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Wednesday, May 8, 2019

GETTING CRUDE TO BEHAVE

“Goofy Stuff = NADEX crude oil call spreads!”

There just isn’t anything to do when 1) NADEX won’t give adequate call
spreads at the open in relation to floors & ceilings, 2) practically every night
the opening prices are at least 50+ cents away from said floors & ceilings
leading to high call spread prices, and 3) even in the morning after a move
overnight the premiums are too high, and the market simply has to move
farther than is justified for us to make any money.

Today sees a move, where maybe if we acted quickly we could have made
money from about a 65 cent premium, but it was there and disappeared
quickly … in other words, like all other markets on the board, no follow
through and no trend that lasts. And this equals losses.

Lately, just a piss poor market environment with high premiums relative to
its 20 Day Range MA. More tomorrow, as NADEX frustrates me to no end.
Until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

OUR NADEX SIGNALS SERVICE IS UP & RUNNING … DAILY
WTI CRUDE OIL SIGNALS …  “what on earth are you waiting for”?


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