TGIF

“Butch demands the weekend!”

Well, it may not be trading much, but it isn’t really going down either … I’ll simply

reiterate today what I’ve said all week, and that’s about your crypto trading costs

… outside of COINEXX this week, if you’re trading somewhere else it’s brutal

getting out of the spread + commissions has been a major effort, and most likely

unsuccessful … don’t be a dope! … sign up and trade ETH & BTC at COINEXX

and make money you were giving to the brokerage house & LP’s.

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

Have a great weekend everybody!

-vegas

THERE’S “SILENT” & THEN THERE’S DEAD

“Volatility that is!”

If trading costs didn’t matter to you before the last 3 days, I bet it’s got your

attention now! … today one of the lowest VIX & IVIX days I’ve seen recently in

both ETH & BTC, with today’s range so far in BTC of approximately $181, and

ETH just a little under $6 … as i write, BTC bid/offer spread at COINEXX about

$0.24, and a RT commission for 1 BTC of about 19 cents … while others need

upwards of at least $7, sometimes as high as $15 just to break even with cost to

trade, you can be ringing the register at COINEXX.

Ditto with ETH, as the bid/offer spread right now is $0.15, with a RT commission

of ½ penny for 1 ETH … with only a $6 range, you’re gonna need every penny of

that to make money and not give it to the frickin’ house or LP.

Or, keep throwing money away … whaddaya doin’ Skippy?

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

CRYPTO GOES SILENT

“At least today they don’t!”

Both ETH & BTC seeing very light ranges today, well below their respective 20

Day Range MA … nothing else is moving, so why should crypto be any

different? … still, BTC with over $200, and ETH with over $7, there’s still plenty

of room in here for profit!

The key of course, is YOUR COST TO TRADE! … spending on conditions in the

market, if they’re “normal” COINEXX wins hands down in both BTC & ETH … if

SHTF, BaseFEX is the place to be on their “order book” … as I write, bid/offer

spread in each is as follows … BTC $0.50 - $1.50, and ETH $0.14 - $0.20 … RT

commissions are TOTALLY MEANINGLESS cuz COINEXX treats crypto like

other house treat FX … which means “bigly & yuge” savings for you at 0.001%

per side … that’s whatever the price is X 0.00002 for the total commission … and

currently that is about ½ penny for 1 ETH, and about 18 cents for 1 BTC … there

isn't anyplace you can find that is better than that … I’ve looked, and continue to

look, and there isn’t any place even close to this rate!

Granted, COINEXX margin rates for trading are high by industry standards, but

with “deposit margin bonus”, that can be raised to 10X … and for most people

that should be plenty … and yes, they’re closed on weekends, but so what?

… you trading Saturday nights? … quite frankly, while every other account out

there is trying on days like this to get their trade out of the spread, and/or the

commission rate, COINEXX clients are booking profit! … if you're not trading

crypto here, you’re throwing money out the window.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

BTC & ETH … THE ONLY MARKETS WORTH TRADING … PERIOD!

“Free markets, good ranges, meaningless commissions … whaddaya want!?”

Good ranges today in both Ethereum [ETHUSD] & Bitcoin [BTCUSD], and quite

frankly they are the only markets worth trading … so if you’re not trading them,

why not? … what’s the prob? … everything anybody says they want in a market

is with these 2 … throw in COINEXX FOR NORMAL TRADING CONDITIONS, and

then “BaseFEX” when conditions get hectic and out of control … you literally

can’t go wrong here!

Today sees BTCUSD with an approximate $520 range and ETHUSD with an

approximate $16 range … bid/offer spread as I write, is $1 in BTCUSD and 16 cents

in ETHUSD … round turn commissions for each are meaningless, literally pennies

or fractions of pennies for whole lots … and in case you haven’t noticed, both

rally & drop to some extent with the broad theme off “risk on / risk off” and that

means correlation with the SP500 … the trading algorithm literally nails both of

these markets to the frickin’ wall, and is “dead on” accurate … however, if you’re

still piddling around with stocks or FX, and aren’t up to speed with crypto, you

first need to get into the game … and COINEXX makes it easy to open an MT5

demo through my affiliate link … seriously, I don’t know what the hell you’re

waiting for? … do you think the money here just walks up to you and says, “take

me”? … good grief, get in the game!

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

SUNDAY UPDATE: BTC / ETH TRADING IS WHERE IT’S AT!

“Would your Grandma give you bad advice!?”

Directly below, this week’s current VIX MATRIX TABLE, followed by the 20 Day

Range MA charts for BTC & ETH.

click on ANY table or chart to enlarge

CRYPTO

BTCUSD

ETHUSD

Some big daily ranges falling off the table from over 20 days ago, and that sees a

big dip in BTCUSD 20 Day Range MA going down … still respectable at about

$473, but what really matters here is the cost of trading BTC.

Most of last week saw trading conditions at COINEXX in BTCUSD have sub $2

bid/offer spread and the RT commission is only about 19 cents for 1 BTC … and

at times even $2 was high, as the spread for long stretches of time were under

$0.50 … combine that with the RT commission and it doesn’t get any better than

this!

Given BTC volatility, to get 5% of the value of a coin as a daily range, combined

with the lowest rate going when conditions ARE NORMAL, presents trading

opportunities that are off the charts … granted, I wish the margin level at

COINEXX was higher than 5X [20%], but with margin bonus when depositing BTC

to trade, that can be upped to 10% or 10X … this should be sufficient for most

people, but I would also recommend ETHUSD for small accounts as well.

With ETHUSD trading around $235, round turn [RT] commissions are ½ penny

per 1 ETHUSD! … the daily range averages over $12, and the spread is usually

under 20 cents, and many times last week it was 6 - 8 cents … so if your trading

account is very small, trade ETHUSD at the best rates & conditions possible

… “I’ve searched … nobody out there comes close to this commission rate or

spread, and the way crypto moves, if you’re using 10X or lower, you can still

make a helluva lot of money trading ETHUSD”!

Use my affiliate link and sign up at COINEXX … open a demo with simply an

email address, and then download the MT5 [not the MT4] and you’re up and

running within a minute … it doesn’t get any easier than this folks, it just doesn’t

… and if you’re NOT bringing yourself up to speed with crypto pairs like BTC or

ETH to trade, what the hell are you waiting for? … seriously, they are the best

markets to trade bar none, cuz there’s no government manipulation going on

… so whatever it is that makes you go “FUD” [Fear, Uncertainty, Doubt!], ditch

that shit and get with the program!

… until tomorrow mi amigos … Onward & Upward!!

Have a great rest of your weekend everybody!

-vegas

BTC VIOLENCE

“Not if you never sell them!”

Second day in a row “Stock Bellies” see violence on the downside, but BTC

holders ain’t falling for the panic … instead, they’re taking the attitude of

“you panic” and I’ll buy yours … how’s that sound? … and so we sit, but the

action is tradeable and the COINEXX BTC bid/offer spread has for the most part

been excellent … as I write, currently about $1.50 with a $330 range … imagine

if Cable or EURUSD had these kinds of ranges with this tight of spread and RT

commissions, you’d be drooling all over yourself!

Some good algorithm trade signals today, and if you haven’t “tinkered” with

either BTC or Ethereum [ETHUSD], it’s time you got your ass in the game … use

my link to open a demo … it’s quick, super easy, and you’ll have the platform up

& running within 2 minutes [use MT5 for crypto], and then when you’re ready for

live trading deposit some BTC and go!

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

Have a great weekend everybody!

-vegas

SELL, MORTIMER, SELL!

“Whoops!”

No reason anybody should have gotten caught in this BTC dump today … stocks

clearly from the start were going over a cliff, although given the scope & nature of

the losses in ‘Stock Bellies”, the mild $900 BTC mugging seems tame by

comparison … I’ll have more tomorrow.

Outta here … until tomorrow mi amigos … Onward & Upward!! 

Have a great day everybody!

-vegas

BTC WAITS & BIDES ITS TIME

“Amazing what money can do for somebody!”

Here “pre FED”, a little after Noon EST, and BTC has a very mild approximate

$250 range … not much to say except it’s holding and consolidating well up at

these levels just below 10K … COINEXX sees 25 cent spreads in BTC, and along

with approximate 19 cents RT commissions to trade 1 BTC, it’s by far the very

best place to trade in a slow moving environment … while everybody else in the

world is trapped inside of “spread + commissions” you’re booking profit … “I’m

sorry, what’s not to like here”?

I will also add that in this environment ETHUSD is trading with an approximate

8 - 20 cent spread @ COINEXX, with a RT commission of ½ penny per 1 LOT!

[ 1 lot = 1*Ethereum price, currently at $242 per 1 ETH]]… so, no place I know of

has anything approaching this for Ethereum trading .. today so far, ETH has an

approximate range of $4.25 … for very small trading accounts [those under $500],

and you want to trade crypto, here’s the 2nd most actively traded crypto pair you

can trade and not worry about getting blown out of the water.

If you're not into crypto trading yet, get into crypto! … can’t make this any easier

for you, whether you decide to go with ETH or BTC, it doesn’t matter … sign up

through my affiliate link, create a demo in the MT5 [not MT4 but MT5], and have it

running in less than 2 minutes! … when you’re serious about making money, let

me know.

Outta here … until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas