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Friday, April 12, 2019

CHINA FIXES EVERYTHING

“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.

Go figure the ChiComs … I, along with everybody else, not expecting this last 
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!

-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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