CRYPTO TICKER

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Monday, January 23, 2023

YOU CALL THESE “MARKETS”?

 

“Seems legit!!”

You can’t be serious with these so called markets! … about as “legit” as that

ATM above … and don’t even get me started with Coinexx … screwed again on

fills in USDJPY … it seems the only markets I’’m gonna be able to trade are gold

and crude oil [if crude ever moves again … today a range of $1.57, which is a

joke with a 3 or 4 cent spread] … gold at a minimum volume level seems to be

legit, and it’s the only market so far where I haven’t gotten screwed by Coinexx

LP’s … I’m guessing cuz it’s run by the LBMA, and not your typical

“scumbaggery & fuckery” LP outfit.


Multiple algorithm signals today in USDJPY and gold … PAMM DOWN SLIGHTLY

… you can thank massive slippage on fills in USDJPY for this … gold trades were

all good, and had no problems with fills or latency … as far as I’m concerned,

surveying the landscape the new year for trading started today in gold, and going

forward [unless it completely goes to shit in a handbasket and dries up into fairy

dust] I’ll be in gold … simply put, you can’t count on the liars and scumbags at

Coinexx to make an honest market in anything, and only cuz the LBMA runs gold

is there any consistency to latency & fills … which, is OK with me, I love yellow

pet rocks!


If you happen to trade anywhere that has decent spreads and no slippage and

you’re happy with it, then the version 2 trading algorithm will perform flawlessly

for you in other markets … unfortunately for us, Coinexx excluding gold [XAUUSD]

is as bad as Turnkey was before the merger.


Gold today a real piece of work … dead for most of the Asian session and the first

half of the European session, came to life at 8 AM EST this morning ... straight

down followed by straight up and then it goes into “the crawl” for the rest of the

day, inching higher … even during the busiest part of the day, when I made gold

trades, the “Trading Ratio” [TR] was barely 3 … above 3.5 is ideal, but we never

got that the entire day … once the low for the day was put in and we rallied up

to the 1920 level, the TR had collapsed into the “1’s”, which totally sucks as a

value of volatility … you can’t trade that, and if you do you’re nuts … that really

limited our trades today in our favorite pet rock … the future of profits started

TODAY, and it’s onto tomorrow! 


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

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


-vegas





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