THE CORRUPTION OF EVERYTHING

“Poster child of corruption in the post WWII era!”

“Life imitates trading … trading imitates life” … and while corruption has been with

mankind forever, it took on new meaning with the advent of the Clinton Crime

Family … Bush, Jr. overlooked it and became part of it, and Ex Preezy Empty Suit 

institutionalized & weaponized it for political gain … it now permeates everything.

Technology has given rise to more complete corruption from the financial side,

cuz it can be done “in the dark” via computers, with the money transferred and

hidden at the speed of light … and from the financial side of things, it’s nothing

more than a money laundering scheme to plunder money from the public under

the guise of “markets acting in a random fashion” … bullshit, banks now control

every facet of trading … there isn’t anything they don’t have their sticky fingers

in, and like government, only exist to enrich the few at the top.

Sure, we all want to make money trading, but when everything is corrupt as hell,

and in markets everything is “POLS & Apparatchiks” moving their lying lips,

nothing is trading and everything is either “speed of light OR … crickets” … and

the algorithms can’t react fast enough to FED PIE HOLES or Trump tweets

… which means lately you get to buy rallies and sell breaks, a sure path to the

poor house … people win sometimes playing roulette also, but I don’t see

anybody making a living doing it.

Well, that escalated quickly to the downside in gold, didn’t it? … impeachment a

joke, “China trade deal”, and everyone positioned for the next big move up in

gold gets taken to the slaughterhouse today … I said after the FED meeting, short

term gold’s got no place to go … the trade down today in gold a real bloodbath,

helped by sell stops … the bottom [so far] around 1500 a thing of beauty, as it

was mystery ticks galore, widened spreads out to 40 cents per oz., and price

quotes from hell … click the button and may the trading deities be on your side.

The only thing that kept us from buying on the way down today in gold was the

algorithm, which steadfastly said “NO” … and while gold farts around “dead cat

bouncing”, I don’t see at all anything that gets the price back to 1530+ … what

we’re seeing now is all the hallmarks of a distribution top in gold, ala 2011, where

it’s panic city up, then panic city down, and it spends a few months consolidating

in terms of price, only to alternatively kill both longs and shorts on different days

… you buy it on the way up and you’re toast … sell it on the way down and good

luck with that scenario as well … this is a very tough time to be trading gold, and

it doesn’t help with corrupt & thieving Turnkey LP’s handing out fills.

Stock indices take off on the whistleblower memo and Trump’s tweet on the

bogus “China trade deal” … amazing how they always find a way to get the HFT

algos to bite and take the bait in stock indices … and you don’t think Trump

doesn’t watch the SP500, the DOW, and the NDX100? … and he plays the markets

like a fiddle, pretty much 100% catching rubes short and handing them some

financial pain … unreal … today sees the NDX100 move too fast for the algorithm,

so I had to pass on the long NDX100 trade … not gonna buy rallies … sticking to

the signals 100% of the time.

In the DAX30, the early action into New York was all to the downside, with ZERO

buy signals … only once the New York criminals took over at around 7 AM EST,

did the DAX30 stabilize and then followed the U.S. indices after that … so, no

trades here today either. As for Cable [GBPUSD], I’m leaving it alone until

“Brexit” is over and done with … we track it and watch it, but I’m not willing to

get blindsided via British political bullshit, that only serves to fund the mistress

accounts of corrupt British POLS & Apparatchiks … when it’s over we will move

attention to Cable and by extension EURGBP as well.

Bid/offer spreads today better than yesterday, but that’s not saying much … still

not good in the DOW30 and/or crude oil, where it’s basically a roulette bet what

you’re gonna get … NDX100 & DAX30 have been stable for a while now and

haven’t changed much during recent volatile trading … gold an effing joke today,

as the spread got as high as 40 cents per OZ. at the bottom [so far] around 1500

… however the story in gold isn’t just the spread, it’s also the highly erratic

nature of the quotes, the front running of futures by the scumbag LP’s, and the

horrendous slippage handed out on pretty much every single fill … Cousin It

today having learned it’s better to be 10 minutes too early to the sell button in

anything, than 1 microsecond too late, cuz when it turns the scumbag LP’s will

make you pay a very heavy price for the privilege … “liquidity providers my ass,

they are fucking thieves … but, we already knew that, so no news there”.

No algorithm buy signals today, but hopefully tomorrow provides us with at least

one market to trade … I’ll be in late Asia tonight and early Europe looking for a

good DAX30 signal, and we’ll take it from there … until tomorrow mi amigos

… Onward & Upward!!

Have a great day everybody!  

-vegas