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Thursday, April 27, 2023

IF BIDEN IS THE ANSWER, THE QUESTION IS INSANELY STUPID

 

“It’s hard to be more corrupt than LBJ, but here he is!!”

Don’t worry about a debt default … Repubs in the “Uniparty” will cave like they

always do … it’s all for show … wish they would default and send the entire

system into chaos and revolution … burn it all down with corrupt Joe leading the

way … “oh and btw, Fox news and their “Uniparty” buds can go pound sand … I

don’t listen to them and haven’t for years … anything in the MSM is pure shit,

nothing more than official North Korea news … you’ll be fed your daily dose of

propaganda and like it … no need for any type of critical thinking, it’s been done

for you already … go back to worrying what jersey number Aaron Rogers wears

as he retires from football by playing for the Jets … let us continue selling you

down the river by offering “bread & circuses” while the country rots!”


How about that late afternoon melt down and subsequent melt up in Bitcoin

yesterday? … looked and felt like a forced liquidation by somebody in

government selling Bitcoin from confiscating somebody’s pile, and then the

“Whales” bid it back up … and as I write, an article hits ZH about the clusterfark

… link below.


https://www.zerohedge.com/crypto/wtf-was-arkham-denies-buggy-mtgox-alerts-

blame-bitcoins-collapse-yesterday


Right, nobody knows nuttin’ and denies everything … welcome to Bitcoin!

… nonetheless, it’s a brutal lesson in following the trading algorithm and staying

out of trouble by only making those trades that the algo says to make … Bitcoin is

very much a FOMO, MOMO, PANIC DRIVEN EXERCISE IN HUMAN PSYCHOLOGY

… it’s not like other markets that are heavily manipulated by the Lounge Lizards

at the FED via their BFF scumbag banks, i.e. all the other traditional markets

traded on the MT4 … there, they simply grind you down like a true casino … in

Bitcoin, you just get a bullet to the head if you do “stupid shit” … don’t do

“stupid shit”!


This is so pathetic … another bullion dealer fuck job on bullshit make believe

numbers from government math whiz kids … might as well be playing craps or

sic bo … got a better chance there than this horseshit they call “trading”

… mainstream markets completely laughable … late morning sees an explosion

in BTC, after some choppy “back & forth” in a $100 range, and then the fireworks

once 29,100 is cleared … buy stops mauled this time around, and for the record

once again, the alternative trading algorithm was in “buy mode” when it

happened … meanwhile, gold moved a buck [cough, bullshit, cough] … are

other markets even open?


I’m going to be starting a long series of blogs on scalping like a floor trader

… what we have available now with IQCENT in crypto, specifically Bitcoin

[BTCUSDT] “is better than anything the trading floor offered” by a wide margin

… without the necessity of spending half a million +, plus having to travel daily

into shitholes like Chicago or New York … and I’m going to be teaching people

“how to do it” … up ‘til now, this has been unavailable to us cuz of high costs to

trade and scumbag LP’s fucking specs the world over, right along with the

manipulation machine of the FED … no more!! … when you have conditions like

those that exist in Bitcoin, along with trading logistics of a 1 penny spread with

no commissions, in a moving market that goes daily $1,000+ in range, who gives

a shit about gold, “The Spoos”, crude oil, or anything in FX? … none of these

markets can hold a candle to Bitcoin in terms of what they offer … and they’re

ALL MANIPULATED TO CONTROL VIX, thus ensuring the banks win and you

lose … quite frankly, I could take ANY RETARDED KITTEN AND HAVE “IT” MAKE

MONEY TRADING BITCOIN, with the conditions present at IQCENT … if you

can’t, you either have 1) no discipline or patience, 2) no ability to learn the

necessary behavior to get rich, 3) don’t wanna make money, only talk about it

[a/k/a “dreamer wannabe”], 4) are extremely lazy, 5) can’t see yourself making

money, or 6) ALL OF THE ABOVE!


BITCOIN MOVES LIKE ITS PANTS ARE ON FIRE CUZ IT’S A FREE MARKET

… yea, there are “whales”, so what? … “whales” move prices for profit,

governments manipulate markets for agendas WITHOUT REGARD FOR PROFIT,

THUS DESTROYING THE ENTIRE METRIC FOR ANY MARKET TO BEGIN WITH

… MILLIONS of Mrs. Watanabe’s & Gal Pals are trading Bitcoin … ditto

“Chuckleheads” and other loser types … it is the quintessential market of

human psychology of fear & greed, and everything in between … it is as close

to the “perfect market” to trade as you’re ever gonna find! … welcome to the

nuthouse!


Noon in New York, and traditional markets are deader than any of Biden’s brain

cells … has anything moved? … and looking at crude oil, WTF is goin’ on there?

… what a disaster of nothingness … I’ve seen corn spreads more volatile … gold

still stuck in mud, as dealers simply put up the wall of selling and wait for longs

to puke … which they eventually do when it refuses to move higher … and of

course, dealers won’t allow the market to trade … scalping is for them, not you!


BTC basis running about $15 under BTC at Coinexx [bid], Phemex and ByBit,

with fluctuations of -$5 to -$25 as the market trades up/down and the trade gets

bullish or bearish on price moves … this is usually the norm, so nothing new

here today.


No trades today for the PAMM … gold refusing to cooperate, and post 8:30 AM

EST bogus econ reports, it was simply smash and go sideways … tiny bit of a

rally, but not enough to warrant any type of long position, as the HULL MA 204

period couldn’t get blue to save its life … finally at 1 PM EST, it goes blue, but

there isn’t anything here to matter … maybe tomorrow, we’ll see.


Well, just another day in Bitcoin [and it ain’t over ‘til it’s over], with a range of

about ~ $1,450 … a shipload of trades today, and “The Syndicate” is UP

APPRXOIMATELY 0.6% … didn’t catch the explosions in price, just grinded it out

and sidestepped the bullshit … onto tomorrow.


… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!! 


-vegas



Wednesday, April 26, 2023

FREE MARKETS, COILED SPRINGS, & HUMAN PSYCHOLOGY

“Just another day at the office trading Bitcoin!!”


What does a “free trading” market looks like when there’s no government

manipulation via scumbag central bankers via their BFF scumbag TBTJ & TBTF

bank LP buds … ho hum, just another day in the bat shit crazy [BSC] paradigm

of Bitcoin trading with a 1 PENNY SPREAD AND NO COMMISSIONS … directly

below, a peek from earlier this morning.


click on chart to enlarge

Now, what does a manipulated piece of shit market, like gold for example, looks

like with scumbag bullion dealer manipulation & games as central bankers

[namely the Lounge Lizards at the FED], back them up with unlimited funds

… hold your nose, here we go!



click on chart to enlarge

If you can’t see the “bigly & yuge” difference, get your eyes checked … trading in

BTC, nothing but horseshit in gold … that’s gold with a fat spread + SLIPPAGE

ON FILLS + COMMISSIONS … GOOD LUCK!


This really shouldn’t be a mystery to anybody … good old fashioned human

psychology at work in a free market, meaning fear & greed at work in abundance,

and the patterns of behavior replay themselves over and over again throughout

history regardless of the market … quite frankly, what you see in BTC trading

above, was what markets were like before government manipulation starting after

the 2008 financial crisis, that got worse in the Spring of 2012 in the metals market,

and got even worseer-er-er-er in January 2015 with the EURCHF debacle … since

then it gets more overt and easily recognizable ever single frickin’ day … most

notably the “Rally Protection Team” [RPT] at the FED holding down metals prices,

and the “Plunge Protection Team” [PPT] propping “Stock Bellies” … Hell, they

don’t even pretend to give a shit any more!


All anybody has to do is look at the discrepancy between gold and Bitcoin to

notice the huge gap between a “normal” free trading market versus a

manipulated piece of shit … today seeing Bitcoin vault 29K on pure greed &

FOMO, with shiploads of buy stops getting mauled from those who sold the break

earlier in the week … and it’s almost ALL SPECS … Mrs. Watanabe & Gal Pal types

getting destroyed once again with “trend following” indicators and the appropriate

“protective” [Bwahahaha!] stops that automatically come right after the entry fill

… I know it, “whales” know it, now you know it … here’s a piece of advice

… “don’t be on the same team as Mrs. Watanabe & Gal Pals, the Chuckleheads, or

anybody on YouTube predicting where Bitcoin just has to go!”


Quite frankly, if you take the time to read, and understand the alternative algorithm,

and simply follow it or back test it during your trading times where BTC volume

and interest is the highest [Asian session and early U.S. session], or just look at it

today, the signals are there in this market, whether you want to scalp it or day trade

it … makes all other markets look stupid by comparison!


And for newer readers wondering why I can’t trade BTC at a joint like Coinexx for

the PAMM, it’s simple … IQCENT has a 1 penny spread with no commissions

… Coinexx has a $35+ bid / offer spread + SLIPPAGE FROM SCUMBAG LP’S +

COMMISSIONS … WHY THE HELL WOULD ANYBODY IN THEIR RIGHT MIND PAY

A BROKERAGE HOUSE AND/OR LP, THAT KIND OF “VIG”, WHEN YOU CAN

TRADE IT FOR 1 PENNY? … and while they rob you on winners, it’s the losing

trades that hurt the most cuz they add slippage plus the spread … there’s no way

I’m subjecting my clients to this bullshit! … so we have to “bite the bullet” and

trade gold, with all of the warts & blemishes that come with it, and hope we can

get days that aren’t pathetically tight with chop … and it’s even worse in

“Stock Bellies”, crude oil, and/or FX pairs.


With a structure that IQCENT has, I could care less about seeing a bid / offer box

of flowing orders … 90%+ of those are “spoofs” from arbs, that come and go

faster than squirrel farts in the wind … I know that if I’m ready to buy BTCUSDT, I

already have up the market at Phemex and Coinexx up for comparison, so I know

what the computers are seeing for the arbs … I also know that cuz BTC is a totally

free market spanning the entire globe with dozens of decentralized platforms for

trading, and in various forms [BTCUSD, BTCUSDT, etc.], there’s gonna be price

discrepancies that arbs will take advantage of for profit and keep BTC prices

stable within the systems … and just like futures have a “basis”, meaning spot

versus futures price that can go positive or negative, it’s the same with Bitcoin

… some days IQCENTS BTC price will be even with the other prices, some days

lower, and some days slightly higher … that means “KNOW YOUR BASIS FOR

THE DAY!” … AND WHAT CHANGES THE BTC BASIS is simple … greed and fear,

sentiment from one exchange or platform to another … so quite frankly, having a

bid / offer quote box flowing by is a nice touch, but what’s even a nicer touch is 1

PENNY SPREAD WITH NO COMMISSIONS … AND THAT BEATS THE HELL OUTTA

PAYING EITHER HIGH “GAS FEES”, SPREAD, OR BOTH! … especially given the

fact the quote box of bids and offers is mostly “spoofing” anyway from arbs

… basing buy/sells on what you see in the quote box is gonna get you in trouble!

… and I can tell you flat out, when you buy BTC, and 45 seconds later it ain’t

moving like you thought, and it’s up only 85 cents or so from where you bought it,

clicking the liquidate button and getting instantaneous fill with an 84 cent profit,

right before it goes down $50, makes you plenty happy you’re trading with THE

TIGHTEST SPREAD IN THE MARKETPLACE … you can’t do this at any other

house I know of! … and, you can’t do this with gold for the same reasons!


New York hasn’t even opened yet, and if you’re watching paint dry cuz

manipulators won’t let anything move, and they’re chopping the shit out of

anybody & everybody, Bitcoin has already moved $1,100+ from the Asian session,

with plenty of ups/downs that actually signify “trading” … you know, like they used

to do in U.S. markets before the FED became “clearing house central” for the

scumbag bank LP’s that the FED backstops with unlimited money from the

CNTRL-P machine! … you wonder why a place like IQCENT has OVER 1+

MILLION ACTIVE CLIENTS? … sure, there’s plenty of gamblers in the house

playing binary options, but my educated guess is that there’s more than a few

shiploads of folks who are trading crypto pairs day & night … Bitcoin just being

the most obvious.


Turning to today’s roulette wheel inside the U.S. casino, with rumors floating

yesterday of bank troubles all over the place, gold could only rally off its lows

but couldn’t get back over 2K … today the usual manipulation horseshit from

dealers, as the U.S. day kicks off with 5 minutes of downside “Thelma & Louise”

“scumbaggery & fuckery” which takes out 8+ hours of miniscule price rises

… feels like another wall of selling has appeared right over 2K … banks happy to

thwart a rising gold price by being short and backstopped by the FED, raking in

the sell side “vig” while they wait for longs to puke so they can cover

… rinse / repeat, how many times does anybody have to see this before they

realize they’re being played?


If anybody wonders what it was like to be a “floor trader” back in the days of

physical trading pits, I’m telling you it’s as close to what BTC is trading like at

IQCENT, as close as you’re ever going to get! … just like back then only better,

it’s NO COST TRADING the world’s most volatile instrument … love it, hate it, who

cares? … why would you care, it’s blimps on a frickin’ screen that represents

money … oh, not in this game of trading to make money? … Oh, OK … your

psychiatrist just called, your appointment is at 2 PM … don’t be late … oh, and

bring cash! [show me on the doll where Bitcoin hurt you]


And just when you think the FOMO is over, here comes the U.S. traders, panicking

over themselves to buy Bitcoin, and add another $700 - $800 bucks to the price

range today … go ahead, look at the m1, along with the algorithm … oh, but gold

moved 20 cents so there’s that I guess, but then the dealers took it back … BTC

goes $1,000 higher in 36 minutes … ho hum, just another day!


Noon in New York, and it’s hard for me to keep a straight face when commenting

on gold … not gold itself, but gold “trading” … no bigger Ponzi scheme than the

horseshit coming out of LBMA manipulation thieves known as bullion dealers

… trading here a complete joke, and add today to the list of days when gold can’t

do shit but chop around and make dealers rich … I’ll try and be there when it

moves, but trading it with such a high cost plus slippage plus commissions is a

tall order when it ain’t doin’ Mr. Jack “Diddly” Squat … you’d be much better off

playing baccarat at a casino … no trades for the PAMM today, as gold is stuck in

mud and can’t do shit … literally … nothing here but sucker moves for Chumps

… today a nice double reversal to clean both sides of the spec order deck … what

a joke.


Meanwhile, there’s good news for all of the people in “The Syndicate” … drum

roll puleeeeeeeeeze! … I need the Exxon Valdez to put all of the BTC trades I did

today @ IQCENT … fork lifts working overtime and all that … “The Syndicate” UP

APPROXIMATELY 5.8% … and with the conditions we have here for trading BTC,

I’m hoping this becomes the norm … range today in BTC a nice approximate

$2,015, with 1K coming in 36 minutes … part of that move we caught … I’m not

expecting 1K moves that go straight, but BTC is BTC and when SHTF either

up/down, bat shit crazy [BSC] things tend to happen with regularity, especially

when stops are involved and get run … and cuz of all of the Mrs. Watanabe &

Gal Pals, and other assorted lottery ticket players, there’s plenty of stops, plenty

of FOMO, and plenty more of panic … quite frankly, everything a professional

trader could want in a market to treat as his/her own ATM … and that’s what we

got! … heaven knows all of us in “The Syndicate” have been looking for a return

to crypto, but I never thought we’d get it with such perfect trading conditions

… “onto millionairehood!” for participants! … onto tomorrow.


… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!!


-vegas