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
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