Are you feeling the earthquakes? … yes, Bitcoin & Ethereum, the 2 big giants of
the crypto world are waking the fuck up and VIX is expanding … and more
importantly from where I sit, after a series of upgrades to their trading platform,
IQCENT appears to have a better, seamless flow of price than before … I’ve said
before, I prefer the smaller alt-coins cuz they 1) flow better, 2) offer better pricing,
3) can be more volatile, and 4) are priced better than IQCENT’S platform, which at
times can be slow to the punch and sluggish.
However, while I prefer ETH over BTC cuz of price, these last couple of weeks
have seen much better performance from IQCENT’S platform in regards to both
pairs … and with VIX improving as we move into 2024, with a Bitcoin “halving”
due in April 2024, both look to be improving on the VIX front … ETHUSDT
currently has a 20 Day Range MA & Median of approximately $75 & $60,
respectively … that was last week’s values, and I’m pretty sure they’ll improve
some come Sunday’s blog update … the question becomes then, whether you
trade Ripple, Polygon, or Ethereum, how does VIX going up down affect “arb
scalping” either of the pairs you choose to trade?
The answer is that it will affect whatever discount IQCENT has to spot at
Phemex … if VIX is DECREASING, discounts WILL BE SMALLER … if VIX is
INCREASING, discounts WILL BE LARGER … keep this in mind as you trade
each day, and pay close attention the the 9 period SMMA and for changes in
slope … as for ETHUSDT,, with a median of $60 for the New York session alone,
that’s plenty of VIX for some serious trading.
This last week [not counting yesterday cuz it was a Holiday], all of us here
[me, “The Mrs.”, & of course Miss Gimpy] have noticed an unfavorable change
in how MATICUSDT is traded on the IQCENT platform … it might be a 1 tick
market in theory, and quoted as such, but if you aren’t right there at the price
quote change, the LP will gut you like a fish for dinner … Miss Gimpy especially
pissed off at the LP for some truly horrible fills, where she’s been filled 3-5 ticks
off the offer … all I can say is, the LP doesn’t like getting picked off, and after
some weeks of probably noticing profits are down, they’ve made changes to the
computer code that benefits them and is to the detriment of us as traders … I
don’t think it’s an accident that they’ve done this.
Needless to say, traditional markets are dead … what a fucking joke … a slap in
the face of the concept of “markets” that are supposed to be free, honest, and
fair … Bwahahahaha! … manipulators everywhere are laughing! … NO trades
today in anything, crypto quiet as well, although some movement in BTC & ETH,
but the other alt-coins very quiet and subdued … on Sunday’s blog update, I’m
gonna get into detail of ETHUSDT on the IQCENT PLATFORM … with ranges and
VIX expanding, it’s a good market to “arb scalp” … until the blog update!
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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