If you live in the U.S., how much more proof do you need to show yourself you
live in one of the most corrupt societies on the face of the Earth, after observing
the complete bi-polar trial of Kyle Rittenhouse? The “facts” versus the narrative
of the Looney Libtard Left that simply makes shit up as they go along … there’s
now “justice for the mob”, which the entire MSM & Dem party wholeheartedly
endorse, and then there’s facts to be totally ignored … and in the crosshairs is an
individual that they try and wholesale ruin with bullshit … they should have
learned their lesson with Nick Sandman, the Covington kid who they smeared and
has so far by estimates collected $100 million in settlements with plenty of other
lawsuits still continuing … this time, none other than “Taliban Joe” chimed in
during his candidacy for Preezy, calling Rittenhouse a “White Supremacist”
… “let this complete douchebag be the first to be sued Kyle, for defamation, and
take every last cent this asshole has stolen over the course of his 50+ years in
“The Swamp” … make ‘em pay Kyle for the outright lies & smears they made
publicly, simply for perceived political gain”!
Turning to crypto markets … “Asia flies, the rest of the world dies” … did you
think I was kidding? … been up since the European open some 4+ hours ago, and
it doesn’t matter if you’re on the “open order book” platform or Turnkey’s MT4
… pathetic trading action so far, with Asia putting in the entire day’s 20 Day Range
MA in ETHUSD on a reversal lower in just about 6 hours … going on the 5th hour
and I’m wondering if ETH can move Ten Bucks … well, that escalated quickly
didn’t it? … nothing like seeing Spicoli to stay at the Faculty Lounge, and then 6
minutes of total anarchy in crypto as the moonshot commences … so, back to
normal just from a different level is all … good luck trying to capture part of that
Grade A+ clusterfark! … “does it ever dawn on anybody that the “whales” simply
shove crypto markets into stops on heavy volume? … and is not the result
ALWAYS THE FRICKIN’ SAME? … ho hum, just another day where the “Noobs”
buy high, sell low, and come back for more”!
For a while now, I’ve been thinking about trading XAUUSD [spot gold] for the
PAMM, from the perspective that it’s nothing more or less than a quasi-crypto
pair … why would gold at $1800 be any different than Ethereum [ETHUSD] was
when it was $1800, besides the obvious sell side manipulations by the FED?
… granted, ETH is approximately 10X - 15X times more volatile than gold in price
on a daily basis, and gold trades more like Bitcoin Cash [BCCUSD] in terms of
chart movement and minute-to-minute volatility … what has pissed me off to no
end has been Turnkey’s scumbag bullion bank LP’s, who play the “bait & switch”
game with the bid/offer spread, but running the statistical numbers shows
anything equal to or under $0.25 - $0.30 for a bid / offer spread is good trading
conditions … obviously, the lower the better for us, and today sees the gold
spread around $0.18 - $0.23 with occasional trips a few pennies up/down from
that … and as most traders should know, a few pennies in gold isn’t going to be
the determining factor in whether or not you’re consistently profitable … currently
this week, the 20 Day Range MA is approximately $23, which if you think of gold
as $0.10 = a “tick”, that’s 230 ticks per day, with the majority most days coming
from 7 AM EST - 2 PM EST [7 hour day].
It’s not too hard to think of gold as crypto, cuz it mostly attempts to do the same
things … the real $64,000 question for me has been, how does it respond to the
“Crypto DragonSlayer Algorithm” [CDSA] in terms of modeling gold behavior as
if it were a crypto pair? … cuz make no mistake folks, CDSA KILLS CRYPTO! … and
the verdict so far is, gold has been volatile enough so that the algorithm works
exceptionally well trading it … OK, if the spread + RT commish is good to
excellent, then why not trade it and treat it as a crypto pair? … I can’t see any
reason why not! … tonight sees the PAMM’s priorities go first to gold and then to
ETH … between the two, something is moving we can trade and do exceptionally
well … while lately ETH has seen spreads blow out on any price movement
[including today, where the insanity led again to a spread over $20 at one point,
which is plain fucking stupid!], there are times when that doesn’t happen … in
gold, there are a few times the scumbag bullion banks get greedy and shove the
spread above $0.40 … not very often but it happened one day last week … my
point is, between the two we should be good to go for the PAMM and start
catching up to “The Syndicate” … sitting around waiting for Turnkey LP’s to
behave in any one market is bullshit, and I think watching the “combo” is a great
idea for our trades … the way the cookie is crumbling lately, that means gold is
going to be traded, while ETH will see trades occasionally … GiddyUP!
I want people to understand, this isn’t something “whimsical” in scope, but
instead backed up by statistical data when you treat gold as a quasi-crypto pair,
and the trading results as they come in will hopefully prove that! … trading gold
from a vastly different crypto perspective is key, and using the “premise” of the
algorithm along with its parameters is vastly different than trading gold under
normal conditions and treating it like a normal financial product … you can’t win
under those set of circumstances, cuz you’re the Chump at the craps table … but
what if you were the casino? … well now, that kinda changes things doesn’t it?
… and seeing the difference in created algorithms I’ve developed, the old ones
can only carry you so far and then they fail … but in a volatile environment there
are immutable laws of physics that can’t be messed with, cuz if they were messed
with the market in question wouldn’t be “volatile” and you wouldn’t be trading it!
… NO trading in the Turnkey PAMM today, where the ETH, BCC, & LTC spreads
were simply “stupid” far too often than not, and I’ll pick up gold tonight and at
the European open … more trades, heavier volumes, and more importantly
bigger profits lay just ahead … stay tuned!
For “The Syndicate”, multiple trades today in ETHUSD and we’re UP
APPROXIMATELY 0.6% … simply scalping, capturing the “vig” when possible,
and letting somebody else reach for my order, and then pay me! … no mystery
here, just grinding along and dragging participants to “MillionaireHood”.
In my haste to post the CDSA yesterday, I forgot to publish the 20 Day Range
MA’s … no worries, there isn’t much change to any of the markets this week,
and I’ll have it back this upcoming Sunday on the blog update.
… outta here … “the future’s so bright, I need sunglasses! 😎
… Onward & Upward!!
-vegas
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