HOW DO YOU TRADE STUPIDITY?

 

“How corrupt & stupid markets deal with stupid people!”

You can trade stupidity, or you can leave it alone … ranking right up there, 

are oil inventory reports and “Brexit” bullshit … let me know when you can 

figure either one out, cuz up ‘till now nobody has an effing clue … add to that 

this is FED day, and you got an extremely toxic mix of market wickedness 

just waiting to happen … or not … ask EURJPY where the party is, cuz they 

didn’t get an invitation.

Cable and oil very quiet … until … first the massive draw in oil inventories, 

then the May rumors floating around, followed by the stock market tanking 

and gold getting whacked by a “fat finger” … don’t worry, just another 

normal FED day is all, and a full moon.

One day does not a trend make, and outside of the ridiculous draw in crude, 

I don’t see what is making the oil complex move … remember, this isn’t a 

positioning type of trading program at NADEX, it’s simply for the day, and 

we got a lot of premium to digest each and every day. In Cable, who knows 

when the Pols & Apparatchiks are gonna open their Pie Holes? … one day 

it’s dead, the next bat shit crazy … and it all happens in seconds … like I said 

earlier, it’s a coin flip, and I’m not interested in coin flips.

In FX, I don’t think I’ve ever seen such a discrepancy between EURJPY & 

GBPJPY, in terms of trading action and volatility … one is completely dead, 

and the other is dead one day and bat shit crazy the next … a very weird 

chain of events … meanwhile, the Yen is a basket case of nothingness, where 

ranges are very small in terms of their historical norms … and that screams 

BOJ manipulation louder than anything the market is doing.

More tomorrow, there are serious issues with Turnkey right now … what a 

shithole brokerage house. Quite frankly, they don’t deserve any business 

from anybody. More tomorrow mi amigos .., Onward & Upward!!

Have a great day 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”?