“This is the dope running the world’s financial system … God help us all!”
I don’t care what it is you trade … it all starts on the new day at 5:01 PM EST,
when the world’s financial markets clocks are reset for the new day, and we enter
the “forbidden zone” of the “wee hours” until first Japan opens and then China,
3 to 4 hours later respectively … and it all starts with the “risk on or risk off”
bullshit of USDJPY … and from there the marching orders are taken by markets
and shit starts to move and then when things get messy [like now], ALL EYES
turn to “Peter Pan Kuroda” & crew at the BOJ [Bank of Japan] to see what’s
happening in USDJPY.
When the world is relatively calm, traders only pay passing attention to USDJPY,
looking at major support / resistance levels on the weekly charts as a rough
guide, confident that Kuroda & crew won’t let the Yen get messy for no reason,
and then go back to their regular trading market(s) without worry. But when SHTF
and splatters everywhere in “bigly & yuge” chunks, in a nanosecond eyes turn to
the “safe haven” flows of USDJPY.
As a result of the current central bank shitstorm of the coronavirus “Black Swan”,
VIX & IVIX in USDJPY has exploded … as I said yesterday, 3 weeks ago USDJPY
was lucky to move 50 PIPS in an entire day … the last couple of weeks, and that
type of range is taken out and shot in the head in the very first hour, never mind
the rest of the day … yesterday sees a range of 390 PIPS and the day before that
340 PIPS … panic, panic everywhere! … and as a result, whatever it is you’re
trading, it’s taking its cues from USDJPY … some hours tick for tick, and other
hours just generally correlating, and if you’re wondering what caused that latest
spike in the market you’re trading, look no farther than the dipshits running
USDJPY, and that means “Peter Pan Kuroda” and the manipulation machine of
the BOJ … all the while of course with the tacit permission & approval of Spicoli
and other faculty lounge Twits at the FED … welcome to the “shitshow circus”
of modern day trading finance … if there is a more corrupt group of elitists, I
certainly don’t know where they are hiding.
And speaking of VIX & IVIX, navigating the U.S. stock indices is a nightmare
… you had better sell on the way up or buy on the way down, right at the turn,
cuz if you don’t the gaps in price as the indices “mystery tick” to the next
vapors level, will see you with a fill that will have you screaming, and not in a
good way … and make no mistake, we are in an environment where they will
most certainly NOT do you any favors on fills, and if your “late” and sell on the
way down, or buy on the way up, get out that big bottle of aloe and get ready to
apply liberally to the burn area … I understand the desire to wait a second to see
if it can go higher, but that’s not good enough … you have to mentally anticipate
the spike, and when you get it, at the very first hint it slows down, you got to hit
the button, and then not give a shit what happens next … simply go and wait for
the next algorithm setup … anything different and you’re not gonna be happy
with performance. “Bulls make money, bears make money, but pigs get
slaughtered”.
The speed at which indices are moving tells you as plain as anything, the panic
level we find ourselves in at the moment … just in the FTSE100, the last 10 days
or so has taken out almost 7 YEARS OF GAINS IN THE INDEX … as Sven Henrich
points out today on ZH, in the U.S. indices, the last 2 weeks has taken out the
entire year of 2019 … and what this means, is that there is “bigly & yuge” stock
supply over the market from those who haven’t panicked yet … “those who
panic first, get to panic again later, while those that “stay the course” get to
panic at the eventual bottom” … and a sizeable number of them will be looking to
sell rallies at the slightest hint of resistance … Bottom line: “don’t be somebody
else’s “buy fuel” when you sell … understand you have to be a hair early to get
the best fill getting out, and then move on”.
When we start to see USDJPY getting messed up, and understand that USDJPY is
at a minimum 10X - 20X larger than stocks & futures, you know panic has set in
… markets are not created equal, and just imagine if the BOJ walked away and let
shit happen without manipulation every fucking 2 minutes? … these “money
flows” into and out of FX are larger than stocks, larger than governments ability
to control them, except over the very short term, and all they’re really trying to do
is set the markets “tone”, and hope they can change momentum or at least slow
it down … as the BOJ has shown over 30+ years, they aren’t effective at doing
shit, and if they were in the private sector they’d of been fired years ago … has
the BOJ, which now owns approximately 80% of ALL ETF’S & ETN’S on the Tokyo
Stock Exchange, done anything to raise the Nikkei 225 index over the last 20+
years for their trillions of Yen spent on trying to support stocks? … and what’s
the definition of a “moron”? … those that keep doing the same “Hoover Dam”
thing over & over, and then expecting a different result … add the FED to this list.
All of this stems from the mistaken belief, hatched during the 2008 crisis and
running up to a few weeks ago, that the business cycle could be eliminated by
the “smartest people in the room”, the central bankers … and lo & behold, MMT
[Modern Monetary Theory] was born from the faculty lounge … “right, you’re
tellin’ me you’re gonna eliminate human psychology, and the “fear” part of the
“fear & greed” cycle, and that leaves “greed” to run rampant forever”? … well,
what can’t be sustained won’t be, and looky here Ma, the Stalinist planners seem
to have fucked up, now haven’t they? … and given the current state of affairs,
and their penchant for fighting the last war, I’m thinkin’ we got a lot farther to go
before markets are anywhere near a “clearing” … we haven’t seen anywhere
near a liquidation, sell-at-any-price, take bubble assets down more than 30%+,
and the final kicker, “every last idiot perma bull on CNBC tell you the world is
ending and “sell, Mortimer, SELL!!”, and they are in tears” … and that’s the
bottom!
Turning on the machines this early AM, it seems “calm”, but 3 weeks ago
movements from early today would have been classified as “bat shit crazy”
… amazing … nonetheless, looking at bid/offer spreads this morning, WTF is the
problemo with the DAX30? … that market is a mess spreads wise, and best left
alone until the scumbag LP banks get their shit together … the FTSE100 is
slightly higher for no reason, but when you realize that the FTSE100 & the
NDX100 have the same spread [or very close], why trade the FTSE100?
… USDJPY is only fractions of a PIP higher, and given the moves & the ranges
as of late, fractions of a PIP don’t mean “Mr. Jack Squat” in the profit equation,
so that market even though it’s a little crazy right now, has maintained its
structure and integrity and is acting as well as can be expected … however, be
warned the BOJ lurks in the shadows all of the time, and looks for opportunities
to “spike” the shit out of USDJPY higher, especially when the market looks like
it could be correcting higher … “well now, being the friendly folks they are over
there, they’re gonna help you get out at a higher price than you wanted with
your short positions … thank you, come again soon”! … please remember
RULE#1 for manipulators: “they aren’t there for profit … they are there to fuck
you and make you lose money from your “trend” trades, hoping if they inflict
enough pain on enough retail specs, you’ll give it up, and that ultimately puts
less pressure on them to intervene or “jawbone” the market”. … so, use what I
offer you FOR FREE [if you’re smart], learn to trade, and let these assclowns
work for you!
And just for the uninitiated, do you think somehow the BOJ doesn’t look at
charts? … you think they don’t know how to run your stop, right to the PIP, and
“magically” force you out before resuming the trend? … you think they don’t
talk to big scumbag banks, so that they know where order flow is? … you think
they are unfamiliar with MACD, RSI, and a bunch of other “goop”, so they can
set off “false positives” on trade signals? … I show you in “Trade For A Living!”
what is the crucial indicator … what “big money” looks at and relies upon for
trade decisions … I show you in ‘REAL TIME”, my proprietary indicator that
allows you to accurately gauge potential short term market tops & bottoms
… and from this, you’ll be consistently profitable, no matter what the dipshits at
the FED or BOJ say or do … I intentionally set up my affiliates, so that you can
enjoy the very best trading conditions AT THE LOWEST TOTAL COST, get the
trading algorithm FOR FREE AND THEN HAVE SOMEBODY ELSE PAY FOR IT!
… who pays the freight? … the offshore brokerage house & scumbag LP bank
pays the freight, by giving me a “rebate” on commissions anybody pays to trade
… you pay the same commissions no matter what, whether you’re an affiliate or
not, but it allows me to offer the algorithm to you FOR FREE … quite frankly, I
don’t want or need your money, so keep the plastic in your wallet and wake the
fuck up and smell the coffee … your money is best left in your trading account,
not in my bank account … and for the record, there is no altruism here, just a
“karma” thing cuz of what my mentor did for me so long ago, and his only wish
to see others benefit, and more importantly the fact that I have literally ZERO to
gain if I’m full of shit … “look Skippy, I only gain if you 1) become an affiliate,
2) get the e-book and use the algorithm, and 3) make successful trades and
create consistent commission rebates … and all of this means you’re making
money, which means I get checks from brokerage houses … which means you
paid “NADA, ZIP, ZILCH, ZERO” to learn how to trade … somebody tell me or
email me, who doesn’t want this type of setup? … I rest my frickin’ case here!
Looking over the FX landscape today, I’m seeing fantastic algorithm signals in
many FX pairs of interest … e.g., AUDJPY, the “classic” “risk on / risk off” trading
pair … earlier today, check them out if you have the e-book and the algo on your
MT4 platform, 2 great buy signals right off the bottoming correction higher, and
then within minutes banging the cash register for profit … if you’re a small trader,
like to have no KYC when opening an account, want the convenience &
anonymity of a Bitcoin [BTC] account, PRIMEXBT is a perfect choice … larger
traders will have very slightly better conditions at TURNKEY FOREX, and your
balance is held in dollars, although deposits / withdrawals are done via crypto
… either way you win!
After what we’re seeing in markets now, with the “black swans” of the coronavirus
& crude oil “Thelma & Louise”, there’s a very distinct high probability we’ve seen
the historic low VIX readings in FX turn, and it’s time to see many years of much
higher volatility in this space … much higher. We’ve already seen it in USDJPY,
but the other majors are picking up as well … and while the “88/6/6” paradigm in
U.S. stock indices will more than likely hold, it only measures time, and NOT the
severity of any declines versus moves higher … we very well could be looking at
stagnant stock indices for longer than anyone has a clue, and the “trading action”
shifts back to FX … I think given what we’ve seen, there’s a good chance I’m right
on this, and that will spell difficult times ahead for the blind BTFD’ers at all costs
cuz the indices just have to go higher … “errr, no it doesn’t”!
One good algorithm buy signal today in the NDX100 … TURNKEY PAMM / MAM UP
0.1%.
Like I said earlier, what sense does it make to trade the slower FTSE100 versus the
NDX100, when the costs to trade either is about the same? … right, you choose
the one that can move more, without being completely bat shit crazy like the
DOW30, which has gone insane with its intraday movements the last 2 weeks,
and is basically untradeable in its present form. Meanwhile, there is fast
becoming a “sea change” in sentiment regarding the stock indices, as they
aren’t rallying like they used to when nothing is going on and the default trade of
being long isn't working … and the market just erodes gains like sandpaper on
wood … slowly, slowly it drifts lower, and it sets up for some explosive moves
against people who haven’t been trading very long, cuz they will get crushed and
not know why … the “why” is, sentiment has changed for now, and it isn't BTFD,
it’s STFR … Outta here … until tomorrow mi amigos … Onward & Upward!!
Have a great day everybody!
-vegas
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