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Thursday, June 22, 2023

ALWAYS CHECK THE POOL BEFORE ENTERING

 

“You don’t get a second chance!!”

What so called “liquidity providers” [LP’s] look like … and at some houses and

in some markets, you have a better chance of finding snowballs in Hell, than

coming out of the pool limbs intact … Coinexx is one such bucket shop … I

thought the major cross of Cable / Yen was gonna be OK, but like everything I

trade, before going normal to heavy volume, I check the water first … if they

screw me, they ain’t gonna get much! … they simply can’t resist fucking every

order they can get their greedy little hands around … but I do know, cuz in the

past EURUSD has been OK, that you really can’t cheat this pair with

“Scumbaggery & Fuckery” like you can with other pairs and all of the crosses

… nobody is gonna get their “big girl panties” bunched up over a fill that’s off a

bid or offer by a tenth or two of a PIP … markets move, quotes change, but it’s a

different argument if you’re gonna try and sell me, with no news of any sort,

that I deserve a 1 ½ - 2+ PIP hosing on any buy / sell order … try again. 


BOE up today … let’s see how they disappoint the market, cuz that’s what they

usually do … more importantly, how does the spillover affect the major cross

EURGBP and its affect on EURUSD? … in a little bit, we find out.


Well, that escalated quickly didn’t it? … BOE surprises market with a 50 bps rate

hike [others hike as well] … and natch, after completely fucking anyone /

everyone who attempts to trade news, scumbag banks RAPE the bid / offer in

both Cable and EURUSD … now you know why I stay clear of this bullshit

… spreads blown out … now heading lower … poor BOE, they can’t ever make

the FX market happy! …. U.S. STIRS jumped as well, with the 2 YR T-Note

jumping up to 4.78% before falling back … as for EURUSD, it’s a fight for

control over the 1.10 level, with multiple month highs seen up at 1.10950 … so

far, this surprise announced rate hike by the BOE is not denting EURUSD via the

EURGBP cross, which is holding up near its high for the day … kinda surprised

at this, but then again like I said, the BOE has a very long history of being

shunned by the FX market, and its central bank is viewed by many as filled

with financial “Pikers” … hey, it is what it is!


The “Scumbaggery & Fuckery” is still being felt some 10+ minutes after the

BOE announcement … EURUSD is back to normal with a 0.1 - 0.2 spread, but

every other FX pair is getting blown out, with the crosses particularly FUBAR

… looks like the FED has come in and lowered STIRS with a little yield curve

control [YCC] of their own … 2 YR. T-Note now down to the 4.73 level … the

level of LP thievery at moments like this is inexcusable, but until any of ‘em

actually go to jail over it, nothing is ever gonna change … ever.


“Stock Bellies” not liking this worldwide push to higher rates, as Europe leads

the parade right along with the ChiComs in pushing the entire world into a

DEPRESSION … higher rates will only kill private demand, and thus slightly

lower inflationary levels at the margin … however, what escapes these Dimwits is

that MONEY PRINTING VIA THE CNTRL-P machine to fund governments never

ending thirst for cash IS THE REASON FOR INFLATION … so until that happens,

this “pipedream” of getting inflation down to 2% is nothing more than pure

propaganda … they’re hoping a DEPRESSION will do the trick, but remember

… “NEVER let a crisis go to waste!”


Spicoli over at the Clown College, retarded kittens section, for more useless

testimony pandering to the likes of Liesman on North Korean biz news channel

CNBC … before that, jobless claims which lately have been a mess … and in the

never ending soap opera of the D.C. Swamp, has Biden taken any more bribes

from foreign nationals? … asking for a friend, where do people sign up for free

money wired into their checking account, or a shell company, for doing nothing?


Jobless claims continue to create havoc in FX, this day no different, as another

FUBAR reaction hits the tape and shorts panic … how convenient for scumbag

banks to get all that they bought on the way down, suddenly turn a profit they

can sell with abandon into make believe numbers government has no clue if they

are accurate or not … you just have to sidestep this bullshit if you’re a trader

… it’s bad enough as is, but this makes it swimming with alligators and piranhas.


“Stock Bellies” set to open at the criminal, money laundering NYSE in less than

an hour, and EURUSD diddle farts around in a 25 PIP [from the tips] range from

Hell … welcome to scumbag bank Hell … maybe Spicoli will shake things up

coming up at 10 AM EST with the retarded kittens … granted, he testified with

the “fighting squirrels” yesterday, but he isn’t above putting both feet in his PIE

HOLE and creating chaos in markets.


If you like bucket of shit markets, you’re in luck today! … EURUSD doing it’s best

to imitate being closed for trading, while the other pairs jockey around to see

which one gets raped the most & hardest by LP’s on either bullshit rumors or

order flow from somebody that panics … Up / DOWN, take your pick

… meanwhile, ranges so pathetic and tiny it defies belief given the news flow

… killing VIX, it’s what manipulators do when they want to inflict pain on specs

of all stripes … today’s buffet of indictable offenses offering a full range of “WTF

was that?, from unbelieving traders as they get hosed once again.” … these so

called “markets” [cough, bullshit, cough] are simply sickening.


However, once Spicoli took to the microphones, things picked up rather

dramatically … Bitcoin disappointment as a crypto merger fell through, spoiling

a run through 30K … “sticky high” STIRS continue to plague FX, as the major

pairs have found out today … only “Stock Bellies” which live and breathe in

fantasyland go higher, cuz as we all know higher world wide rates are good for

“Stonks”, right? 


I haven’t written about Miss Gimpy lately, but she’s been tearing shit up at

IQCENT, either in BTCUSDT [Bitcoin] or EURUSD … A LITTLE OVER A MONTH

AGO, I sat down with her and gave her a scalping algorithm [her desired style of

trading] I developed specifically designed ONLY for either Bitcoin, cuz it’s bat

shit crazy [BSC] OR EURUSD cuz it’s on the other end of the trading spectrum

… for different reasons, it works “lights out” better than exceptionally well in both

pairs … BTC cuz it’s nutz, and EURUSD cuz the bid/offer spread at IQCENT is 0.1

or 0.2 PIPS, there’s no commission, NO SLIPPAGE, and margined leverage is

500:1 … in BTC the spread is 1 cent, there’s no commissions, but the downside

when it’s not moving is that its margined leverage is 10:1 … but if it’s moving,

there isn’t a better market to trade with these conditions you can find anywhere

… and with EURUSD, the much higher leverage can make it as aggressive as

you want, EFFECTIVELY TURNING IT INTO BTC IF YOU DESIRE … quite frankly,

she desires it!


In a nutshell, here’s the scalping algorithm designed SPECIFICALLY FOR

BITCOIN AND/OR EURUSD … use it for any other market and I can’t vouch for it,

not cuz it might not work, but only cuz I only got so much time, I can’t look at

everything under the sun.


  1. Hull MA color, period 60, [“Download Links” in mql4 2 file],

  2. Uniform Fisher Transform, parameters are 10, 5, 3, [“Download Links”  mql4 2 file],

  3. VIDYA CMO 1.1, parameters are 4, 2 [in “Download Links”].


Use whatever colors you want, but on the EURUSD example below, HULL60 has

blue for up slope, pink for down slope … Fisher has green and red, with levels at

1.75 and -2 … VIDYA CMO 1.1 has green UP slope, RED down slope … be long

when HULL60 is blue, Fisher has green over red, AND Vidya is green … be short

[if desired] when HULL60 is pink, Fisher has green under red, AND Vidya is red

… over bought on the Fisher is at level 1.75 or higher, and oversold is at -2 or

lower … use accordingly for liquidations. Directly below the screenshot from

EURUSD from today.



click on chart to enlarge

No trades today for the PAMM … however, I did trade the special algorithm the

entire day many multiple times in EURUSD at IQCENT … “The Syndicate” UP

APPROXIMATELY 2.6% … and starting with tomorrow’s trading, I’ll be doing it

at Coinexx for the PAMM … today saw NO SLIPPAGE whatsoever on fills, paid

ZERO COMMISSIONS, and had 1 tenth of a PIP bid / offer spread pricing most

of the day outside of the idiot reports and Spicoli’s testimony … I don’t expect

perfection from Coinexx, just fair pricing with no mystery tick bullshit they are

infamous for … and I’m not saying every day we’ll get percentage points of profit

either … it is what it is, I’ll just follow the special algorithm … for “The Syndicate”,

I can make money any day of the week trading Bitcoin with their superior trading

conditions … all I need is some VIX … with EURUSD, the special algorithm will

work even in the deadest of conditions, but with more VIX it gets better yet

… onto tomorrow!


… 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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