CRYPTO TICKER

powered by Coinlib
Showing posts with label skew. Show all posts
Showing posts with label skew. Show all posts

Sunday, January 26, 2020

SUNDAY UPDATE: STATISTICS MATTER!

“What you trade AND where you trade MATTERS!”

Directly below, this week’s ‘VIX MATRIX TABLE” … take a good, hard look.

click on ANY chart or table to enlarge

I’ve added a new column, that takes into account the average bid/offer spread
when trading … WTI Crude Oil & DOW30 CFD’s trade commission free at FX
CHOICE, but everything else is calculated from PRIMEXBT … one major item of
interest regarding crypto, is that these figures are for trading approximately
$2,000 notional amount of the crypto pair, which is not very large in the scheme
of things … climb higher, and the percentages of what it costs to trade relative
the 20 Day Range MA go north quickly.

And so, looking at the above table, what jumps out at you? … well, it’s the
TOTAL COST to trade the DOW30 at FX CHOICE relative to its 20 Day Range MA
… at less than 1%, it’s one of the very best CFD’s out there that has everything a
trader should be looking for, which is 1) above average IVIX [intraday volatility],
2) most days see 90% - 95% of the days range confined to NYSE trading hours
[9:30 AM EST - 4:00 PM EST], which is a 6 ½ hour day … the more the movement
in less time, the better the market, and 3) a fairly stable bid/offer spread with LP’s
that fill orders in about 300 - 500 milliseconds … not the fastest on Earth, but
good enough to convince me I’m not getting screwed by an MT4 or MT5 robot,
meaning I’m being filled at the market price from a legitimate LP.

I like the fact that at FX CHOICE, the DOW30 CFD is 10X the index, so a 1 lot
volume is = to approximately $290,000 … in addition, the PAMM /MAM is cleared
to trade up to 100 lots, and if I need more at some point, all I have to do is tell the
banks what I want, and they’ll up the ante with no problem … by comparison, the
DAX30 at FX CHOICE is one of the very best around as well … sadly, it’s not the
same with either the SP500 or the NDX100, which have far higher costs and make
both unacceptable for trading.

Now look at crypto, and when you consider it’s only for $2,000 worth, why on
Earth would you pay these exorbitant fees in order to trade it? … I can see some
BTC trading, even with its relatively high cost cuz it moves, but the others? … I
mean seriously, take in fully the percentages involved here … you’d literally have
to be nuts to trade either EOSUSD or XRPBTC … each trade is gonna be OVER
10% of the day’s most likely range? … wut? … by comparison would you trade
gold with a $17 spread, or the DOW30 with a 27 index point spread?

Directly below is the FX CHOICE PAMM / MAM uptodate results. Since it’s the start
of the new year, why not start from January 1, 2020 and go forward from there?


Directly below, a statistical breakdown of key data for 2019. I’ve also posted it
over in “Download Links” for future reference. 


Directly below, our 20 Day Range MA’s broken down by group.

STOCK INDICES





All have a slight “skew” to the upside, due to the “war that wasn’t” … this will get
worked off in due time, but it’s important to know the DOW30 is about 20 index
points higher than normal from that one night.

PRECIOUS METALS



Some slight upticks, but gold is still very unstable in New York with ranges all
over the place. It still has a very big problem with slippage on fills.

FX [GBPUSD & GBP CROSSES]



FX volatility at all time record lows, and Cable’s 20 Day Range MA falls below 100
for the week.

It’s a heavy dose of earnings for the DOW30 this week, and of course we got the
coronavirus in China & throughout the world to deal with … it looks to be a
volatile week … until tomorrow mi amigos … Onward & Upward!! 

Have a great rest of your weekend everybody!

-vegas













Sunday, December 9, 2018

SUNDAY UPDATE: NEW MARKETS, NEW OPPORTUNITIES!

“Wake up & smell the coffee! … A mandatory quiz comes later!”

Before I get to gold and how “Hoover Dam” sick it is, my focus today is on 
OUR NEW WEBSITE, www.traderzoocrude.blogspot.com , and it’s up and 
running as I write, with my first blog already posted over there. Add it to 
your web browser favorites or toolbar, and sign up as a follower while your at 
it … Thanks!

Now, here’s the deal … "Traderzoo Crude" is primarily about WTI Crude Oil 
& Nat Gas markets … however, there are 19 other Commodities, FX, & Stock 
Indices markets that are available for trading, where I can employ a multitude 
of volatility strategies with limited risk … “how’s this possible”? … visit the 
website and find out, cuz no need to be redundant here … “let me just say, 
though, that once you understand what’s being presented, and how to take 
advantage in the markets of your choice, among the other 19 markets, I’d bet you 
won’t want to trade anything like you’re trading markets now … and I’m most 
pleased that among the stock indices, the Russell 2000 [RUT2000] is included, 
and I know of at least one reader [“yes Gary, here’s your 15 minutes of fame”], 
where once you “get it” you’ll be on it like white on rice”!

Quite frankly, with the focus of “Traderzoo Gold” on gold, it becomes harder 
each day to give attention and focus to other markets that are moving and 
making gold look sick … the blog just becomes to long and unwieldy. Not so 
now, cuz while I focus on our WTI Crude Oil signals service trades daily, I’m 
also able to focus on the other 20 markets as well, looking for low risk, high 
profit potential volatility situations, and those interested in those can simply 
visit the website daily.

Even if you don’t think you’re interested in anything but gold, please visit the 
new website and read my first blog … “trust me, what you don’t know, WILL 
COST YOU MONEY, and this is no exception … what I present is most likely new 
to most readers, but once you get your eyes opened, your brain will explode once 
you realize, that what I’m doing in WTI Crude Oil is exactly what the vast 
majority of traders in the world desperately need, and that is a very volatile 
market with limited risk, high profit potential, and no worries about scumbag 
LP’s running a stop … in other words, “Yes Marie Antoinette, you can have your 
cake and eat it to! … so, do yourself a favor and read it”!

OK, on to the gold market … directly below, gold versus the SP500 for 
comparison.

click to enlarge

click to enlarge

As you can clearly see, gold simply gets sicker by the week … why are ranges 
collapsing? … and notice the difference in gold between the daily and New 
York … “hello Asia & Europe, what the hell are you doing, cuz you sure ain’t 
trading gold are you”? Take a dive between the numbers and it’s even worse, 
cuz what’s happening is a few days have decent ranges that “skew” the 20 Day 
MA higher, and make it appear on the surface there is more action than there 
really is … “and the problem is, nobody has any idea which days are gonna be 
“skewed” higher and which are sick … seems Squid & the boys have left me off 
the email list”!

Onto this week, and while my options positions via the C2 options advisory 
signals service are doing well in GLD [SPDR gold ETF], the rally has been 
pretty sick, although gold is well supported via market perception of a radical 
shift in FED policy from tightening in 2019, to one of almost no rate hikes 
expected in 2019, and rate cuts in 2020 … still, as I’ve stated before, buy rallies 
in gold, and “sleep with the fishes”. This time is no different, and so we wait in 
the PAMM for appropriate breaks in price, especially in Asia & Europe, and 
then getting long in New York … “chasing price higher in gold will get you 
nothing but a ticket to the poor house”.

Have a great rest of your weekend everybody, and PLEASE visit our new 
website NOW! ... Thanks!
www.traderzoocrude.blogspot.com

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND
OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 
SERVICE.  DETAILS IN “DOWNLOAD LINKS” SECTION IN 
RIGHT HAND COLUMN. START YOUR JOURNEY FROM 
WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!










 

Friday, September 21, 2018

WHAT COULD BE SIMPLER?

“That look you get when everything you believe in turns out to be bullshit!”

Things you wish were true but aren’t; 1) financial markets are “fair & honest”, 
 2) our elected leaders serve the “people”, 3) the intelligence community 
[another great oxymoron] works for the protection of the people, & 4) “justice” 
is honorable. Things you know are true; 1) today’s Democrats are thug, 
authoritarian Stalinist's, 2) most Republicans are spineless pieces of jelly, 
3) government at all levels is corrupt, and 4) no bank, in any capacity, has your 
best interests at heart.

A small list to be sure, but I continue to run into people who have that  
“Dorothy look”, cuz they can’t believe their country has turned into shit before 
their eyes in less than a generation … “well, Sheeple continue to vote for 
corruption, bribery, & graft, so what do you expect? … keep returning to office 
assclowns like Schumer, Pelosi, Waters, Feinstein, and the rest of the corrupt 
cabal, who’s only real talent is moving goalposts for an MSM that has the 
“vapors” for more progressive bullshit, and promoting MOAR free shit for the 
Free Shit Army [individual responsibility is so “yesterday”] … financial markets 
are just a reflection of greater society … fish rot from the head down … all the 
cesspool of corruption & bullshit present in the hypocrite capital of the universe 
[D.C.], is also prevalent in financial markets … some days it’s hard to tell which 
has the greater stench”.

Turning to today’s EURJPY market … “Chuckleheads will be Chuckleheads, 
ramping EURJPY higher in the last 2 hours of the Asian session … of course it 
gets faded, as Mrs. Wantanabe & gal pals wouldn’t know what to do with profits 
… all they ever do is deposit MOAR money”. We’re in the European session now 
… which means of course, all markets are basically dead … nothing here but 
“crickets” … “oh for sure the Pols & Apparatchiks, of all stripes, are out on the 
wires babbling about “Brexit” this and “Brexit” that, getting Cable to dance for 
the mistress fund, both up & down, and a little coin for the Pols & regulators who 
don’t do shit, but expect and demand their cut anyway … an amazing sight to see 
as headlines race by, which one can outdo the others and say the most inane and 
already known info, as if it’s newsworthy, which can only mean the purpose is to 
line somebody’s pocket … “if only Vito Corleone knew what could have been” 
… would he have been any worse than the scumbag LP’s , Pols, & Apparatchiks 
we have now”? [Hint: emphatic NO.]

And of course, I fully expect SHTF sometime between 7 - 8 A.M. EST, as Wall 
Street “early birds” get to their trading desks, and another “NFP day” [cuz the 
day ends in “Y”] will be at hand in financial markets, from equities to FX.  
“Just another day in the manipulation washing machine”.

“Well, that escalated quickly to the downside didn’t it”? … and once again, 
making me look like a broken record, Pols & Apparatchiks step in the way, move 
markets drastically with volatility from the HFT’s & scumbag banks, and the 
results are all too familiar … Congrats to the Chuckleheads, who once again 
show the world how to buy highs and sell lows, any market be damned, but who 
today excelled in shoving EURJPY to over 133.000, tripping over themselves in a 
buying frenzy, that now gets undone [installment # 4,898, 766] by either Europe 
[if it ever moves again] and/or the U.S. session … Mrs. Wantanabe, call your 
banker”!

Once again, it’s another “NFP Friday Friday” trading day, with almost all the 
action [except for the Chucklehead buying spree at 2 AM EST.] confined to the 
7 - 10 am EST window … and now? “Well, now that Theresa May pissed all over 
bullish enthusiasm, especially in Cable which is getting monkey hammered 
unmercifully, and the fact that EURJPY has been up every day this week, where is 
any of this stuff gonna go? … here @ 10 AM EST, the M1 candlesticks are already 
approaching 1 & 2 PIP ranges, and unless there’s more downside selling via 
people who haven’t been paying attention and are still long, and the banks looking 
to take out further sell stops, I have a real hard time seeing EURUSD and/or 
USDJPY rallying … where’s the buy fuel gonna come from”? Not sayin’ it can’t 
go up a couple of PIPS, just that the risk here going forward the rest of the day 
is definitely on the downside.

“OH BE STILL MY BEATING HEART”!! … well, it’s about fucking time 
IMHO, proving once again that the squeaky wheel gets some grease … One 
trade today … PAMM up a little more than half way 0.1%.

Directly below, the day’s trade with commentary.

click to enlarge!

Only one [1] algorithm buy signal up to about 10 AM EST … it worked out OK 
for some bucks, but the real news is I actually got decent ON THE MARKET 
BID/OFFER FILLS, on both entry and liquidation from the Turnkey LP 
… “should I run out right now this instant and buy a Powerball ticket? … why are 
the dog & the lovely & gracious Mrs. attempting to shove me out the door while 
nodding their heads”?

Going forward into next week, what we need to see are 2 things; 1) could all of 
you Pols & Apparatchiks just STFU and sit down, and pretend to let markets 
function normally … do you have to open your collective Pie Holes every 
fucking 5 minutes with inane bullshit?, and 2) we need better “flow” to prices 
… yesterday we got that, and don’t make me relive the Turnkey MT4 fuckups, 
that had me in therapy well into the night. If we get either or both, it would be 
ideal, especially in EURJPY. And while I’m placing my Festivus wish list for 
the trading Gods to see, how ‘bout some better activity in USDJPY … these 
small and shitty daily ranges are irksome at best … quite frankly, take it up or 
down, it matters not to me; just let it move some, OK?

The “-vegas EURUSD Algorithm”, which is what I’m using to trade EURJPY, 
was specifically designed to take into account scumbag LP bank manipulation 
and short term trade flow, that results from playing and thinking like the bank 
casino, instead of the craps customer … and unless some truly bizarre, never 
before seen, market behavior sets in [which, let’s be honest, is possible], the 
algorithm “NAILS” bottoms flat cold … tops are different cuz there is “skew” 
involved with tops that most often you don’t see with bottoms. Today more like 
Wednesday, with the “NFP-itis” of FX, that sees very little in the way of 
windows of trading opportunity before the manipulators hit the exit gates 
… and when that happens, all you got left is “chop” & stops.

My volumes are still low, for the very simple reason I need to see better flow 
from the market before risking more on a position … trading action of late, 
notwithstanding yesterday’s good daily range and trade flow, have been rather 
dismal … if you get caught on the wrong side, there isn’t any way to make the 
loss back without upping leverage and trade volume, which if going into any NY 
afternoon with Squid & the boys is not really something that usually works out 
for you … “Vampire Squid [GS], JPM, & Citibank are the other crooks crook 
… what they do and how they fill orders is IMHO nothing short of criminal”.  
When trading action improves, I’ll be raising volumes in the PAMM and on C2 
accordingly.

On Sunday night, I’ll have another special Sunday night update, with some 
important stats on EURUSD, USDJPY, & EURJPY … I’m cutting today’s blog 
early, cuz trading is already starting to die down, and with the ranges we 
already have, I don’t see any reason for them to extend themselves in any 
meaningful way … sure, might be a little more to the downside or upside, but 
the reactions back will come quick & be vicious, leaving you squarely in the 
hands of the NY banks in less than 30 minutes when Europe closes … it’s a 
recipe for extreme chop, with plenty of risk and not a whole lot of reward for 
the effort … so, leave it the hell alone. It is what it is, you can’t change it … it’s 
the way markets are now, much to the central banker Twits delight.

Until Sunday night mi amigos … PAMM Spreadsheet will be back then 
… Onward & Upward!! [“Seeing how I got filled today like I should, how many 
lotto tickets should I buy? … the dog says drain the bank account … the Mrs. 
says 1, and play everybody’s birthday … decisions, decisions … see, it’s not easy 
being me”!]

Have a great weekend everybody!!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM MONEY PROGRAM” IN
“DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN
FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND
START YOUR JOURNEY FROM WHERE YOU ARE AT TO
“ESCAPE TO SUCCESS”!