THE STENCH OF “STOCK BELLIES” IS UPON US

“Find the market, then beat the Hell out of it!!”

I sent the emails with receipts, then they tried calling me … I refused to answer

… fuck ‘em, I’m tired of being lied to by thieving Assholes … and thus ends the

crude oil experiment cuz you can never trust ‘em … onto “Stock Bellies”, where

the stench of manipulation in the morning reminds me of “victory”.

The “rate hustle” is fully upon us, and along with out of control federal spending,

will be dominant factors going forward for “Stock Bellies” … and while I’d rather

trade the “Spoos” versus the DOW30, we don’t get enough of a decent spread for

me to do the “Spoos”, and I’ve found in the past that each time I ventured into the

“Spoos” I regretted it cuz slippage was simply horrendous … and so, onto the

“tulip bulbs” in the DOW30.

Unlike EURUSD, which is a scalping market if there ever was one when conditions

are satisfied, that’s not entirely the case with DOW30 … I start with the m15 and

Supertrend [4, 1.3], with aqua uptrend and white downtrend … since DOW30 is in

the “88/6/6” paradigm, I want to trade it from the long side only … therefore, I want

the m15 showing me aqua trend, and from that I move over to the m1 where VIDYA

CMO [7,2,median price] replaces SuperTrend and the stochastic oscillator [MT4

default settings] is on the bottom of the m1 … and it is from here I make the

DOW30 long trades … more on this on Sunday’s blog update.

No trades for the PAMM today, as the entire NYSE day has seen the m15 in

white territory on the m15 … and when the wind isn’t at your back in DOW30,

entering tiny scalps makes ZERO sense … better off in EURUSD, cuz you really

need MOMO & FOMO going for you when long, and the entire day has seen

price do nothing but go lower … now into late afternoon, I don’t need end of

quarter, end of month, on a Friday with a trend change and no real time to let it

work or develop … not that it can’t, just that it’s low probability … we’ve seen the

“Plunge Protection Team” [PPT] work its magic late in days before, but it’s not

something I want to have to have to count on to make a trade work … it also

looks like ranges are expanding some, which is good going forward … over

@ IQCENT some EURUSD scalp trading on light volume and “The Syndicate” IS

UP APPROXIMATELY 0.2% … a rather pathetic range day in FX … until Sunday’s

blog update.

… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!!

-vegas

TRADING “THUGS & DICTATORS” MARKETS

“Forget school … your real world education starts right here with this market!!”

How often have I said on the blog, that if crude oil could ever get a STEADY &

CONSISTENT 1 - 2 PENNY BID / OFFER SPREAD, I’d drop everything else and

trade it? … well, knock on wood just in case & throw some salt over your

shoulder, cuz I think Coinexx has finally found a single HFT LP, or maybe a small

group of ;em, and for over several weeks stretching into months with decent

price movement, has kept the WTI bid//offer spread fairly consistent at 1 - 2

cents per bbl. ,,, sure, there’s the occasional news report or oil inventories that

sees spreads go out for a couple of minutes, but that happens everywhere in

everything, so that shouldn’t be a surprise.

Blow off to the upside last night starting with Mrs. Watanabe & Gal Pals, and that

has led to a massive reversal down [so far] of about $2.50 … and while demand is

rather inelastic, although slowly growing especially in Africa, OPEC+ learned its

lesson about excess inventories with the COVID hoax, and so the

“Thugs & Dictators” that make up OPEC+, including Vlad & crew, keep a sharp

eye on supply and are making sure the world knows supplies are very thin

… they ain’t gonna get caught again!

But, like all good things in “theory”, there’s the practical side of things, and on

the practical side of things you have the fucking thieves at Coinexx who control

the execution of the theory … and quite frankly, THEY SUCK … “I KNOCKED ON

WOOD! … it didn’t work! … it’s all an illusion, an elaborate show for the unwary

… Fuck that! … that 1 - 2 penny spread that’s quoted, is nothing more than a

bullshit “variable bid/offer spread game” … with delays in latency which is

inexcusable unless you’re looking to screw somebody, the actual spread is

somewhere between 3 & 5 cents, sometimes more if the market is moving and

you want in or out … well, that was quick and there’s nothing to do but move

over to DOW30 where the spread is 2 index points, and has been there for quite

a while … welcome to trading when you’re dealing with crooks & thieves, and

trying your best to figure out where you get screwed the least.

And speaking of crooks & thieves, none better than the manipulators over in

“Stock Bellies”, so the “Thugs & Dictators” crown works there as well in

describing the FED Lounge Lizards and the “Plunge Protection Team” [PPT]

… nobody but nobody beats the Banana Republic when it comes to corruption,

money laundering, and of course manipulation of financial markets.

The “big IF” in moving PAMM trading over to DOW30, while we wait for gold to

someday get its shit together, is the amount of slippage on fills from most likely

“bogus / phantom” bid / offer quotes from Coinexx … we’ll find out, but it can’t

be worse than what they stuck us with on the crude oil trade … simply thieves

who should be in jail, but we already know how that story goes and plays out.

One trade in crude oil today … PAMM UP FRACTIONALLY … what an absolute

butchering of entry & liquidation, proving beyond all doubt what a scam 1 - 2

cent spread pricing is at Coinexx … over at IQCENT, “the Syndicate” grinding

out shiploads of EURUSD trades, and we’re UP APPROXIMATELY 0.4% on light

volume … onto tomorrow.

… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!!

-vegas

LET THE MARKET “PUKEFESTS” COMMENCE

“When the whole fam gets long gold!!”

Amazing what high interest rates will do, huh? … let the “pukefests” commence,

and nowhere is this more pronounced than in gold, where for 50+ years our

favorite pet yellow rock turns money into dust … why should this time be any

different? … meanwhile, the Saudis & Vlad have figured out how to squeeze the

West for higher oil and are doing it quite well … can you say “stagflation”?

And of course, when gold gets monkey hammered, here comes the new HFT LP to

jack the spread higher … so today sees 5 - 7 cent spread become 7 - 40+ cent

spread depending, although it’s come back near to the new normal … buy a

spike up, and you ain’t gonna like what happens next … very disappointing but

not totally a surprise either … scumbags, top to bottom.

At least so far, I don’t think gold is there yet to be a full time scalping and/or

trading market … still too many problems, not the least of which is very

inconsistent VIX, and now spread game pricing rears its ugly head again

… and up & until we get SHTF and economies start collapsing, nominal rates

cuz of government borrowing demand isn’t gonna let that happen for rates

to collapse.

But through all of this market bullshit we’ve seen the last few months, from the

end of Summer and now into Fall, one market hasn’t disappointed nor given to

bullshit spread games, and that’s crude oil … I wouldn’t consider crude a

“scalpers” market unless you had steady 1 cent bid/offer pricing with very low

commissions or a “Trading Ratio” [TR] over 7+, but it’s definitely a “swing” or

day trading market … I’ll give credit where credit is due, and Coinexx seems to

finally have found decent LP’s [or one LP] for crude oil … 1 or 2 cent spread

makes it viable, and it appears from the data that 20 Day Range MA’s are starting

to pick up … even with a 2 cent spread, today sees a [TR] = 5+, which is

excellent … today also sees a nice move higher with no attendant bullshit blown

out spreads, unlike the move lower in gold … bottom line is, time to move back

over to crude for PAMM trading.

No trades for the PAMM today, but tomorrow sees us back in oil where the ranges

are picking up some steam, so I’m hopeful the trading action remains active

… over @ IQCENT, “The Syndicate” via a boatload of trades in EURUSD on light

volume, and we’re UP APPROXIMATELY 0.3% … can’t do at Coinexx what we can

do at IQCENT, simple as that … the very best conditions anywhere for scalp

trades in EURUSD, or any market for that matter … money is money, who cares

what the market is … besides, it’s all numbers on a screen anyway

… onto tomorrow. 

… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!!

-vegas

IF STUPIDITY WERE A MARKET, IT’D BE LOCKED LIMIT UP

“He got all of his bribery ideas from Bob Menendez!!”

Noted energy expert and rapper historian Joe Biden, stepped in it again calling

some rapper “boy” at a rally … won’t comment on the Bob Menendez indictment

mostly cuz him and his deadbeat, drug addicted, dumbass son are guilty of the

same crimes … if these two are the best that the Elite Globalists can do to run

things, then 1) the Banana Republic is screwed, and 2) societal ruin ain’t far

behind … supposedly, 81 million of you Fucktoids voted for this Dipshit … enjoy!

Markets [cough, bullshit, cough] are in a state of rate shock … but no worries,

the FED Lounge Lizards will engineer that DEPRESSION and get rates down if

they have to burn the country down … but what gets in the way is that pesky

necessity of borrowing money you don’t have and paying interest on it in

perpetuity … “The Deep State” has burned through $1 TRILLION DOLLARS in

less than 4 months! … gold sits and/or gets monkey hammered lower cuz

1) FED sell side manipulation, and 2) higher rates almost every frickin’ day

provide pressure … on the bright side, the fastest rate rise in FED history still

sees gold above $1900 … well now, somebody is gonna lose “bigly & yuge”

going forward, and given the dynamics of world debt. POL & Apparatchik

Idiocy & Stupidity and for always doing the wrong thing at the wrong time, my

guess is the FEDS days are numbered for manipulating gold.

I thought I knew pathetic … I mean, what’s worse then what we got now?

… ranges and trading action so low it defies imagination among markets … we

had bigger ranges when gold was $400 30 years ago! … silver’s ranges have

held up remarkably well, though, but for how long? … and crypto? … WTF is

this, with a $14 range in ETH after 15 hours of trading for the day, and it never

got better … seriously FUBAR on the other side of “The Twilight Zone” … no

trades today in anything, cuz this just has me extraordinarily puzzled as to why

the lack of volatility when there’s obviously news to support plenty of it … onto

tomorrow where maybe it might pick up … then again, why?

… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!!

-vegas

THEY ARE TRYING SO HARD TO KILL THE MIDDLE CLASS

“Focused on money!!”

Will there be “stagflation” first then hyperinflation, or a deflationary crash

followed by hyperinflation? … depends on what asset class you’re in, cuz they

both can happen simultaneously … the FED Lounge Lizards will make sure to

enrich the global Elites, but with the loss of dollar hegemony and the rise of the

“BRICS Cartel”, and most likely a gold backed currency, the Banana Republic

won’t be recognizable by 2030 to anybody … the only reason no FX pair has

outshined any of the others, excluding USDJPY cuz they are insane Morons, is

cuz they all want to be at the bottom of the FX food chain and are pursuing

policies for currency debasement … and therefore, keeping this potent important

fact front & center, FX dollar pairs become scalping instruments first & foremost

and will destroy those looking to position trade them … quite frankly, only gold,

silver, crude oil, & crypto have a trading future.

Another Monday and another start of a week with shit ranges overnight, which

for Monday’s it’s Standard Operating Procedure [SOP] … it’s hard to take these

markets seriously when moves are so tiny and VIX is being manipulated lower,

and of course interest rates just keep climbing … what if “Stock Bellies” stay in

a range for 10 years and do nothing cuz of stagflation trends with ZILCH growth,

idiotic government policies ‘for the children”, the BRICS grow strong, the

Banana Republic keeps getting weaker, and the police state terrorizes the

middle class even more than now? … how do you live & improve your life then?

… I asked the same questions decades ago when I decided to become a trader

full time and told the corporate world to GFY! … living in “default mode” and

letting others tell you how to live is bullshit … unless I’m sadly mistaken, there

will always be markets somewhere to trade … always … learn to scalp, and

learn to live!

Today’s casino action sponsored by the “bond vigilantes”, cuz without bonds

going bat shit crazy [BSC], markets would be in real VIX trouble … as it was,

EURUSD putting in a halfway decent day, where up to the London FIX it had an

approximate 80 PIP range … more like this please! … meanwhile, crypto can’t

do shit, just muddling along and barely moving slightly higher today … cuz if

crypto ain’t moving, you go to EURUSD, and if EURUSD is doing OK, then stay

there … and even on pretty straightforward action to the downside from the

European open, right to a little after the NYSE open, scalp trading from the

long side provided some decent trades … directly below, some action from

this morning.

click on chart to enlarge

Trading from the long side, you concentrate on the 10 & 20 yellow bands of the

stochastic oscillator, AND THE VIDYA TURNING AQUA … now scalp from the

long side … trading from the short side, you concentrate on the 80 & 90 yellow

bands of the stochastic oscillator, AND THE VIDYA TURNING WHITE … now

scalp from the short side … and as you can see, both are profitable!

Remember, IQCENT has EURUSD with a 0.1 - 0.2 PIP bid/offer spread & NO

COMMISSIONS … Miss Gimpy uses an ingenious hedge style of trading

EURUSD here, where she gets long first, and then instead of liquidating by

closing the trade under the “My Trades” section under “FX & CFDs”, she just

sells an offsetting position … now she’s got both long & short positions open

on the platform, and she can then go to “My Trades”, where all open positions

are listed … when she eventually liquidates, there will be no lag time from the

tick chart over to “My Trades” section where the liquidation button is located

… this lag can be about 1 - 3 seconds depending on how fast you are in getting

there, and when you trade over 250,000 notional [$25 / 1 PIP], that time saved

can add up quickly, especially when EURUSD is moving … and instead of

closing the long position, she just liquidates the short, and on any bounce

she’ll liquidate that for another extra few tenths of a PIP … rinse / repeat,

what’s not to like once you get used to it?

Gold again being thwarted by rising yields, with the 10 YR. now over 4.5%

… there just isn’t any room on the upside when yields are rising … and I’m

not scalping gold for 10 or 20 cents, cuz that’s just stupid when you consider it

can go $5+ in a heartbeat on stops … hasn’t done it lately, but ranges are way

down along with VIX … actually, silver is trading better right now, where ranges

are only down slightly over the last few months … for both, there moment in the

sun is coming, and we’ll be there for it!

No trades for the PAMM today in gold, just terrible trading action, especially

when considering I want to be long not short … as I said, yields rising the

culprit, and the bounces off down moves are simply pathetic … over @ IQCENT,

“The Syndicate” trading an oil tanker of EURUSD on light volumes is UP

APPROXIMATELY 0.3% … just grinding on scalp trades generating yield while

EURUSD is in a downtrend … we’re in the 11th week in a row of falling EURUSD

price … onto tomorrow.

… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!!

-vegas