IDIOTS EVERYWHERE

“Especially at my house!”

I get up this morning ready to slaughter EURJPY, and hit my screens about

5 AM EST … and I’m not up very long, drinking my morning coffee as daylight

slowly hits the horizon, when all of a sudden I hear very loud screams … my

niece is here over the Memorial Day weekend with friends and they’re out at the

pool for a dip after getting up … and as young dumb asses tend to do, when

there’s more than one of ‘em together anywhere, horseplay and bad things

happening go hand in hand … and after being told NOT to fuck around the pool

and jacuzzi area cuz bad shit will eventually happen, of course they do … my

niece falls, breaks her foot, gashes herself in a few places on sharp rocks, is

bleeding profusely, and the others stand around in shock screaming … I get

out there, wrap the wounds first to stop the bleeding, look at her mangled foot,

and when the Mrs. shows up about one minute later, tell her I’m taking her to the

emergency room at the hospital about 20 minutes away … so I lift her up, tell her

to stop talking and STFU cuz she's in shock, put her in the Jeep and go to the

hospital.

“Do you have insurance or any way to pay for this? … this ain’t the U.S., how

you gonna pay for this? … “Wait … WUT!!!?” … just as I thought … never mind

we’ll sort it out later [sure, sure we will]“! … this happens around 5:15 AM EST

this morning … I get back with her to the house about NOON EST … she’s in

la la land via the pain meds and is in a cast, with some bandages where she

needed stitches … she and her friends were gonna leave tomorrow … her friends

WILL BE LEAVING TOMORROW! … she stays another 10 days to 2 weeks and

will need another visit in about a week to see if everything is healing properly

… another day where something takes me away from trading, and I swear this

last day of May 2022, this is the last day I’m putting up with any of this shit, I

don’t care who lives, dies, or whatever … this is bullshit and has gotta stop

… and will!

I apologize to my PAMM … these last few weeks, it seems like every day it’s

something … it first started when my annual checkup got FUBAR and hasn’t

stopped … why should today be any different? … June starts tomorrow, and with

it non stop trading … only a hurricane or something with the internet will stop

trading … if I have to, I’ll lock the frickin’ door to my study … we missed some

decent signals today with this shit, and on top of that, her little fuck up cost me

right around $7,000, cuz down here if you don’t have insurance it’s pay up front

or sit at the curb until you can … there ain’t any of the U.S. rules down here with

regards to taking everybody that walks through the door, cuz if they did that every

native would be here every frickin’ day for anything and everything … so not only

didn’t I make anything in a market I should have, it cost me 7k to boot … and to

top that off, when I get home the Mrs. is smirking cuz she made a nice wad in the

DAX30 today using the algorithm, and is smirking with profitability … “great, you

can use it to help cover some of the cost for what your niece just did to our

wallets!” … all of a sudden the smirk was gone … poof! … there went all that

shopping money right out the window … however, don’t think for a minute she’ll

actually fork it over from her account anytime soon … what injury, what niece?

… yea, been at this rodeo for a long time and I know how it gets played.

Looking at today’s penny slots markets called financial derivatives, a DOUBLE

REVERSAL in EURJPY, all within about a few hours, which historically means

nothing happens after the second reversal cuz the order books are wiped clean

and the day runs out of steam … of course, it all happens while I play ambulance

driver, but nonetheless it happened … “Stock Bellies” putting in some nice algo

moves as well … one thing I will add when using the algo for trading

… aggressive traders can risk longs when the HULL is hotpink, but they have to

be scalps … especially when the HULL appears to be oscillating back & forth

… that usually means in strong bull or bear markets, the longer term trend trades

can be made for the VIDYA & TEMA … this is if you want to be aggressive … given

the nature of BOJ stupidity and super easy monetary policy, coupled with ECB PIE

HOLES every day talking up rate hikes starting in July, it’s tough to see how

EURJPY is gonna get deeply monkey hammered … of course it still can, cuz PIE

HOLES change their minds, but for now an aggressive stance via EURJPY seems

warranted … this is also mostly true in “Stock Bellies”, cuz they exist in the

“88/6/6” paradigm, and it looks and feels like the back “6” is over for now … it

depends on the FED and whether they fold or not [they will].

Again, my apologies to the PAMM … I WILL be trading it tomorrow come Hell or

high water … the whole day … uninterrupted … the algo is fantastic and the

Brinks truck is waiting on us for delivery … ditto with “The Syndicate” and BTC,

cuz it looks to me like BTC is showing signs of moving again … onto tomorrow.

… outta here … “The future’s so bright I need 2 pairs of sunglasses”!! 😎😎

… Onward & Upward!!

-vegas

 

MEMORIAL DAY … ALGORITHM IS PUBLISHED

“Good luck finding one that even knows what Memorial Day is about!”

It’s trading algorithm release day! [FREE!, don’t sweat it] … over in

“DOWNLOAD LINKS” is the link to my shared file folder at Box.com, where you

can either read the 12 page ADOBE PDF online, or download it to your device,

entitled appropriately “-VEGAS SHORT TERM TRADING ALGORITHM” … with

this document you’ll need the 5 mql4 files to download as well, and the link for

that is “VEGAS SCALPING MQL4 ALGOS” … and this directory is also in my

shared file folder at Box.com … no viruses, no tricks and/or gimmicks like giving

up your email address or anything else … simply follow the links and they’re

available for ANYBODY FREE OF CHARGE … [you’re welcome].

Everything you need is in the 12 page manual … if you don’t have an MT4 account

at an offshore brokerage house, and don’t know where to turn, for all around

above average LOW bid/offer spreads in a group of markets, I suggest “Cedar Fx”

is a decent place to open an account and set up a demo … non KYC, it’s simple

and easy … or if you already have a demo or live account somewhere and you’re

happy with it, then simply download the mql4 files and install … Easy Peezee!

Don’t mistake the algorithm’s simplicity and ease of use to mean anything other

than it took a Helluva lot of work over hundreds of hours, thousands if you

include the research, and hunting for some of the toughest mql4 files on the

internet to get to what you see as the final result … it’s fast, easy to use and

understand, and 99.99% of you will “get it” within about 5 minutes … the dog

on the other hand took half an hour, but he took a break to sniff some other dog,

so there’s that to consider … all-in-all, no matter what market you trade, as long

as there’s some VIX and decent up/down trading action [meaning hopefully no

super long straight moves up or down], the algorithm will perform … the blog

will highlight trades as we move forward … Enjoy my readers!

Today’s EURJPY trading a real confusing mess … I was at the European open

and there was a little action, but then it started to die down … came back after

about 7 AM EST, and during the “closed” New York session, all of a sudden the

pair decides to move like it’s a normal day … whaddaya gonna do? … Holiday

markets can be a real mystery sometimes, and this Monday U.S. Holiday is

shaping up to be just that … spreads, though, at least at Turnkey a tad higher, but

nothing too serious … I hate Holiday markets to begin with, and with the release

of the algorithm today, and having the Mrs. and everybody she knows who

trades, here for a breakfast brunch & algorithm launch on their laptops, even the

dog is sipping mimosas and getting sassy! … well, the good news is that

everybody easily got things up and running very fast, so I know for certain it

isn’t that difficult of an assignment if you’re new to trading … because of its

simplicity, I had those who needed an account offshore use “Cedar FX” for a

demo and there wasn’t anybody who got seriously hung up on details … if

you’ve been at this trading rodeo before, it won’t take but a few minutes

… Newbies might need a little more time, but not much … the reason I chose

“Cedar FX” over “SIMPLE FX”, is that Cedar has more available markets with

decent reasonable spreads, so whatever it is you choose to trade, Cedar won’t

be far from top tier, with the possible exception of crude oil which is a joke it’s

so high today, but the futures market is closed so we’ll see.   

You’ll notice over in “Download Links” that I’ve deleted some downloads

… either they are obsolete, or in the case of options nobody gives a crap, so

what’s the point? … Enjoy the Memorial Day Holiday everyone!

… outta here early … “The future’s so bright I need 2 pairs of sunglasses”!! 😎😎

… Onward & Upward!!

-vegas

 

SUNDAY UPDATE: TRADING ALGORITHM RELEASED TOMORROW

 

“Undeniable Rules For Life #1!”

The trading algorithm will be released tomorrow … sometime … probably

afternoon but we’ll see … It’s pretty simple and straightforward, but don’t let the

simplicity fool you, it’s extremely powerful, and I doubt many of you have ever

seen the components, let alone research & then use them … the trick isn’t in the

math, it’s in making it visually easy to use and simple to understand … I think

I’ve accomplished that, and it won’t take many minutes once up & running for

you to see for yourself.

I mention this in the manual, but I want to reiterate it here again … the algorithm

works optimally in markets that have 1) VIX, and 2) that go up and down a lot

… sure high ranges help, and generally speaking a higher 20 Day Range MA for a

given market will probably mean better overall VIX during your trading session

… but not always and straight up / down markets for hours on end won’t help

matters either, cuz it’s the nature of corrective activity that yields the very best

trades, not buying continued new highs or selling new lows and praying there’s

a bigger Dope than yourself willing to come along and pay more so you can get

out … and sometimes that works, but most of the time it doesn’t.

Right now the YEN crosses, specifically EURJPY & AUDJPY show very good

overall optimal trading … GBPJPY IS “iffy” at Turnkey cuz lately the spread has

been gyrating faster than a New York city cab meter … it’s easy to see a 0.5 PIP

bid/offer spread, and then a microsecond later see 2.3, then back to 1.6, and all

over the place … as I’ve said before, when looking at these gyrating variable

spreads, if you want to know what your fill is gonna be, watch it for 5 minutes, and

the HIGHEST spread you see is the one you’re gonna get … guaranteed! … and

that’s before any slippage! … and unless Cable/Yen is gonna put in 300+ PIP

ranges consistently [highly unlikely], paying 2.5 - 3 PIPS to get into a trade is

bullshit, especially if your attempting to scalp this market … relax, it’s intentional

on the part of the scumbag LP’s and isn’t going to ever change no matter the

bullshit emanating from Turnkey Pie Holes in customer service, as the hidden

“vig” means they aren’t willing to allow you to pick them off for extreme short

term gain … it’s the very same in the dollar pairs, where razor thin spreads are

quoted, but you aren’t gonna get any of them … it’s an illusion, and when you go

to hit the trade button, you find your latency and fill suck … the “vig” is built into

the trade no matter what you do … from my experience, only the YEN crosses are

competitive and consistently fair & honest … the rest stink.

Stock indices are also great markets to use the trading algo … although, you’re

nuts if you use Turnkey cuz the slippage is so bad it’s ridiculous … not only do

their spreads suck most days, there’s no limit to the amount of slippage they can

tack on when any of these indices start moving … e.g., last time I ever traded the

NDX100, I went to buy and got filled 7 index points higher than the offer I was

expecting to buy … 7! … and the market is more volatile now than ever before, so

I wouldn’t expect it to be much better … SIMPLE FX is the place to be for stock

indices IMHO, cuz they have consistently low bid/offer spreads even in volatile

markets, with ZERO commissions … usually the spreads are as follows:

SP500 = 0.3 index points, DOW30 = 2 index points, NDX100 = 0.7 index points,

& the RUSSELL2000 = 0.3 index points … that’s tough to beat!

It’s up to each individual to pick & choose the markets that they trade on the MT4,

but the algo will work well in all of them, if given the proper volatility [VIX] … in

the manual, I use EURJPY for my examples, but the charts will look the same in

any market you choose.

Directly below, the 20 Day Range MA’s for selected pairs.

click on table to enlarge

You’ll notice everything dropped last week, and crypto is starting to look like

death warmed over … the space needs some VIX, and up and until it gets some,

it’s better left alone … why give hard earned gains back just to say you're trading?

Until tomorrow … outta here  … “The future’s so bright I need 2 pairs of

sunglasses”!! 😎😎 … Onward & Upward!!

-vegas

MASTERS OF THE “BAIT & SWITCH”

“And the “FAIL” here is strong!”

Bottom line is I don’t trust them … and my suspicions got born out today in

GBPUSD [Cable] right near the European open … WTF happened to that latency

time I’m supposed to be getting around 10ms - 20ms, and instead get nearer to

500ms, right along with getting bent over the railing and getting the unprotected

sex I didn’t ask for via the fills? … both of ‘em shit! … let the wailing & gnashing

of teeth begin … and it did in spades.

Sure, ears got burned, and I’m raising Hell cuz I told ‘em I would if they stuffed

me again in the dollar major pairs … and like night follows day, cuz they’re

nothing more than scam “bait & switchers”, we get stuffed again with empty

promises from Turnkey … take your dollar pairs and shove ‘em … they didn’t

clip us much, cuz I have to see with my own eyes first more than once, they’re

on the level … and in CFD’s & dollar FX pairs, Turnkey sucks … their bogus

“don’t worry we’ll get to the bottom of this” is laughable … and it’s back to

EURJPY & GBPJPY for the PAMM … and while this new platform is about 40%

faster, it will only help in what I know already are the only markets their

scumbag LP’s keep honest & fair bids/offers, and that’s the YEN crosses,

specifically EUR & GBP, cuz we didn’t get screwed by them on the other slower

MT4 platform … and right now as we head into next week after Monday’s Holiday,

where it’s biz as usual in Europe, I’ll be looking at EURJPY first & foremost

… quite frankly, even though we haven’t gotten burned in Cable/Yen by the

scumbag LP’s, I don’t entirely trust them there either … I feel more comfortable

in EURJPY … and while most might be somewhat surprised that EURJPY would

have better liquidity and better fills than either the numerator [EUR] or the

denominator [Yen], it’s the capital flows that keep the cross honest and mostly

liquid versus the individual components.

I’m disappointed they did this, but not entirely surprised … the only thing that

would truly surprise me is if they kept their word and delivered … sadly they

don’t … half truths at best, which can often be worse than outright lies …anyway,

one trade today in GBPUSD … TURNKEY PAMM DOWN SLIGHTLY … collectively,

we lost a golf foursome tray of Micky D’s Happy Meals … big whoop … I can’t get

to the bigger volumes cuz every time I test them with the meaningless shit in the

dollar pairs we get hosed … imagine how much worse it gets as the volume

increases? … so onto the cross Sunday night … not sure if the spread can hold

decent [probably not] but we’ll see … if nothings shakin’, it’s sleepytime until the

European open and we’ll see what goes on there … this newer platform with

about 40% faster latency [should be better but most likely it won’t be] is an

improvement, and we’ll see how it works out in the cross next week … logically

it will benefit us over and above what we had, but again we’ll see.

So in the end analysis, we do gain better latency but we have to stick to the

YEN crosses to see any tangible benefit … I guess that info is worth some Happy

Meals ONCE … today a trading joke in EURJPY … the daily candlestick barely a

pencil smudge “doji” it’s so small & pitiful … not entirely surprised by that either

… “Spoos” flying high cuz of the imminent depression about to hit the world, so

natch the FED has to lower rates and come down off of their “rate hikes forever”

mantra and not only save “Peter Pan” Kuroda and Japan but it’ll be QE+

FOREVER going forward … all of this portends good EURJPY action going

forward, and with proof positive better latency it will only help a good trading pair

conditions from before, become an excellent trading pair worthy of our attention

… too bad they can’t do and maintain this in other pairs and markets, but it is

what it is. 

Blog update on Sunday … outta here  … “The future’s so bright I need 2 pairs of

sunglasses”!! 😎😎 … Onward & Upward!!

-vegas