THIS TIME IT’S DIFFERENT

“No, it isn’t gonna get any better anytime soon!”

Yesterday I briefly wrote about how the entire universe of everyday life is corrupt

to the core … the consequences of that you see play out in the entertainment,

MSM, political, sports, & financial world’s right now … and while you sit comfy in

your safe space, forces are at work to destroy anything and everything you ever

worked for, and if they can’t destroy it they will confiscate or blatantly steal it

[just look at Illinois for starters] … you can do something about it if you haven’t

already, but my guess is most people sit on their donkeys until the grass is

burning in their front lawn … by then, though, it’s too late.

I’m about one weekend away from finishing the traders course material, and

shortly after that we’ll debut our YouTube Channel … by year end, hopefully, we’ll

be ready to help those looking to protect themselves and their families from

Libtards, Socialists, Communists, Progressives, and SJW’s of all stripes, who

seek to take what is yours [cuz it’s for the children] via government at all levels

cuz “it’s not fair”… your wealth is in danger, and it’s time to open your eyes and

do something about it … this time is different alright … this time, after President

Trump is gone from office by whatever means, meaning 2024 at the latest, my

best guess is the U.S. is O.V.E.R. … the country you THINK you know, you don’t

… could be wrong, but there’s no downside to being wrong … the downside

comes if I’m anywhere near right! … the social, financial, & moral decay of this

country is staggering, and the ordinary Sheeple going along for the ride

disturbing to say the least … the clock is ticking down, and you know it … we

do have some time left on the clock, and soon we’ll have solutions for everyone

… first up, the trading course.

Gold yesterday getting bludgeoned by a sledgehammer … today early sees the

“dead cat bounce”, and my hope is later in the day we can see a wipeout of the

1500 level to the downside … should present some decent buying opportunities,

but we’ll see how it shakes out. Overnight, outside of the cash open in Europe,

the stock indices not doing much … the DAX30, for the time being, has lost its

“MOJO” and trades more like corn spreads … hasn’t moved 15 points in over 3

hours, and it makes for a lousy trade scenario.

Markets are looking, feeling, and giving me the impression of hopelessness

… hopeless in the sense that they either can’t or won’t move until New York hits

the scene, cuz anything they do can be unwound or taken in the opposite

direction in a heartbeat, whether some “China trade deal” bullshit, a Trump tweet,

or some FED PIE HOLE says something … so why move? … this is most notable

in the DAX30 and gold, where Asia & Europe are basically dead until New York

comes around.

So far today, and it’s relatively early, gold has seen a new “mystery tick” low on

vapors [read scumbag LP bullion dealer stop hunt], followed by a run to a new

high, another new low, and another new high … have we really gone anywhere?

… emphatically NO … however, given the news flow today with China and the

clown car show in D.C., over the new, newer, newer-er, newer-er-er “something

gate” involving President Trump, it’s amazing anybody is even trading at all

… who wants part of any of this shit? … and then at some point yet

undetermined, somebody says something and markets literally explode … what

a bunch of shit, but this is what you get when everything is 100% POLS &

Apparatchiks.

Here at mid morning, markets are absolutely paralyzed, hanging on every word in

front of Komrade Schiff’s Ministry of Truth hearing over the shifting goalposts of

finding any crime they can conceive against President Trump … as L. Beria once

quipped to Uncle Joe Stalin, “show me the man, and I’ll find a crime”! … of course

the whistleblower wants to remain anonymous, cuz if he/she/it revealed their true

identity, everybody would find out the partisan hack nature of who it was and

reverse engineer the process to find it’s all a political scam … that would take

about 24 hours … and as we all know, we can’t have that cuz it would unravel

faster than tinfoil on a Libtard’s head. So, at this point, markets are held hostage

to some degree based on political bullshit, and by default how the MSM spins it

against Trump … make a trade in this, and I guarantee whatever stop you have that

you think defines risk, won’t! … sorry, but this environment today has all the

earmarks of make a little, lose a lot written all over it, and no algorithm is gonna be

able to save you if you’re wrong. Meanwhile, has the DAX30 moved 25 points in

the last 8 hours? … umm, no it hasn’t … good grief what a bucket of slop that

market has turned into.

Noon in New York, and outside of the suicide, dealer led sell stop hunt that tried

and failed to get gold under 1500 and take out some more serious stops, gold has

been in a $5 range now for 16 hours … thank you POL drama and the “Flying

Wedge of Death” [FWD] after yesterday’s drubbing … some days you can’t make

this shit up and have anybody in the entire world believe you … there are algo buy

signals today, but given the restricted nature of the range so far, and the violent

explosion coming, they have all been short lived and very small in scope and

duration … really not worth the risk IMHO.

In my entire lifetime of trading, and this is no exaggeration, I have never seen

markets literally hang on every word coming out of the lying lips of various POLS

[Libtard] & Apparatchiks like we see today … I mean, this is unreal … spikes from 

hell all over the place, and as fast as they wipe people out, they come back even

quicker and make you look like a complete idiot … and the only ones who profit

by it are the scumbag LP banks. This “shitshow circus” has got to stop, or we

aren’t gonna have markets anymore.

Into the PM in New York, and this clusterfark of a day can only be described as

bizarre … bullshit flying from every angle, from Kudlow to Schiff, every spike a

question mark of “WTF just happened now?”, along with wondering do we rocket

or crater now? … with Europe closed, it’s now in the hands of the criminal New

York banks … “oh yea, that makes me feel all warm & fuzzy inside knowing the

CRIMINAL ENTERPRISE of JPM’s metals division is on duty and ready to serve

… only, they ain’t serving you”! … screw this, we’ll pick it up again tonight in late

Asia … I’m outta here early cuz I can’t take another second of this “nothing

burger” FWD that just chops inside very small ranges … until tomorrow mi

amigos … Onward & Upward!!

Have a great day everybody!  

-vegas

THE CORRUPTION OF EVERYTHING

“Poster child of corruption in the post WWII era!”

“Life imitates trading … trading imitates life” … and while corruption has been with

mankind forever, it took on new meaning with the advent of the Clinton Crime

Family … Bush, Jr. overlooked it and became part of it, and Ex Preezy Empty Suit 

institutionalized & weaponized it for political gain … it now permeates everything.

Technology has given rise to more complete corruption from the financial side,

cuz it can be done “in the dark” via computers, with the money transferred and

hidden at the speed of light … and from the financial side of things, it’s nothing

more than a money laundering scheme to plunder money from the public under

the guise of “markets acting in a random fashion” … bullshit, banks now control

every facet of trading … there isn’t anything they don’t have their sticky fingers

in, and like government, only exist to enrich the few at the top.

Sure, we all want to make money trading, but when everything is corrupt as hell,

and in markets everything is “POLS & Apparatchiks” moving their lying lips,

nothing is trading and everything is either “speed of light OR … crickets” … and

the algorithms can’t react fast enough to FED PIE HOLES or Trump tweets

… which means lately you get to buy rallies and sell breaks, a sure path to the

poor house … people win sometimes playing roulette also, but I don’t see

anybody making a living doing it.

Well, that escalated quickly to the downside in gold, didn’t it? … impeachment a

joke, “China trade deal”, and everyone positioned for the next big move up in

gold gets taken to the slaughterhouse today … I said after the FED meeting, short

term gold’s got no place to go … the trade down today in gold a real bloodbath,

helped by sell stops … the bottom [so far] around 1500 a thing of beauty, as it

was mystery ticks galore, widened spreads out to 40 cents per oz., and price

quotes from hell … click the button and may the trading deities be on your side.

The only thing that kept us from buying on the way down today in gold was the

algorithm, which steadfastly said “NO” … and while gold farts around “dead cat

bouncing”, I don’t see at all anything that gets the price back to 1530+ … what

we’re seeing now is all the hallmarks of a distribution top in gold, ala 2011, where

it’s panic city up, then panic city down, and it spends a few months consolidating

in terms of price, only to alternatively kill both longs and shorts on different days

… you buy it on the way up and you’re toast … sell it on the way down and good

luck with that scenario as well … this is a very tough time to be trading gold, and

it doesn’t help with corrupt & thieving Turnkey LP’s handing out fills.

Stock indices take off on the whistleblower memo and Trump’s tweet on the

bogus “China trade deal” … amazing how they always find a way to get the HFT

algos to bite and take the bait in stock indices … and you don’t think Trump

doesn’t watch the SP500, the DOW, and the NDX100? … and he plays the markets

like a fiddle, pretty much 100% catching rubes short and handing them some

financial pain … unreal … today sees the NDX100 move too fast for the algorithm,

so I had to pass on the long NDX100 trade … not gonna buy rallies … sticking to

the signals 100% of the time.

In the DAX30, the early action into New York was all to the downside, with ZERO

buy signals … only once the New York criminals took over at around 7 AM EST,

did the DAX30 stabilize and then followed the U.S. indices after that … so, no

trades here today either. As for Cable [GBPUSD], I’m leaving it alone until

“Brexit” is over and done with … we track it and watch it, but I’m not willing to

get blindsided via British political bullshit, that only serves to fund the mistress

accounts of corrupt British POLS & Apparatchiks … when it’s over we will move

attention to Cable and by extension EURGBP as well.

Bid/offer spreads today better than yesterday, but that’s not saying much … still

not good in the DOW30 and/or crude oil, where it’s basically a roulette bet what

you’re gonna get … NDX100 & DAX30 have been stable for a while now and

haven’t changed much during recent volatile trading … gold an effing joke today,

as the spread got as high as 40 cents per OZ. at the bottom [so far] around 1500

… however the story in gold isn’t just the spread, it’s also the highly erratic

nature of the quotes, the front running of futures by the scumbag LP’s, and the

horrendous slippage handed out on pretty much every single fill … Cousin It

today having learned it’s better to be 10 minutes too early to the sell button in

anything, than 1 microsecond too late, cuz when it turns the scumbag LP’s will

make you pay a very heavy price for the privilege … “liquidity providers my ass,

they are fucking thieves … but, we already knew that, so no news there”.

No algorithm buy signals today, but hopefully tomorrow provides us with at least

one market to trade … I’ll be in late Asia tonight and early Europe looking for a

good DAX30 signal, and we’ll take it from there … until tomorrow mi amigos

… Onward & Upward!!

Have a great day everybody!  

-vegas

ARE YOU KIDDING ME?

“Even Grandma can’t believe her trading screen!”

What level of trading hell did financial markets descend into last night? … the

NYSE about to open and gold has a $4 range for the day? … the DOW30, after

you consider the BS last night after the close and at the open, about 40 - 50 index

points? … even crude oil barely moving as well … did I break Asia & Europe last

night by being ready to trade? … sure as hell feels like it!

And with an hour before stocks open, I’m trying to determine if markets are dead

or the internet is down … yea, it’s that bad … what the hell happened here? … are

we in another “Twilight Zone” episode? … all I can say is that this is what happens

when POLS & Apparatchiks run markets … either it’s bat shit crazy at the speed

of light with all that it brings, OR it’s frickin’ “crickets” … this is bullshit.

Of course, what all this means, is simply the criminal New York banks get to take

over and “jack” markets around to their whim, and that usually means the “Flying

Wedge of Death” [FWD] is in our future today … dunno yet obviously, but if you

think they’re gonna make honest markets, I got some beachfront property in

Kansas you will surely be interested in seeing … and just like that, gold breaks,

and now we have a $6 & change range … oh wow, I got goosebumps all over.

Well, that didn’t take long did it? … A few hours and some soft economic

numbers, and Bingo!, Bango!, Boom!, and suddenly we’re hitting a new high in

gold … thank you FWD! … meanwhile, Turnkey being Turnkey and their scumbag

LP’s being scumbags, all the spreads get blown out in seconds on the soft

Richmond FED Index number … DOW30 from 1 - 2, to 4 -5 cuz they can … crude

oil goes 3 cents to 5 cents cuz they can … and gold goes to about 20 cents cuz

they can … add in slippage cuz they can, and the gold “net cost” to trade

balloons to about 40 cents per OZ. … no thanks scumbags … 45 minutes later,

and to nobody’s surprise, they’re ALL still there at the higher numbers … nothing

like honest markets, huh? … I guess we’re just not supposed to notice, though,

when the thief sticks a gun in our face and says, “stick ‘em up”! … what a joke.

And cuz he likes pain, and doesn’t think lightning can strike in two places within

2 days, our own Cousin It finds out yet again, how when gold get “squirrely”,

you have to leave it alone … good luck trading gold with 40+ cent “net costs”

… it eats unmercifully your gains [if you have any], while at the same time

rubbing salt into your wound when your trade turns sour … directly below a

snapshot of our spreads from Turnkey around 11 AM EST today.

You’ll notice both the DOW30 and crude oil simply untradeable … they aren’t

serious about making an honest and fair spread, so screw ‘em … gold tipping

the scales around 20 cents on the spread you see, but that’s an illusion due to

slippage … add another 20 cents automatically. Meanwhile Cable needs to get

“Brexit” out of the way before I touch it … until then it’s an accident waiting to

happen.

Well, since Turnkey won’t make a market in the DOW30, it leaves me no choice

but to trade the NDX100 … used to have problems with 1) time latency issues on

fills, and 2) slippage, but from what I’m seeing on the MT4 as it trades today, I

don’t see slippage as a problem here, and since they switched servers a couple

of months ago, I haven’t had any problems with delayed fills on market orders.

Only gold and the DOW30 are a problem at the moment. The DAX30, for its part

simply mirroring the DOW30 today and getting stuffed since the NYSE open

… before that, it was dead with little range and/or volumes. So, the DAX30 no help

to us today.

I don’t want to, but I simply refuse to trade when the scumbag LP’s refuse to

make an honest market … I’m not in the business to hand out free money,

especially to banker scum I despise and loathe almost as much as POLS,

Apparatchiks, exchange dictators, regulators, and brokerage house execs. If they

decide to “get with it” and give us back an honest market in the DOW30, I’ll go

back to it, but for now it’s nothing more than a “fool’s errand”.

Well now, did you think they were simply gonna let stocks slip into the sunset

without some kind of news event that would bring them back? … silly rabbit,

tricks are for kids! … and just like that, stocks soar, gold gets the

“Thelma & Louise” treatment, and stops are set off that benefit the scumbag

banks that sold it to you an hour ago, all on the “news” Trump is gonna release

transcripts of his phone call with the Ukrainian leader over Biden, who by the way

is the biggest crook in politics alive today … and once again, those that buy gold

and hang on, hoping for more, get taken to the woodshed yet again by the

scumbag bullion dealer banks … you think the banks didn’t know Trump was

gonna do this? … Ok, sure, tell yourself that … meanwhile, after you dump, they

pump!

So, another day of  money laundering in New York, and my guess is 99.9% of all

gold traders the worse for wear cuz of it … and stock short sellers get a

“Cousin It” moment of their own on the Trump news … I’ve been trading

professionally before many of you reading this were born, and I can tell you flat

out that “consistently” trying to make money from the short side of U.S. stock

indices will put you in the poor house … I don’t care if it’s not what you want to

hear … I’m not here to sugarcoat anything … I’m here to bring you the truth and

facts about trading … that’s why they are “80/10/10” markets, cuz that’s what the

data says!

Onto tomorrow and our venture back into the NDX100 … the algorithm here is

just as good as the DOW30 algorithm, the only difference between the two is

“scalability” and pricing … if gold can behave itself, I’ll be back to that as well

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!  

-vegas