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
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