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Friday, October 23, 2020

OMG! TRADING, PART DEUX

 

“Teach ‘em young … nothing but the best for you baby!”

Prom night at Denny’s … nothin’ says this is gonna be a good night better than

that … somethin’ you’ll always remember, but I'm just guessin’ here, she will

remember it more! … fast forward to adulthood and you find yourself trading on

the MT4 or MT5, and it doesn’t really matter which POS FX pair, or “Stock

Bellies” manipulation your involved in, cuz the last time you had this feeling in

the pit of your stomach was on that Prom night in your best dress sittin’ at a

Denny’s getting “looks” from truck drivers … ahh yes, good times!


Quite frankly, nothing on earth says “piece of shit” better than what the criminals

at manipulation HQ are doing to traditional markets … “the ChiComs RUN

EVERYTHING [just ask Hidin’ Biden!], and while occasionally they let a market

do something, like move, more often than not it’s a “circus shitshow” of “chop

chop” set off some bells & whistles for the spec crowd to get them long / short,

and then fade the entire process … no warning, blink your eyes and it’s against

you running like a freight train down the mountain and you’re standing on the

tracks … and if you get caught in this manipulative bullshit, you’re toast for the

day cuz there isn’t enough movement between M1’s or M5’s to make up for the

loss … and there’s the “rub” … except, wait for it … wait … there’s Bitcoin, and

now you’re talkin’ about the ONLY free market left on the idiotic planet

… everything else is manipulated, and you might as well be in a casino playing

keno … sure, you can make the exception for gold, IF the spread is decent, but

gold is still being suppressed by the “Rally Protection Team” [RPT] at the FED,

and there’s the BIS [Bank for International Settlements] that helps

“Thelma & Louise” gold along with manipulation HQ.


Fact is, outside of when gold moves [not today that's for sure], the only market

that trades like it’s New Year’s EVE 1999, is BTCUSD … pooh poo it if you want,

makes no diff to me, you’re simply an idiot for not knowing what a “free” market

looks like, trades like, without some Dimweed from government deciding where

it’s supposed to go … take all the POLS & Apparatchiks in the world, and let ‘em

talk on TV all they want, it isn’t gonna move BTC … more importantly though, the

CNTRL-P machine don’t mean shit in BTC, cuz in order to sell it, you have to buy

it first … and just like in the old days, this market is pure “fear & greed” with

millions trading it worldwide 24/7/365, cuz it’s never closed … get the right

conditions, and it’s an ATM!


No trades today in the TURNKEY PAMM / MAM.


Gold doing NADA today on the upside … got some sell signals from the algo,

but I’m not interested in being short gold … got zero buy signals … bid/offer

spread decent to reasonable most of the day, 20 - 35 cents per oz. most of the

time … looks like the HFT’s have returned to the market undercutting the

slimeballs from the LBMA … quite frankly, both FX [Cable] & “Stock Bellies”

[DAX30] are trading “terrible” … no volumes, less liquidity, sickly &

inconsistent ranges most days, and manipulated beyond belief making them

“chopfest” machines that will bleed you dry a nickel at a time … and so, as

long as gold behaves with the spread, and under the right algorithm conditions,

when I get the algo signal to buy, I’ll trade XAUUSD … everything else can take

a hike!


Then there’s BTCUSD, where today sees a decent & nice, wholly tradeable,

approximate $470 range for the day with about a dozen to 15 buy signals from

the 10 hour European open to about 1 PM EST … I’d trade it for the PAMM / MAM

at Turnkey, if the dopes there had enough brains to list it … sadly, they don’t

… “but sure, stick with the sickly pairs [all of ‘em!] where the scumbag LP bank

bleeds you dry half a PIP at a time, then out of the blue explodes it 20 - 40+ PIPS

in a microsecond … then it’s back to sleep for another 10 days ‘till next time

… quite frankly, I’ve had enough of that bullshit, where it’s non-stop feed the

mistress funds from the usual suspects … take a piece of string and measure

1 inch for every $1 that BTC moved up or down today, and the string would run

from New York to L.A. … good moves, great signals, even better conditions

drawing more & more people away from the bullshit the manipulators offer, and

it’s no wonder traditional markets are seeing dramatic declines in futures

volumes & open interest … if you’re a trader, and you’re NOT trading BTCUSD,

then you’re a DOPE … sorry, nothing personal, but you’re simply a trading dope

… the cash & derivatives markets spread around the world and growing

exponentially by leaps & bounds, absolutely DWARF the volumes & open interest

the thieves over at the CME in Murder, Illinois are trading … futures don’t mean

shit in BTC … it’s like a flea on the ass of an elephant … and it’s all cuz it’s a

“FREE MARKET” without government interference & favoritism for criminal

outfits like JPM, Squid, and the rest of the virus scum the control traditional

markets … and once you’re there, you won’t go back to shit like Cable, or the

SP500, or anything else … let the virus scum LP banks eat themselves up”!


I’m posting near the NYSE close today, cuz I wanted to see how bad the entire

Friday afternoon would be in everything including gold … not to disappoint, what

a bag of flaming dog poo!  … except for BTCUSD of course, which is a “FREE

market” unlike the rest … Sunday’s blog update sees me start a series on

BTCUSD … if you care about trading, don’t miss it! … it’s gonna take me all week

to lay out what needs to be laid out for you, but by next Friday if you’re not

convinced then there’s nothing in the world that will make the blind man see

… you either “get it” or you don’t.


… until Sunday … Onward & Upward!!


-vegas



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