“Trusting markets to SkyNet since the start of 2015!”
File this under, “wow, this shit never happens”! … oh wait, an Italian
Apparatchik now says Italy’s budget can fit inside E.U. rules … EURUSD
skyrockets … “and another mistress fund gets funded instantly … who could
have ever foreseen this”? And so, the orchestra plays on while the Titanic
sinks, and of course EURUSD goes lower from this, proving my premise once
again why this shit happens.
And trust me, this isn’t unique to EURUSD, or any of the other FX pairs that
dot the landscape … in the last 2 days, we’ve seen some bullshit shenanigans in
USDCAD as well, causing sell stops to get taken out in CADJPY in a blink of
an eye, and then right back up 10 - 20 PIPS … nice work if you can get it. And
this type of action very much worries me.
Which brings us to today, and the utter horseshit FX markets have become
… again, if I had a nickel for every Apparatchik on the wires today, I’d walk
away today up about 2K, no doubt about it. It was “dead meat” across the
board up to the 10 AM release of the ISM numbers, which blew out on the
upside, thus creating fears of higher interest rates from Spicoli at the FED.
Meanwhile, the manipulations get worse … EURUSD, GBPUSD, & now
USDCAD getting in on the action with mystery spikes from hell … WTF is
next, locusts?
COMMAND DECISION TIME
This past weekend, Cos [Chief of Staff] Milton Waddums finished work on the
XAUUSD algorithm … which, with one major modification, is exactly the same
as the “-vegas EURUSD Algorithm” … no difference really outside of that
major modification. In addition to that, over the weekend in discussion with
Turnkey, we got new server times, with new banks and dealers, that on the
surface are doing a much better job of filling orders. Now, Turnkey for all of
their faults, cuz remember no brokerage house is perfect [if I had one, it’d be
perfect … but that’s another story for another day.], has by far the best
XAUUSD [spot gold] market going anywhere on the globe … there isn’t
anybody better IMHO … during the 7AM EST - 2:30 PM EST time frame,
the spread is usually between 6 - 10 cents per OZ., and RT commission will be
another approximately 2 cents per OZ.
I’ve stated before that our “Uncle Milty” is a “gold bug” from way back, as am
I [kinda], and I’ve been looking forward to his finishing the algorithm. Gold
daily ranges have been expanding, and since Spicoli has headed up the FED
from Grandma Yellen, and Trump has been President, the “Rally Protection
Team” [RPT] has been for the most part absent from the gold marketplace,
where they overtly suppressed the gold price through sell manipulations
between 2012 - 2016. While they can of course always come back, I don’t see
this happening.
For most of today, until 10 AM EST., FX was dead … I traded XAUUSD in
my personal account … the algo worked to perfection, and on one trade
liquidated a long position 2 cents off the bid high for the M1 … a better fill I
could not have expected. Meanwhile, the haphazard nature of regular FX,
with it’s “TNT & Crickets” bullshit, is an almost impossible task of getting
good algo positions on … impossible in EURJPY, at the moment, and pretty
“Hoover Dam” tough in CADJPY as well … “I need trades, and getting one
signal a day in anything FX is bullshit”.
So, it’s command decision time … and that command decision is to drop all of
currency FX and trade XAUUSD … in the PAMM & at C2 … starting
tomorrow, all trades both on the advisory and in the PAMM will be only in
gold, where expect about 80% of the time to be long. “And folks, while I don’t
like to be “wishy washy” about markets, and go back & forth, I can say with
confidence [cuz crude oil ain’t available to us to trade], I’m going to be staying
in gold until hell freezes over … quote me on this”. Back to the future everybody
… should have never left!
For those in the C2 advisory signal service, EMAIL ME FOR ANOTHER
MONTH OF FREE SERVICE SIGNALS, and I’ll send you a coupon code that
you can use when your due date is up sometime this month … it’s the only fair
thing to do. I’ll be keeping the service at C2 named the same, cuz it’s really the
same algo as EURUSD, with the major modification I mentioned before. There
will be more signals per day, and much higher profits to be had … I look
forward to it with great anticipation. I’ll be updating the website over the next
few days to reflect the changes.
As for today’s trading, another totally frustrating day in currency FX
… CADJPY a major disappointment with 2 signals, and while I’m not
complaining about fills in CADJPY, the action in USDCAD a total piss poor
nightmare, resulting in extremely choppy CADJPY action, with most of the day
a total waste. And while gold can get choppy at times, it doesn’t stay that way
for long … and with increased ranges, that makes it worth trading.
PAMM today down about $50, but I’m totally focused on implementing the
gold algorithm starting tomorrow … time to move profits forward, and I
think gold is the place to do it! “Currency FX, reminds me of the Titanic … it’s
going down as the band plays on with not a worry in the world … at some point,
everybody gets tired of being manipulated by the scumbag LP banks”.
I need to get the PAMM Spreadsheet updated, and after tomorrow’s gold
trading, it’ll be up on the blog … “time to focus on our favorite yellow pet rock”
… until tomorrow 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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