One of my favorite markets on which to trade binaries is the daily Japan 225 that expires at 2:25 AM. Typically, I find this market very calm and quiet within one hour of expiration, which is the type of market that I prefer to see when doing expiration trades.
Last night when I logged on to Nadex and looked at the chart for this market about 45 minutes before expiration, I was astonished to see it falling like a hot knife through butter for more than three hours running. I mean, this market had fallen something like 350 points and kept falling straight through expiration and beyond. It was as if an asteroid had landed squarely on Japan and wiped out the entire country.
So I scoured Internet and TV news sources to see what was going on in Japan. I found nothing extraordinary.
Do you have insight into why the Japan 225 crashed so severely last night? I would sure like to know what caused the crash.
You can also use the Nadex underlying indicative chart. Click on the little red, white, and blue chart icon to the right of any contract in the markets window.
One of my favorite markets on which to trade binaries is the daily Japan 225 that expires at 2:25 AM. Typically, I find this market very calm and quiet within one hour of expiration, which is the type of market that I prefer to see when doing expiration trades.
Last night when I logged on to Nadex and looked at the chart for this market about 45 minutes before expiration, I was astonished to see it falling like a hot knife through butter for more than three hours running. I mean, this market had fallen something like 350 points and kept falling straight through expiration and beyond. It was as if an asteroid had landed squarely on Japan and wiped out the entire country.
So I scoured Internet and TV news sources to see what was going on in Japan. I found nothing extraordinary.
Do you have insight into why the Japan 225 crashed so severely last night? I would sure like to know what caused the crash.
