China Evolves – You Hate Every Minute Of It

I marvel at the “trade clowns” looking to pin this downturn on China.

Spoiled little brats, crying to their mommies because the big kid down the street took their ball away.

Infantile. Small minded. Dumb.

Blaming the Chinese…..like the 100’s of thousands of poor farmers there in China, who’ve only recently moved into the larger cities and started small food carts or trinket shops are somehow “responsible” for the decline.

Do you really think any of them are big buyers/seller in the stock markets anyway? Like they’ve got all kind of “extra cash” lying around after barely having enough to eat?

Oh wait…..it’s the government. That’s right. The Chinese government ( with planning so advanced and so “long-term” it would make your head spin) ) has done this to you. Sure….talk about calling the kettle black. How stupid can you be? Naaa….not there in the U.S no, no , no…….the stock market and currency aren’t manipulated there no no…..not at all. Gag.Puke.Hernia.Stroke.

Fact of the matter is – China ( if anyone ) is just fine. It’s the “global economy” that is grinding to a halt while China continues on with its plan. Slowing evolving from an export economy ( selling things to you ) to its very own “consumer economy” ( manufacturing and selling things to its own people ).

You just don’t like it because you are afraid of it.

For what it’s worth……half the planet could drop off into the oceans overnight – and China would just keep on rolling.

The Chinese don’t need you.

You hate knowing that.

Navigate Intra Day Markets – Sit Down. Shut Up.

Sit down. Shut up.

The pre-market has already “done its thing” and you’ve no chance of survival.

There are no opportunities here today in equities as the Wall St boys have already made their move. ( This doesn’t happen to you when trading Forex as….the market trades 24 hours a day ).

As with yesterday’s plunge ( all pre-market ) or rather – ” inversely ” today the T.V suggests “Equities biggest one day gains” but…….you’ll have none of it.

It’s not for you.

“You” are for “them”.

Just sit down. Sit it out….and get ready for the next “larger leg lower”.

I’m 100% ( yes 100% cash ) and will spend the next few days at the local casino. Burning 100’s on Blackjack for fun.

I gamble all the time….

Just not with my trading.

 

 

Start Trading Forex – This Won’t Happen To You

It’s taken you a long time.

You’ve looked at Forex before, but continue to take the “easy road” with trade in ETF’s and faith in your “television Shepard” ( making you “living room sheep” ). I’ve said it a thousand time before………they will never ring the bell when it’s “time to sell”. Never.

Your broker never calls when it’s time to get out. These people disappear into the woodwork ( like the tiny pests they are )  right around the time you likely need them most.

This is the way it works. The entire year of 2015 wiped from the map in a matter of days……and you didn’t get the call. No email. No smoke signal. No coded message. Zip. Nada. Zero.

And then…..on top of this…..you reach for the phone “begging” for advice as to “WTF do I do??” “My savings are lost!” “Our nest egg is gone!” “Please tell me…..what do I do now?”

You call your broker??

Wack man…..that is wacked.

Forex markets saw this coming from miles away, as we observe a “global economy” now ( in case you hadn’t noticed over the past 25 years ). Currencies will ALWAYS lead….as you need to figure out “money” before you use it to buy stocks ( Duh! ).

It’s really quite simple.

You just need to get the larger. broad strokes under your belt. Come to understand which currencies move in which direction when global appetite for risk is “on or off”. There’s really only 5 or 6 that even matter…as the entire market then moves in tandem with movements in these.

You also learn patience – as Forex moves at a snail’s pace. Eezy Peezy.

If you want to participate in a stock market that is currently swinging some 700 points – all power too you. You are clearly trading in “panic mode”.

Me? I’m about 1300 points in the green over night…as it’s pretty straight forward.

Forex markets LEAD.

 

 

 

 

The Next BIG TRADE – For Simple People

If you are currently “reeling” in the wake of U.S stock market devistation….clearly you didn’t sell – when selling was the way to go.

Fair enough.

You watch T.V, you trust the talking heads ( cuz you have absolutely no clue otherwise ) and you firmly believe that “everything is gonna be fine”. Likely a little late now….you choose to hold, and watch your paper profits evaporate to the degree that you are finally getting motived to “take what little you have” – and hit the road.

You fucked up. You know it….you feel like shit and look in the mirror to recognize yourself as the greedy little pig you are. You greedy little pig.

You just got smoked.

But hey…..think positive…there’s still hope as..the wheel keeps turning, and if you’ve still got a penny or two left to your name – you can still get ready for “the next big trade”.

Let’s talk commodities.

Assume that the big corps/banks  have now taken every last penny from the average “at home investor” and are looking for the next big opportunity. They’ve been selling you stocks “at the highs” for the better part of 2015…and are now dumping so fast….you’ve got absolutely no chance of survival. Stock prices “are not” indication of economic stability/growth…but simply a mechanism to transfer your money to the big boys on Wall St.

Mission accomplished.

So……

Now….dripping with cash….where will these big companies look to put their money? Where can they “buy on the cheap” in order to fill the coffers….and in turn…spin the wheel again?

Think about it.

You still need to eat. You still need to buy toilet paper ( no matter how poor you get ). You still need to put clothes on your children’s back, and you will continue to live beyond your means…until you ultimately live in a cardboard box behind the local Taco Bell ( all be it with the newest Iphone 9 in your pocket ). You still need to buy shit…and they still need to sell it to you.

Hmmmm………

They will be buying commodities you dumb ass!

Yes! All the things they still need to sell you ( you can’t build an Iphone without silver/copper right?) are currently on sale!

No matter how bad things get…..the big boys still need to take their shot at “producing” the silly gadgets you hold so close to your heart, as they still need to sell them to you!

You’ve taken the hit…and have filled their bank accounts. Now……they use your money to buy the shit they need ( at the absolute lowest of lows ie…..oil/gold/silver/ag ) only to sell it right back to you once the wheel turns again!

You can’t afford to keep trading like this.

You need to get this flipped around, and trade “with” them – not against.

Commodities are gonna FLY! ( not tomorrow ass face…..) Think about it.

It’s a big wheel……and it takes time. I only encourage you to do your best…..

To GTF off it!

 

 

 

 

China Playing Games? – F**k You Jim Cramer

Looking back at the last time I bothered to post ( August 1oth ):

It looks as though we are back on track for another short entry in risk, as both The SP 500 as well $USD are signalling – downside ahead. You don’t see it? How about 2095 as a good place to start?

I’m looking for today’s high in “both” as a level to look at “getting short” – again.

The huge profits are irrelevant.

It’s the psychology that counts.

I tuned into “Mad Money” here this afternoon “on purpose” just to get a bead on what the current pitch/slant is there in America. Apparently…… China is “playing games” and the best recommendation is to sit tight/hold and look to “buy more” of the completely bloated / bullshit / worthless / buyback stuffed stocks you all hold so dear as…….

It’s just “China playing games”.

Cough/Choke/Sputter………….you’ve got to  be kidding me.

Back when America was the benchmark for “global economic growth” ( not of my generation ) one might consider this a possibility but..lets be frank….

As China goes……so goes its little bitch.

America has been a “product” of China since I was a teen….just that the T.V didn’t let you know.

You sold out back in the 80’s when American CEO’s were commended” for the brilliant outsourcing of manufacturing to the far east.

You killed manufacturing. You shot yourself in the face.

If you buy this market now…….I will shoot you in the face.

China is the leader now. Get over it.

Get smart. If you’d of pulled up a chart of the Chinese stock market some weeks ago…..you’d be drinking the world’s finest tequilla too. Too bad you’re out back your grandmas trailer – sniffing glue.

China is NOT playing games…..they are tanking cuz the global economy is tanking.

F**k you Jim Cramer.

Fade To Back – Then Get Short Again

If the sideways trading hasn’t been enough to drive you insane “yet” well……..you’re one the few. I’ve had nothing to trade, and in turn nothing to “say” until today.

It looks as though we are back on track for another short entry in risk, as both The SP 500 as well $USD are signalling – downside ahead. You don’t see it? How about 2095 as a good place to start?

I’m looking for today’s high in “both” as a level to look at “getting short” – again.

Keep in mind….the levels are the levels…but the turns often take time. Get a couple orders in “underneath the action” – and you’ll do just fine.

This works short SPY, short USD/JPY , as well most everything vs JPY ( yes again and again! ) with smaller orders long GBP/USD.

Picking currency pairs is getting trickier these days….so you’ve got to stick to some of the larger concepts ie…..Risk off = JPY UP.

Watch for this to fade here this afternoon..

 

That Worked – Trade Forex With Precision

Again….if you can find a way to pull yourself from the T.V long enough – you’ll see it eventually.

You’ve got to formulate your own ideas, else fall in line behind the sheep and pigs in front of you.

Greece. Not even close to being resolved.

China. Total economic stall/retraction.

U.S.A. Already in recession.

The Global Economy….already on its heels.

The bottom in oil, silver and gold will come SLOWLY…….. then rip your face off.

You continue to ease in…..you remain patient and look to add once we see USD topple.

Today is just another day….another win in along string of “many”.

Holding…all trades entered “short risk” YA……yesterday a.m

So It Goes – Leave It To The Pigs

No surprise to any of you……I’ll be taking the next trade “short risk” here through this morning.

With such wild peaks and valleys, it’s really anyone’s game so as per usual…small calculated moves capturing what we can…….leaving the rest to the pigs.

Pigs will eat anything you know….these days “headlines” being top of the menu.

It’s painfully boring to watch…distribution that is. Stocks being “distributed” to the unknowing drift of pigs…..hungry for even the tiniest bit of wealth.

They will just keep eating and eating, and they “will” eat anything.

Take a point er two here pigs……could be your last little nibble for a while.

 

 

 

 

 

Look At Yourself – Do You Really Have A Clue?

Strip away the television.

Scrap the Internet.

Cut the phone lines and burn the newspapers.

Then go take a look in the mirror……Go! – Do it! Go look yourself right in those “baby blues”……….and ask yourself.

Do I really have a f%(@king clue as to what the hell I’m doing?

Do I “really” know a single “f*$@Qking thing” of my own? – short of what “I’m told”?

Answer: Not.

Solution………………………………………………………………………………………………………………..Become a writer.

“Know Thyself”.

 

 

Nikkei Down -638 Points – Long JPY Trade Is Gold

The Japanese Stock Market ( The Nikkei ) is now down -638 points as Americans start “waking up”. China has cratered.

How are the long JPY trades going? – Absolutely golden!

The relationship between “risk appetite” and The Japanese Yen ( JPY ) has never been more clear, as short trades in AUD/JPY, NZD/JPY, CAD/JPY and USD/JPY have produced some 5-600 pips in only a few short days.

USD trades remain flat, as the continued concerns about Greece keep EUR ( the polar opposite of USD ) in a continued state of flux/confusion.

This is not about Greece. It’s about China. It’s about global appetite for risk…and it’s about the big boys making a speedy exit with profits in hand, as The SP 500 “continues” to make lower highs and lower lows ( the definition of a down trend ).

This is certainly not over. It’s not a dip to be bought, as we’ve been on the other side of the mountain for days now.

Protect yourself, as I “remain” short risk.