WHAT ARE THEY AFRAID OF?

“Never EVER let them control you & your wealth!”

If the FED were really interested in helping & benefiting the middle class, they

would be at the forefront of crypto & block chain technology … instead, they fight

it at every step, and call it dangerous … how come? … EASY PEEZEE: “crypto

empowers the individual, and takes power away from a central authority like these

douchebags, and allows finance [your money] to be “free”, in the sense nobody

but you controls it … and ya see, that’s the problem in a nutshell, this loss of

control thing government has”!

So what is it the FED is afraid of? … it’s giving you the power over them instead of

the other way around, and allows you financial freedom!

A pretty decent day in BTC … range so far, just short of $500, and some good

algorithm buy signals. Directly below, my best trade of the day, coming right

around the 15:30 server time [8:30 AM EST].

click on chart to enlarge

If you’re not trading crypto, you’re  missing the boat … COINEXX bid/offer spread

today was simply superb … under $2 the entire day, with few blowouts higher, and

the RT commission on 1 BTC about 19 cents … seriously, whaddaya want here?

 … until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

BTC IS THE VACCINE AGAINST GOVERNMENT

“Dear Elmer: Try the crypto space for some good hunting!”

Third day in a row [so far] BTC is locked into a very tight range, with 2 doji’s

preceding today on the daily candlestick … markets basically quiet everywhere,

and so far today after 15+ hours, BTC with a measly $214 range … and when you

start to get conditions like this, algorithm parameters start collapsing in on

themselves, and you have to be very, very careful about minor price fluctuations

causing “false positives” … every market needs a certain level of IVIX, and right

now BTC is scraping the bottom of the barrel, and what that means for your

trading is to lower your trade expectations until the market changes and things

get more volatile.

A couple of brutal “Thelma & Louise” downdrafts in the NYSE session, that

specifically saw 2 M1”s get monkey hammered lower, no doubt on sell stops

below the last couple of day’s lows … however, both led to algorithm scalps from

the long side right afterwards, and once again patience & discipline in waiting for

BTC to “do its thing” will reward you with profit.

This afternoon at @ 2 PM EST sees the FED minutes released … not sure if this

will have an impact on BTC, but it’s there nevertheless and you need to be

situationally aware of what’s going on in the broader scheme of things … and

now that the sell stops have been wiped off the order books, the market literally

dies in its tracks … this is what’s known as the “loser formation”, cuz if you got

caught the wrong way, good luck making anything back when there’s no range to

trading for minutes on end … it’s been in about a $20 range for the last hour, and

that M1 stop hunt had a range of approximately $236 … and everybody who got

caught is now sitting there and saying, “well that was fucking cute, now what?

… how do I make any of this back”? … HINT: you don’t! … but if you had the

algorithm, you wouldn’t be in the mess you find yourself in, cuz there’s no way

you would have been long into either M1 break!

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

THE OIL NIGHTMARE AIN’T OVER

“Don’t even think about getting long crude oil!”

The world’s most corrupt exchange has raised margins on oil futures … now

$10,000 per 1 lot … that’s interesting cuz the entire value of the contract is less

than $18,000 per 1 lot … ask yourself who exactly pushed for this and why?

… you won’t like the answers … oil still in big heap Wampum trouble as we move

to the June expiration in a few weeks, with some energy trading firms calling for

-$100 oil at some point in the cycle of expiration … there simply is no place to

store delivered oil … literally fucking ZERO! … so, if you’re short oil as a

producer, there’s no positive price you’re gonna be willing to take to offload real

oil … and this is a very big problem for the FED, cuz the QE CNTRL-P machine

ain’t worth shit in oil!

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

Have a great day everybody!

-vegas

THE FED PROPS UP OIL

“Crude oil trading would be a good start!”

I don’t care what anybody says, today sees the FED’s fingerprints all over that

early morning rally that took it to its high for the day to coincide with stocks

exploding … they did it in February 2106, when that seemed like a disaster in the

making with oil going into the mid 20’s … that was just a dry run for the current

disaster … so why not? … is it not cheaper to prop stocks via oil buying than to

pump shares of AMZN?

Make no mistake, this current state of disaster is the direct result of Saudi Arabia

attempting to exert control over world oil, and quite frankly they have the means

to be able to do it … wipe out all competition for oil is right out of the John D.

Rockefeller playbook from Standard Oil of New Jersey back over 100+ years ago …

and with American shale producers a big pain in the ass, it won’t take many more

weeks / months to wipe most of those off the map … despite the FED buying

today, crude is in real trouble, and next up is the June expiration which has the

makings of a real bloodbath on the downside … it would surely be nice to have

an oil CFD that wasn’t hosted by scam artist LP’s, like the ones at both Turnkey &

PRIMEXBT, where how many hours did it take for them to abandon the 2 cent

spread? … what a fucking joke.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

BTC WAKES UP

“You ain’t seen nothin’ yet!”

A nice approximate $740 range today in BTC … could use another 100+ days like

this to keep the IVIX fire going … when you consider the FED today pumped

almost $100 billion of “QE funny money” into the banking system, 10 years+ from

now where do you think BTC will be valued at? … [a helluva lot higher than today,

given 2 important facts; 1) the FEDS hate it, and 2) there only about 17,000,000

BTC in circulation, and there ain’t no more … take into account all the HODLing

going on, and the float is far less!]

Oil is basically dead in the upper 50’s, and it looks to me like it’s got nowhere to go

… if it rallies over 60, there are producer sellers lined up to sell, and if it drops

much, the geopolitical situation kicks in and people get scared … so it basically

sits and simply chops … add to that a somewhat high cost to trade, and there is

better opportunity elsewhere right now than oil.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

CRYPTO SLEEPS, & IT’S OIL INVENTORIES ROULETTE

“Reminds me of trading crypto & oil when conditions are bad … like today!”

Well, what a bucket of slop both crypto & oil turned out to be today … same old,

same old with oil cuz it’s oil inventories roulette day, so maybe it can be excused,

but BTC has fallen and it can’t get up … I mean WTF! … talk about a low range

with nothing going on, you’re talkin’ BTC today mi amigo!

Maybe it’s got something to do with the FED, but I doubt it … both these markets

pretty immune to that shit, and in any event it would only matter if there were

significant differences in expectations for it to have any effect … just have to wait

‘till tomorrow! … until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

OIL GOES STALE … CRYPTO UNEVENTFUL

“The story that never gets reported on by the financial MSM!”

So much for oil moving anywhere … while more volatile than other traditional

commodities, over the last 5 years it hasn’t really gone anywhere in terms of

price … same old same old … that’s not to say it can’t be traded, especially when

you have a very good bid/offer spread and relatively low commissions, but you

need a certain level of intraday VIX or you’re just gonna be sittin’ there

wondering what the hell is going on … c’mon, move already! … and then it

doesn’t.

Crypto on the other hand moves … moves like the 80’s IMHO, the zenith of

trading in the U.S., before the government ruined it by sending everybody

offshore with idiotic legislation made possible by CME lobbying efforts … idiots,

but what do you expect from Apparatchiks & criminals from Murder, Illinois?

It should come as no surprise that every traded market on the “normal” MT4, has

seen drastic reductions in volumes & liquidity over the last 5 - 7 years … quite

frankly, there are plenty of traders, including me, who are plenty sick of the

manipulative bullshit from FED faculty lounge Twits who jerk markets around for

the benefit of their BFF’s, the scumbag TBTJ & TBTF banks, and traders pay the

effing bill … no more in increasingly larger numbers every week, as people move

away from these markets to crypto … the advantages are so obvious it

overwhelms the senses … and most striking, is the simple fact that the entire

planet is now one very large trading pit of crypto, outside the the purview of the

manipulators, who haven’t a fucking clue as to how they’re gonna deal with it

going forward as the world passes them by … in other words, fuck off FED!

… and for my money, now you’re talkin’ about a group of free markets, not the

shit we’re forced to feed on now!

I got news for the skeptics … please stay skeptical and avoid crypto at all costs,

cuz it only insures a rosy future ahead in the digital economy of this century

… and btw, I got a typewriter and some postage stamps I can sell you too, how

about that? … go ahead Skippy, get some Bitcoin and send it around, and see

how easy it is to use and utilize, and then come talk to me about scumbag

banks, banks cards, wire transfers, and all the other useless shit we pay for but

don’t need, from a group of people who’ve lived off our back pockets forever

… quite frankly, bankers are parasites … and in the digital economy, they’re

about as useful as typewriters are to my online Google “Docs” word processor

… in other words, NOT! … fact is, you can open a PRIMEXBT account with ZERO

KYC, fund it with Bitcoin in minutes, and be trading markets within 15 minutes

from when you started! 

Do it through my referral link in the header, then let me know about it with an

email, and within another couple of minutes receive FREE the 92 page Adobe

PDF “Traders Course” [TC], and I’ll show you how to slay BTC trading, along

with the other markets [if they ever move again, a big “if”].

This day over, ain’t nothin’ movin’ nowhere … until tomorrow mi amigos

… Onward & Upward!!

Have a great day everybody!

-vegas

OIL HITS THE $57 HANDLE ON CHINA NEWS

“Can’t you just see the happiness in an oil traders face!?”

Oil goes higher today thanks to QE from the FED, and the bogus “China trade

deal” … throw in some dictators & thugs talk about cutting production, and it’s

bad news for shorts.

Looking at the WTI Crude Oil CFD, some good algorithm scalper M1 buy trades

using the techniques discussed in Chapter 6 of the “Traders Course” [TC] for

aggressive scalpers … and while you might think the term “aggressive” pertains

to risk, actually it has a totally different connotation as I use it in the TC

… literally a perfect trade in crude from the TC … get it, and find out how to do it

… it’s only $60 and it comes with support via chat … until tomorrow mi amigos

… Onward & Upward!!

Have a great day everybody!

-vegas