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Thursday, April 25, 2019

I’M TIRED OF THE FX “COIN FLIP”

“You know who you are!”

I grow weary of the NADEX FX “coin flip”, where premiums are high most 
nights and in the morning, intraday volatility sucks and shows zero signs of 
getting significantly better anytime soon, and it’s either a complete loss of 
premium or a small gain … this ain’t a winning formula. If you want to 
continue to trade GBPUSD, GBPJPY, & EURJPY, that’s fine with me, but 
until volatility is substantially higher consistently, I don’t see the advantage 
to us in this area … “hell, I can flip a coin and make the decision process just 
as easy, so why bother with them”?

Instead, tonight I’ll be looking at WTI Crude Oil & the Stock Indices, and 
again at the European open … it’s the only place where bid/offer spreads are 
anywhere near reasonable, combined with the fact premium levels in these 
two markets have FINALLY come down significantly … ‘bout frickin’ time 
… nonetheless, the way they are priced now, even slow days can make us 
money. So, back to oil, and most likely the SP500.

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”?





 

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