“Blockchain killer!”
While the world diddle farts around waiting for the Lounge Lizards to dazzle us
with their “unbrilliance” on Wednesday at 2 PM EST, and traditional markets
chop around looking for an excuse to run stops, I want to focus attention on a
crypto pair that is MOAR! volatile than Bitcoin [BTC], is priced modestly [around
$42 - $49 today], can be traded on an “open order book” [OOB] platform at 3
decimal places [tenth of a penny], has an excellent tight bid / offer spread
[generally between 1 - 3 cents], can be traded in increments of 0.10 DOT, currently
as of today has a 20 Day Range MA = approximately $3.68 [that’s 3,680 TICKS!],
with today’s range [so far] $7.00+ [that’s 7,000+ ticks!], and last but certainly not
least, IT IS VERY CHEAP TO TRADE! [i.e., “gas fees” or commissions]
And if it will help you get through the mental block of crypto some of you have,
instead of thinking of it as a crypto coin, think of it as a stock [which it most
certainly isn’t!] like Apple or Amazon, only cheaper in price and a helluva lot
cheaper to trade, WITH LEVERAGE OF UP TO 50X … I hear the “wailing &
gnashing of teeth” from traders all the time about how gold, or anything in FX is
nothing but chop and is killing them … mention crypto, and they freeze with
horror, like they just crossed to the dark side … you wanna make money or sit
there and B.I. Itch? … I can understand people’s reticence about BTC, cuz it
moves so “Hoover Dam” fast in price … DOT actually on many days has a higher
percentage movement than BTC, and with the kind of ranges seen lately, it’s
“Hoover Dam” close to THE BEST TRADING COIN out there … certainly it’s right
up there at the top! … in the project I’m doing I mention the offshore brokerage
house I use to trade DOT, so those of you interested, you’re gonna have to wait
until I’m finished here in the next week or two.
It’s so easy to open an account at an offshore brokerage house that trades crypto
on an OOB platform … all you need is an email address and deposit some crypto,
and you’re trading … NO KYC and all the bullshit that goes with it … quite frankly,
I’m still surprised people understand so little about crypto … SOME FREE
ADVICE: “get your frickin’ head out of the sand before the entire financial world
passes you by, like what happened to most of you reading this when computers,
internet, email, and smartphones came along and you punted … then somebody
woke you the F up [thank goodness] … learn it, love it, live it or it leaves you in
the dust"!
They ought to call these “hurry up & wait” days to a FED meeting “bank scam
days”, cuz that’s all that is happening in markets across the spectrum … get
specs leaning one way, bury ‘em the other way, turn it around and play it again
… rinse, repeat, WTF is this besides a gigantic scam run by central banks, via
their virus scum BFF banks? … FX & gold the worst offenders, but “Stock
Bellies” not far behind … what an absolute joke this casino shitshow circus
has become.
GOLD
Fugetaboutit!
DAX40
An absolute joke of a market, especially around the European cash open.
GBPJPY
Nothing but a tiny range nightmare of chop, as the FED on Wednesday, and the
BOE on Thursday paralyze the trade … position squaring and scumbag LP bank
front running orders is literally all that is here.
CRYPTO
“Asia flies, the rest of the world dies” … well, at least for BTC, where all of the
action started at 2 AM EST, and by the time I arrived around 4, it’s been nothing
but straight sideways to lower … DOT, though, has been flying [7,000 tick range
so far and counting!] and starting tomorrow I’ll be trading some DOT [hopefully],
right along with BTC for “The Syndicate” … GiddyUp!
Another Monday of pure bullshit for traditional markets, as scumbag banks do
their very best to put every market through a meat grinder, chopping up orders
like only they can, with small ranges and spikes from Hell that go nowhere … and
it’s only Monday, and my guess tomorrow then Wednesday up ‘till 2 PM EST is a
complete shitshow of nothingness … we’ll see … NO trades for the Turnkey
PAMM today, as there simply is nothing to do … 8+ hours in GBPJPY and we got
a 69 PIP range for the day, a full 50% under the 20 Day Range MA … gold & DAX40
are a waste of time, unless you like to lose money to banks … I don’t … these
markets are shit … thanks FED, thanks manipulators.
No trades in crypto either … BTC doing EVERYTHiNG range wise to the upside in
the last 2 hours of the Asian session … since then nothing but drift lower … “do I
have to move to Thailand FFS”!! … simply terrible trading action in BTC, where
the “chop” has been horrendous watching it … drift, drift, and drift some more
with an occasional spike that goes nowhere but cleans out some stops … trading
action in DOT much better and it’s a big winner up about 15% on the day … you
have to go back into Summer to see BTC act this badly, when it was down in the
30,000 - 35,000 area … just horrible, shit conditions.
… outta here before I hurt myself or toss the computer in the ocean … “the future
looks so bright, I need sunglasses”!😎
… Onward & Upward!!
-vegas
No comments:
Post a Comment