THE WICKED WEB THEY WEAVE

 

“Buy stocks, sell gold they say … they always come back … the FED put!”

It should surprise no one who reads my blogs over the last months, that stocks 

have suddenly & viciously cratered … “put bluntly, what can’t be sustained, 

won’t be, no matter the hubris & idiocy of the FED, and all the Apparatchiks who 

pretend in their delusional fancy, that they know how to levitate stocks 

indefinitely through financial manipulation, and thereby influence and control 

human behavior … you can’t legislate human greed & fear”!

And through all the “wailing & gnashing of teeth” yesterday in the financial 

MSM, about the carnage and crashing of the DOW30, SP500, & NDX100, the 

forgotten fact is, “this [meaning ± 1% - 4% fluctuations in markets DAILY] used 

to be commonplace before the FED put their sticky manipulative fingers in the pie 

and fucked things up! … this whole “FED put” bullshit, right along with the 

“Plunge Protection Team” [PPT] will save us, to the “FANG stocks just can’t go 

down”, is nothing more than “the tangled web of deception wrought by 

government”, via the FED, to manipulate & control public opinion that 

“all is well”, when in fact the exact opposite is the truth! … at some point, the 

“Hoover Dam” breaks, and it breaks cuz the idiots who think they control things, 

actually don’t, and the problem magnifies itself cuz of their manipulations 

… now what genius’s”?

And for all the meltdown on the charts you’ve seen in stocks, flip the chart 

upside down, and at some point the price suppression of precious metals, by 

the same Twits who engineered the stock sell off, will be seen on the upside as 

people finally wake up and smell the coffee … “do you feel manipulated yet”?

Turning to today’s gold market … “we’ve stood at the entrance to the rally 

bridge before … Europe, not the “Chuckleheads” in Asia, bidding the price up to 

the 1203 level I mentioned yesterday in a somewhat mini panic mode … what’s 

left for the U.S. session we’ll find out here shortly”. Traders caught short via 

the “correlation trade” with USDCNH, no doubt, having something to do with 

the rally we’ve seen so far out of Europe. Remember, it correlates ‘till it 

doesn’t, simple as that! Coming into the U.S. session, we’ve already got a 

$13+ range … question is, is there anything left for the U.S. to extend this to 

something more substantial on the upside, or are we looking at “crumbs”, and 

total bullshit for our trading day? Again, we’re about to find out, but I will 

say, though, a move through 1208 - 1210, and look the hell out on the upside 

… with COT [Commitment of Traders, CFTC] retail spec short positions not 

seen since 2001 [that’s 17 years for you Obama voters], that’s a lot of “buying 

fuel” in panic mode that will be unleashed.

Only one algorithm trade today … PAMM up a few bucks.

“Well, that escalated quickly to the upside, didn’t it”? … I saw this coming, and 

trading before the 8:30 AM EST CPI number produced one buy signal that 

resulted in a small profit. Then at 8:30, all hell broke loose, and that’s when 

the problem with Turnkey started.

At 8:30 AM EST, the MT4 trading platform crashed at Turnkey, due no doubt 

to high volumes and rapid volatility, something the antiquated piece of shit 

trading platform can’t handle … Turnkey being Turnkey and staffed with 

dolts, they first tried to tell me it was my network connection … soon enough, 

though, they admitted the system had crashed and burned … “and in true 

Turnkey style, it took them over three [3] hours to fix things, and when I saw on 

another trading platform what was happening via another broker… well, my 

laptop is lucky it isn’t sitting at the bottom of the ocean. All told, when the 

problem was fixed [we’ll see how long this lasts], price is at 1219, and I’m so 

fucking mad I can see purple”.

“There are lots of things I can say, but won’t … suffice it to say Turnkey is in my 

“shithouse” for being inept, incompetent, and asleep at the switch … simply put, 

fucking MORONS for not having a back up plan for customers. These assholes 

cost us “wampum bucks” today, well in excess of over $1,000 for the PAMM 

… thanks Turnkey”.

Quite frankly, you have no idea how pissed off I am over this … biggest daily 

move this year, and these fucking morons can’t even provide a functioning 

trading platform … “oh, so sorry for the inconvenience … please be patient”.  

Take your inconvenience and patience and go pound sand. What about the 

money you idiots cost us? And so, I just shut off the computer and headed to 

the beach with the dog to cool down … I can’t trade like this when I’m seeing 

purple and you can fry eggs on my neck … sorry, it’s not in me. Please, 

everybody reading this, email Turnkey support at support@turnkeyforex.com 

or better yet, get on live chat and ask Ben or Kevin, “hey, why the fuck can’t you 

keep a trading platform running? … discover for yourself the pile of bullshit they 

will pour onto you for the “inconvenience”, but rest assured the problem is fixed 

now … yea, sure it is … anybody want to lay book on this premise”? These doofus 

dumb asses cost us real money today with their incompetence … they deserve 

way more shit than I’ve already given them. “If I ran this bucket shop, heads 

would be rolling in the aisle over this … knowing them, the idiot responsible will 

probably get a promotion”.

I’m somewhat cooled down now, here hours later, but I’m still pissed … and 

yet, tomorrow is another day, and trust me when I say tomorrow will yield 

some great buy signals. Unless of course, the idiots at Turnkey find another 

reason for there piece of shit trading platform to crash, which is entirely 

possible knowing these clowns. Please, if you’re as outraged over this as I am, 

let them know in no uncertain terms how you feel about it, and how 

unacceptable it is to leave trading clients, literally in the lurch on a very busy 

trading day … this is simply intolerable … like I asked them, “are you a 

bucket shop or a brokerage house, cuz at this point I don’t really know”?

One other note to today’s trading … not happy again at the CME with their  

“e micro futures” gold contracts … second day in a row, so it’s on to the 

regular contract of 100 OZ. = 1 lot. Not hugely surprised, but I’m not sitting 

around and getting ripped with fills from the “mini” market, when the 

regular contract should suffice … live and learn. So starting tomorrow, the 

C2 signals advisory will be in the December 2018 gold futures contract.

So, onto tomorrow … sorry folks, I can’t trade the signals if I don’t have a 

fucking platform to trade on, and they only have the antiquated MT4 … so, I 

can only sit while they diddle around and fumble their way to fixing the 

problem … it is what it is unfortunately for us today. Until tomorrow mi 

amigos … I need a drink … Onward & Upward!!

PAMM Spreadsheet directly below.

 

click to enlarge

UPDATE: Here around 3:20 PM EST, I tested the Turnkey MT4 platform with 
a meaningless 3 OZ. trade for the PAMM, just to see 1) if it worked, 2) was my 
order queued or was it instantaneous in the fill, and 3) what was the fill time in 
milliseconds from order entry to my receiving the fill … some of you in the 
PAMM may see the trade, some might not cuz it’s only 3 OZ., and I bought it at 
36 and sold it at 42, so after RT commissions it’s about 15 cents I think … in any 
event, I wanted to test it before tomorrow’s trade started to see if things were 
indeed OK … yes they are … finally.

Have a great day everybody!!

-vegas

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