Get ready for roller coaster rides of your life in these so called “markets” [cough,
bullshit, cough] … the casino’s unquenchable thirst for your money grows ever
greater with each passing day / week / month … I mean c’mon, there are bills to
pay, “skim” to pay out to POLS, Apparatchiks, regulators, and general
“Scumbaggery & Fuckery” from the Wall Street crowd so Fucktoids like J. Dimon
can pocket $100 million+ from criminal trading operations at JPM … and have
you seen the cost of “doing business” overseas in places like the shithole
known as Ukraine? … Whoa!, the cost of bribery there is out of control … natch,
POLS solution to this is to make sure the Uniparty supports more war, & and by
proxy billions in free shit weapons systems … it’s always been the preferred
solution ever since they wasted [whacked] JFK back in the day … since then,
the “Deep State Military Industrial Complex” demands ever more … and now
that Der Fuhrer has signed the $4 TRILLION DOLLAR “shove money down a
rathole for nothing” bill, the Sheeple of the U.S. get to pay the freight.
Screaming markets up, and then screaming markets down … rinse, repeat,
anybody see a pattern of criminality here besides me … pick your poison, gold
being a perfect example of schizophrenia “scam the specs” trading, but
USDJPY a close second … natch, nothing says buy MOAR! “Stonks” than
interest rates skyrocketing, inflation still out of control no matter what the Liars
in government tell you, and every business metric going to shit in a handbasket
rather quickly under the fearless guidance of Der Fuhrer, who doesn’t even
know what day it is or how to spell his name … worthless jobs numbers wholly
made up from the Ether, and my my isn’t it good that Applebee’s & Chili’s can
hire so many waiters, waitresses, and bartenders?
When you look at the bigger macro picture, all of FX should be all over the place,
with a bias towards a lower dollar … but swap lines and manipulation from
central banks have turned FX into “grain spreads” … excluding USDJPY cuz they
are insane, any look at the daily, weekly, or monthly charts of the other FX dollar
pairs and you’ll see declining ranges and declining VIX … as I said the other day,
Cable isn’t “The Widow Maker” any longer, and hasn’t been since the BREXIT
days … that title has been given to USDJPY … Cable now trades more like a
JULY / NOV soybean spread … most times docile with some movement, but
occasionally bat shit crazy [BSC] off of econ reports or “mistress talk” from one
of the Wimps running the BOE … granted, Cable is a third world so called major
currency pair … the country is on a par with Zimbabwe so that should in theory
keep the FX pair somewhat volatile … trading wise, it has comparable trading
conditions like USDCAD, but with a tad more VIX.
You wouldn’t know it from Friday, where after the bullshit jobs numbers, and the
banks screwed specs trading news, Cable went straight down the rest of the day,
in sympathy with the rest of FX pairs and gold … the “word” going out from on
high at the scumbag banks, that the jobs numbers didn’t matter but what did was
the unemployment rate increase, the largest seen since the 2020 COVID HOAX
… that didn’t seem to matter to the bond market, only everything else … see how
this works? … what, you didn’t get the email from JPM? … none of it makes
ZERO sense, but since when does that matter to manipulators? … don’t worry,
North Korean business news, a/k/a CNBC will set you straight as soon as it’s
finished and a trading desk like that from JPM is positioned right for the spec
onslaught … never mind it’s a pile of horseshit propaganda … there will be
plenty of speakers from Fuhrer Biden’s Goebbels Ministry of Truth &
Propaganda to show you the way too ruin … enjoy!
As I’ve said before, there are a host of things one needs to figure out before
making money from trading … most Sheeple think picking the market is of little
importance … quite the contrary, it’s a B.I. Itch subject to IMMINENT change and
you have to be ever vigilant regarding trade conditions AND VIX … in good
volatile markets, a lot of trading sins can be masked and glossed over, but when
conditions wane, oh boy the bill comes due! … I’m still amazed, and can’t quite
figure out why Coinexx [the merger of Coinexx with Turnkey Forex] can host
above average to excellent FX dollar pairs [excluding USDJPY], and at the same
time be so horrifically terrible with their energy & “Stock Bellies” CFD’s
… seriously, WTF!? … with crypto going back into “nuclear winter” [so it seems
and feels like], and the daily & session ranges for Bitcoin getting monkey
hammered, “The Syndicate”, where we trade at IQCENT, switched from Bitcoin
over to FX [EURUSD AND/OR GBPUSD], AND “Stock Bellies”, more specifically
either the “Spoos” [SP500] or DOW30 … and I haven’t had any spread problems
or slippage problems on fills … what I see is what I get! … for the most part
that’s true at Coinexx in EURUSD and/or GBPUSD … it most definitely ain’t
true in everything else!
More than other markets, Cable and EURUSD have morphed slowly into choppy,
tradeable markets, with only a low percentage of the time going straight up /
down … Cable gives slightly more VIX, so I prefer that … but in addition to very
low spread, what I’m looking for are tradeable corrections where the alternative
trading algorithm gives buy/sell signals that can be capitalized upon … but the
key here is defining what a “tradeable correction” is … well it ain’t 3 PIPS! … you
have to be careful here cuz you need enough of a cushion in the move to be able
to be wrong AND STILL MAKE MONEY! … that’s key! … unfortunately, we didn’t
get that in Cable on Thursday as it skyrocketed UP, and we didn’t get that on
Friday as it got monkey hammered DOWN [welcome to the roller coaster!] … but,
most of the time we’ll get it … however when we don’t get it? … well, you got to
sit and be patient & disciplined … nobody in this game gets their cake and gets to
eat it too … there are limitations to everything and every model or algorithm.
If you take the time to analyze markets volume & liquidity, one of the main
advantages of trading dollar FX pairs is that you as a spec can do whatever size
you want without worry it affects the market … the same most definitely can’t be
said of trading the “Stock Bellies” CFD’s … so even if conditions deteriorate
slightly in FX in terms of ranges, that can always be made up by aggressive
traders by increasing trade size … you can try and do that in “Stock Bellies”, but
I’m here to tell you it ain’t gonna be pretty! … of course the kicker at IQCENT, is
that for margined accounting purposes, leverage in both EURUSD & GBPUSD is
500:1 … Yup, that’s a lot of rope for you to hang yourself with, but on the flip side,
if it starts galloping in one direction and you’re on for the pony ride, additional
positions to make a killing are in sight … quite frankly, it’s just another reason
to be trading at IQCENT!
Directly below, this week’s 20 Day Range MA’s for selected markets.
Onto the week … 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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