Just the usual train wreck of bullshit in traditional markets, as they diddle fart
around in small ranges, waiting for the U.S. session … meanwhile, BTC moves
over $3400+ while I’m sleeping in the Asian session, cuz the entire world has
moved to crypto for trading … “do I have to move to Thailand or any place on the
Pacific Rim to get movement during normal business trading hours? … I mean
seriously, this is some messed up fuckery when the Asian session provides all of
the movement day-after-frickin’-day, and then the rest of the FUBAR
dysfunctional trading world simply picks up the pieces” … as anyone can tell
you that has any world experience travelling or seeing other cultures upfront and
personal, people who live on the Pacific Rim from South Korea down to the
southern reaches of New Zealand, are inveterate gamblers of the first order
… casinos everywhere and they’re always packed … well, they don’t need a
casino when you have crypto from the comfort of your own home! … by & large,
they don’t care anymore about FX or stocks from a trading standpoint … they
care about and trade crypto, cuz they realize intuitively it’s 1) free of
government manipulation, 2) it’s volatile, 3) it’s private, secure, & anonymous
especially behind the walls of a reliable VPN, and 4) it can be spent anywhere
they travel and government efforts to restrict capital flows are a joke.
Take a quick tour around your MT4 / MT5 markets, and all you see is deadwood
… tiny moves in tiny ranges … then open up your “open order book” platform
and take a look at dozens of crypto pairs that have moved during the Asian
session, cuz while Bitcoin gets all the news, other coins are moving as well … so
they move and traditional garbage stays garbage … why? … 1) manipulation by
government, and 2) specs in large part have left the building for greener pastures
… none of this should be a surprise to anybody any longer.
There’s more action on bingo night at the nursing home, than in any of these
“traditional” markets … simply embarrassingly pathetic, but when you
understand the M.O. of the manipulators and their hellbent desire to control VIX,
what other outcome is possible? … why should Bitcoin, along with others, be so
volatile relative to other markets? … “it’s cuz it’s FREE OF GOVERNMENT
MANIPULATION VIA THE SCUMBAG BANKS, ESPECIALLY THE FED”!
Turning to “markets” [cough, bullshit, cough], let’s start with the obvious
… energy markets are going parabolic … crude oil up 8 days in a row, and 18 out
of the last 20 trading days … and you should know how this ends, and it won’t be
pretty … the only question is how far up on the parabolic curve before a crash
… that said, gold is behaving like a manipulated market behaves, beholden to the
“Comex Con Game” and the VIX crushing days mixed with days where it explodes
… today it rots … meanwhile the DAX40 getting a small dose of reality, and
moving lower right into its 20 Day Range MA down at the low of the day so far.
A tiny bounce into the London Fix for the DAX40, as Europe closes … the only
real movement came from the pre-open … other than that about a 120 index
point range, where 90%+ of the time it was going down … until crude oil breaks
and we get some long liquidation starting in Europe, the DAX40 is gonna find it
tough sledding to the upside … One algorithm buy signal today in the DAX40
… TURNKEY PAMM UP FRACTIONALLY … not much here folks, and I was less
than thrilled with our liquidation fill, which I thought “stunk the joint up”
… apparently, fills can’t be “A+” every day.
Over in crypto, a disappointing day as the range fully covered the 20 Day Range
MA before I even got to my screens … multiple BTC trades for “The syndicate”,
and it’s UP APPROXIMATELY 0.2% … again some easy scalps off of algo signals
that turned out way better if I had remained long a few more minutes … no
regrets, just profits!
Excluding crypto, just another “joke Monday” inside the casino … outta here
before my head explodes … “the future looks so bright, I need sunglasses”! 😎
… Onward & Upward!!
-vegas
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