“I finally caught the ball of yarn! … now what?”
And here we are, with volatility in everything full retard basket of kittens on meth,
and could ya lighten up a little? … fat chance of that happening anytime soon.
With the entire world hunkered down in the WUHAN CHINESE VIRUS pandemic,
it’s a question of which market is worse than the next one, which economy gets
destroyed more, and which market second-to-second is either killing longs or
shorts? … and when this shit is over, if the world doesn’t hold the CCP [Chinese
Communist Party] responsible and demand reparations of some kind, then you’ll
know for sure who’s writing the checks for the world going forward … who’s in
the tank covering for the ChiComs, and who isn’t … scumbags, scumbags
everywhere!
In tomorrow’s blog post, I’m gonna have a table of bid/offer spreads currently
listed on the trading platforms of TURNKEY FOREX [MT4], PRIMEXBT
[Proprietary Platform], & CRYPTO ROCKET [MT4] … I’ll be looking at the most
popular trading markets, and at 3 different times of the day … 1) near the China
open [9 PM EST in New York], 2) near the European open [4 AM EST New York],
& 3) near the U.S. open [8 AM EST New York] … as I have stated previously,
PRIMEXBT is great for Bitcoin [BTCUSD], small account FX notional under
50,000, and their newest release of “PRIMEXBT TURBO”, which is binary options
in 30 second [BTC only], 1 minute, & 5 minute intervals for BTCUSD, ETHUSD,
USDJPY, EURUSD, GBPUSD, EURJPY, WTI CRUDE OIL, & XAUUSD.
CRYPTO ROCKET is quickly becoming a favorite brokerage house of mine, for a
number of reasons … 1) fantastic customer service & help available 24/7, 2) NO
KYC as all you need is an email address [Proton email out of Switzerland is
FREE, private, anonymous, & secure], 3) account balance can be held in US
dollars and/or Bitcoin [BTC], you choose AND you can go back & forth, 4) great
selection of markets to trade including markets that both PRIMEXBT &
TURNKEY DON’T OFFER CURRENTLY … A) STOCK CFD’S, currently offering
65 international companies, at 100 shares = 1 lot, 5% margin [20X], minimum
trade volume = 0.01 [1 share], max trade volume = 10,000 lots, which is 100,000
shares … RT COMMISSION = $.06 per share … B) many more crypto pairs than
PRIMEXBT [TURNKEY doesn’t currently offer crypto trading], including
BCHUSD, DASHUSD, NEO, OmiseGO, Santiment, Tron, Monero, & ZCash to
name just a few, and in 1 lot size volumes that make commissions not that big
of a deal … e.g., RIPPLE [XRPUSD] is 1 lot volume = 100,000 RIPPLE … C) offers
spot gold in EURUSD [XAUEUR] & platinum if you want it [PLTUSD], and
5) open 24/7/365 with crypto trading around the clock every day including
weekends & Holidays … it never closes.
I’m not going to cover it today, I’ll tackle it in a future blog post coming up soon,
but using CRYPTO ROCKET for “hedging” 1) popular stocks you might own like
AAPL, AMZN, GOOG, etc., 2) physical precious metals you own, or 3) crypto
you hold, like BTC or RIPPLE, etc. ... learn to protect your investments via
dynamic hedging … like I said, more later.
It’s never been easier to get started … go up top and use my affiliate link to open
an account at CRYPTO ROCKET … once you sign up, create a demo account in
under a minute and see for yourself … do it, and let me know about it, and I’ll
send you “Trade For A Living!” for FREE … or don’t do it, and send me a $100
in BTC … I mean seriously, whaddaya want from me?
Directly below, the “FX VIX MATRIX TABLE” for the current week. For sake of
easy tabulation & data retrieval, all FX is taken from CRYPTO ROCKET with their
commission schedule.
click on ANY table or chart to enlarge
FX
GBPUSD, GBPEUR, & USDJPY
Outside of the Soros “Bank of England” clusterfark back in October 1992, which
happened over the course of 6 days, and saw Cable go from about 2.00 to right
around 1.40, I’ve never seen GBPUSd this goofy & unstable … even in its “pit
trading” days of VIX glory, it wasn’t as volatile as what we’ve seen the last couple
of weeks, and in the process has taken EURGBP and made it crazy as well.
GBPAUD, GBPCAD, & GBPCHF
The cable crosses have gone insane, with bid/offer spreads that have ballooned
to the point of making only GBPCHF tradeable, the other 2 here seeing spreads
upwards of 15+ PIPS the entire week.
AUDUSD, AUDJPY, & GBPNZD
Both AUDUSD & AUDJPY have certainly “come alive” here lately … AUDUSD a
commodity currency linked closely with China, and AUDJPY the classic
“risk on / risk off” cross for money flows, although viewing it solely in that
context can be tricky when the correlation suddenly disappears … spreads
decent, and both are tradeable IMHO … GBPNZD has gone insane, and with
spreads that are over 20+ PIPS, not even worth looking at as a viable trading
cross at the moment .. maybe later, but not now.
PRECIOUS METALS
XAUUSD
Spot gold certainly has gotten extremely volatile … certain times of day, the
bid/offer spread can exceed $2+ per OZ., and then there are times when it is
normal around 15 - 25 cents per OZ. … don’t trade it when the spread is nuts,
you’re only giving money away for free.
XAGUSD
The problem with silver, has always been its volatility to the downside when
SHTF, and this last week is no exception, when on Monday the 16th, silver got
“monkey hammered” more than once for over 50 cents per OZ. in seconds
… sell stops will only guarantee you get filled at the bottom of the move, and
IMHO makes silver untradeable as a market … but hey, to each his own.
Directly below, the “STOCK INDICES VIX MATRIX TABLE” for the current week.
Again, like for FX, all data is from CRYPTO ROCKET with their commission
schedule.
STOCK INDICES
DOW30
I look at the numbers from the VIX table, and then the chart, and I have a very
hard time seeing a viable market here… if you like a stock index with a 10 index
point spread, that can go hundreds of points back & forth within a minute or two,
and like to subject yourself to some of the worst slippage imaginable on fills,
then be my guest and have at it.
SP500
DAX30 & NDX100
AUD200, CAC40, & FTSE100
IBEX35 & ESTOXX50
HANG SENG 50 & NIKKEI 225
In general, I’ve never seen a group of markets more FUBAR in all my life
… maybe, and I say this with a grain of salt … maybe … maybe the AUD200 &
the CAC40 stock indices can be traded, but the others I have no doubt will hurt
you no matter what you do … slippage on fills is the great unknown, and you
will get no favors from the scumbag LP bank on that front.
I’m gonna give the PAMM / MAM results another week for data … it just looks
better … so look for that to be up next week in the Sunday update … over on the
for complete financial freedom utilizing crypto …. do yourself a favor and read it
cuz it’s worth thinking about … another wild week in store for us, as the world
“locks down” from the KUNG FU FLU … stay safe everybody … until tomorrow
mi amigos … Onward & Upward!!
Have a great rest of your weekend everybody!
-vegas
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