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Sunday, March 24, 2019

SUNDAY UPDATE: FULL RETARD FX A POSSIBILITY

“Oh look, GBPUSD is now open for trading!”

In the great histories of FUBAR’s or SNAFU’s, it would be difficult to place 
anything remotely close to the way the Brits have completely fucked up  
“Brexit” … whether by design or accident, this upcoming week sees the 
world’s biggest “shitshow circus” come to a head … fasten your seatbelts and 
put your radiation suit on, cuz it’s got the potential to be extremely volatile.

Directly below, our 20 Day Range MA charts for the week.

click on any chart to enlarge








Oil doesn’t register anything this week, having had 2 crazy days and 3 dead 
days last week … premiums in here still way too high given the psychotic 
nature of oil market action.

It’s all gonna come down this week to whether or not call spread premiums 
in GBPUSD & GBPJPY can be priced “reasonably”, or like what we’ve seen 
lately which is priced “nuts” … there isn’t any other alternative, cuz if 
you’re needing Cable or Cable / Yen to go 200 PIPS from the tips to make 
you money, then you most definitely got a problem … might as well play 
Keno in Vegas, they’ll bring you free drinks.

Given the news cycle this week, I’d be surprised if we can hit our threshold of 
premium levels for a trade … however, given the nature of the impending 
nuclear explosions in Cable AND … AND … a rising 20 Day Range MA in 
USDJPY, that most often goes in the opposite direction of Cable, I’m willing 
this week to stretch the premium threshold a little bit … we’ll see how it plays 
out each day, but I’m not gonna go “out on a limb” here, and I’m not going to 
miss a potential explosive trade cuz of a couple of PIPS either.

So, onto crazy week in FX … until tomorrow mi amigos 
… Onward & Upward!!

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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