How Those Prices Have Moved
Today’s prices Friday’s prices
What’s The Deal?
The trades have done rather well- a drop was on the cards but 2.4%? That’s what we like-shake things up a bit. The greedy buy side have had it all their own way for too long. Creaming off profits for doing nothing. Allegedly.
Monster Predicting Skills?
Nope. Really don’t need a crystal ball-markets are supposed to move and that is where we make our money. Forex traders probably got spanked, the naked put sellers too. But at least with options you don’t have a simple buy/sell choice. We can do a whole lot more.
For now we like this move and hope our readers do too. Many of us are positioned for this and personally my own trade went from a debit of 11.5 to a credit of 60, today. I was millimetres away from doubling up too when this trade went to about 5. A smarter trader would have been piling on the trades last week. I will not reveal my position other than to say I think the 7100 level is vitally important. With that in mind my trade reaches max profit at that level on Friday at 10:10am. Enjoy-and by the way. I’m not going to spoonfeed you the trade results, you have the numbers!
