“What markets look like in nature!”
“Oy” … and it just goes downhill from there. This is as dead a day as you’ll see,
cuz we’re waiting the entire day for idiotic FED minutes that come at 2 PM
EST … another wasted day on bullshit … welcome to the new paradigm of
central bank control over everything.
Except at the open of the NYSE, oil explodes, which has me wondering how in
the hell oil can rally in the face of a global depression? … sure, they say they’re
cutting production … sure, right I’m gonna just trust these asshats … and yes,
China has turned on the money spigots this last month to the tune of trillions
of Yuan … somebody tell me how that relates to stronger oil demand? … and
just like that, oil rallies straight up $2 per barrel in 1 ½ hours … no wonder
this complex is called the “widow maker”. And quite frankly, while everything
else sits and waits for FED minutes, how does oil give the rest of the markets
the middle finger and skyrocket? … “if I didn’t know better, I’d say there’s
plenty of bullshit going around in oil for everybody, and somebody knows
somethin’ the rest of us don’t! … man, I didn’t see this rally coming at all, cuz
with only a half hour from FED minutes to call spread expiration, I didn’t
expect anything of substance to take place … it didn’t cost me, but it sure as
hell surprised me”! There was an algo buy signal, but I didn’t see it … this is
a move that we should have captured at least some of and profited.
Today is one of those days where I make a “Command Decision” … and this is
how it’s gonna shake out from here going forward … at night from the
NADEX open, I’ll make my “volatility call spread strategy” recommendations
for the 3 most volatile FX pairs, which are GBPJPY, GBPUSD, & EURJPY
respectively, and see if there are any trades to make based on volatility. When
we get to the European mid morning [around 6 AM New York time], I’ll be
looking at algorithm signals in WTI Crude Oil for the day utilizing a NADEX
call spread … and that’s it! Cuz quite frankly, I’ve been spreading myself too
thin via NADEX, and today sees me miss a great trade cuz I’m attempting to
watch everything. So, going forward, that’s how it’s gonna be … oil trading
here we come … “this place ain’t called traderzoocrude for nothing’!
Other than that, nothing really to say, except wait until tomorrow
… hopefully something happens from FED minutes, but I wouldn’t count
on it. We’ll see.
-vegas
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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