“So many dopes, so little time!”
The clock is ticking to the November elections, and now that “Creepy Uncle Joe”
has had his Libtard Loon VP picked for him, if you want to see the rapid
destruction of the U.S. as you know it, then go ahead and vote for the
“hair sniffer” … if elected, I’m not sure he lasts 1 month before he’s met with
“Arkancide”, or shuffled off to the old folks home to do jigsaw puzzles and eat
green jello … that leaves Wacko Loon Harris in charge, and hello Venezuela here
it comes, fast & VERY HARD! … I’ve said it a thousand times, but again I repeat,
“it’s better to be 10 years too early, than 1 day too late”! … and if it plays out,
most of you have no idea what they are gonna do to you and your family, not to
mention any wealth you thought you had accumulated … don’t say I never
warned you!
Looking at markets today, it would be better if the world shut down for the next 3
weeks, cuz the state of trading action, outside the utterly corrupt gold market, is
about as bad as I’ve ever seen it … with the new IVIX INDEX I created, it’s very
difficult to get a reading below 40 - 45 in anything FX … quite frankly with
everything closed and only that 7-11 open in the South Pacific somewhere ,
where you can get a dog & coke while having a teenager behind the counter fill
your FX order, you’d probably still get a reading of at least 50 - 55 … today so far,
sees both EUR & GBP scraping along in the upper 30’s … how “F-ing” sick is
that? … maybe some Wall Street money laundering later in the day sees FX pick
up some, but for right now as I write, I’m seriously wondering if anybody in
Europe gives a shit at all … welcome to August trading!
And so, closing the books out on this POS today in FX, it’s nothing but a tight
ranged “Flying Wedge of Death” [FWD] for the European session … The
“Chuckleheads” in Asia did a decent job for once in moving Euro, so we now
know the latest batch of checks into the house has cleared, and if it wasn’t for
them the day’s range would be embarrassing … we got a few minutes to NOON
EST, but it’s looking like the European session sees about a 30 PIP range for 8
hours … nothing like stepping into a bag of flaming dog poo with no shoes on,
and expecting no mess or harm to your feet … good grief what a disaster from
a trading perspective.
Gold, which I’ve started following again, is a total mess on the other side of the
probability curve, where this market is so far out on the edge of insanity, I’m not
sure it ever recovers either … my trading algorithm hasn’t been developed to
handle greater than 3 sigmas [3 standard deviations from the mean] from EITHER
END … total D.E.A.D. nor bat shit crazy on meth can work effectively … for every
1000 trading days [about 4 years worth], only 3 will fall into this category, and
Monday & Tuesday saw 2 in gold … the FX pairs, of course, are on the other side
but aren’t anywhere near as disastrous conditions as gold … granted, trading
action in Europe literally SUCKS, but it’s also August now, not a great time for FX
in general over the years and decades … so, all anyone can do is put up with the
bullshit and see it through.
I will add though, that when FX trading conditions get thin, the scumbag LP banks
will set the “slippage meter” on “triple Fuck you” MAX … with little order flow to
screw, and not much corporate or institutional interest that they can front run, they
get their money from retail via MOAR! slippage, and you have the distinct
possibility of getting fills that are outrageous and off the market … these people
truly are the SCUM OF THE EARTH.
And what I’m sure will shock my readers, the London FX Fix at 11 AM EST, sees
today’s “FIX” right at the lows of the European session … another amazing
coincidence, as pretty much all days see this “FIX” come at highs or lows of the
session … nothing to see here Sheeple, just free markets trading is all [cough,
bullshit, cough] … “yea, you corporate dopes got your “FIX” alright … right up
your ass each & every day … you’d think they would learn, but nope”!
No trades again today in the TURNKEY PAMM / MAM.
It’s pretty simple … IVIX INDEX BELOW 55 IN ANY FX PAIR AND YOU LEAVE IT
ALONE … not much chance of getting the IVIX INDEX over 100 in major dollar
pairs, but theoretically it’s possible … ideal range is 65 on the low end AND 85
on the high end … today sees the EUROPEAN session close with IVIX INDEX
readings of, 1) EURUSD = 54, and 2) GBPUSD = 56 … and the only reason they
both came in this high, was that in the last 45 minutes of trading after the London
“Fix”, there was some movement lower we didn’t see the entirety of the frickin’
day, and that shoved IVIX higher … otherwise they would have ended up in the
40’s!
It’s important to understand that being able minute to minute to see where IVIX
actually is, represented by an artificial index, is manifestly important simply cuz
it provides important information in real time in understanding how the market is
responding to scumbag banks efforts to move it up/down … is it good ,bad, or
ideal, I’d kinda like to know?! … and with it, I can “pull the plug” on unattractive
trading conditions that aren’t conducive to making money, and in the process
give the banks the middle finger … cuz if the IVIX INDEX is “good to go”, the
scumbag LP banks actually work for us!
And while I don’t get any kind of tingle up my legs sitting on my ass all day
watching PIPS drift, if that’s what I have to do, that’s what I do … cuz the
alternative is getting chopped up, and I have no intention of doing that … so
again, it is what it is today, and I simply come back to play in the sandbox
tomorrow and will look forward to taking the banks money! … outta here … until
then … Onward & Upward!!
-vegas
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