FX IS DEAD, & OIL CONFOUNDS EVERYONE

 

“Please read the manual carefully!”

For all practical purposes, FX is dead … yea, at some point maybe it gets its 

“MoJo” back, but for now the central banks are in firm control and that 

means almost zilch intraday volatility … you like “coin flips”? … you’ll love 

FX. Oil, on the other hand, sees the biggest massacre in months on the 

downside on Friday, so I guess it’s only natch that today sees the market go 

up and stay up … call spread premiums here not outrageous, but not that 

great either … the only thing oil has going for it, is the bid/offer spread is 

pretty stable at 2 cents.

I looked at stock indices this morning [SP500], and premiums here were just 
too high to justify a trade … simple as that. However, spreads here between 
bid/offer are pretty rotten … I don’t know what the hell NADEX thinks 
they’re doing, or how they think people will trade doing “stupid shit” and 
overpaying for trades, but this shit they pull on a daily basis has got to stop. 
Otherwise, the ONLY market that has any chance is oil.
 

Back 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”?