“Looks like the gold market!”
Directly below, the numbers don’t lie when it comes to gold and the 20 Day
Range MA, for both daily & New York.
click to enlarge ALL
And for comparison, the SP500 market directly below.
We’re sitting at the low for the year, here at the end of 2018, and if it hadn’t
been for Friday’s $10 range, I think we might have been under $7 for the New
York 20 Day Range MA … pathetic.
And while anybody can wax eloquent about the reasons, in reality what does it
matter? … even if you knew, how would that help you trade it, when there is
no volumes clearing through, zero liquidity, and “slippage candy” being handed
out by the scumbag bullion dealers?
Friday’s 3 hour move was as volatile as the previous 6 days! … how many times
can anybody say that? … this week sees the FED meeting on Wednesday, which
promptly at 2PM EST, will see all hell break loose pretty much across the board
… “I hope Turnkey has fed the Gerbils and can keep the MT4 running, but we’ll
see on that score … if it gets to nuts, the scumbag LP’s simply shut the machines
off [remember Oct. 11?] and then promptly blame the “ghosts in the machine” for
the problem”.
some important math considerations, that dig into the criteria for NADEX
“call spreads” [CS] … do yourself a favor and learn a better way to trade than
any of these offshore brokerage houses can give you … once you get a handle
on things, you’ll instantly realize what I’m saying is right.
Onto tomorrow, we’ll see if gold can do anything before the FED meeting
… I’m outta here … until tomorrow mi amigos … Onward & Upward!!
Have a great rest of your weekend everybody!!
-vegas
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