SUNDAY UPDATE: HAVE THE “WHALES” FIGURED IT OUT?

“A bigger bar of soap just hit the shower floor! … the “whales” are ready!”

An artificial date on the calendar, ushers in a whole new ballgame nobody but

nobody is talkin’ about, lest they feel the heavy wrath of “establishment crypto”,

and quite frankly they are as bad as the central banks manipulating FX! … and

while it could be temporary, my gut says it ain’t … the crypto “whales” have

learned the lessons of their masters, who are the evil people running central

banks, and now aren’t content to see specs successful … it’s called “forced

liquidations” set at extremely tight levels of price away from your long / short

position, and no matter how much money you have in your account, if BTC goes

more than $210 against you, the computer liquidates the position … and who

has the bids / offers in the market to sop up these liquidations and then turn the

market? … it sure as hell ain’t you or me, and it’s the “whales” and/or large LP’s

that make the money … and if you’re looking for a reason to hate trading BTC &

ETH, you’ve found a legit reason not to … doesn’t affect the alt-coins as much,

but the 2 big dogs it has a very big effect so far into 2022.

Directly below, the 20 Day Range MA’s of selected instruments.

click on table to enlarge

Focus your attention on the last crypto pair, which is BTC-DOM, which is the

index ratio of Bitcoin’s capitalization divided by ALL OTHER ALT-COINS, and this

is the 20 Day Range MA of that percentage expressed as an index, meaning it

can’t go below zero or above 100 … directly below is the Daily candlestick, where

the white line is spot cash … and while it took traders a few days to catch onto

the new bullshit foisted upon BTC & ETH by the “powers that be”. BTC over the

last 6 trading days has lost approximately 5% to the alt-coins in terms of

capitalization, meaning BTC is going down faster than the alt-coins … “Now,

what could be causing that I wonder”? … EASY PEEZEE” “some HODL-er rotation

out of BTC [selling], and some new HODL-er rotation into some of the alt-coins

[buying], as people understand and come to comprehend what these “forced

liquidations” are going to do to volume & liquidity going forward. 

click on Daily chart to enlarge

The European open tonight sees me ready to trade the DAX40 … it’s the only

chance we got for “Stock Bellies” at Turnkey, simply cuz what they got in U.S.

indices are nothing but a bunch of thieving LP’s, with slippage that would/should

choke an elephant! … and despite their bullshit lies to the contrary that

everything is “A-OK”, it ain’t … they know it, the LP’s know it, and they know

that I know it … so the game of charades continues for the unwary … and as

long as trading conditions stay relatively consistent as they have been, we’ll be

OK in the DAX40 … slippage here has never been an issue, it’s always been the

bid / offer spread, and what is it today? … lately they’ve been OK … if they step

out of line, then I stop trading and looking at it … so, we’ll see this week how

things go … and then there’s ETH and crude oil … would it kill crude oil to

correct some?

I had planned on starting results summaries with the new year … Priscilla the

Trading Gorilla [PTTG] appears to have caught the Omicron variant, and is in week

2 of feeling like shit … she says she’s feeling better, but it’s slow and not as fast

as she would have hoped, but sometime this week she’ll start trading … so, look

for results come next Sunday on the blog for both of us. 

 … outta here … “The future’s so bright I need sunglasses”!! 😎😎

… Onward & Upward!!

-vegas

 

SUNDAY UPDATE: PEAK STUPIDITY ON DISPLAY

 

“Where’s Brandon!?”

Where’s Brandon? … I guess he had to get his diaper changed or somethin’

… nothin’ says clueless, tone deaf Dopes like a group photo of the absolutely

worthless & useless G20 POL party in Rome … “Taliban Joe” brought 800

sycophants, met with a clueless Pope to assure us “I’m a good Catholic!”

[Bwahahaha], whatever that is supposed to mean given he’s “all in” for abortion,

and all of the party photos will be on display at the “Goebbels Institute of

Communications” located somewhere in “The Swamp” … hundreds of millions

spent for POL bullshit, where ZERO is accomplished … this IS “peak stupidity”!

I had hoped to get the project I have been working on for readers finished by the

end of October … well, it’s gonna have to wait a week or maybe 2, simply cuz

there’s still some heavy lifting to do before it’s ready … but, I can assure you it’ll

be worth the wait … stay tuned!

Directly below, the 20 Day Range MA for selected trading pairs.

click on table to enlarge

As you look at the table of 20 Day Range MA’s, you’ll notice an addition of 3

crypto pairs, bringing the total to 6 … the additions are XRP [RIPPLE], DOT

[POLKADOT], & BTC-DOM [BITCOIN DOMINANCE] … the additions will become

obvious when the project is finished … notice how volatile these alt-coins are

relative to Bitcoin [BTC], especially DOT … you want volatility in a daily range?

… the VIX in DOT is higher than BTC, and this coin has a mind of its own, it just

doesn’t follow BTC.

What is BTC-DOM? … it’s a metric of BTC market capitalization divided by the

market capitalization of every other crypto pair … in other words, it’s an oscillator

that cannot fall below 0, or rise above 100 … since it’s a well documented fact

BTC influences price direction of alt-coins, BTC usually rises faster and drops

quicker than the alt-coins as a whole, thus when BTC gets “monkey hammered”

this index will most likely fall, and when BTC goes ballistic to the upside the index

rises … directly below, the top daily candlestick is of BTC-DOM Aug - Oct 2021,

and right below it for comparison is the BTC daily candlestick for the same

period.

click on chart to enlarge

This oscillator / index [BTC-DOM] is starting to gain a lot of interest from traders,

especially those who want to trade BTC, but don’t like the extreme volatility that

can potentially kill their account … from a practical perspective, this oscillator

won’t go much below the high 30’s, or much above the high 70’s or in extreme

cases the low 80’s over an extended period of time, and gives traders the

opportunity to have BTC exposure, but against all other coins … in other words,

it’s a great pair to trade for those interested in mitigating risk of BTC price VIX, but

still finding opportunity to trade BTC trends.

This upcoming week is FED week … oh boy, hurry up & wait ‘till Wednesday at

2 PM EST … the most important FED meeting evahhhhh! [until the next one of

course!], and the consensus is the Lounge Lizards will announce their “tapering”

plans to reduce QE … given the state of China imploding, inflation roaring, and

the U.S. economy stagnating, how long will it be ‘till the FED gives up this plan?

… EASY PEEZEE: “they’ll give it up when the SP500 tanks, cuz it’s the only thing

that matters to these globalist Satanists … make no mistake, these are evil people

who DO NOT have your interests at heart”!

Onto the week … outta here … “the future looks so bright, I need sunglasses”! 😎

… Onward & Upward!!

-vegas