It’s so bad, even his own VP, the “Manchurian Candidate” herself, one Cackles
Harris wants nothing to do with him … have you seen her at all with him in
anything? … has anybody seen her at all? … nope, disappeared into the closet
while another staffer quits … the entire U.S. Government is run by Satanic Idiots,
where apparently killing unborn babies is = “reproductive health”, and by the
looks of it, Ukraine is gonna become the 51st state, having leap frogged over
illegal aliens from Central America in vying for “free shit” … amazing how these
Asshats in Congress can give Ukraine $40 BILLION for nothing, but Veterans
here are facing massive problems, declining growth in wages & standard of
living for people who actually work, shortages of baby formula, shortages of food,
and the lower & middle classes of ‘Murica can GFY, thank you very much POLS
… you don’t count Skippy … only at election time do they come around cuz they
need to keep power above all else, and even bigger Idiots give it to ‘em … sorry,
this country is screwed!
It’s the “same old, same old” bullshit in FX today … “lightning or crickets … large
m1 spikes followed by hours of tiny m1 ranges … EURUSD can go 40+ PIPS in 3
minutes, then can’t go ± 5 PIPS over the next 2 hours from the median … in other
words, a complete inconsistency in VIX that allows “traders” to make money
… no corrective activity that means anything, that your looking for to open a
position … the scumbag LP banks aren’t allowing that anymore … ditto with YEN
… and if you happen to get caught in one of these lightning strikes? … well,
you’re screwed cuz VIX is over and ain’t coming back to help you … and therein
lies the problem! … throw in dirtbag quotes and slippage, and now it’s even worse
… great, EURUSD under 1.05 … after the European open where it went down
40+ PIPS in 3 minutes, tell me now what’s the aftermath? … there ain’t any!
… mindless bullshit chop coming into the New York session … oh yes, plenty of
trading action in the “Spoos”, but if you trade at Turnkey you’re gonna discover
that your cost to trade the “Spoos” is right around 3 FULL INDEX POINTS … go
ahead, click away, and then let me know how long it took you to figure out you’re
getting fucked blind.
We’re getting to that point in the process of massive liquidation of everything
financial where the ONLY thing that matters is what happens in the New York
afternoon, specifically the “Spoos” … more than likely “Stock Bellies” won’t be
able to hold early morning rallies, but get past NOON and if this stuff starts
kicking in to the upside, look the Hell out cuz like previous rallies it’s fast &
furious … and unless the Dopes at the FED get off their ass and start talking
about pulling back from this insane outlook of repeated 50 & 75 bps rate hikes
like it’s biz as usual, “F-ing Ho Hum”, it isn’t gonna matter much when the
financial world is on fire and nobody will listen … you think they’ll listen?
… don’t count on it.
What did we learn today, besides the fact the entire financial world is as fucked
up as the political one? … 1) markets are moving faster than anything you got to
track them, and the turns are mind blowingly vicious … in other words, unless
you get in BEFORE the fact, you got no chance of getting a decent fill
… 2) central bankers are completely clueless, 3) USDJPY feels like a top has
been made and it’s very likely YEN is gonna be a B.I. Itch to trade going forward,
and 4) we learn that Turnkey is just as big a pile of shit in the FTSE100 as they
are in every other stock index they offer … the spread is an ILLUSION … 0.7 index
points my ass! … what a rip off, with the REAL effective spread after the rape
approximately 2.7 - 3 FULL index points … so, the 50/50 maybe it’s got a shot to
be legit, is sadly bogus … like all of their “Stock Bellies” indices, not worth
trading cuz they are RIP OFFS!
It appears crude oil is maintaining a 3 cent spread, and tomorrow it gets its shot
at some algorithm trades … and like the FTSE100, I don’t know if the 3 cent
spread is legit or bogus … we’re gonna find out tomorrow … my guess is it’s
bogus, the only question being how much does the robbery cost? … volume
will be light, so no matter the mugging if it happens it won’t involve anything but
an inconvenience to the bottom line … what I’m interested in is whether or not
they make a legit market … so far, their track record sucks, but we’ll see.
Only the one FTSE100 algo buy signal today … it came mid morning Europe
… and after that hold up, I’m no longer interested in anything Turnkey has in the
stock indices … rip off artists in the extreme … TURNKEY PAMM UP SLIGHTLY.
When you look at these markets, at first blush the ranges are excellent … but
underneath the hood lies danger, in the fact that everything except crude oil has
extremely inconsistent VIX throughout the day … liquidity is awful in major
markets, and the “Spoos” trade like a fucking penny stock in Vancouver via the
“pink sheets” … thanks FED! … meanwhile crypto is at a crisis moment and
doesn’t look good at all … I’m completely out of crypto, and have been since BTC
went sub 50K after hitting an ATH of about 68K … ditto the Mrs., who now trades
crude & the “Spoos” … and looking at BTC, forget BTFD, and look to STFR if you
want to prosper going forward … quite frankly, IMHO it’s gonna be a very long
time before crypto regains its luster … sure, there’s still dinero to be made, but
the easy money is on the sell side first! … trade it, don’t marry it!
… outta here … “The future’s so bright I need sunglasses”!! 😎😎
… Onward & Upward!!
-vegas
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