“How financial markets thieves think!”
Whoopsie! … this is what happens when the “right people” don’t get their cut
… somehow, some way, that bag of cash in the garage garbage can didn’t make
it, OR the crypto got sent to the wrong E-Wallet … whatevs … it’s not the problem
of the recipient, it’s the problem of the guy who was supposed to deliver it, and
when it doesn’t get delivered, it sets in motion a chain of events that is most
unwelcome in the financial community.
Directly below, a link to the article at ZH, where somebody isn’t happy and the
financial world just got delivered a “message”.
Now, let’s be clear here … this kind of shit goes on every 5 minutes in the
financial world … how the hell do you think mistress funds get funded and
replenished? … when things go wrong, and the public needs to be reassured
the porn watching regulators are on the job, they hang somebody out to dry
who hasn’t made the proper payment … two birds get killed with one stone. Back
in the day when pits ruled the world, and the Cocaine Cowboys ran things, it was
common place on Monday mornings to see half the exchange floor coming to
“work” with paper bags filled with … ham & cheese on rye? … P & J? … gosh,
what could those paper bags be filled with? … clerks shuffling around with
multiple bags that had traders badge ID’s scribbled on them … and then it’s
time to make their way to the elevators upstairs, where said bags found their
new home among the rank and file of self serving “pooh bahs” … “oh, good
times”!
That was decades ago … you think anything has really changed? … same game,
different names … cash in a bag is so “20th century”, don’tchathink? … much
easier today, just to send some crypto to an E-Wallet … the point though, is that
when something goes wrong, it’s time to hang somebody out to dry … this way
the whole rotten system gets sent a very clear message … “fuck up Skippy, and
you’ll be the one next time that gets pinched and sent down the river”.
And all of this, of course, perfectly segways itself right into the “Tulip Bulb 30”,
and the Ponzi scheme we find ourselves in today, thank you very much faculty
lounge Twits at the FED. … the difference today, though, is night and day
compared to the loot stolen in prior decades … by comparison, what was
skimmed back then isn’t even a “rounding error” in today’s modern day skim
… and my suspicion is that the banks knew this all along as they literally forced
the world to adopt & adapt to electronic trading that they would control … and
since the amounts of money are like the Pacific ocean compared to a backyard
pool, my guess is they didn’t have to twist many arms in high places to get their
wish.
Cuz what we’re talkin’ about here is a $7 trillion dollar per day velocity of money
scam … with all that money changing hands at the speed of light in
nanoseconds, and with regulators, POLS, & Apparatchiks dumber than a box of
rocks AND not wanting to know, but nonetheless wanting their cut, how hard is it
to skim millions off the top of a $7 trillion dollar a day pile? … only traders will
miss it! … so while the BOE tries its best to make it look like they got the goods
on somebody, it’s all bullshit with no end in sight … just think of JPM getting a
$100 million dollar fine from the CFTC, and then telling the world they’re “on it”
… sure you are, right … and the scumbags at JPM, from the top all the way down
to the janitor, are laughing all the way to the proverbial bank, cuz it’s just the cost
of doing biz.
Meanwhile, Cable today sees a BOE meeting, so I don't want to step in front of
this potential freight train … but after it’s over, and given the rally failed, the
GBPUSD scalpers algorithm had another great sell signal … directly below the
chart.
click on any chart or table to enlarge
A little over a 30 PIP gain here … did you know where to sell? … just as
importantly, did you know where to liquidate and buy it back and under what
conditions? … No? … OK, so sorry for you! … get the “Traders Course” [TC] and
get ready to go board your shipload of money … I made this trade at PRIMEXBT,
which has the best all around trading conditions you’re going to find to trade
Cable [or for that matter any FX] … and to that end, directly below a table which
shows PRIMEXBT bid/offer spreads in FX, and what the spread you can expect
to receive is for the volumes of notional you trade … make no mistake, this is
important, because it gives you ahead of time what your spread is going to be
whether you trade 1,000 notional [10 cents per PIP] or 1,000,000 notional [$100
per PIP].
Remember, at PRIMEXBT, 0 - 300,000 notional has 1000X leverage [or 0.1%%
margin on notional], and execution times are super fast, running only a few
milliseconds … that’s important cuz it tells me my order is not being “gamed” by
an FX robot, and being sent to a brokerage house preferred liquidity provider
who’s gonna rip me off by giving me a shit fill, splitting the loot with the
brokerage house, and my execution time will run in the seconds [hello bucket
shops Turnkey & Coinexx] … all FX listed in the table above have round turn
[RT] commissions of 0.002% of notional, which if you do the math, no matter
what size you trade the cost is gonna be anywhere from 0.1 PIPS on the low side,
to 0.3 PIPS on the high side, with most in the 0.2 PIPS area.
Not many retail specs trade more than 300,000 notional, so what is particularly
attractive about PRIMEXBT, is that they don’t rip off lower volume size orders, yet
are very competitive with other offshore houses on larger volume sizes … the
difference, though, is that you don’t have to wonder how much you’re gonna get
clipped by doing larger volumes … YOU KNOW AHEAD OF TIME … and with
instantaneous fills, and very little if any slippage that I can see, you’re gonna be
happy as all get out with what you experience … OR, stay at the bucket shops
and get clipped, and send thousands of $$$$ to banker & brokerage house scum
… I’m sure they appreciate your kindness [more like stupidity].
This sets up some interesting trading situations … consider my options on the
Cable trade … I want to sell 250,000 GBPUSD, and the spread for that is about
1.4 - 1.5 PIPS for that size of trade today [spreads running a tad higher in Cable
cuz of the BOE bullshit]. If I do 125,000 TWICE, I can get a spread of 0.7 - 0.8,
which are normal by the way … you see the flexibility here? In any event, I don’t
have to wait 2 - 3 seconds for a fill that’s gonna fuck me by at least 1 PIP and
maybe 2 PIPS, if I was at one of the bucket shops I named earlier.
Turning to the “Tulip Bulb 30”, nothing matters anymore except “QE funny
money”, so ignore all that distracting and utterly worthless economic data that
suggests SHTF is closer than ever … “nah, probably nothing” … doesn’t matter
in the bubble world of stocks or indices, where the FED manipulators are in total
control of the bids … what a fucking joke, but we already know that.
Ho hum, another scam cash NYSE open, where the “Chipmunks” get to buy the
high, just like practically every day the FED drains the Pacific Ocean to run the
CNTRL-P machine … is there a bigger group of private sector dopes in the
world? … you’d be hard pressed to find them.
So while the manipulators manipulate stocks ever skyward, Cable [GBPUSD] is
starting to heat up … granted, today was an interest rate decision day, but the
BOE has fewer balls than a RINO POL in the U.S., so outside of a few minutes
right after the expected announcement that saw ZILCH surprises, the day has
continued to see an expanded range … intraday VIX is picking up, and with
BREXIT a BoJo “done deal”, matters can concern themselves with economic
policy, the British economy, and the level of interest rates vis-a-vis other FX
pairs … granted, there will be haggling over BoJo’s exit deal, and the impact
this might or might not have on Cable, but the deal itself has let loose the
“Kraken” of intraday VIX, which is all I give a shit about no matter what it is I’m
trading … “soiled underwear futures picking up and getting volatile? … good, I’ll
be trading it”! … say whatever it is you want, but at least Cable is “TRADING”
… as in up/down, versus the utter horseshit seen in stocks where it’s total
manipulation from the open to the close every fucking second … so far, Cable
has a 143 PIP range and is threatening to expand that … with the TC algorithm,
very tight spreads, instantaneous execution, the LOWEST MARGINS ANYWHERE,
profits paid out in BTC, AND NO KYC … OK, find me a better place to trade … OK,
where?
Quite frankly, if the FED “QE funny money” manipulators want to take the entire
intraday VIX out of the “Tulip Bulb 30” or the SP500, I say have at it … I don’t give
a shit … if Cable can stay anywhere near 80+ PIP ranges for the European & U.S.
sessions, I can trade this stuff like I was standing on a trading floor … “for cryin’
out loud man, I got better trading conditions at PRIMEXBT in Cable, than I ever
did in that shithole exchange in Murder, Illionois back in the day, where it cost
hundreds of thousnds of dollars via a membership to stand there … “oh, and
where I had a verified, audited return on capital of 1400% over 3 years … you
know, just sayin’ … and this EFFING costs NADA!? … Oy Vey”!! … hell, I’ve made
more in my personal account in the last 2 days trading Cable than I have in the
“Tulip Bulb 30” over the last 2 months! … and it’s cuz of 2 factors; 1) BREXIT IS
OVER, and 2) intraday VIX has picked up cuz of #1, and anytime you can get
intraday VIX at an acceptable level, the TC algorithms are going to “smoke the
shit” out of the market for gain & profit … it’s as simple as that … knowing that
the FED hates ALL specs, why the hell do you think it’s their mission from God
to obliterate VIX? … it’s to kill all specs … “well FED, how you gonna kill the
“Widow Maker”, huh?”
So, it shouldn’t be any mystery here … Cable has always been and always will be
[and now thanks to BoJo & BREXIT], a loose cannon in the FX space … fuck
EURUSD, fuck USDJPY, they’re all manipulated by central banks who are nothing
but fools … quite frankly, the BOE doesn’t have the money of the other 2, and
while they can go small QE, they aren’t anywhere near the FED, BOJ,or the ECB
… and what that means, at least for me, IS PROFITS FROM TRADING.
Quite frankly, I CAN’T trade GBPUSD for the PAMM / MAM, like I want at FX
CHOICE … their bid/offer spreads + RT commissions are too “Hoover Dam” high
… not giving PILES of money away for nothin’ … Cable trading for a PAMM / MAM
is gonna have to wait for PRIMEXBT, which they tell me will be ready sometime in
Q1 2020 … there, along with BTC & crude oil, I’ll be hosting a PAMM / MAM, and
the stock indices can kiss my ass … Cable stays anywhere near where it’s range
is at these last couple of days, and everybody is gonna need a bigger ship! … I
can’t tell you just how thrilled I am for this BREXIT shit to be over with, and for
Cable getting released from trading prison … add to that PRIMEXBT, and this is
BETTER THAN FLOOR TRADING!! … in all seriousness, IT IS! … all from the
hacienda in the Caribbean while I lounge in my gym shorts & tee shirt while
feeding the “Ice Cream King” some deli roast beef, and of course clicking
“buy/sell buttons”, where every day it’s 80° and easterly trade winds cool my
face … but sure, don’t get the TC, and whatever you do, stay in that dead end job
where it’s freezing … sure, makes sense to me!
So, as you can probably tell, I’m pretty stoked over Cable coming back into the
VIX fold … look for a lot more Cable coverage and commentary in the
weeks / months ahead … bottom line is this: “No longer am I held back by
brokerage house bullshit, where every second of every day it was a struggle to
keep vultures away from whatever account I was trading … Turnkey & Coinexx
simply the absolute worst IMHO … granted, it would be nice to have a DOW30
CFD to trade at PRIMEXBT, but like I said, what does it matter, when all that
matters is profits from trading anything that has proper conditions?
To be sure, this last week in Cable, has taken me back to those wonder years in
the GBPUSD futures trading pit … back then, Cable had 200 - 400 PIP ranges
almost every frickin’ day, and man-’O-man did it ever move … it was traded in 2.5
PIP increments, where a 1 lot = 62,500 Pounds, and it traded about 50,000
contracts a day among about two dozen local traders, about a dozen brokerage
house paper fillers, and about 5 arbs to the cash market back then a 2.5 PIP tick
market, and it cost me 89 cents to trade a 1 lot … today, I can trade GBPUSD in
any amount I want [up to 10,000,000 … good luck with that!], and it costs 2.6
cents per 1,000 … so trading 250,000, the spread today was 1.4 and it cost me
$6.50 … if I had traded a lower amount, the spread would have been even lower
[go back up and see the spreads table]. Back in the day, when you walked out of
the pit and went home via the train, you thought this would never end … that it
would be there forever, and that it was wonderous … little did anybody know it
could actually be BETTER, and with privacy & anonymity to boot cuz your profits
are paid to you in BTC, a currency IMHO that is only going to get a helluva lot
more valuable as the U.S. inflates the dollar away to PAR with the Venezuelan
Bolivar … sign up through my affiliate account, don’t sign up … it isn’t gonna
change my lifestyle so why should I care? … but if you’re gonna sit there and tell
me there’s a better place to trade, with better conditions, better margins, better
spreads, and better privacy & anonymity [via NO KYC & BTC] than PRIMEXBT,
than you’re delusional … sorry, you are, deal with it … you want to make money
or not? … or just pretend?
As we move to the Gotham P.M., GBPUSD quieting down significantly as Europe
closes for the day … am thinking the range has been safely put in, and reading
the tape it’s 143 PIPS … “if Cable had this range every day, the Cable Scalpers
Algorithm would make you a MILLIONAIRE within 5 years starting with only a few
thousand dollars”! … yea, do the math and keep leverage constant anywhere
above 15X, and hit Cable for 20 PIPS a day and see where it gets you? … OK, I
know you’re lazy so here it is: “You start with $3K in the account … you trade
50,000 GBPUSD … that’s about 16X leverage … you make 20 PIPS on average per
day, which if the range can stay above 100+, it should be doable … at the end of
5 years, how much is in the account? … Bueller? … Bueller? … OK, it’s
approximately $1.8 million dollars! … and if BTC goes bananas on the upside?
… Note: you cannot have a bigger house than me, here in the Caribbean, my dog
gets jealous.] … but way before that lump sum, your account hits an income
threshold, where the account is throwing off money faster than you can spend it
… so there’s that for the impatient!
So, don’t sit there and insult your intelligence [and by default mine] by telling
yourself any market matters … NO!, it doesn’t … what matters is “INTRADAY
VIX”, and after that following the appropriate Scalpers algorithm for profit
… quite frankly, I don’t care where you live or what your age is, but for you “20
somethings” out there reading this, I don’t know how you can go to sleep at night
knowing this is out there and you’re sitting there? … I don’t know how you can
do that … seriously, I’m not bullshitting one bit … but hey, it’s not my life, so
there’s that I guess.
The NYSE session is open for 6 ½ hours .. today we see about 6 minutes of that
having any worthwhile M1 range … the rest pure bullshit … another day of pure,
unadulterated, manipulation bullshit in the DOW30 … “quite frankly folks, they
won’t let it trade” … they just won’t, as there is no trading as it’s been historically
defined … it’s truly sad what the FED is doing to U.S. markets. “Maybe if the FED
prints another $500+ billion in “funny money”, and let’s the Wall Street banks
make more prearranged Treasury debt swaps, the SP500 can go to 3250, huh?
… hell, why not just print $30 trillion, and give every adult in the U.S. $1 million
dollars? … why not? … “Everything Would Be Awesome, Baby!”, and everybody
could retire and just watch their dumbass phones all day … your welcome”!
Given the high level of horseshit today, only one algorithm buy signal in the
DOW30 … FX CHOICE PAMM / MAM UP A HAIR SHY OF 0.2%.
Meanwhile, GO CABLE!! … “you go girl! … until tomorrow mi amigos
… Onward & Upward!!
Have a great day everybody!
-vegas
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