“So says FX today!”
Markets all across the MT4 board paralyzed today … given so many
confusing signals from every direction, nobody knows what to do in
anything … pick your market it doesn’t matter, it’s either “panic city” or
“night of the living dead” and nothing else in between.
And given that scenario, is it any wonder GBPUSD trades like a drunken
duck … one minute way up, the next crashing down, but not enough to get
pass the call spread premium evaporation that takes place on each turn
… meanwhile, the Pols prove to the world yet again how utterly worthless
they’ve become … cuz as I’ve said before, “until they figure out how the graft,
bribery, corruption, embezzlement, & influence peddling in any new “Brexit”
deal gets handled, absolutely NOTHING gets solved or passed in Parliament
… there isn’t a Pol alive that’s gonna see his/her cut get reduced, so some other
“fat cat” can get a raise … they may be corrupt, but there not stupid”!
What we end up with at the end of the day, is some “straight ups” and some
“straight downs”, but not enough to matter … and that finds Cable locked
into the 1.3000 - 1.3250 range until something gets hammered out. Other
markets aren’t faring as well as Cable in terms of their VIX … oil, gold, &
the stock indices a pile of roadkill out on I-80, somewhere in Wyoming
… you’d think the call spread premiums in these would reflect this … you’d
be wrong.
All we can do is wait it out … tomorrow’s another day, here in the salt mines
of trading … we’ll see what transpires tonight at the open … until tomorrow
mi amigos … Onward & Upward!!
Have a great day 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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