“Yes, especially in trading financial markets!”
Well, see my shocked face … not really, cuz just like lions can’t stop from being
lions, “liquidity providers” can’t help but be crooks, thieves, & general overall
scumbags in making markets … it’s who & what they are, why would they change?
… the latest iteration being Sunday night’s crude oil open, where everybody was
wondering how bad the Saudi Arabia mess was gonna misprice oil … well, that’s
if your brokerage house opened oil on time … say WUT!? … and Turnkey being
Turnkey, they managed to open oil 17 minutes after everybody else, thus freezing
out customers with positions, or those wanting to establish positions … and in
what is surely a coincidence [cough, bullshit, cough], their open came within a
minute or two of the bottom in first hour oil trading, where during that 17 minutes
oil fluctuated over $3 per barrel … nothing to see here Sheeple, move along!
… ahhh, honest & upright LP’s you can trust, right? … and how about that 20 cent
spread now in crude? … are more drones on the way, cuz I’m at a loss to explain
the bid/offer spread other than the fact they think they can get away with it for
awhile, and more importantly you’re dumb enough to hand them money and trade
it … if it wasn’t serious it would be laughable … same old shit from these guys,
different day … scumbags, scumbags everywhere!
Well, this drone attack on Saudi Arabian oil facilities is going to give these
maggots the necessary excuse to jack bid/offer spreads across the board, thus
increasing our trading costs, boosting their profit, and making life miserable for
anybody trading … here in the early AM, as the sun starts to rise in New York,
everything from a spread perspective blown out, except for 2 markets … gold is
pretty much trading near its normal spread, and like I said yesterday, the DAX30
is normal … not even Turnkey can fuck up the DAX30 … oh, I’m sure they’ll try
and find a way, but if they do they might as well shutter the doors and sell
vitamins on the internet.
The complete clusterfark continues in the DOW30 today, as early trading sees
the bid/offer spread at 8 index points, and crude oil with an 8 cent spread … I
don’t know who they’re trying to kid, and/or pretend this is somehow competitive,
but this isn’t gonna cut it. Meanwhile, stocks open and considering the events
that just happened, are basically listless … I realize it’s “FED week”, and VIX has
to be suppressed, but this is ridiculous … the day is half over and the DAX30
doesn’t even have a 60 index point range? … the DOW30 about 140 index point
range here before its open? … sooooooooooo quiet and range bound, yet the
scumbag LP’s need that extra layer of protection via the spread cuz … cuz STFU
and trade! … welcome to scumbag bank LP logic.
Bottom line is the day has been practically ruined before its started, here in the
U.S. session … with war with Iran almost a fait accompli, is anything gonna
trade? … does it even matter? … except for oil, the markets so far have pretty
much said no. Markets not only have to deal with an idiot FED come Wednesday,
now there’s the possibility of war with Iran over Saudi Arabia’s oil fields … who
wants to dive head first into a market?
Quite frankly, I don’t see any market responding positively in terms of trading
conditions, to events over the weekend … and with the morons at the Eccles
building due up in about 48 hours, the recipe for disaster is large, while the
expectations for any gain is tiny … of course, oil is a mess today … last night saw
its largest gap up in history on the open, to the tune of about 20% … and while
gold got all riled up and opened sharply higher, it faded faster than the Miami
Dolphins … it got sold off quickly and hasn’t recovered … the stock indices?
… my goodness, did they get paralyzed with some kind of drug?
I start the week looking forward to trading the DAX30, and it puts in a daily range
so bad, you gotta go back 6 months to find anything worse … back to around
Easter … good grief, can it get any worse for intraday volatility? … and so, I sit
back and watch this clusterfark in amazement, all the while watching my trading
algorithm collapse onto itself from lack of price movement … but really, why
should anybody be surprised, when for the last 3 ½ years, we’ve been in the
“POLS & Apparatchiks” trading paradigm, and the FED is on deck.
In the news today, another 3 gold traders from … you guessed it … JPM … have
been charged with gold market manipulation … directly below the link for more
details.
Quite frankly, right now gold is in “no man’s land” … it can’t hold rallies, and it
won’t break … it’s nothing more than scumbag LP bank bullshit, with up/down
spikes from hell, front runned orders, and “spoofing” in the futures market … the
latest iteration brought to you by “liquidity providers” at 20:52 server time on
some bullshit headline from Iran … “when you need a quick $4 drop, just run
anything and let the algos run wild front running the futures jockeys, and then
pocket some coin … simply disgusting action, but until this FED bullshit is out of
the way, gold has no place to go, and I don’t even want to look at it … in the
DOW30, Turnkey is in the process of ruining this CFD with a too high bid/offer
spread … nice job morons, keep up the good work … you’ve ruined oil, the Hang
Seng, now the DOW30, what’s next?
I’m so disgusted with how markets are behaving, having been taken over by
government manipulators, and now we wait for “official” bullshit on Wednesday,
and I’m even more disgusted with these thieves & crooks masquerading as
“liquidity providers”, who are as far away from making markets as anybody’s
imagination can carry them, and refuse to do the job without sticking a gun in
your face and demand more money from you … “yes, nothing is going on so let’s
double or triple trading costs to recapture lost trading volume … the rubes will
never notice”!
Hopefully things pick up, but tomorrow looks to be worse than today … we’ll see
… afternoon in New York, Europe is closed, and the criminal gangs that feed on
financial markets, a/k/a JPM, Squid, HSBC, Citigroup, etc. will once again do what
they always do, which is create havoc & chaos benefiting themselves at your
expense … no thanks scumbags. We’ll see what the DAX30 brings us on Tuesday
… until tomorrow mi amigos … Onward & Upward!!
Have a great day everybody!
-vegas
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