“WTF do I do now?!”
Traderzoogold has the SP500 & gold charts, which means the other twelve [12]
markets are directly below [in no particular order of importance]. All the
financials have definitely seen an increase in ranges over the last week or two,
and that’s reflected in the 20 Day Range MA’s.
click on chart to enlarge for ALL
We’ve reached an inflection point, IMHO, where if stock indices don’t start
coming down some in terms of volatility, “the wheels are gonna come off the
wagon”, and the system collapses as we now know it … yes, we could see some
sort of new trading paradigm arise from the ashes, and it’s a definite
possibility, but given what we are seeing almost daily, unless the fires are
ratcheted down a bit, all hell is gonna break loose, and nobody knows what
that will bring, but I’m betting it wouldn’t be good.
I haven’t finished the new tutorial/manual yet RE “NADEX Call Spreads”
… that will come next Sunday … my main challenge in writing it, is to present
the material in a straightforward manner for those traders who are not
familiar with some of the concepts, and not sound like some math geek or put
people to sleep … it’s harder than it looks, cuz there are three [3] components
to “Call Spreads”, that combine themselves into a financial derivative that isn’t
[to my knowledge] offered anywhere else, on any other trading platforms. But,
if you’re looking for a sound explanation combined with sound money making
strategies, it’s worth the wait to next Sunday.
One thing I don’t particularly agree with from NADEX, is that they start
every week with opening binaries & call spreads at 3 AM EST, Monday
morning, instead of starting the week Sunday night at 6 PM EST, like they do
Tuesday, Wednesday, & Thursday night … I don’t see the need to change just
for Sunday, but there isn’t anything to do about it cuz that’s the way it is.
My only hope for this week is to see a drop in the utter terror priced into
everything from a risk perspective … “just remember, the most sane guy in the
insane asylum is still clinically insane”! Ok, bring the week on!
Have a great rest of your weekend everybody!
-vegas
OUR NADEX SIGNALS SERVICE IS UP & RUNNING … DAILY
WTI CRUDE OIL SIGNALS & “VOLATILITY” STRATEGIES
IN 20 OTHER MARKETS, INCLUDING COMMODITIES, FX,
& STOCK INDICES! … “what on earth are you waiting for”?
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