Chop fest until 1.30 then who knows, I'm sitting this out today. Good luck.
Good call ! :clap:
I also have no interest in trading this - tight 30-40 point range on the DAX might appeal to some but is too risky.
Chop fest until 1.30 then who knows, I'm sitting this out today. Good luck.
Good call ! :clap:
I also have no interest in trading this - tight 30-40 point range on the DAX might appeal to some but is too risky.
I'm semi-bullish for today, next week that's a different question...
Todays daily index options now open;
ftse 6450 CALL - 1 contract @ 4.6
dax 11060 CALL - 5 contracts @ 6.1
dax 11200 CALL - 2 contracts *
dow 18000 CALL - 1 contract @ 29.6
Total risk of £350, I will possibly scale out of the dax positions earlier on in the session if at all possible to cover the premium.
Traders boosted bets that the Fed will raise rates next month after the labor report.
Its gonna happen!
Thats a tic chart - Buy, Buy, Buy, Buy ...
That's because if they don't raise rates market will go up.
If they raise rates markets will still go up on hype.
“Irrational exuberance” comes to mind! Who knows???
So, what we got, about 3 weeks for some significant indices falls, probably emanating from asia so as to avert any interest rate rises this year in the west.
Just spend next few weeks building a short pozzy at an average level your happy about....then watch them suckers tank. Rate rises my ****.....the worlds fekked.
Morning all...
Bought dax 11100 daily CALL - 5 contracts @ 4.0
Doesnt look like shes got the energy to make it that far today.