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Wednesday, September 5, 2018

THE FX JUNGLE: FIGURING IT ALL OUT

“Butch weighs in with a personal message of his own!”

Ahhhh, memories … seems like only yesterday, our chief head of security at 
-vegas HQ, one Winthrop Beaumont Turkington III [a/k/a “Butch”], saved me 
and staff from a throng of wild eyed screaming teenage girls at the beach, and 
thus turned a “good deed” into a secured position as our head of security 
wherever and whenever we venture out into the world. From school hall 
monitor to chief “donkey kicker” … well, that’s some rise up in the world 
… if only he could pass 3rd grade … I’m sure on his 4th attempt this year, 
he’ll meet the challenge.

Of course, Butch has the Euro algo we’ve developed and created … and while 
quite happy these last weeks, he understands that “success” is fragile, and that 
he can’t count on his academic success to get him to the finish line of financial 
prosperity … so, like the rest of us here, he’s trading EURUSD and reaping the 
whirlwind. The advisory service will be up on C2, more than likely tomorrow, 
and I’ll have info on this in tomorrow’s blog.

Turning to today’s EURUSD market … Active trade in the Asian session, and 
as we’ve witnessed before, the European session a complete joke … “WTF is 
wrong with you asshats in Europe”? Now in the U.S. session, and here comes the 
bullshit “Brexit” rumors once again, and EURUSD soars … “how many EU 
and/or British Apparatchiks in government got long before the news broke? 
… Inquiring minds would love to know”? And with that, the tone is set for the 
rest of the day, as once again shorts get crucified by Pie Holes … no doubt 
earlier it was the longs who were getting ripped, and the scumbag LP bank’s 
putting the “slippage meter” on “MAX” the entire time … most days, state max 
security prisons have a higher ethical standard than the scumbag LP banks 
… today no exception.

As I’ve stated before, financial markets have become “TNT & Crickets” … not 
much of anything else … it’s either exploding or completely dead, and it lends 
itself to bank manipulation very easily. And now that the rumor mill has 
exploded and taken out both sides of the order book in EURUSD, volatility has 
imploded, volumes have shrunk, and of course liquidity is non-existent 
… throw in some horrendous slippage from the usual suspects as they front 
run corporate orders, and trading here in NY just before Noon is a complete 
joke … nothing here but the scumbag LP banks looking to clip you if you play 
… some market huh? 

File this under, “shit I couldn’t make up if I tried” … EURUSD suddenly goes 
south “bigly & yuge” [well 20 PIPS in 100 seconds, but who’s counting], with 
“breaking news” on the www.forexlive.com newswire, that “ A German 
government spokesman says Germany hasn’t changed its Brexit position” 
… well, sounds to me like somebody forgot to tell their mistress this morning 
[or afternoon in Germany, cuz they need to sleep in some] about the upcoming 
EURUSD rally … and of course, not to be outdone by his peers, somebody has 
their own F-ing headline … “there, take that Mr. Market … Bambi, get out of 
your short position now”! 

Now that we’re 30 minutes later … what break, what government position? A 
career spanning decades in this shit, and it becomes all too familiar when 
having to deal with government Pie Holes at any level … nothing ever changes 
… only the names change. “The manipulative bullshit just never stops”!

A handful of algo trades today … PAMM up about half way to 0.1%.

Some might notice a very tiny trade that was a mistake … like most mistakes it 
cost us about $2, so no big deal … one signal didn’t work out, but the rest were 
right on the call. I kept volumes small again today, simply cuz the trading 
action is terrible … hopefully, Europe starts to get their act together, but for 
now until they do, trading higher volumes doesn’t make any sense. Really, the 
window of opportunity for decent trading is the New York morning and that’s 
about it … only a couple of hours at most … when Europe closes, then NY 
turns to shit, and you get to deal with scum like Squid, JPM, & Citibank. So, 
unless something is happening to move EURUSD, trading for PIPS in the NY 
afternoon is a “fool’s errand” … no matter what you do, they find a way to 
screw you with fills … “doesn’t matter the brokerage house, they all use the 
same damn banks”.

Tomorrow I’ll have information on the advisory service at C2 for those that are 
interested … like I said before, everybody gets a free 30 day free trial, so 
nobody has any downside here not to follow it. So, onto tomorrow … until then 
mi amigos … Onward & Upward!!

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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