Of course, somebody “touched” somethin’! … another “bait & switch” by the
masters of “CON”, the ever present evil lurking on every MT4 or MT5 trading
platform, the scumbag LP’s … and while the bid / offer spread in BTCUSD at
Turnkey is better than before, it’s still a “crooked operation” of off market fills
cuz they can … “DUH!, market conditions, DUH!” is the mantra, but the reality is,
once you scan “open order book” platforms for the truth of the matter, you can
easily prove you’ve been had … not that they care, cuz they surely don’t
… thieves never care, they just keep thievin’ if you come back for more.
The thieves in BTC aren’t banks, they’re HFT’s … and if you think they’re there
to somehow give you “fair & honest” pricing, then I got farmland in the middle
of the Pacific Ocean for sale I think you’d like … can I send you a brochure?
… they are there for FREE MONEY, simple as that, and you are the source!
… besides complete LACK OF TRANSPARENCY & ACCOUNTABILITY TO ANY
TRADE, their business model closely resembles Vito Corleone’s back in the
day … “you know, we’re just here to “help” the community and provide
“services” for our efforts”!
And while you can justify trading BTCUSD at Turnkey, if the spread doesn’t get
any worse than what I’ve seen today [$5 - $25], cuz it’s still fractionally lower than
“gas fees” [commissions] paid on the “open order book” platforms for BTC, the
fill is still gonna be a rip off … plain & simple, there’s no gettin’ around it … it’s in
ETHUSD where Turnkey needs to “have a talk” with their LP or LP’s, cuz it’s in
this pair the robbing, mugging, stealing, & raping of orders, along with a
ridiculously high spread, are the most egregious and offensive … quite frankly,
I don’t know how you get up in the morning and look into the mirror and live
with yourself if you’re running this operation … and the worst part of this scam,
is they think we don’t notice the rip off! … unreal, simply unreal … cuz while
nothing is happening with ETH price, the spread remains about the same as the
“open order book” platforms … but as price starts to move anywhere up / down,
oh boy here goes the spread to blown out levels of anywhere from $6 - $8, and
they waste no time in making the change … your winners get cheated, and your
losers are compounded … and they think we’re just Dopes who either don’t know
what’s going on, or don’t care … and when they eventually go out of business,
they’ll be walking out the door and STILL wondering why … what a bunch
of FOOLS!
Want proof? … well, here ya go! … as I write, around 7 AM EST, crypto gets a
blast higher, and from my screen, here’s a screenshot of bid / offer spread in
ETH & BTC directly below.
And as you can clearly see, the BTC spread is about $11 … which is very good, but
it ain’t $5 like yesterday … on the other hand, in this price runup, ETH blows out to
$6.60 … “oh sure, I’ll pay $6.60 here at Turnkey, and decide not to trade on the
“open order book” platform [BINANCE, PHEMEX, et.] for approximately $2, and
just hand you thieves a FREE $4.60 / lot bag of money … wait, WUT!”? … no shit
“WUT”! … and they’ll sit there and deny the reality, and instead come up with a
ton of bullshit excuses why it’s “OK” for this to happen … “well OK then, go out
of business … see if I give two squirrel farts”!
So, ETH is out and it looks like Turnkey might be viable in BTCUSD … the key
word here is “might” … still too early to tell, afterall, yesterday the spread was at
$5 all afternoon & evening … today it’s at $5 - $25, flying around like a chicken
with its head cut off … who knows what comes next? … cuz before yesterday,
BTC spread could be anywhere between $5 - $100+, and change in less than a
millisecond … you go to buy it, and think you’re gonna get filled $5 - $10 higher
than the bid at the offer, and then look with absolute HORROR when the fill comes
back and it’s $60 away from that [or maybe even worse] … and as soon as you
buy it, the bid / offer goes right back to where it was one second ago … and no
matter how much you B.I. Itch to them and scream, your fill stands … of course
you feel “raped” & “mugged”, cuz you just were! … and so, THIS IS THE
PROBLEM WITH MT4 CRYPTO! … so, we’ll see what BTC does next … I do NOT
trust these assclowns one “Hoover Dam” bit.
And while I originally thought ETH might be a candidate to trade at Turnkey, unless
they discover religion real soon and get their shit together, that coin is definitely
NOT one we’re gonna trade … and it appears BTC is the far better crypto trade
choice … I’ll remind people, this has only come about in the last few days, and
apparently somebody figured out nobody but nobody is trading it and had an
original thought, and lo & behold, “Ma, I think maybe the spread is too high &
volatile for folks to swallow”!, and it’s gotten changed pronto … but still, it’s not
“ideal” but only acceptable, cuz you never really know what these thieves got up
their stinking sleeves that they’re gonna eventually try and pull over our eyes
… so, be a bit cautious if you’re gonna trade BTC at Turnkey, or any other
MT4 / MT5 platform.
Meanwhile over in ICU, both gold & Cable on respirators awaiting the FED at 2 PM
EST … in their respective conditions, let’s just have the funerals now and get it
over with … what a sorry ass group of markets that have been manipulated to
death.
As we move to late morning, even crypto has slowed dramatically from earlier, and
the entire financial universe awaits the Faculty Lounge Lizards from the FED at
2 PM EST … nothin’ is moving anywhere … and then here comes the “London Fix”
[11 AM EST] … and YUP!, just like clockwork, somebody got “fixed” alright by
those “fair & honest” LP banks … Cable, if it wasn’t so pathetic it would be
laughable, takes out a few buy stops just before the “Fix”, and some corporate
“Jimbos” get to buy some Pounds a little more expensive than first thought
… another “coincidence” I’m so totally sure, and that saves Cable the
embarrassment of finishing the European day with a range in the 50’s of PIPS,
and slams home another 60-ish PIP day … “The Widow Maker” this sure ain’t!
… and then there’s gold, another beauty … $14 range, and why bother it’s so
slow and pathetic?
No trades today in the Turnkey PAMM.
Into the PAMM mix goes BTCUSD, and hopefully the spread can behave enough
to allow us to trade it … as for Cable & gold? … who knows, they both have
turned into “meat grinder” markets, offering plenty of risk with very little reward
… that will change someday, but that day hasn’t arrived yet.
Over in crypto, PHEMEX has added 8 new coins into the spot & perpetual futures
… I’m a little disappointed they didn’t add “VET” [VeChain], but of the 8 added, 5
are under $5, meaning they have relatively small “gas fees” [commissions] on the
futures side relative to their respective daily movement … of course, PHEMEX is
“home” to the ZERO FEES spot trading, so on the spot side simply more offerings
of volatile pairs.
TRX today with a 1,300 tick range, with a hefty portion of that coming in the Asian
session … “Asia flies, the rest of the world dies”! … true more so in crypto, as
Mrs. Watanabe & Gal Pals churn the waters and have piled into crypto with gusto
… from the European open however, a rather different story some 10+ hours later,
as TRX has been yo-yo-ing around in a tiny [for it] “Flying Wedge of Death” [FWD]
of about 500 ticks … multiple algorithm signal trades today in TRXUSDT for
“The Syndicate” … we’re UP SLIGHTLY LESS THAN 0.20%
FED at 2 PM EST, here coming up shortly … I doubt it affects gold & Cable, but
we’ll see … outta here early … “the future’s so bright I need sunglasses”! 😎
… Onward & Upward!!
-vegas
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