OIL ROCKETS ON INVENTORIES

“Oil inventories or roulette? … what the hell is the difference!?”

No need to visit a casino, just place your oil bets for the Wednesday, 10:30 A.M.

EST, oil inventories … sit back and relax, and either win the pile of chips or lose the

pile of chips, cuz most weeks that’s what happens … why should today be any

different?

Traded Brent today over at my new home, and I’ll have details tomorrow for all of

you … quite frankly, it’s “the place” to trade crude oil from the CFD side, instead

of futures, and my “net cost” to trade Brent today was right at 2.5 cents per barrel

the entire day … lets see you get that kind of deal anywhere else in a CFD, in 100

barrel increments, that conservatively puts thousands of dollars into your

account per year, no matter your account size … “winner winner, chicken dinner

folks!”, and you’ve only seen the “tip” of the proverbial iceberg … wait ‘till you

get the full story … as I said yesterday, be next to a bathroom cuz there’s a

chance you might soil yourself!

Crude today, putting in good ranges both in WTI & Brent … WTI having a slightly

higher range … no matter, take your pick really … both good trading vehicles, and

the oil algo for the M1 Scalpers Algorithm totally “nailed it” this morning AFTER

the inventories report, giving a short term scalping buy signal at the low of the

correction … those who have the “Traders  Course” [TC], know what I’m talking

about, even without the special chapter I’ll be adding this upcoming weekend

… all I’m doing is amplifying crude oil into its own chapter, giving more examples

and better understanding of the algorithm for scalping to oil traders specifically

… and like I said yesterday, right afterwards comes another update version with

another special chapter devoted to crypto … both covering the M1 scalpers

Algorithm and how to use it for both … I’m writing it as fast as I can to get it out to

you!

What I’m going to be recommending for oil traders, is to use the FX CHOICE

DEMO platform for running the algorithm [ECN classic or pro it doesn’t matter],

cuz they use the MT4 and the algorithms run on the MT4 … where I, and soon to

be you if you like money in your pocket, can’t run the oil algorithms on their

platform … they have their preset indicators and that’s it, which is fine … the oil

price on the new platform is actually inside the FX CHOICE bid/offer spread, cuz

the new spread is @ 1.3 cents in WTI … so, if it’s 57.00 bid at 57.03 at FX CHOICE,

it’ll be something like 57.010 bid at 57.023 [they use 3 decimal pricing for oil]

… and from yesterday, trading 3 times a day with 200 barrels via a $500 account,

over the course of a year’s trading puts $2,250 into your pocket … IF YOU DON’T

WANT IT, I’LL TAKE IT … seriously, don’t be stupid.

Tomorrow more than likely sees me able to announce my new brokerage

relationship, as they are doing back office stuff to get me up and going … and

quite frankly, I’m not leaving anybody behind, cuz as I said yesterday, I’ve got a

great deal for oil & crypto traders once the ball starts rolling … until tomorrow

mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

OIL SIMPLY FOLLOWS THE STOCKS ROLLER COASTER

“Oh, I see you’re trading Oil & Crypto!”

Spent part of the early morning trading Brent Crude Oil with a 2.5 cent “net cost”

… it was glorious! … and when I fill you in on the rest of the story in the next few

days, you’ll know why … no longer stuck with shit fills, high spreads, and

slippage from hell, from the likes of Turnkey and/or Coinexx, and lower by 1 ½

cents per barrel than FX CHOICE … think pennies don’t matter? … think again

Skippy! … let’s say I trade 200 barrels of oil per trade, that’s $2 per penny, and

that I do, on average, 3 trades per day … that 1 ½ cents per barrel * 200 = $3

… $3 * 3 trades = $9 … 250 trading days in a year * $9 = $2250!

So, if I had a $500 account, which wouldn’t be overly aggressive for doing 200

barrels per trade [about 22X], I’m giving FOR NOTHING, $2250 per year to the

scumbag LP’s and the brokerage house to split however they see fit … YES,

“NET COST” MATTERS!!

Crypto today sees unusually light ranges and volumes, although some of the

spreads have moved quite well … more on this space in the days to follow … and

in case you haven’t read the blog over on traderzoogold, I encourage you to do

so and take in my advice on 1) web browser to use, 2) choose a VPN, and

3) choose an anonymous & totally secure & private email account.

“Traders Course” [TC] this weekend sees an additional chapter devoted to crude

oil, and now that ANYBODY … yes, I said anybody … can trade crude with the

best “net cost” in the world for a CFD [100 barrel increments, max size of

position 7500 barrels], this weekend would be a great time to INVEST $60

measly bucks and learn how to trade it effectively for profit CONSISTENTLY

… hell, more than likely you spend $60 in a week on worthless crap, so this isn’t

exactly a “life changing” move to learn how oil trading [right along with

everything else] can change your financial life … even with oil in the doldrums

lately with falling VIX, when you can trade it at approximately 2.4 - 2.5 cents per

barrel “net total cost”, you can still make some decent profits.

In addition to that, here in the next few days I’m going to be offering a

“Sweetheart Special Deal” for oil & crypto traders, that should make you wanna

do back flips off the high dive! … stay tuned, cuz I’m gonna rock your world!!

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

SUNDAY UPDATE: SHOW ME YOUR CARDS SKIPPY?

“Oil traders at play on the weekend!”

Oil might not be trending anywhere, but it sure as hell is moving up/down

… caught in the tug-of-war, minute to minute macro events surrounding global

supply & demand, oil is responding with vicious and quick moves both

up & down … forget “long term” in this shit … what does that even mean?

… it’s simply minute to minute and who said what 1 second ago, either about

supply or about world economic conditions [demand] … and then it’s either a

train wreck lower or a melt up.

Directly below, this week’s 20 Day Range MA in WTI Crude Oil.

click on chart to enlarge

Range MA still hanging around $2, which when you consider it’s not really

trending anywhere, it’s amazing oil can keep this high of a range … and one

look at an M1 chart throughout the night and day, and there’s enough in here for

even the most inveterate gambler looking for “action”.

I’m always scouting the offshore brokerage community and keeping track of their

spreads in crude oil CFD’s … 99.9% are rip offs, despite most houses assertion to

the contrary, but at some point somebody is going to offer a competitive oil CFD

that is worth trading … this week sees us contact 3 houses on Monday which

have potential … I’ll have more news on this tomorrow … what we’re looking for

are 3 things; 1) accept U.S. clients, 2) “net cost” [bid/offer spread + round turn

commissions if any] to trade WTI and/or Brent of 3 cents or lower per barrel,

and 3) margin leverage of 100X or greater on these smaller oil CFD’s … three look

promising, and I’ll be talking with them tomorrow … the devil is always in the

details, so we’ll see what happens.

Until tomorrow mi amigos … Onward & Upward!!

Have a great rest of your weekend everybody!

-vegas