DID YOU ENJOY THE CIRCUS SHOW?

 

“Even Homer can’t watch Biden without the requisite facepalm!”

What a shitshow … so says CNN, the most trusted source of “fake news” on the

planet … EXIT QUESTION: “How do you know for sure Biden got his ass handed

to him last night by President Trump? … EASY PEEZEE: CNN analyst [and

political hack] Dana Bash called the debate a “shitshow” on live air, which only

means Biden lost badly and so “project & deflect” like a true political hack and

trash the debate ... I’ve seen corpses that look better than Biden”!

Meanwhile, the other “shitshow circus” are today’s markets, headed up by the

DAX30, which goes nowhere during the entire European session, but

nevertheless has IVIX INDEX levels of between 160 - 200+ the entire day

… meaning endless spikes from hell going nowhere … a few algorithm trade

signals, but they got run through at the speed of light … my frustration level with

this crap is higher than the IVIX INDEX levels … meanwhile, over in “The Widow

Maker” [GBPUSD], it’s end of the month & end of Q3, which means “rebalancing”

and watch the hell out for major “scumbaggery” … quiet most of the day with a

pitiful range of about 67 PIPS, it explodes higher into the last hour of trading into

the London Fix, where the scumbag banks rip institutional orders to shreds, and

rally Cable about 90 PIPS straight in under an hour … “if you like shitshows, this

one you’re gonna love, as the “scumbaggery” in here for the quarterly balancing

of dollar flows was a sight to behold”! … nice job banks, and what can be only

called “coincidence” [again], Cable is sitting a few PIPS off the high of the day,

right at the 11 AM EST “London Fix” … “oh, they got “fixed” alright”!

I had planned on trading Cable today, but decided to let the DAX30 give me its

best shot … well, that fizzled inside of a European day that saw nothing but spikes

from hell, hyper chaotic IVIX INDEX levels, and a range that was dog poo inside

the “Flying Wedge of Death” [FWD} … with the monthly / quarterly dollar

balancing, I decided to wait ‘till tomorrow to go back over to Cable, as many times

this day can be “wicked bad” … remember, they don’t call it “The Widow Maker”

for nothin’.

The countdown to the “line in the sand” will be starting tomorrow for Cable, as

Bojo’s date for a “deal” with the E.U. is only a matter of 14 days away … this will

be interesting … and for Cable, it’s likely to not be orderly when news comes

… the trading algorithm has been “spot on” with Cable, so I’m expecting some

great signals and trades … we’ll see what happens, but more than anything Cable

has been showing consistent and stable “ideal” IVIX INDEX levels, and that is an

important barometer for profits … bring on October!

No trades today in the TURNKEY PAMM / MAM.

The DAX30 today severely FUBAR, with insane IVIX INDEX levels, no range to

speak of, and spikes from hell littered all over the place that went nowhere fast

… Cable had monthly AND quarterly rebalancing dollar flows, so that was its

major issue, and it didn’t help that literally EVERYTHING happened in the last 45

minutes of trading … no worries, though, as October looks to be a “make or

break” month for Cable … and we’re gonna be there to profit from it!

Outta here early today … until tomorrow … Onward & Upward!! 

-vegas

CRIMINAL BANKS ARE RUINING TRADING

 

“Trapped inside scumbag banks computer trading algorithms!”

It’s not just the precious metals division over at JP Morgan [JPM] that’s

“criminal” … “scumbaggery” in “Stock Bellies” makes metals look like lunch

money… when a fish rots, is it just the tail, or does the head rot as well?

… asking for a friend … the link today over on ZH directly below.

https://www.zerohedge.com/markets/how-jpms-precious-metals-trading-desk-

manipulated-markets-crime-ring-within-bank

One of the government’s “flipped” JPM witnesses, told prosecutors he didn't

think anything was wrong with what the bank was doing cuz “everybody does

it” … JPM fined $1 Billion dollars, but management walks totally free … what a

frickin’ joke … and what about all the people over a decade that got screwed by

JPM, what do they get? … and here’s a news flash … check FX & stock indices

for an even bigger scam of manipulation than gold ever thought of seeing … “but

don’t look too close, cuz the POLS & Apparatchiks aren’t gonna like to see that

illegal & corrupt cash stop anytime soon”.

Of course, unless the FEDS got somebody on the “inside”, they’ll never catch the

front running by the offshore illegal prop accounts set up to skim large orders in

FX, cuz make no mistake it’s FX that pays for EVERYTHING UNDER THE TABLE

… you’re not gonna get exchange traded “ID’s” that tripped up the dopes over in

gold futures, and was used to identify JPM gold traders manipulating gold futures

OVER 50,000 TIMES … instead, it’s “spot” and done outside the U.S. with other

banks & brokers that have no ties whatsoever with the U.S. … regulators can go

pound sand getting any info on this, and the bank knows that only too well … but

so do the POLS & Apparatchiks, and others, who get part of the world’s largest

“skim” operation … and that’s why nothing will ever change, cuz nobody in power

wants it to … B. I. Itch all you want, it isn’t gonna change anything.

Why should today be any different? … MOAR! POLS & Apparatchiks moving

markets, the latest iteration by some FED PIE HOLE around 10:30 AM EST today,

which saw rapid reversal moves kill both longs and shorts within 2 minutes, with

the only people smiling the criminal banks … and it’s all planned and coordinated

by central bank manipulators, designed to kill specs and enrich scumbag LP

banks … this is what we are up against each and every day I turn the machine on

… it’s not enough to “know markets”, your trading model / method / algorithm

better have some way of dealing with the manipulative banks, or you’re toast!

… and the DAX30 a thing of beauty today, with MOAR! spikes from hell than

grains of sand on a beach … of course, when the spikes are finished and done,

and the damage inflicted, price goes into a coma and can’t move 5 index points in

20 minutes … speed of lights, crickets … welcome to the “loser formation”.

So, the questions that need to be asked of these POLS & Apparatchiks at

pressers won’t be asked … cuz if they were, it would be YOUR last presser and

you’d be lucky to get a job as a “greeter” at WalMart … and the ponzi scam

continues unabated, until the next time in 3 … 2 … 1… and then all hell breaks

loose … thanks FED.

I don’t even know how to categorize this bag of stinking dog poo a/k/a the DAX30

today … very tiny range so far, given the 20 Day Range MA, all inside the

infamous “Flying Wedge of Death” [FWD] with nothing but spikes then crickets,

rinse & repeat … what a frickin’ joke. Meanwhile, over in “The Widow Maker”

[Cable], a very slow day with a day’s range [so far] equal to about 50% of the 20

Day Range MA … and if it wasn’t for the FED PIE HOLE BS floated around

10:30 AM EST, the range would have been about 15% worse at 60 PIPS … “but

hey, buy stops gotta get run if they’re up there, so why not”? … given the

paradigm FX finds itself in, I have no clue how anybody in their right mind

“position trades” anything in FX … all you’re asking for is a “stop beating” of one

kind or another … and guess what? … it’s been like this forever in FX, with only

rare occasions of a market trending, and it’s the biggest reason there is to not

position it, but trade it … “trade it, don’t date it”!

One algorithm trade signal today in the DAX30 … TURNKEY PAMM / MAM UP

SLIGHTLY.

MOAR! algorithm signals blown through today, although one did hold up and I

got a trade off … not much too it, but something is better than nothing

… actually, Cable traded better today with a stinky range than the DAX30

… going forward, look for more Cable trades … make no mistake, heightened

IVIX INDEX levels above 150 [Sunday blog updates], and triple especially above

200+, present real logistical problems for the trading algorithm … these levels

represent very chaotic conditions with vicious & very fast price changes both

up & down … and that raises the specter of slippage & terrible fills, not to

mention what happens when any of these indices [or FX] go ripping against your

profit direction … get on the wrong side of this “yo-yo” and it will hurt … and

don’t forget, there ARE NO RULES ANYMORE in trading … anything you trade

can go anywhere up / down it wants … don’t sit there and think, “well it can’t

possibly do this”? … wanna make a bet?

I said a little while ago my problems with USDJPY, and it’s the main reason I

would rather trade Cable “straight up” versus the dollar, than trading GBPJPY

… I thought maybe a new PM would see more VIX in Yen, but it never came

… the BOJ is still the master, and they have no intention of letting go their

manipulations … and what that means for GBPJPY, is that when stops are run

or news hits, the viciousness of the move in GBPJPY is greater, and the slippage

is far worse … conditions are usually OK, but it’s the Yen that makes me stay

away from the pair … Cable continues to trade well, and IVIX INDEX levels today

ranged between 68 - 118 … these readings fall under “ideal” for trading, meaning

there shouldn’t be any problems getting trades on / off … now, if we can only get

some kind of decent range without Apparatchik “theatrics”, and folks funding

the mistress funds give it a rest [I can dream can’t I?], this market will be ideal

… and that’s a far cry from the pure BS happening daily in the “Stock Bellies”

… “what’s the point of huge ranges and big moves if you can’t capture them”?

Tonight sees the first “debate” in the U.S. … comedy never looked so good

… grab the popcorn, and let’s see how markets react to this “shitshow circus”

… until tomorrow … Onward & Upward!! 

-vegas

TRADING IN MASS HYSTERIA

 

“Q: which “STOCK BELLIES” market is he trading? … A: any of ‘em!”

It’s Monday! ... time for the casino to reopen, where wives can safely drop their

husbands in front of a computer and have financial markets “babysit” them for

the entire day! … why, what would the world do without the financial casino &

infinite central bank QE? … time for another installment of 100% pure, bogus

manipulation by central banks, executed by their BFF the scumbag LP banks

… and as always, POLS & Apparatchiks are all over the wires creating havoc &

panic and funding the mistress funds … “SNAFU baby”!

I’ve been trading the DAX30 since it came onto the electronic seen about 20 years

ago … even during “GREXIT”, which was in 2014 - 2015, I don’t remember it being

in the least as bat shit crazy as it is now … the 20 Day Range MA is as high as I’ve

ever seen it [excluding this March’s Pandemic crisis], almost at 300 index points

per day on average, and here lately the IVIX INDEX levels are climbing off the

charts as well into “nutso” land joining the NDX100 … quite frankly, the casino is

out of control, where it’s straight up or straight down, speed of light or crickets

… and the mass hysteria seen daily seems to only be getting worse as literally

ZERO makes any sense anymore when it comes to analyzing anything in the

“Stock Bellies” universe … why should today be any different?

Oh, I get the fact that world central banks are flooding the world with QE, and that

money is ending up in stock trading … Wall Street gets fed but “main street” gets

the shaft, as people are hurting everywhere but the global elitists could care less

… all that matters is that indices go higher … this is just nuts.

One algorithm trade today in the DAX30 … TURNKEY PAMM / MAM UP SLIGHTLY.

I had at least 6 other algorithm signals that got “run” before the sun came up … I

stopped counting at 6 cuz it was depressing me … and with elevated “nutso” IVIX

INDEX levels, that’s the risk we run when any market gets totally FUBAR … and

then it dies … so if you get caught in the hysteria and happen to lose, good luck

getting it back when “chop mode” sets in … and “chop mode” came today right at

the start of NYSE trading, and it’s been a clusterfark “Flying Wedge of Death”

[FWD] ever since … spikes from hell, up & down, all over the place but going

nowhere, as scumbag bank trading desks front run the orders for their prop

accounts at customer expense.

Meanwhile over in “The Widow Maker” [a/k/a GBPUSD or simply “Cable”], the

POLS & Apparatchiks in the E.U. and/or Britain just can’t STFU & keep their PIE

HOLES shut … nope, gotta feed the mistress funds, and today sees Cable with an

almost 200 PIP range, as shorts get blown out on BREXIT hopium & comments

from a BOE PIE HOLE that NIRP isn’t in the cards … “write that down, I’m sure it

will age well when they come within the next 6 - 12 months” … and of course Bojo

is running Britain into the ground with idiotic pandemic response, where the

government changes their mind every 5 minutes and then institutes something

even more stupid … everyday a new crisis!

But despite all of that noise, Cable is trading well … has had stable & very good

IVIX INDEX levels for a while now, and if the DAX30 gets any more FUBAR, I won’t

hesitate to switch back over and trade Cable again [no GBPJPY as the YEN is too

“quirky” and manipulative] … and, we’re in the “home stretch” of the BREXIT

nightmare, where supposedly in the next 17 days it’s “fish or cut bait” for both

sides … what’s hilarious is that each side thinks the other will cave … quite frankly,

this entire mess could have been handled better by a basket of retarded kittens on

meth … but strictly from a trading perspective, it’s giving us everything anybody

could want without being crazy 99% of the time like “Stock Bellies”, so what’s not

to like here? … I almost pulled the trigger earlier today, but was approaching a buy

signal in the DAX30 so I held back … natch, the DAX30 blew through my entry

point so fast I never had a chance to buy it, and of course looking back at the

Cable signal, it behaved and would have been a nice winner … next time I’ll simply

take the Cable signal.

And I thought today was going to be the dull day for the week … WELP!, not so

much, cuz the calendar is packed going forward from today … and the BREXIT

clock is ticking down to October 15, BoJo’s “line in the sand” for a deal with the

E.U. … this is gonna get interesting … more importantly, if things can remain

“sane” it will be profitable … we’ll see about that, cuz if it can the trading algorithm

is pretty much invincible! 

… until tomorrow … Onward & Upward!!

-vegas