin is approximately $1,300 per contract, and the market trades with
2 ½ cent spread. The full contract is for 1,000 barrels per 1 lot, and the spread
there is 1 penny pretty much all day. Brent is trade on ICE, and the specs are
the same. “I like oil, but the scumbag LP banks are killing the CFD market, and
making it untradeable with ridiculous spreads, high vig, and add to that
commissions … trading the CFD market simply makes no sense when compared
to the other 3 markets … granted, gold is sick right now in terms of range, but at
least you’re not getting gouged”.
So, the algorithm will be released Sunday night … my main focus in the
manual will be the DAX30, and I’ll use this market for examples … the
setups, charts, and how all 5 markets trade, are basically the same … all that’s
different are the parameter settings, and of course I’ll provide those settings in
a different chapter.
Let me just say, the algorithm strips away the actual and/or potential
manipulation attached to either of our followed markets. The algorithm lets us
be the “casino”, NOT the customer, and when we trade, we do it with full
knowledge it’s gonna be profitable well over 95+% of the time … it works great
in up markets, down markets, dead markets … the only thing to stop us are
small “doji” days where there is no range at all [usually meaning less than 70
index points] … other than that, it’s clear sailing! Quite frankly, and I’m saying
this with all the humility and respect for the market as an unpredictable beast
as I can muster, I’m gonna be disappointed if I have a losing trading day going
forward! … most likely, if/when that happens, it’ll be my fault cuz I screwed up
somewhere. My point here is not to suggest the algo is the “Holy Grail” of
trading, cuz it’s not … losing trades at some point are inevitable … but if you
follow the rules and procedures I set forth in the manual, a string of losing
trades on a normal, volatile day with a range in excess of 120 points, that
would see me down for the day? … I think I will have had to screw up
somehow, either not following the rules or some other “stupid shit” that’s been
known to happen.
And really, that’s my point; “this algorithm is powerful, and once you read
through the manual and understand it, your gonna sit there and marvel at the
fact you didn’t think of it first … it’s been in front of your face the whole time!
It’s simple, but not easy … cuz all the trades you make when you are losing
money feel so comfortable, these trades won’t feel like that, simply cuz you’re not
used to making them … but train yourself through discipline and patience, on a
demo if you have to, and teach yourself the correct trades to make at the correct
time, and I can assure you that if you make the trade when you’re supposed to,
the money will follow”.
I’ve decided to post the updated PAMM Spreadsheet Sunday night with the
algorithm … this gives me a little more time for some writing, and right now I
need all the time I can get to get it done. And with that, I’m outta here … until
Sunday night mi amigos … “the future’s so bright I need sunglasses”!
… Onward & Upward!!
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”!
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