Only when you view the entire last half of this week in its proper context, does
anything really begin to make sense … I’m talkin’ Wednesday, Thursday, and this
NFP Friday morning … first up on Wednesday, we had the mighty “flip flop” from
Apparatchik Grandma Yellen, that first sent gold plunging and wiping out sell
stops in the 1770’s … scumbag banks cover their shorts, and more than likely
get long … ditto in the DOW30 … then she gets “the call” and trots back out to
the microphones an hour or so later to try and convince you that you didn’t hear
what she said, and YOU MISUNDERSTOOD … this is overt, pre-planned
manipulation! … move to Thursday, where nobody really expects anything of
substance cuz we got NFP the next day, and who wants to front run this and
possibly be wrong? … and that strategy makes sense if your playing the game
legit … but if you’re a fucking scumbag bank, that’s not how you view any of this
… and lo & behold out of nowhere, gold goes blasting through 1800 like a rocket
on heavy volume … now, who would do this BEFORE an NFP report generally
considered to be a “blowout” to the UPSIDE for job growth, cuz that would release
the interest rate jitters Genie and gold would go lower? … well, how about if you
KNEW what the number was gonna be?
And here comes the NFP report this morning, and it’s the BIGGEST SIGMA MISS
TO THE DOWNSIDE I can remember for a very long time, and who’s positioned the
right way for this and who isn’t? … and it should dawn on you if it hasn’t already,
this is ONE GIGANTIC SCAM … outside of crypto [ETHUSD, ETHUSD, & LTCUSD],
there isn’t a single market on the MT4 / MT5 that is honest, fair, and above board
for specs … sorry, but this is a RIGGED GAME, and we ain’t invited!, unless we’re
the ones donating money! … to which I say, screw that!
And once again today, for the umpteenth millionth time, it’s straight UP / DOWN,
then sideways, then DIE! … fugetaboutit! … and each and every time the banks
are positioned correctly beforehand and the specs pay the bills … and when they
need a little help cuz all of their manipulations aren’t working as planned, it’s time
to call in the Apparatchiks for some media bullshit to move markets their way, so
they can get their positions right … and if it’s all bullshit, who cares? … who’s
gonna call them out? … does Grandma Yellen get fired for her part in this scam?
… no, she gets a pat on the back for a con job well done.
Quite frankly, I’ve HAD IT with all of these MT4 / MT5 “markets” that are nothing
more than pretend PONZI schemes … there is ZERO trading … everything is
“speed of light … crickets, DIE! … thanks, come again”! … screw that! … volatility
surges, then drops to zero as the order flow is faded, and then there isn’t anything
left to do but rinse & repeat at the scumbag LP bank’s choosing … and in markets
where nobody is left to trade, like FX pairs, it’s even worse! … all the while the
illusion of a “market” is propagandized to a gullible trading public … in case you
haven’t figured it out yet, the reason they ALL HATE CRYPTO, is cuz they can’t
control or manipulate it to their advantage, like what you’ve seen this week in
gold & DOW30 … if you spend any time looking & studying the “trading action”
between anything crypto, and anything not crypto [traditional], you come away
with not believing what you’re seeing … crypto moves and has volatility up &
down, dozens of times during all 3 major world sessions, and the opportunity for
trading profits is immense! … then look at the pieces of flaming dog poo run by
scumbag LP banks … you’d have to be blind not to see the differences … so, like
I said, I’ve had it with these so called “markets”, and what I’ve seen this week
turns my stomach!
For what it’s worth, I did one trade today for the PAMM in gold … I lowered the
volume substantially cuz once the NFP horseshit was over and done, VIX left the
building, leaving gold a puddle of goo meandering around with no purpose … OK,
I got a buy signal, but I know with VIX dropping to near zero, the chance for a
“false positive” was greater than usual … and yup, here it comes, cuz after sitting
with it and seeing it not even be able to get outside the spread for like 10 minutes,
it just drifts … no volumes, no liquidity, and quite frankly this is the straw that
breaks the camel’s back, from the perspective of me and the MT4 traditional
markets … it’s over and done with, and I want no part of ‘em any longer … what
buckets of shit! … bottom line is the TURNKEY PAMM DOWN TODAY SLIGHTLY
MORE THAN 0.1%
I don’t really care about the few bucks lost, what I care about is the state of trading
in pretend markets, where every single second of every day, I’m the Chump at the
poker table … we simply CANNOT get the conditions needed on a CONSISTENT
BASIS to trade the algorithm, and that means CONSISTENT VOLATILITY! … it ain’t
happenin’! … if we did get it, then there would be money to be made actually
trading … sadly, there isn’t.
And isn’t it amazing when MT4 LP’s get “religion”, and upon reading the
“handwriting on the wall”, they suddenly realize NOBODY is trading their shit
market, and there ain’t any revenue! … and suddenly for almost the entire day
today , ETHUSD has an acceptable bid / offer spread … “gosh, I wonder what
could have made that come about”? … starting Monday for the PAMM, it’s gonna
be 100% crypto for the PAMM, and that means either ETHUSD, BTCUSD, or
LTCUSD … right now both BTC & LTC aren’t a problem with spreads, and they
are in fact quite competitive or even better than “open order book” platforms
when considering “total cost to trade” … ETH here clearly the “wild card” when it
comes to trading costs … gone are EVERYTHING ELSE! … crypto open 24/5 all
week, and I can trade it without worry regarding reports, central bank bullshit,
and it doesn’t matter what time it is, cuz all I have to worry about is the Friday
close at 5 PM EST [Turnkey crypto closed over the weekend, opens Sunday night
at 5 PM EST for the week] … how refreshing … time for the PAMM to make what
“The Syndicate” is making!
And speaking of “The Syndicate”, crypto trading post NFP, skewed slightly by
the sigma miss on the job creation, but overall a rather boring day in most crypto
pairs … boring by crypto standards, given recent volatility … still, my favorite
new shiny coin ETHUSD, sees multiple algorithm signal trades today, and we’re
UP APPROXIMATELY 0.22%
Again, in case you haven’t figured it out yet, crypto returns are CONSISTENTLY
PROFITABLE CUZ 1) crypto is FREE FROM GOVERNMENT MANIPULATORS &
SCUMBAG LP BANKS [that suppress VIX], 2) volatility is consistently HIGH
THROUGHOUT THE ENTIRE DAY in crypto, and 3) the trading algorithm IS THAT
GOOD! … add ‘em all up, and unless the scumbag banks are sending you emails
with their trading schemes, you aren’t gonna even come close to what crypto can
return to you! … take any crypto pair, and it moves UP / DOWN more in 6 hours
then the stale, manipulated, horseshit MT4 Ponzi markets do in a MONTH … and
again, I’ll repeat, after the blatant criminal activity I’ve seen this week from
Apparatchiks out of the “D.C. Swamp”, they’ve “jumped the shark” as far as I’m
concerned, and you can NO LONGER ignore their corrupt, criminal activity that
steals money from you and puts it right into the scumbag banks pockets, with the
“skim” sent to the usual suspects … “who needs ‘em? WE GOT CRYPTO, BABY”!,
and after all, money is money whether I trade “widgets”, FX, “soiled underwear
futures”, or crypto!
I don’t want there to be any misunderstanding … I’m not expecting, or ever have
expected, ANY LP whether it’s a frickin’ bank or HFT, to give anything away
… they’re in business to make money, so clipping all of us a few pennies per trade
is acceptable … I get that ... what is unacceptable, is me paying for the entire
fucking X-Mas party this year, and “Hooker & blow” prices have gone up, so we’re
gonna need MOAR! … no, me thinks not! … with crypto we get EVERYTHING I
ASK FOR IN TRADING … with any other market out there, I GET NOTHING I WANT
… and with this last week, time to say “Sayonara” shit weasels, and I hope I live
long enough to see you all “perp walked”, cuz you most certainly deserve it … let
the revolution begin with the end of the FED! … until then, the ONLY honest, fair, &
FREE markets are to be found in crypto … everything else is a delusional mirage
of pure financial propaganda.
Blog update on Sunday, & lots to talk about, so don’t miss it! … outta here
… “the future’s so bright I need sunglasses”! 😎 … Onward & Upward!!
-vegas
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