SUNDAY UPDATE: DELUSIONAL REALITY, THEN THERE’S CRYPTO

 

“It’s EVERYWHERE in financial markets … know the reality, then defeat it!!”

I’m gonna start with traditional markets and work my way over into crypto

… there is no bigger “delusional reality” than “Stock Bellies”, with FED

manipulation via the “Plunge Protection Team” [PPT] when banks get stuck

long futures and need a little help from central bank Apparatchiks … then there’s

the scam of “corporate buybacks”, pumping “Stonks” [the right ones] higher

cuz it reduces the float of stock outstanding, thus raising EPS [earnings per

share] while directors sit and do not a “Hoover Dam” thing, white their stock

options shoot ever higher … biggest Elitist scam going, and totally sanctioned

by the Lounge Lizards at the FED! 

In no way, shape, or form are any of the 3 “Stock Bellies” markets even close to

representing the Banana Republic economy, future earnings that are

intentionally “low balled” by “expert” analysts so they always beat expectations

[just another Wall Street scam], it’s simply a financial derivatives shitshow circus

of monetary manipulation, where Lounge Lizards manipulate rate hikes / rate cuts

“blah blah, yada yada” for the benefit of major scumbag banks on Wall Street

… when these unethical, moral hypocrites & liars retire, where the fuck do they

show up for the “quid pro quo” payoff? … that’s right, on Wall Street somewhere,

getting 7 digit “compensation packages” for their prior “grift” to their masters

… on the other side of the coin so to speak, there’s the ever present sell side

manipulation by the FED via the “”Rally Protection Team” [RPT] to suppress

gold prices, whereby they use the CNTRL-P machine to create fiat they use to

sell futures and options in massive quantities … and since there’s no

accountability OR ZERO transparency, nobody really knows the extent of the

gold market losses the FED is sandbagging on their balance sheet, but it is

generally believed by many gold analysts that it’s in the HUNDREDS OF

BILLIONS OF DOLLARS OF LOSSES … AND GROWING THANKS TO THE

EFFORTS OF THE CHICOMS IN CALLING THEIR BLUFF!

One of the big problems traders face when they try and analyze any of the

traditional markets on the MT4, is that VOLUME stats are skewed by institutions,

hedgers & dealers … only the banks keep the spec figures to themselves and

we ain’t ever gonna get that information cuz it’s proprietary to the bank and they

use that to manipulate order flow to their “bigly & yuge” advantage … only with

a little logical deduction can we ever hope to get close to the truth of what specs

[and ONLY specs] are doing at the moment in real time … it’s a big problem for

traditional markets, but since crypto pairs are almost 100% spec driven &

oriented [no banks, just “arbs” that reflect spec order flow … they ain’t there to

speculate on where price is going.], volume stats at major crypto houses can be

very valuable indeed!

For “arb scalping” on IQCENT, or simply scalping and/or day trading, you have

to have another major house providing accurate up-to-the-second market

bid/offer data [e.g., Binance or Phemex] for crypto, and if your trading traditional

markets at IQCENT [e.g., EURUSD], a house provider with ZERO SPREAD or a

place like Coinexx, which has a very tight spread, OTHERWISE YOU COULD GET

SCREWED ROYALLY BY PAYING A “BIGLY & YUGE” PREMIUM, to where the

market actually is at … I only use IQCENT for their “tick chart”, so I can see the

bid/offer, and where their very latest quote is at, and order entry and liquidation

… I don’t use IQCENT for charts … cuz of their “premiums & discounts” to price,

if you only use their charts you will get inaccurate information, as well as the

fact you could end up buying premium and then selling a discount, or vice versa.

Starting today, I’m changing the “arb scalping” and/or scalping & day trading

algorithm to reflect volume [MA VALUE = 10], and I’m changing the parameters to

reflect faster changes in market sentiment, especially crypto … the “TEMA”

[White line] goes to period 13, the the “EMA” [Aqua] goes to period 7 … directly

below, on the “Gann Square of Nine” [So9], you can see that the relationship flips

90°, from a 45° conjunction / opposition straight line [9 & 17 cell values], to a 135°

conjunction / opposition straight line [7 & 13 cell values].

click on ANY image, chart, or table to enlarge

I alluded on Friday to the PAMM going back to the NDX100 … that’s not gonna

happen … upon some analysis & reflection we’re sticking with Gold [XAUUSD]

for 2 big reasons … 1) we’ve finally got gold over 2K, and it looks favorable for

further range and VIX values to go substantially higher … in other words, gold is

finally reflecting the reality of the Banana Republic being on a PAR with the

Weimar Republic circa 1920’s, along with Venezuela & Zimbabwe … the ChiComs

are calling the Lounge Lizards bluff, and world central banks are noticing!

… physical gold markets in Moscow, Shanghai, & Singapore are trading at

substantial premiums to the “paper manipulation” scheme of the current gold

cartel of “COMEX / LBMA / FED” … the proverbial writing is “on the wall” for

this cartel to meet its demise! … and 2) volume figures, which I’ll show for gold

in a second, are more accurate than any of the other MT4 markets!

Currently, on this side of the globe, and via offshore brokerage houses

[e.g., Coinexx], gold can be trades in one of 3 forms … 1) regular COMEX futures

[1 lot volume = 100 oz. … 2) “MICRO” COMEX futures [1 lot volume = 10 oz

… and 3) LBMA XAUUSD [spot gold, 0.01 volume lot = 1 oz. … and on the

Coinexx MT4 platform, Coinexx uses #3.

From the CME Group, directly below are first the regular futures “volume & open

interest” through Friday’s close on December 1 … right below that are the same

stats for the “MICRO” futures contract … [the “MICRO” contract a direct

response from the CME to all of the traders who trade gold offshore in 1 oz.

increments … they don’t like losing business, but if you trade in the U.S., you’re

inviting government scrutiny and problems for yourself.

If you study these figures, you’ll notice that for regular futures, volume and open

interest [OI] are relatively steady through all of gold’s up / down movement

[note: volume & OI are down from 10 years ago, when they were DOUBLE what

they are now!] … that’s cuz almost NO SPECS TRADE THE BIGGER CONTRACT

… it’s LBMA members hedging, CTA’s [commodity funds] buying / selling, hedge

funds, and the ChiComs buying to either take delivery or using the EFP [exchange

for physical] portal to get physical within 48 hours … whatever, it’s constant.

A different story in the “micro” contract, which is almost 100% spec futures

traders in the U.S. [what idiots!] … with the gold runup in the last week or so,

look at how OI has dropped substantially from prior periods! … position traders

have taken their profits! … “micro” represents about 10% of the regular futures

volume, and it’s where the specs are … and it’s at that margin where volume

figures on a shorter time frame [MA = 10m] can DIFFERENTIATE what specs are

doing versus the ebb & flow from the bigger boys who dominate the regular

futures … directly below, from Friday, gold with 1) the vegas code for

support / resistance, 2) TEMA [white line, period 13] & EMA

[aqua line, period 7, H/L2], and 3) volume figures [LIME UP VOLUME, RED

DOWN VOLUME] with 10 period MA of volume [orange line].

Lime volume spikes ABOVE THE ORANGE MA LINE after runups in price almost

always signal a short term top … lime volume spikes above the orange MA line

after a decline in price are bullish, but you need confirmation from a TEMA / EMA

crossover … Red volume spikes ABOVE THE ORANGE MA LINE after declines in

price almost always signal a short term bottom …  red volume spikes above the

orange MA line after a runup in price are bearish, but you need confirmation from

a TEMA / EMA crossunder … there aren’t any “arb scalps” for gold, but for either

scalping from the long side or day trading, this is the kind of information you

need for good trades.

Same things apply to crypto … directly below, algo and volume IN SUCCESSION

for ETHUSDT, BTCUSDT, & MATICUSDT … here, the difference is “bigly & yuge”

from MT4 markets cuz the volume surges usually come from the Spec community

of traders [who I shouldn’t have to tell you are almost always wrong!].

The volume stats will help identify “arb scalps” at bottoms when you get a

“bigly & yuge” red spike in volume that’s clearly above the orange MA line.

Another market where I’ve identified “arb scalps” is on the MT4 in the NDX100

… at IQCENT, their NDX100 CFD trades between -16 to + 10 index points from the

bid/offer at Coinexx [normal difference is around -7 to -3 index points] … Coinexx

has a very tight “quoted” spread of 0.8 index points [not that you’re ever going

to get that, cuz slippage they’ve built into the quote can be anything from 1 to 5+

index points … yea, they’re that big of thieves and scumbags, but I’ve known that

for a long time in their “Stock Bellies” CFDS … the advantage here is that the

leverage for trading the NDX100 at IQCENT is 500:1 for margin purposes

… enough rope for anybody to hang themselves!

Directly below, the 20 Day & NY SESSION Range MA & MEDIAN values for the

upcoming week for selected markets.

Onto the week! … “Giddy up GOLD!” … OUTTA HERE … “The future’s so bright

I need 2 pairs of sunglasses 😎😎, and my own Brinks armored truck” 💓!!

… Onward & Upward!!

-vegas

P.S.

The MT4 volume for charts stinks … over in “Download Links” is

“volumeMA.mq4”, which you can download and install into your MT4 … it’s

much better and allows for a volume MA … in the “Colors” section, RED is

first, followed by LIME, and then ORANGE on the bottom for the MA … enjoy!