SUNDAY UPDATE: NOTHING IS RESOLVED

“I think this describes a lot of oil traders!”

Or, you could have been born rich, and now cuz you trade oil, you’re an

“anti-transfinancial”, which means you’re poor cuz of oil … “quite frankly, I just

hate discriminatory markets! … Benson, take me to my safe space”!

In any event, it should dawn on traders that this Summer is nothing more than a

“pump & dump” scheme on WTI crude Oil … a run up on “vapors”, chief among

them the continuing scam known as the China trade deal, so that various world

thugs & dictators could sell oil to the rubes, and now the hangover day after,

where the only thing left to decide is where Vlad & crew cover their oil shorts

… “Yup, Summer 2019 has not been kind for trend followers in oil”.

Oh sure, we still got the “shitshow circus” called Iran, and that sword hangs over

every short positioned spec’s head, just waiting to be swung into action … but

being long is no bargain either, as world demand for oil goes South with each

passing week … in other words, it’s a very short term traders market.

Directly below, the 20 Day Range MA for oil.

click on chart to enlarge

Onto the week mi amigos … Onward & Upward!!

Have a great rest of your weekend everybody!

-vegas

THE DARK HOURS IN OIL TRADING

“Can’t a person just take a little oil home without getting raped!?”

The answer of course, is NO! … I’m sure nobody got long oil first before the

torpedo attacks, did they? … Nah, honest markets all the way around! … good

grief, what a “shitshow circus” in the dark hours after New York closes for the

day.

And with that, what’s left for today on the order books anybody wants to tackle?

… try NADA, and a visit from Mr. Jack Squat. And so, we find ourselves in a very

tight range since the attack, simply cuz nobody wants anything to do with this

market going into the weekend. Nothing else really to say, cuz that’s it!

Until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

 

“Today was one of those days you should have stayed in bed!”

There isn’t anything that can be said about the process of “Brexit”, and its 

effect on Cable and/or Cable crosses, that hasn’t been said by many, none of 

which is complimentary or good … today proves that point in spades, as the 

 “shitshow circus” continues with May’s Gubermint flipping & flopping to get 

a “deal” … any deal … through Parliament come hell or high water. 

Crude oil for its part, stumbling slowly higher in a crawl … big whoop, an 
87 cent range today … gold literally dead … and the SP500 can’t even get a 
10 index point range for cryin’ out loud … and oh yea, EURJPY rites will be 
held tomorrow night in the FX chapel.

Up ‘till the point when May “flipped”, it was looking like death for anybody in 

the call spreads that was long … thereby pointing out why I’m almost NEVER 

short gamma … it’s simply a shot to the head, with no chance to recover when 

it occurs.

We’ll see what tonight brings, but I’m not optimistic … this kind of psychotic 
market behavior reinforces scumbag LP dealer “scumbaggery”, and that 
generally means very high call spread premiums … we’ll see … until 
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”?

 

SUNDAY UPDATE: FULL RETARD FX A POSSIBILITY

 

“Oh look, GBPUSD is now open for trading!”

In the great histories of FUBAR’s or SNAFU’s, it would be difficult to place 

anything remotely close to the way the Brits have completely fucked up  

“Brexit” … whether by design or accident, this upcoming week sees the 

world’s biggest “shitshow circus” come to a head … fasten your seatbelts and 

put your radiation suit on, cuz it’s got the potential to be extremely volatile.

Directly below, our 20 Day Range MA charts for the week.

 

click on any chart to enlarge

 

 

 

 

 

 

 

Oil doesn’t register anything this week, having had 2 crazy days and 3 dead 

days last week … premiums in here still way too high given the psychotic 

nature of oil market action.

It’s all gonna come down this week to whether or not call spread premiums 
in GBPUSD & GBPJPY can be priced “reasonably”, or like what we’ve seen 
lately which is priced “nuts” … there isn’t any other alternative, cuz if 
you’re needing Cable or Cable / Yen to go 200 PIPS from the tips to make 
you money, then you most definitely got a problem … might as well play 
Keno in Vegas, they’ll bring you free drinks.

Given the news cycle this week, I’d be surprised if we can hit our threshold of 

premium levels for a trade … however, given the nature of the impending 

nuclear explosions in Cable AND … AND … a rising 20 Day Range MA in 

USDJPY, that most often goes in the opposite direction of Cable, I’m willing 

this week to stretch the premium threshold a little bit … we’ll see how it plays 

out each day, but I’m not gonna go “out on a limb” here, and I’m not going to 

miss a potential explosive trade cuz of a couple of PIPS either.

So, onto crazy week in FX … until tomorrow mi amigos 

… Onward & Upward!!

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”?

 

 

THE INMATES ARE RUNNING THE ASYLUM

 

“Your FX sanity that is!”

Oil has had this problem for a long while now, cuz oil traders are ALWAYS 

at the whims of the oil cartel, & various thugs & dictators with large oil 

deposits in the ground … a couple of words from the lyin’ lips, and oil 

explodes.

Now, though, we see the inmates running the FX asylum and it’s not at all 

pretty … “if there was any doubt, leaving problems up to Pols & Apparatchiks 

to solve is a fool’s errand … prime evidence of course, is “Brexit” and the 

“shitshow circus” that’s been going on here for almost 3 years now” 

… retarded kittens could do a better job of handling this, but as I’ve 

explained before, unless the issues of graft, bribery, & influence peddling gets 

solved, there’s no solution in sight … “Brexit” gores some oxes, and if you’re 

one of the ox who’s getting gored, your loss of Sterling under the table is a 

serious issue … yammer all you want about the children, it’s about the 

money.

Quite frankly, I don’t know how anybody can trade volumes & size in 

GBPJPY or GBPUSD, without the ever present “in your face” explosion on 

the way to hurt you … and that leaves us with the “all or nothing” volatility 

trades at NADEX, cuz when these asshats open their Pie Holes, Cable moves 

… but when they don’t premiums get savaged hard, cuz they are overpriced 

by at least 20% - 30% in terms of PIPS. Sitting around waiting & hoping 

some moron Pol or Apparatchik makes an ass out of himself, is not a trading 

strategy.

So, we find ourselves in a trading environment that is both bat shit crazy 

AND dead at the same time … look at EURJPY and oil today; not much to 

cheer about … Cable? … again the out of the blue “Brexit” headlines that 

make Cable psychotic in nature … dull, until it explodes, and sitting and 

waiting for the explosion is exasperating. 

Onto tomorrow, let’s hope this evening gives us some decent premiums 
… until 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”?

 

THE ILLUSION OF FINANCIAL MARKETS

 

“Running bank trading desks 24/7!”  

Welcome to the Monday version of the latest “shitshow circus”, where nothing 

moves unless there’s a reason for it to move, and that reason given emphasis 

by Pols & Apparatchiks … of course, if their lips are moving they’re lying 

… we all know and understand this … the game isn’t to speak the truth, the 

game is to get markets to move on bullshit that can be taken advantage of and 

profit from as many times as possible … and in today’s markets, big money 

isn’t gonna move unless they feel reasonably assured they aren’t gonna get 

hung out to dry … so, no news, no volume, no liquidity, and markets sit.

As I pointed out yesterday, there isn’t a market out there where its 20 Day 

Range MA is sloping higher … they are ALL pointing lower, meaning volatility 

is getting wrung out of the towel by the banks … probably got some more to go 

before people wave the white flag and give up, and again I’m posting the  

“Brexit” schedule of events directly below … on and around these dates 

there’s likely gonna be fireworks.

 

click to enlarge

GBPJPY downright pitiful today, the third in the last 4 trading days … it’s 

been nothing but melting ice for almost a week … EURJPY slightly better, 

where earlier this morning in early New York there were some small profits to 

be had in either the “volatility call spread strategy” or the “synthetic Christmas 

tree strategy” … at least there was something there, but EURJPY has been 

slow for weeks now, ever since the Yen flash crash on January 3rd.

Oil & the stock indices continue to get wrecked by inaction … the premiums 

here still way too high for any trades … it simply doesn’t make any sense to 

pay for volatility day after day, and then not get it. Monday’s and Friday’s 

being the worst days lately, hopefully tomorrow [Tuesday] sees us move some.

There isn’t anything we can do about the banks manipulations in all of these 

markets … right now, they’re wringing premium volatility out of the 

marketplace … we simply can’t force anything cuz it won’t work … patience 

grasshoppers!

And with that, I’m outta here … until 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”?