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Thursday, January 2, 2020

WHEN’S THE FUNERAL?

“Trading oil or crypto? … ask these guys for any trading suggestions!”

If you’re trying to trade either crude oil or crypto, it doesn’t get more brutal than
what you’re seeing for the last month or so … I’ve told you before to leave both
of these spaces alone … the 20 Day Range MA’s are horrible, and they are all
heading lower, so there simply is no logical reason to trade either of these until
things improve.

Oil spreads at PRIMEXBT are a joke … I have no idea what their LP’s are doing,
and they ain’t talkin’ … come next week if they’re like this, me and them are
gonna have a “talk” … this is bullshit … not that there’s anything to do in oil
anyway, cuz there isn’t, but still … seeing 4 and 5 cent spreads BEFORE
commissions is horseshit. We’ll see next week when there are no excuses of
“Holiday” markets to blame … until tomorrow mi amigos … Onward & Upward!! 

Have a great day everybody!

-vegas


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