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Monday, June 17, 2019

THE OIL TRADING BLUES

“Oil acting that way so far today!”

I think it worked … Monday hasn’t seen us yet … probably won’t until
Wednesday at 2 PM EST … for oil at least, like every other market pretending to
be open but aren’t really, days like these simply have to be avoided … nothing
to do but lose money.

Coinexx proving to be a complete bust for WTI and/or Brent crude oil trading
… bid/offer spreads here simply suck … quite frankly, I think it was the old
“bait & switch” move, where they show you 2 - 3 cents, then pull it away quickly
shortly thereafter, thinking either you don’t notice or care … right, keep thinking
that morons. There simply isn’t anywhere on the planet, where CFD’s in oil are
tradeable and fair … they are all complete ripoffs. Nothing to do but trade futures
or the emini contract, otherwise you’re getting ripped.

Today sees oil with a less than $1 range, making it as pathetic as gold and
everything else … I’m outta here, cuz I can’t take another minute of watching this
shit drift … until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas



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