“The question I’d love to ask NADEX this week!”
The real question to ask going into this week is, “wil NADEX make decent
markets through their one & only market maker, IG Group, London, this
week in anything/everything Cable … meaning of course, GBPUSD &
GBPJPY … or, are they gonna continue to quote extremely wide bid/offer
spreads, often times in excess of 5 or 6 PIPS when you take into account
round turn commissions? … we’ll have to wait and see of course, but all I can
say is that last week they embarrassed themselves by pretending to have a
market … they didn’t.
Directly below, the 20 Day Range MA charts for the upcoming week.
click on any chart to enlarge
As you can see from the charts above, oil continues its downward ways in
terms of range, and since the bottom in oil late last year, its lost about 50% of
the range value … nothing to do here until it turns around … mess with it,
and it’s an invitation to lose money.
of 1) the right level of call spread premiums, and 2) does NADEX shoot
themselves in the head and drive away business with bid/offer spreads that
would make Vito Corleone blush? We’ll see shortly! … until tomorrow mi
amigos … Onward & Upward!!
Have a great rest of your weekend 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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