CRYPTO TICKER

powered by Coinlib

Thursday, April 8, 2021

WHAT THE “CON” IS & HOW TO BEAT IT!

 

“How can you call these “markets”, when they’re simply Ponzi schemes!?”

I’m simply amazed, almost daily, how brazen the manipulations get, and the

extent of the financial “deep state” in perpetuating the “big con” a/k/a

“financial markets” … none bigger than “Stonks” and their derivatives “Stock

Bellies” … it’s morning ‘Murica, the casino is OPEN Sheeple! … and quite

frankly, FX for it’s part pays all of the world’s bills, as central banks use their

BFF buds, the scumbag LP banks, to “skim & launder” money every single day

without exception … today no different.


And triple the amazement of trading in crypto as compared to the utter shit found

on most MT4 and/or MT5 platforms, a/k/a “traditional markets”, and the markets

you’re most likely to get conned, and then think it was all “random walk”, or just

the way the cookie crumbles from trading that lost you your account … of course,

after they steal your money, what else would you think they want you to think?

… if you knew the truth, you’d be pissed to high heaven and stop … but no, the

public keeps coming back for MOAR! … every year produces a new set of

“guinea pigs” who think they know what they’re doing, when in fact they got no

clue … don’t even think of uttering the word “fun-durr-mentals” around me!


I will readily admit, it took me too long to figure out the new trading paradigm

that came about in February 2016 when the FED saved the domestic oil industry

from collapse and bankruptcy … up ‘till that moment approximately 36 years of

a paradigm that served the world very well [me included!], and then it was gone

in an instant … the entire premise & purpose of trading, from that date, was turned

on its head, and it’s not exactly like they sent out an email informing traders their

plans … fair & honest markets? … price discovery? … nope, the con today is to

steal as much money from the trading public as the banks can haul away, while

of course enriching POLS, Apparatchiks, & regulators the world over with their

“skim”, all the while using markets for socialist policy … and if the guiding

premise of your trading model doesn’t take this into account, you’re doomed to

failure … the money will soon be gone, and your only reaction will be, “WTF just

happened”? … and with the crypto trading revolution now firmly in place, the

stark differences between the 2 sets of markets is bigger than night versus day.


First, let’s look at today’s Ponzi markets … GBPUSD simply an utter

embarrassment to the idea of “trading” … with Europe now closed, 8+ hours of

nothing but “Flying Wedge of Death” [FWD] bullshit, inside a range of about

40 PIPS … continued spillover from  over positioning in EURGBP [short] &

GBPJPY [long] the entire catalyst for movement today in Cable … and as the

world figures out the FED “dot plots” of 5 rate hikes in the next 2 years is pure

delusion, the first beneficiary of that is USDJPY going down [Yen up] … but,

Cable can’t “seal the deal” outside of a pitiful range and move one way or the

other, which is what you would get if this wasn’t a totally manipulated market

… and then comes the “London Fix” at 4 PM London time, 11 AM EST, and once

again somebody or group of somebody’s sure get “fixed” alright, cuz

“coincidently" Cable decides to race to the low of the day right to THE FRICKIN’

MINUTE OF THE “FIX” … and as I’ve said before, isn’t it amazing all of these

coincidences FX has? … cuz as soon as the “Fix” is over with, and all of the

European dumb ass corporate types have gotten their sell orders in Cable filled

at the bottom, immediately Cable starts to rally back higher … another amazing

coincidence, don’tcha think? … this market today simply a flaming bag of

dog poo.


Then there’s gold, where since last night’s open, it’s been straight up the wall,

with a very minor hiccup around the New York open, that btw didn’t generate a

buy signal, and here we’re almost to the New York afternoon and there have been

ZERO buy signals … cuz when Dopes FOMO and a market goes straight up or

down, you’re not gonna get algorithm signals … and no Skippy, gold going down

$1.25 is not a corrective move … and minutes before the “London Fix” in FX, gold

hit its high for the day slightly above 1758 [now sitting in the 1753 handle] … so,

the key question going forward is, how long do the bullion banks let gold hang up

here, or even go slightly higher, now that everybody is positioned LONG? … will

they lower the BOOM! later this afternoon, or in Asia this evening? … cuz now, if

the banks can get it below 1750, there’s gonna be some spec indigestion, and

more than a handful of sell stops … rarely do we ever see gold go one direction

for Asia, then Europe, and then in New York … I’d say maybe less than a 3%

chance … New York opened today at 7 AM EST @ 1746, so the scumbag bullion

banks got their work cut out for themselves, needing to go about $7 lower to the

close … looks and feels to me like that <3% chance has a real shot of happening

today, but never underestimate these assholes for total scumbaggery in a New

York afternoon, cuz literally anything can happen … ANYTHING!


No trades today in the TURNKEY PAMM.


No trades cuz no buy signals in gold … literally ZERO, and Cable stuck in a

miniscule range not even worth watching it’s so bad … so, nothing to do but

watch and wait.


Meanwhile, there’s crypto … and if you haven’t witnessed first hand how a crypto

pair like ONTUSDT, directly below take a peak will ya, at the open order book at

Binance for the perpetual futures … there’s no need to log in, just click the link

and let it load, then watch … and if you’re a trader on the MT4 or MT5, no matter

what it is you’re trading, it will make that traditional market look like molasses

flowing in January from Alaska … crypto MOVES, ONTUSDT MOVES! … and there

are hundreds of other pairs moving as well … what the hell are you waiting for

to trade crypto?


https://www.binance.com/en/futures/ONTUSDT_perpetual


[Note: Use the Chrome browser if you have it, cuz most internet based trading

platforms work best in Chrome cuz they were designed that way, and second use

your VPN at all times on trading platforms, no matter who or what they are or

where they’re located … just don’t be from the U.S. or North Korea]


And after you watch crypto move up/down, it should be no mystery to you where

the world’s trading volume has migrated to … CRYPTO! … and what you see in

ONT, is the same in hundreds of other crypto pairs as well … personally, I very

much like the crypto pairs under $5 … they have bigger percentage ranges, you

can trade more volume and get bigger bang for your buck, and these coins are

where the BIG WHALES don’t bother to come visit and manipulate cuz it isn’t

worth their time or effort … by default, that means “Johnny Crypto”, Mrs. Watanabe

& Gal Pals, and a whole universe filled with Newbie traders are here to FOMO,

panic, and place stupid stops … it’s like what trading used to be like in the

futures trading pits of Chicago in the 80’s & 90’s, only now there is no cost for

admission, entry is whatever you got, and the “pit” is the entire internet filled

with millions of traders … now compare it to whatever FX pair you’re staring at,

which doesn’t move until it spikes … [you should be moving money tonight

after you see this.]


And to prove my point, directly below an m1 chart of ONTUSDT from the other day

[4/7], as ONT puked after a rally … notice volume going up as the market goes

down, peaking with MAX VOLUME right at the low of the move … then, as ONT

rallies, the high volume minutes are where price peaks … now, you don’t need to

be a rocket scientist to understand we got some serious FOMO going on, right

along with panic selling as it goes down … and who does that? … who buys

rallies and sells breaks? … I rest my case your Honor.


click on chart to enlarge

Does Cable, Euro, Yen, Aussie, Kiwi, the Loonie, or anything else move like ONT,

or the many hundreds of other pairs?


Of course, these markets are not influenced by government or the scumbag LP

banks, and your CNTRL-P machine going “Brrrrrr” isn’t gonna help you in ONT or

anything else … these markets are “FREE” in the sense that you got to own it

before you can sell it in spot, and unless somebody’s puking, futures ain’t gonna

go down … the natural inclination for crypto is to move higher, not lower … it’s

a lot like NDX100 stocks … people don’t come over and trade crypto to sell,

although some might … outside of the pukes, most of the action comes from

FOMO, and they all pile into the top … some days I feel like I’m standing in the

pit again watching crypto trade, cuz they have exactly the same characteristics!

… it should come as no surprise to anybody I prefer to trade these crypto pairs to

anything else.


Multiple algorithm signals today in ONTUSD … “The Syndicate” UP

APPROXIMATELY 0.11%


I had one liquidation trade I made today, which in hindsight I somewhat regret … if

I had waited literally one more second, it exploded higher … I mean, this happens

to everyone at some point, professional trader or rank Newbie, it’s gonna happen

to you as well if you hang around and trade for even just a short time … meh, it is

what it is, but I’ll simply point out, day after day when I trade crypto the algorithm

grinds out profits, no matter what pair I’m trading, whether it’s ONT, ALGO, ADA,

DOT, TRX, EOS, etc. … the patterns are the same in all these markets, but I would

also point out that BTC & ETH have morphed into something quite different.


Those two “big dogs” of the crypto space trade like EURUSD & USDJPY … the

“whales” in these pairs control the action just like the ECB & BOJ manipulate their

respective FX pairs … the “whales” have learned well the lessons of the FX

manipulators, and my guess is the Apparatchiks that taught them the ropes

continue to get a cut of the action from their schemes … as well, the commission

rates for BTC & ETH are very high, and if you have a small account you can’t trade

enough to make a difference in these 2 pairs … not so in the alt-coins, where the

action is much, much better IMHO. So, how do you beat the “con”? … you use

the algorithm and trade crypto … and if you’re stuck in the MT4 or MT5 with

traditional Ponzi markets, you follow the algorithm and do nothing else … that’s

how you beat these asshole banks into submission and they wished you never

existed!


… outta here early, until tomorrow … “the future’s so bright I need sunglasses”!  😎

… Onward & Upward!! 


-vegas


 




No comments:

Post a Comment