ABOUT TIME

 

“I think I bought the top!”

Just when I thought we were never going lower … you know, like eavahhhh 

again … along comes that stupid jobs report nd ruins everything … now, we 

can all simply wait for Spicoli to speak and tell us “Everything Is F-ing 

Awesome Baby!”, and why would we possibly even think about stopping rate 

hikes? … “well, I dunno, maybe  worldwide depression caused by you idiots”?

In any event, the correction is long overdue, and those long above 1280 these 

last days and week, getting flushed down the toilet unceremoniously … I mean, 

could we stop a sec and breath a little here? [Hint: no.] To make matters worse, 

SP500 shorts get their Cashews squeezed, thus making the decline correlate, 

which is not what gold longs want to see.

Well, at least we got a range today from the NFP report … albeit it still sucks 

in the scheme of things, but a $13 dollar move down in New York seems like 

$30 given what we’ve seen over these last extremely slow weeks. Next up on 

the clusterfark agenda is Spicoli … “how will doved-up markets react if he 

disappoints”? [And admit it, you know he’s gonna put his foot in his mouth 

and then try and backtrack.]

“Seriously, can we get a trading day that isn’t dominated by some government 

asshole and/or Apparatchik blowing smoke up his ass”? I’m beginning to 

wonder.

And with the range, we see some trades … two algo buy signals, one profitable 

the other one not … in the end a wash, the PAMM “unch-ed”… “but what 

really frosts my cupcake are the “slippage candy” fills from Turnkey … simply 

fucking terrible, as I suffered over 50 cents slippage on both buys on the way in, 

while my order was queued for about 1 second before I’m filled, so that the 

asshole scumbag LP could first make sure he ripped it to pieces … better fills 

liquidating, but still not very good … they raise the spread and still screw you 

… I’d bitch, but nobody there listens to anything, and the scumbag LP’s don’t 

give a shit”.

Let’s hope the range’s going forward stay somewhat expanded. And now that 

the “Three Stooges” are in Atlanta waxing eloquent about FED policy, I simply 

can’t take another minute of market bullshit, panic driven up/down, and gold 

not having a clue. I need some fruit juice or somethin’.

I’m outta here … until Sunday night with the update mi amigos 

… Onward & Upward!!

Have a great weekend everybody!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND

OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 

SERVICE.  DETAILS IN “DOWNLOAD LINKS” SECTION IN 

RIGHT HAND COLUMN. START YOUR JOURNEY FROM 

WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!

 

GOLD SURGES! … WELL, MAYBE NOT

 

“Well Skippy, you’re the only one left … turn the light off when you leave!”

The headline at ZH was amusing … “Gold Surges”!! As the Yen rallies in a flash 

crash last night … “yea, at it’s MAX, gold was up $8 … big whoop” … obviously, 

the 20 somethings doing copy at ZH have zero real world market experience 

with markets.

Am I the only one who is connecting the dots from yesterday’s midday 

explosion in crude oil, to hours later the USDJPY flash crash? … are they 

connected? … was there a very large hedge fund liquidation, or a government 

sponsored trading entity that went tapioca and had to liquidate? … firing 

squad at dawn? … “cuz if the scumbag LP banks picked up on the connection, 

they would be first in line to “help” the Yen covering during the quietest time of 

day … and whoever it was that got mauled, I can assure you the banks helped 

set off the liquidation fireworks, and then immediately bid USDJPY back up, and 

so made shiploads of moola on both sides … nice work if you can manipulate it 

just right”!

The regulators? … “Bwa hahahahaha … a bag full of cash in the garage 

sometime in the next day or two will answer that question … nothing to see here 

Sheeple … move along … just a little blood is all … nothing to see … Ma’am, 

please, everything is Ok …”

Which brings us to gold … “ZZZZZZZZZ” … like the kid above says to his 

Dad, “nobody will trade with me”! … well, pretty much everybody else has left.

We’re 7 hours into the day, and since the NYSE opened, gold has been in a 

scorching $3 range … really, no adjectives to describe this piece of shit, other 

than nobody cares and nobody is interested in trading it … just awful trading 

conditions. All we can do is wait.

No trades in the PAMM or C2 options signals service, simply cuz there isn’t 

anything to do … it’s pitiful.

I’m outta here … until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND

OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 

SERVICE.  DETAILS IN “DOWNLOAD LINKS” SECTION IN 

RIGHT HAND COLUMN. START YOUR JOURNEY FROM 

WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!

 

HOW DO YOU PUMP LIFE INTO A DEAD MARKET?

 

“Life in the COMEX HQ men’s room … asking the important question!”

“Well, if you can’t trade it cuz there’s nothing to do, you might as well spend your 

time in a productive manner”.

Other than that, if you want to see just how bad things have gotten in the gold 

market, compared to other tradeable markets, stroll on over to the 

traderzoocrude website [ www.traderzoocrude.blogspot.com ], and in the right 

hand column under “Download Links”, look at 2018 20 Day Range MA’s, and 

compare gold to others … outside of Copper, another metal, gold is pretty 

anemic in the volatility department … “as I’ve said before, what happens when 

other markets slow down some … how much worse can gold volatility get then”?

Cuz, to put all of this into perspective, if this is the best gold can do when 

world stock indices, FX, and energy markets are going full bore “bat shit 

crazy”, when you’d expect to see gold putting in $15 daily ranges at a bare 

minimum, what does it mean when we’re lucky to get HALF of that? … “well, 

it ain’t good, that’s for sure, and it tells me plain as the sun shining in my eyes, 

that the “Comex Con Game” continues unabated, and that the sell side 

manipulators are still in full control … this inching up every day, with almost 

zero corrective trading action, at some point comes to an end with specs getting 

“monkey hammered” when they decide the fun & games are over … it won’t be 

pretty … and who’s gonna be here to trade it then, after yet again another retail 

spec slaughter that we’ve seen consistently over the last 8 years”? If they really 

wanted a healthy gold market, government would leave it the hell alone … but 

we all know that’s not what they want.

So, today starts like every other recently … zero action in Asia … light action 

in Europe that gooses price … New York starts, and it’s DEAD … there’s 

more trading action in Mongolian butter spreads than gold … Greasy Wool 

futures in Australia has higher volumes … if you could trade “dirt futures”, 

it would have higher volumes … literally, nothing to see here while stock 

indices melt down yet again.

Anybody else notice how spreads have ballooned across the board at Turnkey? 

… of course, make an inquiry as to why, and you’ll get the usual horseshit of,  

“we have no control over spreads from the LP’s”, now go away and leave us 

alone … so, with nothing particularly exciting going on, why the increase? 

… “IMHO, all across offshore brokerage house trading rooms, volumes are way 

down, biz sucks, and no matter how many deposit bonuses they throw at you, 

people either aren’t trading like they used to, or new accounts ain’t getting 

opened … all of which leaves the scumbag LP banks with a problem … how are 

we gonna get revenues raised? … well, simple … just consider higher spreads the 

trading “tax” you now get to pay to make up for the lost revenue from those that 

have left, and you’ll not be far from the truth … as I have said many times, they 

care not how they get your money, only that they eventually get it … oh wait, you 

aren’t supposed to notice that spreads are higher for no fucking reason except 

pure greed … nevermind”!

I’m trying to keep food down, so forcing me to look at gold action is 

inhumane … nevertheless, with the way things are going after 4+ hours of 

scorching action, maybe gold can get a $5 range for the New York day? 

… maybe … remember a few short months ago when the XAUUSD bid/offer 

spread during the New York session was 7 - 11 cents? … or how about 

EURUSD & USDJPY at 1 or 2 tenths of a PIP spread?… “yea, those are now 

the good old days” … cuz now it’s 12 - 20 cents in gold, and EUR & JPY are 

hanging right around 4 or 5 tenths of a PIP spread, a 200% - 400% increase 

… “maybe I missed that class once in B-School, but I could swear that raising 

the cost of something actually lowers demand for it … so, what could be more 

logical than a bunch of crooked scumbag LP bullion dealers making it more 

expensive to trade a market, where ranges are lower, volumes plunging, and it 

acts like it wants to die”? … only when you wrap your head around the concept 

of a hidden “trading tax” does it start to make any sense … “hey, we got 

expenses don’tchaknow”!

This isn’t a trick quiz … what are you supposed to do when it won’t trade? 

… when everything is a 2, 3, or 4 M1 blast followed by nothing but shit? … sit 

and wait for hours for what exactly?

No trades in the PAMM today, but I did do the first side of a GLD trade today 

on the C2 options signals service … we’ll see what tomorrow brings in that.

Well, it’s on to tomorrow … maybe things get better … quite frankly, I shudder 

to think how they can get worse … silver market here we come! I can’t take 

anymore of this $3 - $4 yo-yo shit up/down, hour after hour … I’m outta here 

for today … until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND

OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 

SERVICE.  DETAILS IN “DOWNLOAD LINKS” SECTION IN 

RIGHT HAND COLUMN. START YOUR JOURNEY FROM 

WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!