AWAITING APPARATCHIK PROPAGANDA

 

“Success, Inc.!!”

We’re patiently awaiting FED bullshit, and from the looks of it so is Bitcoin

… ranges again suck today, most of the action came during the Asian session

… it’s been a chopfest so far.

I don’t view leaving rates unchanged as positive … with ALL THE RATE CUTS

STILL BAKED INTO THE CAKE, AND THE LEVEL OF HOPIUM & PROPAGANDA

still off the charts, unless Spicoli says something truly stupid at his presser

[always a chance], where’s the FOMO gonna come from? … quite frankly,we

need to see BTC above 44 - 45K again, to 1) blister the FTX sellers, and 2) get

the ETF FOMO juices flowing into the April halving … and if by chance that 50K

level goes, look the Hell out above!

Powell uttering bullshit … nothing has legs … another wasted day of chop

… onto tomorrow.

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

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

-vegas

ONLY MINUTES OF ACTION, & THEN HOURS OF BULLSHIT

 

“Trading mass psychology!!”

Take away an approximate 7 minute ass mauling around 7 AM EST today [down

about $500], and there isn’t much here so far today … is BTC waiting for the FED

tomorrow? … as long as BTC is “moving”, it’s good to trade, but when it sits and

chops given its $25 - $35 spread, it’s a B.I. Itch to navigate … a little up / a little

down, just YUCK! … in other words, “a little song, a little dance, a little seltzer

down your pants!”

And the speed at which the “Whales” rally & clobber price, hundreds of dollars

in seconds / minutes is a foregone conclusion, in a yo-yo of chop … throw in the

spread, and if it ain’t really going anywhere, losses can be very difficult to make

back … “chop” here is more dangerous than any other market by far   … and we

end up the day with about a $500 range … sounds like a lot, but it isn’t … NY

sessions should be at least $1500, and the more the merrier! … no trades today

… onto tomorrow.

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

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

-vegas

BTC ACTING A LITTLE BETTER, BUT FAR FROM IDEAL

 

“Despite the problems, the best trading vehicle bar none!!”

The first half of the day was crap from a trading action perspective … then about

10:30 AM EST BTC got its ass in gear … still not a very good session range, only

about $1500 so far, but much of that was straight up … not ideal by any means,

with only about 1 ½ hours of any kind of half-way decent trading action … but

better than all the other shit combined on the MT4 which doesn’t move at all

… [hello gold, FX, oil, and “Stock Bellies”].

Is the FTX horseshit over for now? … dunno, but I care about “trading action”,

not some Dopes selling BTC cuz they found it in a closet somewhere … for our

part today, only one trade for the PAMM in BTC, and we’re UP SLIGHTLY … got

the needed corrective activity, and while volume was small this first time around

for obvious reasons [basically to see how much they screw us on any fill], I was

content with both entry and liquidation on the one trade … when BTC trades like

it’s supposed to, usually the fills will be adequate … if you chase it, they’ll gut

\you like a fish for dinner! … my volume will increase, and this is simply day one

of our journey trading BTC at Coinexx … long way to go to the finish line of the

end of the year, where I expect hefty returns in retrospect … onto tomorrow.

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

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

-vegas

SUNDAY UPDATE: A TERRIBLE FUNK

 

“If it looks & quacks like a duck, it’s a fucking duck!!”

As if it’s not bad enough that markets are bags of flaming dog shit, what with

terribly low ranges, VIX, and horrendous trading action, along comes discovery

that is disturbing to say the least … there isn’t any way to sugar coat this

… when people decide to go to the “dark side” in this business, it impacts

everybody to some extent … I believe, IQCENT IS A SCAM BROKERAGE HOUSE

NOW! … Do not open an account here, nor put any funds here, cuz you are likely

not to get them back anytime soon via a withdrawal.

From my perspective, “The Syndicate” never had much with IQCENT, and what

we did have got pulled last fall when they tried unsuccessfully to get me to put

more funds with them … so from “”The Syndicate” perspective, the loss isn’t

even a rounding error …  personally, I had about 6 months profits that are

“buh bye” to the scam, and I don’t think I’ll ever see those profits appear … Miss

Gimpy & “The Mrs.” took slightly bigger hits, but in the scheme of things it’s

mostly lost profits and time … that doesn’t make it any easier to stomach,

knowing they went from OK to rogue scammers in about 3- 4 months, it just

simply means “live and learn” from this business … good houses go bad, bad

houses become good, ownership changes, nobody really knows for sure what

goes on behind the scenes from day-to-day … all anybody can do is go by history

and prior willingness to do the “right thing”, and when they decide to go rogue

and stop sending people their withdrawals, to pay attention to the internet.

Quite frankly, I don’t know what it is they hope to gain from stealing peoples

crypto withdrawals … their e-wallet addresses will be flagged by analytics

agencies, law enforcement will enter the picture, and what good does BTC in a

cold wallet do you sitting there that can never be moved or turned into fiat? As

scammers the world over have found out, it doesn’t matter how long you wait for

the heat to blow over, your wallet addresses are flagged, and the second you try

and spend the crypto, the authorities will be all over you like white on rice … so

what’s the point?

One thing I have already done, is contact the legal department of Thompson

Reuters, the LP that clears trades for IQCENT. Do they know that they are

clearing trades for a scam brokerage house, that is cheating clients? They are

required to “Know their customers”, which clearly in this case they don’t

…. Quite frankly, they are accessories to this “crime” … we’ll see in the days /

weeks ahead if I get any response from their legal department … and in the

days ahead, I’ll be contacting bitcoin.org to see what they can do, as well as

other venues that may or may not be able to help … this is now personal!

I’ll be moving “The Syndicate” over to Coinexx, and starting tomorrow I’ll be

trading the PAMM monies in BTC … Coinexx may be slippage whores, but they

aren’t crooks & thieves in the traditional sense of stealing customer funds by

not doing withdrawals … I haven’t ever had a problem with Coinexx for a

withdrawal, but by the same token I never had a problem with IQCENT either

up until now … you just always have to be vigilant in this biz, and even then it

might not be enough … 12 years ago, I lost about $1200 to a scam broker

called “Forex-Metal” … this was right before crypto and many people used

Liberty Reserve to make withdrawals … they simply stopped withdrawals and

disappeared … [and Liberty Reserve got shut down by the FEDS and they

disappeared as well very soon thereafter.]

It’s a sad day in this industry when shit like this happens, but it isn’t markets

fault, it isn’t cryptos fault, it is the evil intent of individuals … for the PAMM,

now that “The Syndicate” has joined the party, look for much more increased

trading in Bitcoin [maybe Ethereum, but we’ll see] … if VIX can give us half-way

decent ranges and trading action, the costs to trade [while higher] are still low

enough at Coinexx that we have an advantage over those trading at Binance or

Phemex … we’re only still in January, and the year has a very long way to go,

but rest assured I’ll be looking to POWER UP TRADING RESULTS and bring

returns to the PAMM going forward … time for me to get to work!

I’ll have range MA’s and MEDIANS next week … I got a corrupted file problem

with my Google Sheets that needs to be fixed … onto the week.

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

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

-vegas

FINALLY BTC SHOWS SOME LIFE

 

“Finally, some life!!”

One day does not a trend make, so we’ll have to wait and see how BTC trades

from here, but today’s action breaks a string of unrelenting selling that goes

back to 1/10, the day the ETF’s were approved … if BTC can stay like this, I’ll

start trading it for the PAMM on Monday … until the Sunday update.

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

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

-vegas

EVERY MARKET GETS WORSE, WORSERER, AND WORSERER-ER!

 

“Desperate times when there’s no market to trade!!”

It just gets worse … ranges shrink more, trading action dies, and VIX collapses

… and the flight out of crypto continues, with little to none 2-way trading action

you can take advantage … every market on the board SUCKS … all we can do is

wait it out and keep powder dry, and not chase shit just to chase it

… what a mess.

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

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

-vegas

A MANIPULATORS DREAM COME TRUE

 

“Making your trading dreams come true!!”

There isn’t anything to trade in terms of traditional markets … they are all

buckets of non VIX shit … oh, and have you noticed the increased spreads in

gold and oil? … sure, that makes sense doesn’t it? … can’t move anywhere so

let’s raise the cost to trade it … only in the mind of a manipulator does this

add up … and FX? … if it got any slower, they’d have to go to 6 decimal pricing

to make it look like it’s moving … simply pathetic.

Crypto for the time being has lost its way … ranges suck, VIX is way down, and

spreads are too high, and I wonder how much longer liquidation selling has to

go before any kind of 2-way action comes back … quite frankly, it doesn’t look

good near term.

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

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

-vegas

OLD WOUNDS HURTING BTC

 

“Not today Milton, not today!!”

Forced liquidations from the ashes of FTX is hurting BTC … rumors of Mt.Gox

movement of BTC as well from old wallets has people spooked …. How much

more they got to liquidate I don’t know, but it is an unwelcome event to start

2024 … as for traditional markets, don’t make me laugh … what a “sleepytime”

nightmare … there isn’t anything to say that I haven’t said before about these

dead markets … onto tomorrow.

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

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

-vegas

UGH!! … NOTHING ELSE SAYS IT BETTER

 

“When pain calls!!”

Yup, this is pathetic … got no idea when it ends … let’s hope soon, but it

certainly doesn’t have to … VIX a joke, ranges a joke, trading action the biggest

joke … even crypto stinks … we simply have to let it play out and be patient.

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

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

-vegas