Forex Market Option Trading Opening Indicator 7/7/10

Options Trading — Wed, 07 Jul 2010 13:33:32 +0000

Forex market options trading indicator for today showing weakness in the USD and Yen – normally a positive for the S&P 500 however the strength in the market is in GBP and CHF – making this a weak signal (I call this position “robbing peter to pay paul.”) Here’s the rub: taking money from one “risk free” forex market and putting it into another “risk free” forex market doesn’t move the equities markets. It’s a non-play to me. That being the case, I see the overall economic momentum dominating – ie down. Not long after the open money poured into the “risk currencies” driving the market up. This happened in the face of another bad Baltic Dry Index report – ie negative news. I say you be the judge: see short term money come into the market and fly into the light of higher stock prices… or see the phantom gains for what they are (ie short term bets) and look for an opportunity to buy binary option put contracts and wait for the inevitable end of day dive. Read more from Forex Market Option Trading Opening Indicator 7/7/10 - a post from: Binary Options Trading Tutorial - Forex Signals [...]

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Forex Market Option Trading Opening Indicator 7/7/10