“The solution was obvious all along!”
Once the China massive QE news broke, USDJPY went immediately higher,
EURUSD shorts got crucified, and crude oil jumped quickly … other than
that, not much … although Cable finally joined the party and rallied into buy
stops before coming back down to earth.
night … would have made for some great call spread trades given the low
premiums last night, but given the same set of circumstances in the future, I’d
do exactly the same thing … it just made no sense, which is probably the
reason they were successful.
And from that blast up, oil has nothing as well but steadily move lower … all
around, pick your market, simply a fake out ladled with stop hunts … you
know, the usual bullshit we get when there’s no such thing as trend anymore
in FX.
Onto next week … blog update Sunday night … until then mi amigos
… Onward & Upward!!
Have a great 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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