LET’S HOPE 2019 IS BETTER THAN THIS

 

“Is this market for real, or are you messin’ with me!?”

Both … it’s not really a trading market, AND it’s messin’ with you … bon 

appetit traders!

Not much to say about this clusterfark, except to say a $3 range after 5+ hours 

ain’t gonna get it done … you can position it and take the risks associated with 

doing that, including getting your stop run by the scumbag LP bullion dealers, 

but other than that there is no advantage to trying to “trade” it, cuz there’s 

nothing here to trade … oh, and widened spreads from the lovable scumbags 

that are double a month ago doesn’t help matters.

They could and should rename this market to “Dealer Roulette” … really no 

difference from gambling in Las Vegas … spin the ball, and you either win or 

lose … mostly lose … how is this market any different from that in its present 

condition?

I’m outta here early … I can’t take this anymore, watching paint dry … this is 

pathetic, but you already know that … we’ll see what 2019 brings us on 

Wednesday … I won’t be posting here tomorrow, but I’ll have an important 

post over on the traderzoocrude blog [ www.traderzoocrude.blogspot.com ] 

tomorrow, most likely in the mid afternoon to early evening. 

Onward & Upward mi amigos!!

Have a great New Year’s Eve everybody … be safe and have fun!!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND

OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 

SERVICE.  DETAILS IN “DOWNLOAD LINKS” SECTION IN 

RIGHT HAND COLUMN. START YOUR JOURNEY FROM 

WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!

 

SUNDAY UPDATE: 2019 ON THE HORIZON

 

“That kind of thinking finds you trading gold!”

As you can see below from the charts, nothing new in gold, as it continues to 

scrape the bottom of the barrel, in terms of trading action … a slight blimp up 

in the daily, thanks to Europe cuz Asia has literally died, but the action in New 

York has reached levels that are almost terminal. And the dirty little secret, is 

that in the last 20 trading days, take out 2 that were from the FED, and another 

2 days from China tariff news, and your left with the average New York range 

just a few pennies above $6 … in any event, directly below gold and the SP500 

for correlation purposes.

 

 click to enlarge ALL

 

The SP500 ends the year with the highest volatility seen in years, and as I 

mentioned last week, other markets are flying while gold dies … what happens 

when FX and/or stock indices settle down? … where does gold go then? 

… what shell does it climb into and literally die? … maybe I’m all wrong, but it 

sure feels and looks to me like this market is in a “death spiral”, and when the 

current small upturn turns into shit, wherever it goes down to, it stays there for 

a helluva long time … “basically you’re looking at the silver debacle unfold in 

gold, where customers desert the market, spreads balloon, ranges move inward, 

and nobody gives a shit about trading it ever again” … oh sure, there’s a  

“market”, but it’s not a trading market, and I’m thinking 2019 doesn’t see 

much hope as we move into the new year … hope I’m wrong, but we’ll see.

In addition to the gold & SP500 charts above, over on the traderzoocrude 

website [ www.traderzoocrude.blogspot.com ], over in the right hand column 

under “Download Links”, are the 14 most volatile markets 20 Day Range MA’s 

for 2018 … about the only thing more boring than gold right now is Copper.

Onto New Year’s Eve … let’s see how this clusterfark of a day turns out. Until 

tomorrow mi amigos … Onward & Upward!!

Have a great rest of your weekend everybody!!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND

OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 

SERVICE.  DETAILS IN “DOWNLOAD LINKS” SECTION IN 

RIGHT HAND COLUMN. START YOUR JOURNEY FROM 

WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!

 

 

DIE HARD … DIE IN DARKNESS

 

“What does a gold trader say when he picks up the phone!?”

Bueller? … Bueller? … it’s what gold feels and trades like, as it sputters to its 

slow death … for a roadmap, just ask anybody who used to trade silver … “oh 

sure, there’s still a “market”, if you want to call it that for the folks out in ‘Murica, 

but nobody pays any attention to it, it doesn’t “trade”, but lurches to somewhere in 

the mix of intolerable chop & bullion dealer “scumbaggery” … the powers that be

killed it, cuz in the modern world of Elites, there’s no place for the PM’s 

… NONE … and they’re doing the same thing to gold … I can see it, I can feel it, 

and I’m not gonna deny it”.

And when the current small blimp up runs out of steam, it’s back to the  

“Comex Con Game”, and my belief is the market won’t come back from the 

devastation wrought on the specs this time around going down … “tag it, bag it, 

bury it”. And then it carries on in darkness for only God knows how long.

That’s not to say you can’t position it, but to do that you’re almost required to 

use option strategies that play out over time … “that’s what I’m doing in the C2 

options service signals, utilizing the ETF GLD, which is the SP gold exchange 

traded fund listed on the NYSE … right now, we’re LONG volatility, and have 

recently sold “fat” OTM calls to lock in profits and cover premium paid for 

… those positions are working very well”. In the SPY, which is the ETF for the 

SP500, I’ve stayed away cuz the volatility on the downside is so great, nothing 

on the Put side will Theta decay cuz of the risk … and if the market rallies, you 

lose on the Calls but aren’t going to see the same gains on the short side of the 

ledger cuz of risk … so, I’ve stayed away from these.

As we limp to the NYSE open, gold an absolute bucket of shit … 15 minutes in 

Europe, and literally nothing after that … New York completely dead so far 

… in its present state, this stuff can’t be traded, cuz the risk far outweighs any 

reward … “hey, it is what it is, and that’s why this market has no volumes going 

through it, cuz the customers have left … there isn’t anybody that gives a shit”!

Afternoon in New York, and everybody out there enjoying this pathetic $3 

range after 7+ hours of bullshit? … still think I’m being facetious that this 

market is f-ing dead … look around, everything else on the board from FX to 

Oil to stock indices doing something … up/down, some volatile conditions all 

around … except gold that is … “calling silver … please pick up the white 

courtesy phone and explain to gold the problem, and what happens next”!

Just too pathetic to even comment on … “where do you even start to explain 

how bad trading can get”? … I’ll trade it, if there’s a trade to be made, but this 

is ridiculous … I’ll simply wait to buy breaks when the range gets extended 

lower … everything else is horseshit. I’m outta here mi amigos 

… Onward & Upward!!

Have a great day everybody!!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND

OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 

SERVICE.  DETAILS IN “DOWNLOAD LINKS” SECTION IN 

RIGHT HAND COLUMN. START YOUR JOURNEY FROM 

WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!

 

GOLD IS DEAD

 

“What you’re left with after attempting to trade gold!”

As a "trading market", gold is dead … nothing here but “vapors” moves, 

scumbag LP banks, “slippage candy” in massive doses, widened spreads for no 

reason whatsoever, evaporating volumes, no liquidity whatsoever, and most 

importantly a customer base that shrinks by the day. 

Maybe somebody at Turnkey can tell me why spreads have doubled over the 

last month? … “couldn’t possibly be, that with nobody trading it, the scumbag 

LP banks have to make the money up somehow could it”? 

Right now, compared to what I’m doing over on the crude blog and trading 

NADEX with the signals service there [ www.traderzoocrude.blogspot.com ], 

this market here at Turnkey is pure, unadulterated shit … shit moves, shit 

ranges, shit fills, shit slippage on every order, shit LP’s, and a brokerage house 

that could care less … other than that, everything is fine. “I have the feeling, 

every single time I’m in gold, my quote feed, the spread I see, and everything else 

associated with the trade is against me and that I’m being manipulated “bigly & 

yuge” by these scumbags … every time … I’m sick of the slippage shit for no 

reason, and I’m sick of my spreads blowing out when I get into a position … and 

I’m sick of the lackadaisical attitude of Turnkey”. This is the worst market in 

the world to trade … no ifs, buts, or ands about it … it sucks.

Trading GLD over on C2 via the options signals service, no problem … doing 

very well … on target for over 30%+ for the year … don’t have the horseshit 

problems I encounter every fucking day at Turnkey … ditto with NADEX 

… dream trading over there that makes doing anything at Turnkey a fucking 

joke. Quite frankly, I’m beginning to wonder why anybody trades at Turnkey 

… worst scumbag LP’s on the planet, with the highest slippage I’ve ever seen 

for a market that isn’t doing anything … screw these assholes. “Go ahead, ask 

me how I really feel about them”.

Three algo trades today … PAMM down a hundred bucks and change. No 

trades in the C2 options signals service, where we have multiple profitable 

positions on in GLD [the NYSE ETF for gold]. From now on, I’m only buying 

new lows as the range gets extended lower, and then selling the pop 

… otherwise forget it, cuz this is a completely rigged market. 2019 and the rest 

of 2018 sees us not give a “Hoover Dam” penny to these crooks.

I can’t take any more of this shit right now … I’m outta here … thinking of 

either gold, the scumbag LP’s, or Turnkey makes me want to puke … until 

tomorrow mi amigos … seriously, I’ve had it with these assclowns and their 

pretend markets.

Have a great day everybody!!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND

OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 

SERVICE.  DETAILS IN “DOWNLOAD LINKS” SECTION IN 

RIGHT HAND COLUMN. START YOUR JOURNEY FROM 

WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!