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