THE BLOODSHED IS NOT OVER

“I dunno, where do you think oil is headed!?”

Oil gets beaten up more today [almost the $43 handle!], while crypto is slightly

weaker but no big deal … the real disasters sit over in the NASDAQ, where the

“high fliers” like TSLA have been taken out back and shot in the head … still

hours to the close, but so far TSLA with a $78 range … and if you had an

account with CRYPTO ROCKET [use the link above], you could have been short

this puppy via the algorithm … 1 share on up @ 20x margins, and it’s there if

you want it!

Outta here early to finish the new e-book … until Sunday mi amigos

… Onward & Upward!!

Have a great weekend everybody!

-vegas

WHERE’S THE BOTTOM IN OIL?

“Oh Oracle of all knowledge, where’s the bottom in crude oil!?”

Oil today, clubbed like a baby seal at a Japanese whale hunt, all the way down to

the $46 handle … it doesn’t look good for crude ….. Crypto rallies some today,

BTC heading back up to $9K, while XRP has been brutalized these last few days

… great trading, though, coming from almost $0.33, all the way down into the

$0.22 range … that’s like 30%, and of course the algorithm in XRP ha you short

for a substantial part of that move.

Crude oil trading over at Turnkey has returned to the 3 cent per barrel spread it 

was at a couple of years ago … RT commissions are only about 1/10th of a cent,

so that isn’t a factor in profitability .. I simply can’t recommend FX CHOICE as a

place to trade, based on their unwillingness to keep spreads stable during the

day … in other words, too much LP bank bullshit.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

OIL & CRYPTO GET WALLOPED

“Me? … I trade for a living, why do you ask!?”

I said yesterday, there’s no hope for oil right now … literally everything that can

go wrong for higher price is going wrong … the only thing holding it up in the

high 40’s is the threat of geo-political violence from the usual suspects

… crypto looks somewhat weak given the nature of the world’s economies right

now, but only minor so far … the greater risk is in the high flying NASDAQ “cult

stocks” like TSLA, which today has an approximate $60 range [so far].

Today, I’m dropping my recommendation to trade at FX CHOICE … something

has happened there in the last week, and none if it is good, IMHO …. haven’t

noticed any shenanigans in their oil CFD’s, so if your trading oil there and

everything is OK, then it’s up to you … as far as I’m concerned, the place is a

bucket shop, and if you want to trade oil somewhere else, the best choice is a

tossup between TURNKEY & CRYPTO ROCKET … I cover oil in my new e-book

coming out here very soon.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

OH BOY!

“Andddddddddddddd it’s gone … not comin’ back … it’s gone Skippy!”

So China is toast … add South Korea, Japan, and now Europe … where does oil

demand come from now? … oil looks to me like a dead market walking, cuz I

don’t wanna buy it, nor do I want to be short … meanwhile, stocks are getting

mauled today, and high fliers like AMZN & TSLA have about $65 per share

ranges today … amazingly, a normal day in crypto, with only some very light

selling pressure.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

OIL CRATERS & STOCKS GET MAULED

“That moment when you realize you’re not trading oil, but stocks!”

Well that got ugly quickly in the oil patch, didn’t it? … down at one point almost

$3 per barrel … cuz what affects stocks affects oil, and it doesn’t get much uglier

than today … the high flying, “we don’t need to no stinkin’ safety net” tech

darlings getting clobbered mightily as well … crypto down some, but nothing like

the other two.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

SUNDAY UPDATE: NEW MARKETS ADDED

“And you’ll find plenty of it here!”

Two [2] “VIX MATRIX TABLE” I’m reproducing here from traderzoogold for your

convenience. Directly below, the “STOCK INDICES & FX VIX MATRIX TABLE”,

followed by the “INDIVIDUAL STOCKS & CRYPTO VIX MATRIX TABLE”.

click on any table or chart to enlarge

As you can see from the tables, crude oil 20 day Range in New York is barely

holding above $1 … given it’s 3 cent spread, it makes trading this market

undesirable at it’s current volatility … on the other hand, certain crypto and

stocks like TSLA are burning the fucking IVIX house down right now … why

trade oil if you can trade these? … BTC trading still far superior at PRIMEXBT,

but if you like some of the others, CRYPTO ROCKET IS THE PLACE TO BE CUZ

THEY’VE GOT CRYPTO & THE STOCK CFD’S … hit the CRYPTO ROCKET LINK

ABOVE, sign up and download the demo and check things out … takes less time

than grabbing a drink from the fridge!

Directly below, the 20 Day Range MA for WTI Crude Oil for the current week.

Directly below, the 20 Day Range MA’s for crypto, for the current week.

Ranges have picked up from late last year, and with that activity, although by

historical standards they are still considered “high”, some of the crypto pairs are

definitely tradeable IMHO … when you consider how much they move, and the

speed at which they do it, it doesn’t take long for a good move to occur

… BTCUSD [Bitcoin], XRPUSD [Ripple], & BCHUSD [Bitcoin Cash] are 3 examples

of expense ratios in the “3’s” … and all 3 trade 24/77/365, as they are never closed.

Added to the list starting today, are the 4 volatile NASDAQ stock CFD’s, which

traderzoocrude will now follow. Although I don’t have that much data yet, I start

the chart and we move forward. Directly below, the 20 Day Range MA’s for AAPL,

AMZN, GOOGL, & TSLA.

Notice the difference between TSLA “avg” & the “median” … that huge difference

tells you there were large ‘one off” spikes in the range that “skewed” the

“average” data … look at the other 3 stocks and “avg” & “median” are pretty close

to each other … don’t let the IVIX in these fool you … 1 “1 lot” in the CFD’s = 100

shares, and margin is at 20X [5%] … who needs options and they’re exceedingly

high time premiums when you have the CFD’s? … MIN VOLUME IS 0.01 LOTS = 1

SHARE, so you can determine your own risk profile when trading them … I traded

some TSLA on Friday, and I can tell you, this puppy moves … just don’t get

greedy, and use the spikes to liquidate or you will suffer on the turn.

Onto the week … until tomorrow mi amigos … Onward & Upward!!

Have a great rest of your weekend everybody!

-vegas

CRYPTO GOES SLEEPYTIME

“But I’ll still take your worthless fiat!”

All the action today in markets limited to gold & stock indices … crypto dead in

the water, where BTC doesn’t even have a $200 range, and RIPPLE has only

about a 100 point range … and then there’s oil, which is a complete joke

… nothing to even comment on.

Blog update on Sunday… until then mi amigos … Onward & Upward!!

Have a great weekend everybody!

-vegas

THE MACHINES GO NUTS

“As seen on the FED’s CNTRL-P machine!”

Well, there’s your bear market in the NDX100 high fliers for 2020 … lasted about

30 minutes … meanwhile, oil rallies about $4 on “vapors” causing severe head

scratching all over the planet … crypto? … meh … meanwhile over at CRYPTO

ROCKET, I was trading some TSLA today … Ho Lee Sheet does that stock ever

move and move fast … yes, the spread in the CFD is about 50 - 60 cents and can

balloon to over a dollar at times, and you’re thinkin’, “who boy, amm I ever

overpaying for this shit … and then blink your eyes and it goes up $5 - $7+ in a

minute or two … the IVIX [intraday volatility] in some of these stocks is mind

blowing .. sign up through the link above, open a demo, and check them out!

Meanwhile, RIPPLE [XRPUSD] putting in a good range today, and giving some

really good algo signals … if not my favorite, it’s right up there at the top in the

crypto space … again, check out the CRYPTO ROCKET DEMO and check out

the crypto pairs, other than BTC [Bitcoin] … for some reason, their LP’s in BTC

are way too “Hoover Dam” high in the bid/offer spread to be competitive with

PRIMEXBT, but there’s plenty of others to choose from.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

COLOR ME PISSED OFF!

“Is asking for a fair & honest broker too much to ask for?!”

Yea, I got serious issues with FX CHOICE right now … and so I’m in no mood to

give objective analysis today about crypto and/or crude oil … come back

tomorrow to see if I’m not institutionalized or in jail cuz of these pricks.

 … outta here before I have a stroke … until tomorrow mi amigos

… Onward & Upward!! 

Have a great day everybody!

-vegas

COLOR ME RIPPLE!

“Welcome to crypto and/or trading in general!”

Directly below, I’m putting up again the “VIX MATRIX TABLE FOR CRYPTO & OIL”.

click on table to enlarge

The numbers for crypto, outside of Bitcoin [BTC], are approximately 2% higher

than they should be … this is due to the fact that I used “weekend” bid/offer”

spreads, when I should have used numbers during the trading week … didn’t

think it would matter that much since crypto is a 24/7/365 market, but it does

make a difference.

I want to highlight one of my favorite crypto pair today, which is RIPPLE

[XRPUSD] … trading right around $0.30000 [it trades 5 decimals] … if you have a

very small trading account, and I’m talkin’ anything under $1,000, and you’re

trading small volumes in something like XRPUSD [1,000 notional * 0.30 = $300

total value of RIPPLE you’re trading], the difference between CRYPTO ROCKET

AND PRIMEXBT is going to be fractions of a penny … in other words, it’s a draw

… however, at CRYPTO ROCKET a “1 lot” volume = 100,000 RIPPLE coins, which

is = to approximately $30,000 … do this kind of volume at PRIMEXBT and the

cost to trade skyrockets … in fact it will be DOUBLE the cost versus CRYPTO

ROCKET.

OK, so the key metric for XRPUSD is about 4% … a little high, but this coin

doesn’t sit around, and it’s IVIX [intraday volatility] is “bigly & yuge” … just for

today, the average M1 candlestick “bid price” range for XRPUSD is about 2 times

the total cost to trade it … in other words, it goes up/down like July Soybeans in

a drought, easily covering the cost to trade it, and in the process giving some

GREAT algorithm signals … and in case you’re wondering, it’s all in the new

e-book coming out here shortly.

Quite frankly, XRPUSD is on a par with crude oil in terms of metrics, but it trades

far differently and MOVES … use the link in the upper right corner of the blog and

sign up for an account at CRYPTO ROCKET … THERE’S NO KYC, simply use an

email address, then download the demo and install … takes about 1 minute

… this couldn’t be any easier.

So far, I’m pleased with fills and order execution in XRPUSD, and it’s a very good

market to trade … and it trades 24/7/365, so if you want some weekend action,

it’s there for you!  … outta here … until tomorrow mi amigos

… Onward & Upward!! 

Have a great day everybody!

-vegas