SUNDAY UPDATE: WHAT HAPPENS NOW?

 

“What it feels like being manipulated when trading!”  

Market makers gotta market make … and that usually means you get ripped 

off … ALL exchanges to some degree are criminal organizations, cuz they 

allow LP’s & HFT’s to run roughshod, and then get payback under the table. 

How do I know this? Simple; when I was on the trading floor, coming back 

from every weekend on a Monday, all the brokers & bag men had briefcases 

or paper bags they were carrying … Monday was cash settlement day from 

the week before, and bag men & others owed money to the Elites that had to 

be paid … I used to ask on the elevator going up to the clearing firm, “oh, I 

see you brought a P&J for lunch, lemme see”! … and of course, I didn’t get to 

see, and when you hit the floor, a helluva lot of paper bags are going back & 

forth … you know, cuz these guys just love swapping sandwiches. “You think 

somehow, just cuz we got computers, that this has stopped? … rats always find 

the frickin’ cheese”!

Today, the cocaine cowboys from past decades are replaced by the suits of 

Wall Street … same criminals just different kinds … exchanges aren’t really 

exchanges, they’re server farms … the LP’s are staffed with mathematicians, 

physicists & programmers … there goal is to get you to think markets are 

fair and honest, when everybody knows the opposite … throw in lawyers to 

make things as confusing as possible, and if everybody gets their cut, things 

run smoothly. Bitch, complain, & don’t make the necessary payments on 

time, and now you got a problem.

This is how the financial world runs today … run by criminal outfits that 

strive for respectability, but time and time again prove how bad they are 

… think about all the flash crashes, all the bank manipulated market scams 

over the last 5 - 10 years involving LIBOR, gold & silver, and of course FX, 

and outside of junior trading desk wannabe’s, who in management went to 

jail? … right, nobody … it’s a prearranged “fall guy” that takes the sword.

Directly below the markets we cover, with the 20 Day Range MA’s, in no 

particular order of importance.

 

click on any chart to enlarge

 

 

 

 

Also, directly below, the volatile FX charted against NADEX call spreads from 

the open.

 

The one day last week, where we are long the call spreads in GBPJPY, the 

market goes “sleepytime”, and it’s a Friday [very rare] that sees action.  

“Meh”!

I said on Friday, that starting tomorrow, we’re going to be not only trading 

the call spreads but also during the U.S. day. From our experience, the best 

way to sidestep risk and news dominated markets that go “sky rocket” to  

“Thelma & Louise” at the drop of a hat, is to trade near at the money [ATM] 

binaries on proprietary algorithm signals … basically buy in the 40’s and sell 

in the upper 50’s - low 60’s, when getting a “buy” signal, or vice versa.

Our preferred markets for this are DOW30 & WTI Crude OIL … most of the 

time will be spent on the DOW30, which has been extremely volatile, but 

where binary bid/offer spreads are very tight, usually 3 points or less 

… remember, these are binaries, and trade between 0 - 100, but unless you are 

near an expiration, the potential volatility will keep price over 20 and below 

mid 80’s, unless the DOW30 is a literal mile away in price. Secondarily, we’ll 

be tracking WTI Crude Oil, and it’s possible we could have both trades on at 

the same time.

IMHO, this is the best way to “trade”, cuz it eliminates a helluva lot of price 

risk … binaries trade probabilities off being at the strike at expiration, and 

have a price as well as a time component, so there is “optionality” to the trade. 

Trading has evolved into eliminate risk as your first priority, and then seek 

profit, not the other way around. If you want to make more, simply trade 

bigger lot volumes … but eliminating account destruction due to  

“news events”, however they may come and in what form, has to be your first 

priority … if not, you won’t be around long in the current paradigm of 

trading … you simply can’t take the hit from spikes from hell.

Also, cuz people have asked for it, we are going to catalogue signals service 

recommendations on a monthly basis … this coming week sees the end of 

January, so next weekend I’ll have all of the January 2019 trade 

recommendations we’ve made, and the net results from those 

recommendations … each month on the first Sunday of the month, I’ll post 

them on the Sunday blog, and then archive them over in “Download Links”.

I’m also almost finished with the last two tutorials, and those should be ready 

to post next week as well … if not, the week after. So, a busy week ahead.

Have a great rest of your weekend everybody!

-vegas

OUR NADEX SIGNALS SERVICE IS UP & RUNNING … DAILY 

WTI CRUDE OIL SIGNALS & “VOLATILITY” STRATEGIES 

IN 20 OTHER MARKETS, INCLUDING COMMODITIES, FX, 

& STOCK INDICES! … “what on earth are you waiting for”?