AN FX MESS

 

“Markets have a message for you!”

EURJPY looks and feels like it’s died … no movement, no ranges, no 

volatility, and still the call spread premiums are too high. GBPJPY & 

GBPUSD are like flipping a coin … some days OK, some days nice gains, 

and other days a complete and utter disaster … at the end of the day, what 

have you got? Crude oil today, another joke … an 80 cent range? … excuse 

me? … have you seen the call spread premiums in crude oil?

Which, in case you’re wondering, is why I believe NADEX has only one 
market maker [their parent, IG Group, London] … they can price anything 
they want, any way they want … competition? … what’s that?

Well, nothing to comment on really until we see some more trades … and for 

that we need to see reasonable premium pricing, something we sure as hell 

aren’t getting lately. Tomorrow is NFP … should be a nothing burger 

overnight, so we could possible see a trade early before the NFP … we’ll see 

… until tomorrow mi amigos … Onward & Upward!!

Have a great day 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”?