In the present world of “Risk on / Risk Off” [RORO], promoted by the ChiComs,
FED manipulators, and “guru’s” everywhere, either the USDJPY pair or any of its
myriad of crosses, will follow “Stock Bellies” to some degree of correlation
… and to that end, USDJPY, EURJPY, GBPJPY, etc., follow the same bottoming
patterns “Stock Bellies” do … the very best, the failed double bottom, whether it
be short / equal / or slightly below the old bottom minutes prior … you see this
when [this is my color scheme] VIDYA 9 IS WHITE [down slope] on the left side of
the potential double bottom, and then when the double bottom fails, the right side
gives the buy signal and the VIDYA 9 changes from White to Aqua… you won’t see
in an uptrend when the VIDYA 9 IS AQUA [up slope] … in up slope environments
it’s “V” bottom on the correction and it’s off to the races … the train is leaving the
station and there are no second chances.
Let’s take a look at some charts from earlier today, from the European open
… first up is USDJPY, with the best example of the day of a failed double bottom,
and it happened right at the RM=1 support level … and the banks caught the
shorts napping.
Here’s a screenshot from GBPJPY in an uptrend [VIDYA 9 IS AQUA], where
price corrects lower, the UFT goes LIME under RED, and when LIME goes over
RED, there’s the signal to buy … note, there’s no double bottom here is there?
What kind of “Scumbaggery & Fuckery” will the Lounge Lizards come up with at
2 PM EST, and what does Spicoli say at his presser [which is more important]?
… everybody and their pet monkey looking for that “soft landing” scenario where
we get a hike today of 25 bps., and then it becomes “data dependent” [code for
we have no idea what we’re doing] and we’ll see … but is this “goldilocks
scenario” baked into the cake already?, and are we gonna get “who cares” let’s
BUY MOAR!, or is it “buy the rumor, sell the fact?” … we’re gonna find out later.
Over in “Download Links”, is a pdf titled “The Creature From Jekyll Island”, a
book written about the creation of the FED … most people have no idea how
Satanic the FED is, or the motivations behind how it was created and foisted
upon the Sheeple of America by the idiot Dupe Woodrow Wilson … and most
don’t know the dirtiest secret about the creation of the FED at Jekyll Island
starting in 1910 … for those that don’t want to read, check out the 9 minute vid
link below, and find out the awful shocking truth about the Rockefeller’s, Jekyll
Island, and the creation of the FED … and you wonder why the country
can’t last?
https://www.youtube.com/watch?v=19Gz9Ox6WYc
Well, there ya go! … nothing unusual about today’s criminal, money laundering
NYSE open except the DOW skyrockets and the NDX plunges … just your typical
money laundering exploits from those who got the stock and need to get it into
the hands of those they owe it to … you know, for “biz” reasons … and the
scumbag Wall Street banks happily provide the service! … for a fat price
don’tchaknow? … and when you come to understand who really benefits from
the almost daily criminal “Chipmunk feeding” [it ain’t the public that’s for sure],
you’ll understand why it’s allowed to happen so frequently … in other words,
“nothing to see here Sheeple, move along!” … what an embarrassing joke this
casino has become … and yet, nobody in the financial MSM EVER asks any
questions about it, or talks about it … almost as if it was “banned conversation”
… and quite frankly, it is! … cuz if you bring it up and start asking “inconvenient”
questions, you’ll be out of a frickin’ job and won’t even be able to be a greeter at
WalMart.
Never in my entire trading career, have I ever seen such a large discrepancy
between the DOW30 and NDX100 … just cuz one is going up, doesn’t mean
Mr. Jack “Diddly” Squat any longer … trade what you see, not what you think!
… if the DOW30 closes higher today, it would be the 13th day in a row … that’s
only ever happened one other time in history, and that was in January, 1987
… we all know what happened after that later in the year.
I wonder what makes Spicoli and the other Lounge Lizards “sweat bullets”?
… maybe it’s the chart below.
And if we do get the “higher for longer” bullshit, that spike will only get worse
… goodbye dollar, hello gold & crypto … and “Stonks”? … who knows? … but
the bottom line is simple … RATES COME HELL OR HIGH WATER HAVE GOT TO
COME DOWN OR ELSE THE GIG IS UP FOR THE BANANA REPUBLIC! … interest
costs projected in the TRILLIONS!! … inflate all of the bubbles! … it’s their only
choice outside of a real DEPRESSION AND REVOLUTION! … and gold sits at
around 1975 through it all, having survived quite well the historic rise in rates
that almost always spells doom & gloom for price … and here in the near future,
dunno quite when, but it’s a certifiable certainty that gold skyrockets into a new
level from which ranges and VIX go ever northward … it simply needs to see
more consistently higher ranges, and it’ll get that when price goes through
2100+ … and with the BRICS meeting here shortly to start their new GOLD
BACKED BRICS currency, that could come a lot sooner than people expect
… get the “vegas gold mql4 code” and get ready to trade gold in the near future
… like I said, it just needs more consistency in its ranges, where currently the
NY session range is around $16 - $17 dollars … quite frankly, that ain’t good
enough … given XAUUSD bid/offer spread around $0.20 - $0.28, and then any
commissions [if any], it needs to see above $25+, and more favorably for traders
above $30+ on a consistent basis … once we get that and it’s off to the races
northward, more than likely gold will be the PAMM’s primary trading vehicle
… it’s very good when it’s active and volatile … it ain’t very good when it’s not!
… [check out the m1 with gold on the candlestick chart, and install the “vegas
gold mql4 code” … the signals are very good, even with shit ranges … imagine
how good they are when it's volatile?! … I’ll highlight gold in tomorrow’s blog
with the “vegas gold mql4 code” on the m1 … stay tuned!]
I had hoped to catch one or more of the double bottoms this AM in the NDX100
… unfortunately, neither near the open or later after the “Thelma & Louise” to a
new low, did we get anything remotely close to a double bottom … we got a “V”
bottom twice … OK, it happens, not every single bottom is gonna be a failed
double bottom, just most of ‘em … my best guesstimate is cuz of the fact that
the session range is small, and going into the afternoon trading will slow to a
complete stop ‘til the 2 PM EST clusterfark of price fireworks … for those trading
the DOW30, which acts like it’s never ever going lower again, there was a failed
double bottom that fell short at the same time the NDX100 was hitting its low … so,
one had it and one didn’t … now we wait for the Lounge Lizards cuz there’s not
enough time to trade, if given a signal, to maybe be given a decent trade given
the situation … and nobody wants to be hustled into a trade cuz of what some
bank LP is doing.
No surprises in the release, just the usual pre-planned scam of up/down to kill
the “news traders”, who somehow think they can outrun the scumbag banks
… now for the presser … and we had to wait almost 3 whole days for this shit?
… but like I showed before, rates either go significantly lower here pretty quickly
or the gig is up … you can’t keep borrowing TRILLIONS and then pay TRILLIONS
MORE FOR INTEREST EXPENSE … will Spicoli go “higher for longer” in his
presser? … if so, nobody will believe him!
Well, mission accomplished! … panic buying on the first leg, followed by panic
selling on the second leg … what can be better for a scumbag bank, amirite or
amirite?! … and this is why I [almost] never follow any of these Dimwits into
battle … if your counting on Spicoli to make you money, look for a new
profession! … no trades today in this comedy clusterfark … hopefully, normal
conditions return 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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