“DEM 2020 Loons for Preezy … this is our message to America!”
Lunacy is NOT on summer vacation! … Let’s first start with the obvious … “just
cancel the election, cuz Trump wins in a landslide" … why? … when every single
DEM Loon raises their hand for free unlimited healthcare for ILLEGAL immigrants,
and you haven’t done Mr Jack Squat for Veterans, and/or homeless IN THIS
COUNTRY, and they SUFFER while ILLEGALS benefit? … and then you have the
audacity to lay the bill on middle class ‘Murica? … that should be it, you’re
disqualified to hold office of any kind! … in any kind of sane world, this is pure
lunacy and a slap in your face as a U.S. citizen … make no mistake, this is THE
MIDDLE FINGER to the entire country from Libtards, who have a whole new group
of undocumented voters they need to please and pander to for ILLEGAL votes. I
simply can’t recall a bigger group of misfits, malcontents, wannabes, & SJW’s,
who want to shove socialism down our throats … well, not me assclowns!!
Second on my list is gold … as Yogi Berra once said, it’s “deja vu” all over again!
… can’t move it in late New York, but let the day slip into tomorrow, and trading
goes into the deep hell known as Australia & New Zealand, and all of a sudden for
the umpteenth time in the last couple of months, gold moves straight … hell, it
can’t even get to the Asian open! By the time China opens and starts trading in
earnest, gold already has a $10+ range for the day! … what the hell is this?
… now we’re at sunrise in New York, the day’s range is $16+, and it’s been a round
tripper kind of overnight session … OK New York, what’s in store for us now that
gold has blown its balloon overnight? … “Chuckleheads”, what the hell are you
doing? … where’s the money coming from, that you can lose practically every
single day? … and NO, I don’t wanna go to bed, there’s that “Hoover Dam” clown
wanting/demanding everything I have ever worked for and more, and if I do go to
bed, gold moves! … bottom line: “it’s not easy being me folks”.
So, I’m hoping everyone can see the trading action difference between Asia &
early Europe versus the U.S. … not even close to being the same … a much more
fluid and tradeable market, with bigger scope M1’s than the manipulated U.S.
market … however, unless you want to be a meth addict and stay up 24/5, you
can’t trade Asia & the U.S. without going nuts.
And the times I’ve tried to trade Asia, it dies or takes off before Asia even opens
… well, now what? … so everyone has to pick and choose which sessions and
which hours to trade and simply deal with it … otherwise, you end up playing
“whack-a-mole” at the pizza parlor.
Noon in New York, and here is the complete bat guano you can usually expect
from New York, once Asia & early Europe do their thing and yank the range past
$10 overnight … all it is [90%+ of the time] is pathetically extend or pretend there
is gonna be any move. So what we see today is typical, and after a complete
reversal from overnight highs, we hit a new low by a few pennies and take some
longs to the woodshed … but, what really happened? … Nada is what happened,
and with the weekend events at the G20 taking center stage, along with OPEC and
Putin, what is this Friday about really? … well, it’s about pure crap is what it’s
about, and it’s simply nothing more than banks separating accounts from their
money … up a little, down a little, set off some stops, rinse & repeat, you get the
picture.
Here at vegas HQ, over the last couple of days, we’ve been training brand
spanking new traders in the art of the gold algorithm … why? … cuz Monday is
July 1, and we plan on unleashing the Kraken on the gold market come Monday
for the PAMM … we’ve traded it [me, Cousin It, & CoS (Chief of Staff) Milton
Waddums] in our personal accounts in up moves, down moves, and now
sideways moves and it has performed better than even we expected. We’ve taken
brand new traders here in Paradise, and in 3 days all are up money in demo
accounts [treating them like real accounts], and are wondering how the hell we
don’t own the world already … but I digress … what we are planning corporate
wise, is offering the gold algorithm in the Fall, right after Labor Day, to the trading
world worldwide … and the PAMM is going to be the track record for the trading
manual we use to market and provide the algorithm … come Monday, I’m going to
be taking every single buy signal the algorithm gives, consistent with a reasonable
to decent probability of success, from 7 AM EST to about 2 PM EST, give or take
some time and depending on how much money we’ve made for the day.
Just for informational purposes right now, the data sets and mathematical
provisions I’ll be using are from XAUUSD on the Turnkey live server, from 3 AM
EST to 3PM EST [10:00:00 - 22:00:00], which is 12 hours per trading day. All other
times of day are left out, not because they are unreliable, but simply because
they encompass the historically slowest times of day and will skew data to the
downside … as we’ve seen lately, though, Asia can and does explode
occasionally, and while I don’t need millions of data sets to be extremely accurate,
I also don’t need the extra work to get them … therefore, we stick to the main half
of the day.
We’ve moved to the P.M. here in New York, and now that Europe is closed, and the
weekend calling, I certainly don’t expect anything but chop going forward to the
end of the day … already price is drifting in ever smaller M1’s, and absent some
news, this is the future to the close. While we did have some algorithm buy
signals today, I didn’t take them in the PAMM cuz I was teaching, and more
importantly getting ready for the July 1 start on Monday … we had a lot on our
table today, and it was mission accomplished.
So, there’s gonna be some cash flowing come Monday, and if gold moves at all
between 7 - 2, there’s a very high probability we’ll be there to capture part of it.
Blog update on Sunday … until then mi amigos … Onward & Upward!!
Have a great weekend everybody!
-vegas
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