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Wednesday, June 7, 2023

MARKETS HAVE NO CLUE

“Completely dysfunctional!!”

How should any of these so called “markets” [cough, bullshit, cough] react when

the entire fabric of society is a complete and utter mess? … why should markets

be immune from the same insidious bullshit that affects everything else?

… literally very little makes any common sense for the public good, as special

interest victims groups dominate government hacks … and just like markets,

nobody has a clue … looking around the MT4 board today early, everything adrift

in bank chop bullshit … there are no vibrant markets, those have passed away

with the dinosaurs.


Perhaps the largest contributor to this mess is the fact that “the math” of

government malfeasance, stupidity, and corruption of the nation’s currency by

the Lounge Lizards at the FED has hit the point of inflection where it can’t be

ignored … spending on “stupid shit” by government, financed by the CNTRL-P

machine, to muster votes to stay in power has got to stop, but is unlikely to do

so until they’re forced out … the nation’s debt cannot be sustained, and markets

are starting to notice … loss of volumes & liquidity are the starting points, and

we have certainly seen that in spades over the last few years … meanwhile, the

country is being led by a complete Corruptocrat who can’t complete a sentence

when talking … Fuhrer Biden is a complete train wreck … when is he going out

at room temperature? … that would mean the “Manchurian Candidate”, word

salad Kammy, would be in charge and that’s scary! … quite frankly the state of

markets doesn’t look all that rosy.


Today is Wednesday, and before the gurus of FX start their “blah blah, yada yada”,

I can already hear the excuses that FX in particular is waiting for the FED & CPI

next week … “great, more speed of light … crickets bullshit on the horizon”

… can’t you guys just tell the truth for once? [well, no they can’t!] … more than

likely today will see FX chase treasury STIRS up/down the yo-yo roller coaster

… at least initially, though, Cable starting the day with a very bad “Trading Ratio”

[TR] of barely 2 … anything below 3 is not good, so 2 stinks … not really any

better in USDJPY either … under these conditions, anything places like Coinexx

throw at you with phantom variable spread bullshit and/or horrific fills off the

market, and it makes it that much more exponentially difficult to make money

… when markets are moving their tricks & criminality can be overcome … when

things slow down and the TR goes sub 3, they got you right where they want

you … as I’ve said before, the manipulators control VIX, and that very much is

to the scumbag bank LP’s benefit and your detriment … and sadly, that’s the

reality of trading today inside the casino in the era of central bank manipulation.


Am I supposed to believe the Bank of Canada [BOC] raising rates when they

were supposed to hold steady, is the reason for STIRS to go bat shit crazy [BSC]

to the upside, and thus create complete havoc in USDJPY for a few seconds?

… and once again, the banks catch specs on the wrong side of order flow and

spike the shit out of price … “gee, that hardly ever happens right?”

… Bwahahahaha! … criminals, top to bottom … and now Cable catching the

waterfall … it took a minute or two but the result is the same.


Multiple trades today in GBPUSD on algorithm buy signals … PAMM DOWN

SLIGHTLY … over at IQCENT, NO TRADES FOR “The Syndicate”, as a platform

malfunction that needed support to fix [which they did] took over 3+ hours to

solve.


A number of conclusions today after viewing the trading action … for Cable a

decent range of over 100 PIPS and yet the action literally stunk the joint up

… very INCONSISTENT VIX, where a few m1’s did OK, but far too many were

very skimpy to non existent in terms of scope of range and trading action

… which leads to the EXIT QUESTION OF THE DAY … “if the range is over 100

PIPS and it sucks this badly, how can you ever expect to see consistent VIX

going forward on less than stellar VIX days? … cuz if you don’t get it on a day

like this, when do you get it?” … as a result, in order to get the necessary VIX, we

have to move over to USDJPY and deal with the warts & blemishes there … don’t

wanna do this, but we got no choice … be careful around reports and take note

when the Lounge Lizards are expected to speak, as this market is “hair trigger”

dynamite off 2 YR. Treasury note yields … do that and events won’t blindside

you … onto USDJPY … IMHO, today proves you just can’t rely on either Cable

or EURUSD to provide enough firepower to get the job done.


As I’ve noted before, we’re all STIRS traders now, and since the bank failure

mess, STIRS have been all over the place on reports, Lounge Lizard

doublespeak, & rumors … that isn’t going away anytime soon, and nothing

reacts faster to changes in STIRS than USDJPY … nothing like kissing the pig

wearing the lipstick! … ho hum, just another DOUBLE REVERSAL DAY IN

USDJPY for fun & excitement … 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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