“Now what? … that moment when Saudi Arabia starts an oil war!”
Whatever you might think of Saudi Arabia deciding on Saturday to flood the world
with oil, after Vlad decided “Nyet”! to cutting production at the recent OPEC
meeting, the aftershocks of this deflationary earthquake are not going to be good
… look out below, cuz there will be blood!
Directly below, the “STOCK INDICES & FX VIX MATRIX TABLE” for the current
week.
click on ANY table or chart to enlarge
Directly below, the “STOCK, CRYPTO, & CRUDE OIL VIX MATRIX TABLE” for the
current week.
There is a wealth of valuable information in these tables, and I recommend you
spend some time studying the markets that you either trade or are interested in,
and it all ties in with my new e-book, “Trade For A Living!” [12 pages in PDF, so
not long at all, but a bare bones “what to do” to make a living from trading any
market!] which you can get for FREE by opening an account through any of my
affiliate links at Turnkey Forex, PRIMEXBT, & CRYPTO ROCKET … or trade
somewhere else, pay more, and send me $100 in BTC.
I want everyone to understand that I’m not just doing all of this statistical work
just for you … this is work I regularly do for myself anyway for my own trading,
even if I had no website or PAMM / MAM, or e-book, or any affiliate links to share
… quite frankly, it makes me sick to my stomach to see or hear of people
spending upwards of $50,000 to learn how to trade, and then finding out they
got ripped off … I’m a professional trader, and have been for a very long time,
and I share my experience & expertise for those serious about trading & wanting
to make money, and in the process get the brokerage houses to pay for it at NO
cost to anybody … nobody’s commissions change one penny from being an
affiliate, and you pay the same no matter if you’re an affiliate or not … so nobody
has to “pull out the plastic” unless they want to be stupid … Is trading SIMPLE?
… YES! … is trading EASY? … NO! … and what makes it difficult is YOU, and
either wanting to “tinker” with the algorithm or NOT following it … so, I share my
research with fellow traders/readers to make sure they have the “right”
information … I don’t charge for it [probably should] cuz I’m not cut from the
cloth of the hucksters that abound in this industry … it’s not altruism, simply cuz
“trading” is NOT a limited pie, where if I help you, I somehow hurt trading results
for myself … unlike others, I have ZERO to gain from you not being successful
… and there’s nothing to say you can’t take everything I write & publish and NOT
use one of my affiliates, and in the process gain everything while I get nothing
… if that’s what you want, then fine, do that!
Trading is a biz where “many are called, but few are chosen”, NOT cuz there is
some outside influence calling the shots or making decisions for you … nope
… few are chosen cuz of what’s “in your head, between your ears”! … “I can’t do
this cuz [go ahead list the reasons, I’ll wait]” … “oh, there was a losing trade
… this is bogus! [you somehow thought 100% would be winners? … in what
universe do you live? … if that were true, there would be NO MARKETS
ANYWHERE, cuz the Vampire Squid’s, JPM’s of the world would have all the
money]” … nothing has ever been easier for you to do or start, cuz you can start
with demo “play money”, see it work, and then transition to real whenever you
want … Ok, somebody tell me where the “con” is in this? … Bueller? … Bueller?
The markets I list in the “VIX MATRIX TABLES”, are markets that have the
potential to be ones where you can make a living trading … in reality, ANY
MARKET could be on this list, cuz you can always up leverage and trade size
and make even the dullest market supremely interesting … but why make it
harder on yourself? Since the coronavirus has hit the world, EURUSD & USDJPY
have “come alive”, and their respective daily ranges have gained, and these 2
most heavily traded pairs have seen a big jump in volumes … does that mean
you could make a living trading these 2? … yes, but the real question is will the
ranges “stay where they’re at now”, or go back down when the virus pandemic
fades? … dunno … but the markets I do list are either bat shit crazy or
consistently stable with ranges, and therefore they are good candidates to trade
or follow … OR, pick another of your choosing while understanding I’m not
gonna do every market on the MT4.
Directly below, the charts of the 20 Day Range MA’s by industry grouping & then
individual markets within that group for easy identification, for the current week.
STOCK INDICES
DAX30 & NDX100 … DAY & INTRADAY
I’ve added the DAX30 “intraday” 20 Day Range MA, which is from 9:30 - 18:30
server time. As you can see, ranges and IVIX have exploded.
CAC40 [FRA40], AUSSIE200 [200AUD], & FTSE100 [100GBP]
IBEX35 [ESP 35] & EUROSTOXX50 [EUSTX50]
I’m adding these 5 indices [2 charts directly above] to the list, rounding out pretty
much every stock index that’s tradeable from around the world.
DOW30
SP500
All of the U.S. Indices, the DOW30, NDX100, & SP500 are “untradeable” at the
moment, IMHO … if you like winning or losing thousands of dollars per second
on relatively small volumes, then have at it … I don’t think you’re gonna like what
happens next when you get your fills.
HANG SENG 50 & NIKKEI 225
Please note, the data here is from “INTRADAY” hours, meaning over in the home
country … while the daily figures are great for comparison, nobody is gonna stay
awake 24/5 the whole week to trade these, so outside of world events that can
impact these indices [like now with the coronavirus] in U.S. trading hours, most
moves will come during their respective business day.
PRECIOUS METALS
GOLD [XAUUSD]
This last week has seen gold go into the “stupid zone” with regards trading
conditions … panic FOMO [Fear Of Missing Out] by specs on the long side, and
the “Rally Protection Team” [RPT] via Manipulation HQ on the sell side dumping
price in microseconds … be very careful about U.S. trading session opening, cuz
it’s a favorite time to “bang the market” lower via the “fat finger”.
SILVER [XAGUSD]
Simply looking at silver, you wouldn’t even know gold has gone bat shit crazy
… some real price suppression at work here by the usual suspects.
FX [GBPUSD, & SELECTED CABLE CROSSES]
GBPUSD & EURGBP
Note the relative higher expansion of the range by EURGBP, as EURUSD has
started to gain some traction with much weaker yields on treasuries, and a
weaker dollar in general.
GBPCHF, GBPAUD, GBPCAD
The biggest pick up from GBPCHF, as the Swiss Franc has seen “safe haven”
flows, despite the SNB threatening intervention … however, both of the other 2
are consistently good as well.
Starting next Sunday with the blog update, I’ll be posting the Turnkey
PAMM / MAM results … I’ve waited, simply to get more data points, and the
upcoming week will give me that.
When markets open tonight, we’re likely to see some bat shit crazy VIX, and until
China opens some eye watering bid/offer spreads, with who knows where oil will
open and how much that debacle plays out over the ensuing week … right now
I’m focusing on gold [XAUUSD], DAX30, & FTSE100, simply cuz they give me the
best reward / risk ratio accordingly in conjunction with the trading algorithm
from “Trade For A Living!” … this is gonna be an interesting week to say the
least … until tomorrow mi amigos … Onward & Upward!!
Have a great rest of your weekend everybody!
-vegas
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