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Monday, February 8, 2021

THE ELON MUSK CRYPTO RALLY


No headline pic today, as Google can’t seem to get its shit together and actually

host a fucking server that works … so maybe tomorrow?


Not much happened in crypto [DOTUSD] over the weekend … while working on the

MODIFIED TUNNEL TRADING [TT] ALGORITHM manual, I checked in from time to

time on DOT, and it was high 18’s to low 19’s most of the weekend … got up this

morning early [European open], and here’s DOT in the high 21’s on it’s way to 23 &

change … then a quick trip to ZH and I saw the headline about the $1.5 Billion

Dollar investment by Elon Musk in BTCUSD … OK, today is shot to hell before it

even begins, cuz ranges are dramatically higher than their respective 20 Day Range

MA’s, and so where’s it gonna go?


Meanwhile, over in silver & the “Spoos”, it’s “chuckles time” with the itsy bitsy

moves compared to crypto, and it’s simply more of the same old shit [different

day] when it comes to traditional markets and the manipulators running them

… why should this Monday be any different? … even with an excellent algorithm,

the reward / risk ratios stink to high heaven … nothing beats crypto for movement,

but you already know that … Turnkey for their part, hosting BTCUSD with $100+

bid/offer spread, and it’s nothing but a “laugh-o-rama” thinking anybody would

even consider trading this … quite frankly, as I’ve said in previous blogs lately,

just look at the difference in volatilities between traditional markets on the MT4

and crypto on “open order book” platforms … are you kidding me, it’s not even

close!


The level of trading activity in silver & the “Spoos” is simply pathetic … for 2 of

the most supposedly active traditional markets, they both stink, and the reason

they both stink, is cuz volatilities in each is being actively suppressed for

scumbag LP bank advantage by government manipulators  … it’s nothing short

of “chopfest” in all its glory.


I’d love to trade either, but when there’s “Zip” to do after Europe opens except for

an occasional blimp, what the hell is it anybody is supposed to do but get

chopped up in shit ranges with slippage in both … sure, at some point there will

be opportunities, but so far in both it’s been “Mr. Slim Pickens”! … no trading

today in the Turnkey PAMM / MAM for obvious reasons.


Over at PHEMEX for “The Syndicate”, the day got skewed “bigly & yuge” by the

Elon Musk news via BTC … still, some excellent algorithm signals in DOTUSD,

and we’re UP APPROXIMATELY 0.29% for the day.


I’m just gonna say again, once you get the algorithm in your hands and you

start trading any of the crypto pairs I follow, there won’t be anything else you’ll

ever trade again, it’s that good!


… outta here … until tomorrow … Onward & Upward!! 


-vegas



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