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Sunday, April 19, 2020

SUNDAY UPDATE: A CASE OF THE “SADS”

“Scumbag LP banks have brought about their own “sad” … no sympathy here !”

Well, across the entire MT4 market space, volumes & liquidity are falling, and in
some cases collapsing … none more so, than XAUUSD [LBMA spot gold],
XAGUSD [LBMA spot silver], and in all of the U.S. “stock bellies”, a/k/a the stock
indices … and they have the “sadz” cuz they need more revenue to make up for
the losses suffered in the last 2 months, where once every generation the
“customers” win and the banks lose … and so, instead of being competitive and
raising revenue through honest dealing, they blow bid/offer spreads out to
ridiculous levels and expect you to trade and hand them “free money”
… fuck that! 

With derivatives exposure collectively approaching, or even exceeding, $1
QUADRILLION DOLLARS [nobody really knows for sure], you don’t need to be a
rocket scientist to understand why since last October the morons at the FED
have been working overtime on the CNTRL-P machine, and bailing out every
large hedge fund on the planet that’s in trouble from “wrong way” bets
… doesn’t matter the market, or the country, cuz if the system fails, the whole
“shitshow circus” Ponzi scheme of “private gains and public losses” comes
collapsing down very quickly, and they don’t wanna be the ones in charge when
that happens … it might ruin a post government “consulting” career for 7 digits,
and quite frankly that’s all that matters.

Bid/offer spreads have been slow to come back to “normal” … FX is mostly there,
excluding gold & silver, and some of the stock indices are almost there
… interestingly, the DAX30 is now within an index point of being “normal”, and
given the above average ranges still seen, it makes that market attractive again
for trading … the others still lagging, with U.S. indices still too expensive for my
blood, cuz while I don’t mind “fair” increases in bid/offer spreads, I don’t wanna
be handing out “Benji’s” to scumbag banks for no reason … right now at
Turnkey, where our PAMM / MAM is traded, from last mid-week the DAX30 has
“come back” and can be traded, and going forward as long as they keep it “fair”
and don’t do “stupid shit” like blowing the spread out again, I’ll be looking to trade
the DAX30 on algorithm signals … the only other index worth trading is the
H33HKD [Hong Kong], where new LP’s see a spread of 2 - 3 index points during
Hong Kong hours … it’s new, and I’ve seen this kind of thing from Turnkey before,
so only time will tell if the LP’s keep conditions like this or if they get greedy and
blow it out someday in the near future … quite frankly, I don’t trust them so we’ll
see.

Directly below, the current week’s “FX VIX MATRIX TABLE”, followed by groupings
of the 20 Range MA’s.

click on ANY table or chart to enlarge

As you’ll notice from the table, I’ve added EURUSD, and next week will see
USDCAD added.

FX
GBPUSD, EURGBP, USDJPY, & EURUSD


AUDUSD, AUDJPY, & GBPNZD


GBPCHF, GBPAUD, & GBPCAD


PRECIOUS METALS
XAUUSD


XAGUSD


If you want to see a “dead market walking”, look no further than this complex.
Both of these markets totally ruined by scumbag LP bank greed, and their desire
for you to pay the freight of their paper losses over the last 2 months … a
complete scam, with bid/offer spreads blown out so far, you’d have to be an idiot
to hand over to these asshats the money involved in simply covering the spread.

Directly below, the current week’s “STOCK INDICES VIX MATRIX TABLE”, followed
by groupings of the 20 Range MA’s.


STOCK INDICES
DOW30


SP500


DAX30 & NDX100


IBEX35 & ESTOX50


AUD200, CAC40, & FTSE100


H33HKD & NIKKEI 225


Onto the week at hand … until tomorrow mi amigos … Onward & Upward!!

Have a great rest of your weekend everybody!

-vegas















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