PROJECT COMPLETE!, PART 5

 

“Trading comes in many forms & sizes … don’t be this guy!”

You can scream at ‘em all you want, they simply pay no attention … “if a trader

screams in the forest and nobody is around, is the scream real? … well, only

your account knows the answer”! … another day of watching Turnkey’s HFT’s

absolutely butcher the  bid/offer spreads in crypto, with at times the spread in

ETHUSD going beyond $20+ … yes, it’s a bat shit crazy [BSC] day in crypto, so

what else is new? … there appears, from what I see, that there’s only one crypto

pair that comes CONSISTENTLY close to the “open order book” platform and

that’s Bitcoin Cash [BCCUSD or sometimes its symbol is BCHUSD] … it trades

in the 500’s for price, has about a $50 20 Day Range MA, so it’s TWICE THE

VOLATILITY OF ETHUSD … I’ll be expecting the “Second Coming” first before

ETH or LTC has any chance of being adequate to trade at Turnkey … it pisses

me off I have to wait, wait, and then wait some more for these CROOKED LP’S

to offer a tradeable market in crypto … hello BCCUSD!

By now, a lot of you are probably wondering how you get your hands on this

crypto algorithm … just wait ‘till Sunday and download it? … No, it’s not going

to be given away … it costs dinero mi amigo … trust me, not much considering

either it’s power to profit or the time and labor spent to create it … unless you

live under the bridge off the interstate, there isn’t a person out there that can’t

afford it … I don’t work for free! … do you? … as people have known me over

the years know, I’m more willing & able to help those seeking trading help than

just about anybody that certifiably has made a fortune from trading … but what’s

different about this, is that there’s a “kicker” for everyone who purchases the

algorithm for their trading crypto, or futures markets that are highly volatile

[e.g., crude oil] … that “kicker” along with price will be revealed tomorrow in

“Part 6” … bottom line is simply this … “you can’t lose, and I’m going to explain

how that’s possible in tomorrow’s blog post” … let me be clear here, I’m not

guaranteeing anything … if you sat next to me in person and traded alongside

me, where I have some control over what you do, I would tell you there’s no way

you lose money over time … no way … your gains would be at least as good as

“The Syndicate”, probably more cuz your risk threshold is greater than mine

… and I would stake my trading reputation on that statement … in any event,

tomorrow’s blog fills in the gaps with details.

Turning to crypto in general & ETH and BCC today … well, it started off well

enough, and picked up steam to the downside once New York got in … and

since every single time crypto moves lower we get the same financial MSM types

who trot out the same old tired bullshit of 1) Gubermint is gonna crackdown!,

2) buy the rumor, sell the news on the BTC “taproot” upgrade [which btw makes

BTC more private, more secure, AND MORE ANONYMOUS THAN EVER!], and of

course the usual horseshit about “tweets” from celebrities trashing crypto or

giving their 2 cents worth … “how about some “whale” selling to shake out too

“Hoover Dam” many longs, who think crypto can only go up? … NOTE TO

“NOOBS”: yea, that’s why they’re called “markets”, cuz they go up/down”!

It’s really quite amazing … just looking AT ONE NO KYC CRYPTO TRADING

HOUSE THAT’S OFFSHORE, in ETH there is approximately $5 - $10 million

dollars worth of bids and offers within $1.50 of the current price … yet Turnkey’s

LP thieves in ETH, which btw can only be traded up to a volume of “half a million”

at one time [100 ETH] quote you a bid/offer of anywhere from $5 - $20+ … that’s

kinda a far cry from the bid/offer spread of 5 FRICKIN’ CENTS! … thieving much?

… and that’s before SLIPPAGE on top of that! … watching BCC closely today,

when things got somewhat out of hand to the downside in other pairs, the spread

in BCC went out some, but nothing like the blatant thievery offered up in other

pairs … cuz when you want to buy the low “Thelma & Louise” puke from “Noob”

sell stops, you don’t wanna be paying 50X - 100X over and above where the offer

should be! … what the hell kind of sense does that make? … no trades today for

the Turnkey PAMM, cuz the bid/offer spread in ETH was outrageous almost the

entire day … tonight I’ll switch my emphasis to BCC and we’ll take it from there.

Meanwhile over on a real “open order book” [OOB] trading platform,

“The Syndicate” UP APPROXIMATELY 1.1%

Those mouth watering drops in ETH, right around Noon in New York, led by

“Noob” sell stops getting slaughtered, led to algorithm buy signals that were a

dream … and while the OOB platform has a 5 cent spread in ETH ALL THE TIME,

Turnkey has a fire sale at these lows, where the spread is in excess of $20+

… wait, WUT? … yea, WUT no shit! … and they have the nerve to call themselves

a brokerage house … like I said, one pair stays legit and that’s BCC … and for

those of you that don’t know, this is crypto baby, and it’s like this ALL THE TIME

… you like watching paint dry or grass grow? … then manipulative  FX welcomes

you! … and it’s worth repeating … if you had the algorithm in your hands today,

you could have racked up some really good gains, whether you choose to trade

from the long or short side!

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

… Onward & Upward!!

-vegas

SUNDAY UPDATE: PARADIGM PROFITS!

 

“Know your trading paradigm!”

As we move towards launch date with the algorithm, it’s critically important you

understand which paradigm the algo returns fantastic results, and under what

circumstances it won’t do very well and you’ll be disappointed … VOLATILITY

[VIX] is the name of the game! … under normal circumstances, the greater the VIX

in a market, the greater the probability the algorithm will perform exceptionally

well … the algo has been designed for “normal” to “above normal” historical

volatility, so we don’t need “bat shit crazy” [BSC] to succeed … in fact, what

history tells us about markets, is when conditions do go BSC, bid/offer spreads

blow out AND slippage becomes a real problem when dealing with Liquidity

Providers [LP’s], so completely BSC markets won’t be doing us any favors either.

On the flip side, LOW VIX in any market will lead to higher probabilities of “false

positives” in trades, with a greater probability of loss … in other words, the

dreaded “chop” shows up … as I’ve said before, no market is immune from VIX

changes over time, and the cycles of high VIX to low VIX, and back again,  can be

a lot longer than people think [years / decades] … there are other factors as well,

like overt government manipulation, that started in earnest after the ‘08 financial

crisis and has ramped up HIGHER every year since … we see this in “Stock

Bellies” [the “88/6/6” paradigm, and price is manipulated higher], AND FX &

gold / silver, where FX pairs by each respective central bank to keep their

currency from appreciating against the dollar or major trading partner [a/k/a “race

to the bottom”], and with gold / silver the FED via the “Rally Protection Team”

[RPT], with the help of the BIS [Bank of International Settlements] … these

manipulative operations are all geared towards DECREASING VIX … and when

VIX gets crushed, so do traders, cuz markets ain’t moving … this is “THE”

modern day manipulation M.O. of central banks worldwide and their BFF, the

scumbag bank LP’s. 

As I sit here today, if you plan on using the algorithm to trade ANY FX PAIR,

you’re gonna be disappointed … of the major FX pairs with “total cost to trade”

under 1 PIP at TURNKEY, ONLY GBPUSD & GBPJPY come close to the lower

boundary of acceptability in terms of 20 Day Range MA’s, where the cutoff point

is 90 PIPS … anything BELOW THAT AND YOU’RE COURTING TROUBLE!

… currently, GBPJPY is at 89.3, and GBPUSD is at 92.0 … note, with Cable, there

are 2 large range days in the last 20 that skew the average … without those 2, the

20 Day Range MA would be easily below 90 … and just for comparison’s sake,

USDJPY = 60.8, EURUSD = 64.8, USDCAD = 82.0, & AUDUSD = 68.5 … and over

the approximate 50 YEARS of FX trading, VIX is scraping the LOWS of historical

norms … so, what does this tell us, IF WE’RE IN THE MOOD TO “LISTEN”?

… “it’s screaming, go find other markets”!

Then there’s gold … it’s current 20 Day Range MA = $20.79, sitting right on top of

the lower boundary of trading acceptability … and like Cable, there are 2 days of

the last 20 that skew the average … without those 2 days, Gold’s 20 Day Range

MA would be around $18 … here though, we have the added 2 dimensions of

1) the “Chuckleheads” in the Asian session led by Mrs. Watanabe & Gal Pals,

and 2) New York almost always [about 95% of the time] FADES whatever Asia

does … and lately, New York trading has been nothing short of a “Meat Grinder”,

with no discernible trend to be found EXCEPT SELLING by the usual suspects.

“Stock Bellies” at Turnkey have only one market that CONSISTENTLY has

trading conditions favorable to specs, and that’s the DOW30 [a/k/a “The Tulip

Bulb 30”] … other indices are not nearly as favorable either cuz of high spread,

or horrible slippage, OR BOTH … given the paradigm currently in affect, which is

the “88/6/6” [88% of the time price goes UP, 6% of the time price goes SIDEWAYS,

and 6% of the time price goes DOWN], trading the DOW30 from the LONG side

ONLY makes perfect logical sense.

Then there’s crypto, and until very recently, I’d written off Turnkey for trading any

of their crypto pairs cuz they were NOT competitive with “open order book”

platforms … since Ripple has been delisted, there are only 4 crypto pairs to

choose from at Turnkey … BTCUSD [Bitcoin], ETHUSD [Ethereum], LTCUSD

[LiteCoin], & BCC [Bitcoin Cash] … BCC is not competitively priced … ETH,

so far, is GROSSLY OVERPRICED IN TERMS OF COMPETITIVENESS with “open

order book” platforms … LTC offers about the same costs as “open order book”

platforms, but LTC doesn’t move like the others and is somewhat of a laggard

… TURNKEY has “turned the corner” with BTC, and now has the VERY BEST

PRICING FOR TRADING BITCOIN ANYWHERE YOU LOOK! … all that matters is

“total cost to trade”, and for BTC at Turnkey under “normal” conditions, you

can expect to pay a total cost per round turn trade of $7 - $25 … that’s well below

50%+ what “gas fees” [commissions] are on ANY “open order book” platform

… the downsides to Turnkey’s BTCUSD? … 1) not open on weekends, and

2) MAX leverage of 10X … IMHO, not that big of a deal, but to some “shooters”

out there it might be.

Then there are the crypto alt-coins … best places to trade these, IMHO, are

PHEMEX & BINANCE … the alt-coins are even MORE VOLATILE THAN BTC!

From my perspective of support for traders via the trading algorithm, anything

listed for trading at either TURNKEY, BINANCE, OR PHEMEX, I can help your

trading … anything not listed on these brokerage houses, and you’re on your

own.

Quite frankly, I don’t care where anybody trades … as long as you’re happy, I’m

happy, but I’m only happy when I can get everything I want in terms of LOWEST

COSTS … if you don’t want to use the MT4 or MT5 platform to trade, but instead

use proprietary platforms [e.g., PRIMEXBT], the trading algorithm should be fully

functional ON ALL PLATFORMS … when you combine the 4 markets I listed at

Turnkey, nobody has LOWER COSTS TO TRADE … nobody … somebody might

have a slightly lower cost on one of the markets, BUT NOT AS A GROUP … and

this group gives us the best selection of potential volatile markets going forward,

than any other list of markets you can name, at any other group of offshore

brokerage houses that are NO KYC. 

As for the alt-coins, some people like ‘em and some hate ‘em, and with BTC around

and offering plenty of “thrills per second”, why should I even care about alt-coins?

… and I get that … it’s called “personal choice” … I know people who have

accounts at many different brokerage houses, cuz they like one particular market

at each one that serves their needs … I also know plenty of people who hate this

idea … “give me a place I can go to get the best all around conditions of markets

I may trade, at the LOWEST COST, cuz that puts money into my pocket”! … well,

under that scenario, even with all of their brokerage house warts, that makes

Turnkey the BEST CHOICE … remember, no house is perfect … NONE!

Given all that I’ve said so far, you still have to know the specific paradigm YOUR

TRADING MARKETS OPERATE UNDER in order to succeed … yes, they ALL

share many attributes, but there are specific items to each that the others don’t

have, and you have to know them … no sweat, the algorithm manual has you

covered, and the PATREON group [$5 per month AND financing available 😂😂]

with support via email & live chat has a definite edge on the “grey areas” I’m

familiar with … “yes, I know, 16 cents a day is “a lot” … I talked with the dog

about it, and he says that’s 1 ½ slices of deli honey ham he’s giving up per day

… but he’s on a diet so he doesn’t mind … besides, he says he knows where

I live”.

Of all of the markets I follow, the one that needs & demands special attention is

Bitcoin [BTCUSD] … so much so, that the algorithm manual devotes an entire

section specifically to BTC … as the only financial asset that has a very high

asset value versus other markets, there are characteristics of BTC you won’t find

in other markets.

One last thing I’ll bring up about the trading algorithm before I call it a day … and

that is this … “don’t underestimate its POWER to make you money simply cuz of

its SIMPLICITY & EASE OF USE”! … every single scrap of the algorithm has many

tons of behind the scenes high level math, as well as “logic functions” most are

totally unfamiliar with … if I wanted, I could have made the manual 500+ pages

and gone over in excruciating detail the math … quite frankly, just like your

smartphone, you don’t really care about the quantum physics, Boolean algebra,

network & information theory behind it, just show me how to effectively use it! 

… outta here and onto the week! … “the future’s so bright I need sunglasses”! 😎

… Onward & Upward!!

-vegas

SUNDAY UPDATE: CARDANO [ADAUSDT] GOES NUTS

 

"But, but ... Mary hard fork!"

“Weekend trading in crypto is dull … said nobody evahhhhhh”! … new all-time

high [ATH] in Cardano on Saturday, pushing up towards $1.50, even with

weakness in BTC & other pairs, only to see the rally train get derailed today with

further BTC weakness down towards 45K … the “Mary hard fork” happens

tomorrow, March 1, which updates the ADA block chain protocol … for those

that want further info, follow the link directly below.

https://medium.com/cardanorss/the-mary-hardfork-what-will-it-mean-for-cardano-

2d4367a2288a

And what this means is simple … MOAR! users, developers, and publicity for a

block chain that is faster & much cheaper than Ethereum, that bridges other block

chains into the ADA network … and that spells Billions of dollars in “GAS”, fees

needed to pay to get “smart contracts” onto the block chain domain … and who

benefits from that? … the coin holders that’s who.

This weekend sees me continue working on the MODIFIED TUNNEL TRADING

[TT] ALGORITHM, which unless there are any surprises I don’t know about,

should be ready to be released 2 weekends from now, here on the website in PDF

… as I’ve stated previously, the algorithm & manual will be FREE to everyone

… 24/7 live chat on a secured, anonymous, & private network, with me being

online  during North American trading hours, along with special proprietary

research will be available to those who support us via “PATREON”, along with

algo trades I make in real time on the chat for “The Syndicate” & the Turnkey

PAMM / MAM … I’ll have PATREON info when appropriate, for people to sign up

… those that simply avail themselves of the algorithm & manual, you’re on your

own cuz it’s FREE … email & live chat support, trade recos from the algorithm,

as well as other digital formats coming, are available to those that minimally

support our efforts at attempting to make you rich … I’m not trying to reach into

anybody’s back pocket, cuz I don’t need your money … on the other hand, if you

don’t pay something, you’re not serious about trading, and way too many people

who only have a “curiosity” about trading and aren’t really serious for whatever

reasons, end up wasting our valuable time. 

All I’m asking people is $5 per month, or LESS THAN 17 CENTS PER DAY, cuz

crypto never closes … now, I understand the “lone wolf” mentality, so those who

want to go it alone, be my guest … all the best, hope you do well and follow the

algorithm to success … but at LESS THAN 17 CENTS PER DAY, billed monthly

by PATREON to one of your bank cards, anybody who claims I’m breaking the

bank is delusional … quite frankly, if you can’t afford 17 cents a day, you either

1) don’t want to trade and make money, or 2) are dead broke living underneath

the freeway bridge … at a minimum, anybody can simply follow my trades on live

chat, and there ya go! … and btw, the live chat feature isn’t just with me, but

users can chat with anybody that happens to be online at the same time as you

… there could be nobody on, or there could be hundreds / thousands on … point

is, you have the ability to chat with others using the algorithm and get their

insight as well.

I’ll be able to support anybody that trades the following markets … 1) MT4 CFD

markets XAUUSD [LBMA SPOT GOLD], XAGUSD [LBMA SPOT SILVER], WTI &

BRENT CRUDE OIL, respectively, DOW30 [US], SP500 [US], NDX100 [US], DAX30

[GERMANY], FTSE100 [UK], & CAC40 [FRANCE] … 2) ALL crypto pairs at

PHEMEX in the “spot / cash” market section … currently there are 11 pairs, and

more are on the way, with 4 more in beta testing as I write.

Starting next weekend, I’ll be tracking both “The Syndicate” [crypto only] and

the Turnkey PAMM / MAM [MT4, and sadly no crypto cuz they’re idiots] results

… a little later than I had hoped, but we’re good to go now.

The trading algorithm is for scalpers and day traders, and given the overnight

volatility, as well as weekends, quite frankly I don’t know how anybody positions

any of this stuff when they’re sleeping or away from the market they’re trading

… the longer you hold something [long or short], the MOAR! things that can go

wrong, and the worse the “error rate” in mismanaging your position … and then

before you know it, you’re back in the “Pudding Business”!

One more thing … I don’t care where anybody trades, as long as they have

access to the MT4 platform … for those of you living in the U.S., you already know

your choices for “offshore trading” are limited, but the good news is that more &

more brokerage houses are going “NO KYC” and use crypto [BTCUSD] for

deposit/withdrawal … Turnkey Forex is now “NO KYC”, and for the MT4 markets

I cover in the algorithm, on the whole they are as competitive with anybody out

there … use the link in the right hand column and sign up with Turnkey via my

affiliate link … the demo has no expiration, and requires only that you log into it

once every 30 days … or, if you need a live account sign up as well.

For those outside the U.S., if you already are using another brokerage house that

supports the MT4, and you like your bid/offer spreads + round turn [RT]

commission structure, then use it! … however, check the difference with Turnkey

to make sure you’re getting the LOWEST COST TO TRADE POSSIBLE.

For crypto trading, I whole-heartedly recommend PHEMEX … located in Singapore

and founded by ex Morgan Stanley execs, they have the best selection of markets,

both in “spot” and “perpetual futures” of anybody out there … and while EVERY

offshore crypto exchange is usually “NO KYC”, and all you need is an email

address & some BTC to get going, and PHEMEX is no different in that regard,

they all pretty much say the same thing … no U.S. customers allowed … and that

message mi amigos is to simply get the U.S. government off their backs, while at

the same time welcoming U.S. customers, as well as anybody else regardless of

where you’re from, cuz EVERYBODY USES A VPN … so, if that’s somehow

bothering you, fugetaboutit! … but, if you like someplace else better, the algorithm

will easily overlay onto their charting provider [usually TradeView] … bottom line

is, I don’t care where you trade … simply get the best & LOWEST COST TO

TRADE for yourself or you’re throwing money out the window as you drive down

the highway! … I’ll break down why I think PHEMEX “spot” markets are the very

best deal going, in a later blog post this week.

Until tomorrow … “the future’s so bright I need sunglasses”!  😎

… Onward & Upward!! 

-vegas