“Well, if you are awake, you’ll wish you weren’t!”
“It would be nice if I actually had something to report … unfortunately, I don’t”.
FX call spread premiums continue to remain too high for positions, given the
20 Day Range MA’s we see at the end of the week … and if you bite and take
the bait, more times than not you’ll wish you hadn’t … last night sees
ridiculous premiums, IMHO, given the nature of the market starting this
week, especially with the FED holding everything at bay ‘till Wednesday
@ 2PM EST, when all hell breaks loose.
In oil, it’s simply a function of waiting until the 20 Day Range MA starts
moving higher … currently, the oil market is sitting on 14+ month lows in
terms of the MA, and that’s not a good thing when trading oil … NADEX
simply mispricing protection and forcing you to overpay to play … “well
guess what? … yea, screw that”.
Gold completely dead, so nothing to do there, as well as stock indices, which
are literally scraping the bottom of the volatility tree … but which NADEX
wants high premiums to trade, and it simply makes these untradeable at the
moment.
Wednesday … tomorrow more than likely will be worse … until tomorrow
mi amigos … Onward & Upward!!
Have a great day everybody!
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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