Directly below, this week’s 20 Day Range MA & MEDIAN values for selected
markets … take a few minutes and digest what’s in here … traditional markets
are SICK & MANIPULATED TO DEATH … simply pitiful ranges & medians, that
are actually worse than the numbers imply cuz take away POLS &
APPARATCHIKS “blah blah, yada yada” into a microphone somewhere on state
run financial media, and the reports from math whiz kids in government, and
you lose half the ranges cuz everything moves in a nanosecond before it dies!
… good luck making consistent money in this manipulated horseshit, where
scumbag banks control EVERYTHING ABOUT THE TRADING PROCESS … and
while crypto pairs are roaring now and MA & MEDIAN values are relatively fat,
even if they came down a bit, they would still offer better opportunity for
consistently profitable trading cuz of the enormous benefits of trading crypto at
IQCENT … and just when you thought all houses were basically the same when
it came to trading, cuz that’s the way it’s been for years on platforms like MT4 or
MT5, the only question “how much” thievery are the LP’s gonna inflict on you?
Then there’s crypto, which over the last few years has changed dramatically from
as little as 3 - 4 years ago … sure, you got “open order book” [OOB] platforms,
but those can be deceptively manipulated by arbs “spoofing” the shit out of bids
and/or offers to try and show strength or weakness, before those orders are
pulled in a microsecond … and if you look at the bid/offer spread, usually it’s very
tight, but the “gas fees” [a/k/a commissions] are “killer”, running now at about
0.06% per side of your trade, with discounts available if you trade heavy and
often … that means the round turn [RT] is gonna be 0.12% for most … sorry,
that’s bullshit! … but plenty of people pay it at places like Binance, Phemex, etc.
… if you’re trading MATICUSDT [Polygon] at Phemex, for example, the spread is
usually around 7 - 8 ticks [MATIC trades at 4 decimals, so a 7 tick spread would
be 0.0007 between the bid and offer], and at current price around $0.82 as I write,
RT commission is gonna be about 10 ticks … well now, in order for you to make
money on each trade, you have to MAKE 17 TICKS FIRST! … ouch!
Sure, you don’t have to contend with scumbag bank LPS, and their
manipulations, but you have to contend with the crypto “Whales” who are in
every pair, and essentially run the market … they know each other, they talk to
each other, and they act in concert with each other, all perfectly legal in the
“No Rules” environment of crypto … and they’re here for PROFIT! … they move
markets and have billions at their disposal, and in order to get what they want,
in terms of positions, they use the spec community’s stop orders to get the
volumes they need without they themselves pushing price.
Oh for sure, they’ll push it when necessary to hit off stops, and in the case of
sell stops, their bids will be down the ladder to buy from your sell stop when it
gets there in microseconds … once filled, the specs cleaned out, the “Whales”
then come in and bid the shit out of price, and within a minute or two, price has
rallied mightily, sometimes hundreds of ticks … “simply amazing how that works
about 100% of the time, isn’t it?” … and your sell stop fill if you got caught in
that frickin’ mess? … why at the bottom of the m1 of course, where did you
expect it to be? … an awful lot of trades can go up in smoke and send your
account balance into a very big hole in a matter of a few seconds! … and
remember, add in the 17 tick “vig” you paid for the privilege of getting “monkey
hammered” … and while gold is wicked as Hell with their stops, crypto can be far
worse … directly below, from November 16, 2023, a little bit before the criminal
money laundering NYSE open, XRPUSDT got hit with sell stops … this is the kind
of wicked “Whale” action I’m talkin’ about … if you had a sell stop, your fill is at
the bottom of the m1 … if you tried to buy on the way up, you ain’t gonna like the
slippage fill you are about to see … it won’t be anywhere close to where you
thought it should be, and file this under “I got mugged, robbed, & then raped” by
the LP” … no worries, simply call the “Fuckery Department” at your brokerage
house and file a claim!
This is just one example from the MT4 in XRPUSDT … it happens all the time in
other crypto pairs as well … MATICUSDT, SOLUSDT, DOGEUSDT, BTCUSDT, &
ETHUSDT have all seen the same kind of price action, many times multiple times
during the same trading session … the other day MATICUSDT had 4 of these
during the NY session trading.
ARE YOU READY FOR THE SOLUTION!?
I’m going to briefly go over the extremely advantageous advantages of trading
crypto pairs at IQCENT … 1) they’re all one tick markets with no commissions
… so while you pay 17 ticks to trade MATICUSDT AT PHEMEX, you trade the
same pair at IQCENT and it’s 1 TICK! … now, you have to be careful here, cuz just
recently the crypto LP at IQCENT [Thompson Reuters] got wise to ALWAYS
KEEPING A 1 TICK SPREAD … the bid/offer quotes will show 1 tick spreads when
they change, but if the market starts moving once the quote is made, for example
it starts going up, the bid might remain the same for a second or two, but the
offer has already started going up, so you have to be there at the change … if not,
and you wait for Phemex to rally first, you might pay anywhere from 4 - 20 ticks
OVER AND ABOVE that “supposed” one tick spread you’re looking at, and you’ll
end up buying the rally … and in case you’re wondering, you can’t do that!
… 2) one of the big advantages of trading crypto at IQCENT, is that THE LP DOES
NOT WATERFALL THE BID/OFFER WHEN IT GOES TAPIOCA AT PHEMEX!
It might go down a few ticks, but it won’t go down 100+ ticks like what happened
at Phemex … now, that doesn’t mean, if you somehow got caught in this, that you
can sit there and wait … the LP at IQCENT will simply take the market to where
the liquidity is, without the sell stop ambush … eventually, within a minute or two
things are back to normal, but it doesn’t mean you can diddle fuck around and
“hope and pray” it comes back! … 3) IQCENT IS A 100% SPEC HOUSE, filled with
binary option traders and those who trade crypto … and even with only 10:1
leverage, there are plenty of traders who get margined out by the computer
system on these vicious “waterfalls” in price … and when that happens, price at
IQCENT can get very far away from where any of these altcoins are trading at
PHEMEX … I’ve had trades [I showed one the other day] where price can go
150 - 200 ticks BELOW [MATICUSDT] WHERE IT’S AT AT PHEMEX! … and it’s
cuz the computer system at IQCENT is banging out losing trades that don’t
meet margin requirements and it’s wanting a fill ANYWHERE! … as you can
imagine, this doesn’t last but a few seconds ‘til guys like me, “The Mrs.”, &
Miss Gimpy show up, back the boat up at the dock AND LOAD THE HELL UP!
… and as the bid rises quickly after the fill, just sit back and wait for it to stop
going up, and then liquidate!
Now, this isn’t some “close your eyes, take a stab at getting long” with price
crashing through the floor … HELL NO! … I don’t catch falling knives from
airplanes! … price has stopped falling at Phemex or Binance, the “Whales” got
what they wanted, price is now rallying, but the computer system still wants to
sell out trader longs … you got maybe 2 seconds or less … Shit or get off the
pot!” … is there a chance it could keep plummeting? … of course, but not right
away … the “Whales” wouldn’t be bidding off the bottom if it was to keep going
down right this instant … this is the clue you need to see, or don’t buy it! … you
have to think like a “Whale”, and you buy the dump so you can sell the pump!
… QUITE FRANKLY, I HAVE NEVER EVER SEEN THIS SCENARIO UNFOLD IN
ELECTRONIC TRADING! … seen it a few times back in the day of the pits, but
never from internet trading.
So not only do we get a “bigly & yuge” trading advantage in these crypto pairs
cuz we pay roughly 1 tick but everybody else pays 17 ticks, we get “protection”
from both BUY & SELL STOP MADNESS! … and it leads me to make this strong
recommendation when trading at IQCENT … DO NOT … REPEAT DO NOT,
ENTER ANY BUY OR SELL STOPS, NOR LIMIT ORDERS AT IQCENT … if you do,
you will regret it! … mental stops and market orders only! … and if your market
order is “off” the quoted bid/offer by more than a couple of ticks, you might get
A REJECTED MARKET ORDER from the IQCENT COMPUTER SYSTEM! … again,
I have never ever seen this anywhere but here … I’ve had a few of these
“rejected” orders … and while some may see these “quirks” as disadvantages,
I see them as “bigly & yuge” advantages.
Even though this kind of shit happens all the time in traditional markets, you’re
not ever going to get the chance to take advantage of it, cuz the scumbag banks
& HFT’s keep it for themselves … you can’t buy below the bid or sell the offer,
YOU ARE ALWAYS AT THE DISADVANTAGE OF THE SCUMBAG BANK LP
… ALWAYS! … the only way you win is if there is sufficient volatility in the
market you’re trading, and the manipulators LOVE PUTTING THE LID ON VIX!
If gold had 50 different platforms and exchanges around the world, all trading at
once, with NO bullion banks or cartels manipulating price like the FED / LBMA /
COMEX cartel, would there not be wide discrepancies in the price of gold second
to second among the world’s participants? … and from this would rise “arbs” to
smooth price out and make for liquid conditions everywhere … WELL, WE GOT
THIS NOW IN CRYPTO!, and that’s what “arb scalping” is all about … find
yourself a big provider of liquidity [e.g., Binance or Phemex], and then find a
house like IQCENT, where it’s possible, even probable there will be wide
discrepancies in price all the time … in the last couple of weeks, the “Basis”
spread in ticks in MATICUSDT between IQCENT & PHEMEX has been from
-200 to +200 ticks and everywhere in between! … “it’s just a SINE WAVE THAT
NEVER STOPS OSCILLATING!” … AND IN THAT SINE WAVE THERE IS
PROFITABLE OPPORTUNITY FOR PROFIT WITH A VERY HIGH PROBABILITY!
Find a crypto market at IQCENT that you like [maybe 2] … for me, mine are
XRPUSDT & MATICUSDT, and they’ll give you all you want … it’s been my
experience at IQCENT, that ETHUSDT & BTCUSDT are tougher to arb scalp
… not cuz the opportunities aren’t there, it’s cuz the LP slows down the bid/offer
quote changes, and when the bid/offer shifts, the size of the shift can sometimes
be very large … in slower ETH & BTC market movements, the LP gets very
choppy, and I’d say sloppy, in their bids & offers … but if those are the markets
you want to trade, go for it … both MATIC & XRP are in the same approximate
price range … i.e., from $0.50 to $1.00, so I use the same criteria for trading both
… I’m going to give you how I trade them … you may want to develop your own
criteria, but at least you’ll know what to look for in any pair.
I stick to the “buy side” of crypto 100% of the time, for a couple of reasons I think
are significant … 1) crypto is almost 100% specs … from the “Chuckleheads” to
Mrs. Watanabe & Gal Pals, they’re all looking to hit it big in crypto, and 99% of
‘em trade from the long side, and they love the “cheap” alt-coins like XRP,
MATIC, & DOGE … this spells “buy fuel”, along with FOMO & MOMO on the way
up, and also spells sell stops for “Whales” to go after when appropriate … and
all this means volatility and plenty of it … and 2) up moves last longer and usually
go further, cuz they draw in new traders and more money … down moves are
faster and end quicker, so your window of opportunity on the short side is
lessened … you can get away doing stupid shit in a crypto bull market and still
make money … the same can’t be said for the downside!
I’m looking to buy MATIC AT IQCENT CHEAPER THAN THE BID PRICE AT
PHEMEX … how much cheaper depends on market conditions … I NEVER PAY A
PREMIUM TO BUY MATIC OR XRP! … the “setup” for determining this discount
is easy … use a 9 period SIMPLE “SMOOTHED” MOVING AVERAGE [SMMA], and
if that SMMA is sloped POSITIVELY, I’m looking for price at IQCENT to be
anywhere from 10 - 15 ticks below Phemex … you’ll get that on small price
correction activity when the market moves up … all Phemex has to do is stay the
same or rally a couple of ticks, and the IQCENT BID will go up anywhere from
8 - 20 ticks “el quicko mucho” … I won’t ask questions, I’ll liquidate without
hesitation and book the profit … if THE 9 PERIOD SMMA IS SLOPED
NEGATIVELY, market action is taking price lower, and i’m looking for a discount
price at LEAST 20+ TICKS [HOPEFULLY MORE] under the Phemex bid price
… and since crypto very much likes to “double bottom” in some way, shape, or
form, most of the time, I’m looking for that failure on the current leg, along with
crypto traders selling that gets us that deep discount, and then at the turn at
Phemex buying MATIC at IQCENT … it all happens very fast!, and you have to
teach yourself to do this … this is the usual downside scenario, but as always
you have to be on the lookout for the “bigly & yuge” waterfall monkey
hammering … that takes things to a whole new level I covered above with severe
discounts over 100+ ticks.
Most trades I get into, I’m not in over 30 seconds, with many lasting under 15
seconds … “hey, I buy it … Bingo!, Bango!, Boom!, and 11 seconds later it’s 15
ticks higher on the bid cuz some specs see the rally starting, I’m liquidating
… thanks, come again! … granted, crypto lately has been overly volatile, but all
of us here are easily doing 30 - 50 trades over the course of our trading day
… shit moves, it’s the nature of the beast with millions upon millions of specs
trading it … you ain’t getting this in traditional markets, no way no how!
Are there risks to this approach? … yes, if 1) you buy the discount too soon,
and 2) you could buy the discount, Phemex price erodes slowly, and the price at
IQCENT basically stays the same or goes up/down a few ticks … and in that case,
I just liquidate it and move on … I strongly recommend you start with very light
volumes, where it really doesn’t matter what you P/L … a few pennies plus or
minus who cares? … it’s the “PROCESS” you need to conquer … whatever coin
you choose to trade, makes no difference to me, but the opportunity I’ve laid out
will work beautifully in all of them, you simply need to get your skills honed, cuz
this shit is FAST! … this isn’t “get rich quick”, this takes work and developing
trading skills which each and everybody reading this can do … this ain’t rocket
science, but it also isn’t sit on your ass, watch some Soprano episodes, play with
the dog, and check Tik-Tok for chuckles … if it were that easy, your Uncle Eddy,
who lives in Lower L.A., drinks beer all day, and gets up at NOON would be doin’
it! … he ain’t doin’ it! … but if you’re looking for a sound crypto trading “better
than being on the floor as a scalper”, consistent money maker? … it’s better
than the normal scalping algorithm, cuz it doesn’t depend on continued MOMO
… if the pair you’re trading has “normal” VIX, specs will take care of endless
up/down moves for multiple ticks, cuz they are ALWAYS chasing price
… ALWAYS!
Even the slightest bounce will see bids overshoot at IQCENT, as the FOMO
specs will panic and take price higher … the other day, Miss Gimpy had a
MATIC trade where she got in at -15 ticks, Phemex rallied about 4 ticks off the
bid, and the “Basis” went from -15 to +10 … a 25 tick profit on a move at
Phemex of 4 ticks! … welcome to the reality of crypto, where most specs never
saw an uptick they didn’t want to chase after! … and chase they do!
And all the while this is happening in crypto, it’s also happening around the
world in gold … but you’ll never see it on the MT4 cuz the scumbag bullion
banks keep every fucking penny for themselves! … at some point here in the
future, somebody is gonna start trading gold in terms of Bitcoin or Ethereum,
most likely from the Pacific Rim, or the Ruskies or ChiComs … and won’t that be
interesting! … onto the week!
… 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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