King Chuck of Something, who’s been waiting for this moment for over 50 years,
hosts a Royal Fam party for South Africa … can you see their peacock feathers
shimmering in the light? … “know your place Peons, we don’t care if you’re
starving to death or can’t pay your electric bills cuz of incompetent government
at every level, we’re spending millions of Pounds to host a Gatsby party and
you’re not invited! … now, fuck off and go eat some fish & chips before we have
you arrested!” … is it any wonder the British Pound over the years and decades
continues to underperform other fiat scam Ponzi schemes? … the standard of
living in the U;K. just keeps getting lower and lower … no matter, idiot Brits have
no clue, and while the government continues illegal immigration in record
numbers, the Royal Fam is unaffected while your average “Brit Nobody” suffers
through record crime, high inflation. and ZERO prospects for a rosy future
… almost as bad as the “U.S. of China” … almost.
Today is the day before Thanksgiving, where ‘Muricans of all stripes will sit down
with fam and enjoy Spam & Beefaroni … a long time ago, in a universe far, far
away they used to enjoy turkey with all the trimmings … government “fixed” that
problem, dumbing down the entire country to the point half of America now
enjoys Spam, and thinks it’s a luxury meal … oh, and don’t forget to wear your
face diaper and social distance, say the “experts” [fuck the experts] … and by all
means, enjoy the Roman “bread & circus” distraction called the NFL … nothing
like meaningless meatsticks playing football for some bloodsport … anything to
get you away from thinking about how bad things are and who’s responsible
… can’t have that, so by all means enjoy the dumbing down, you deserve it.
Meanwhile, all of the true gamblers [err, traders] inside the world’s largest casino,
will decry the fact that Thanksgiving will deprive them of a trading day, and the
fact they can’t play short dated options like they want to … for those of you
afflicted with this condition, may I suggest FX pairs, which most likely won’t
even notice the American Holiday … you can tell your dysfunctional, sociopathic
family you got to work this day, and so it gets you out of sitting next to Uncle
Eddy while enjoying your Beefaroni … you’re welcome! … you can eat your own
Beefaroni, out of your own can at home … again, you’re welcome!!
Turning to today’s special “Slots-A-Rama” Thanksgiving special, we get our first
mini gamma squeeze in USDJPY, where price goes up about 35 PIPS in 19
minutes, straight up, with the last 6 minutes giving the gig up as price went about
20 PIPS on spikes … the spikes give it away … and of course, when it’s over, it’s
over … nowhere to go but down, cuz corrective activity followed by a move higher
is out of the question … there’s only the move down ‘til the next time longs or
shorts get caught by the scumbag LP banks, all based on order flow … and it
makes “Binary Options”, lasting anywhere from 1 - 9 minutes look particularly
attractive from a risk standpoint … I brought this up in the “Energy Traders
Algorithm For FX Pairs.pdf” over in Download links … with any luck I’ll finish the
manual by Sunday that deals with the algorithm and how to use it in “Binary
Options” … it’s viable & legit, and the public loves the concept … what’s not to
like if used properly? … for very small accounts, it most probably is the only
way you can trade without getting blown out.
To that end, and also being able to still trade CFD’s with above average decent
spreads, and being able to utilize one of the HIGHEST LEVERAGE rates I’ve seen,
meaning your dollar or Euro cost to trade a position is one of the lowest in the
offshore world, I recommend “IQCENT” as the place to open an account and trade
either CFD’s and/or Binary Options … my affiliate link is over in the right hand
column, and if you open an account [minimum is $20], it costs you nothing and
might return to me a few cents from the house … no KYC to open an account,
deposit, and start trading … simple ID document request when you first withdraw
… and while I will cover this aspect in more detail in the manual, just know that if
you have U.S. ID, it’s not a problem cuz nobody there cares!
I know this for a fact cuz I talked with management on the phone and was assured
this is the case, so unless they do a complete 180, which I doubt, everybody is
good to go … their CFD’s in commodities are 1) Brent Crude Oil, 2) Copper, and
3) gold … leverage 500 / 1 in Brent & Copper, and 300 / 1 in gold … minimum
trade size in Brent is 100 bbl., and steps in 100 barrel increments … current
margin as I write for Brent on a trade size of 100 barrels is approximately $17
… minimum trade size in Copper is 500 pounds [lbs], and steps in 500 pound
increments … current margin as I write for Copper on a trade size of 500 pounds
is approximately $4 … minimum trade size in gold is 1 OZ, and steps in 1 OZ.
increments … current margin as I write for Gold on a trade size of 1 OZ. is
approximately $6 … SPREADS are around 25 cents in gold, 4-5 cents in Brent,
and in Copper around $0.006 cents … spreads competitive with other houses,
and maybe you could argue Brent is a penny higher, but given the extremely low
margin and the way oil moves, 1 penny ain’t gonna make a “bigly & yuge”
difference in profitability.
In “Stock Bellies”, the DOW30, NDX100, and SP500 all have LEVERAGE OF 500 / 1
… minimum trade size in DOW30 is 0.10 lots, with steps up in 0.05 increments
… this means the minimum trade size would be worth 10 cents per index point
… minimum trade size in NDX100 is 0.1 lots, with steps up in 0.1 increments
… that means 10 cents per index point as well … minimum trade size in SP500 is
1 lot, with steps up in 1 lot increments … that means $1 per index point … FX is
mostly the same as everywhere else, but the big difference here is LEVERAGE
… PAIRS WILL BE BETWEEN 300 /1 AND 500 /1.
All in all, 1) with smaller trade sizes, 2) very advantageous leverage [smaller
margins to open and hold a position, 3) average spreads [not excellent, but not
dog poo either], and 4) the ability when appropriate, to do binary options
specifically in FX, makes this a decent to excellent place to trade CFD’s
and options.
I got to my screens about 5:30 AM EST this morning, and since then haven’t had
one buy signal in USDJPY, now into the afternoon of the New York session … the
short “gamma squeeze” in full effect today, as there has been no let up in the
selling except for very brief short covering attempts higher … attempts that get
smacked down rather quickly … it’s easy to say in hindsight that all one has to do
is be short, but even in down markets we usually get decent buy signals many
multiple of times … not today though, not today … it is what it is … and just for
the record, it’s the same on the other side as well, so nobody gets any favors
from the banks … pretty simple … no buy signals today, then there weren’t any
trades in USDJPY for the PAMM … now into the meat of the New York afternoon,
and with a Holiday tomorrow, who in their right mind wants a piece of this action
going forward? … the Asian session might get interesting, but that’s it.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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