Pt 7 Steve Misic on Identifying Trading Range Strategies Using FX Options
March 6, 2010 by admin
Filed under Fx Forex Trading Strategies
Looking for alternative ways tohelp you identify opportunities in the currency markets? Many times, price will become range bound after a big directional move. Join Steve Misic, a leading instructor (Online Trading Academy) on Forex and equities with over 15 years experience, where he provides insight how to identify and trade a wide Range using FX Options. In this session, Steve will also help you identify which time frame to use to find the range, which time frame to use for entry, and how to set the rules for entries, exits, and stops. Sometimes the breakout from this range will be a continuation of the trend, or a reversal. While waiting for the breakout, this consolidation can be traded profitable if the range is wide. Foreign currency options are one of the most popular methods of spot forex hedging. Using fundamental and technical analysis, Steve will demonstrate how you can hedge your investments, implement price forecasts with limited risks or increase your portfolio returns by selling options. Learn to trade your views on the strength or weakness of the US dollar. FX Options provide you with exposure to rate movements in the global foreign currency market. FX Options can be traded through all options-enabled brokerage accounts, are cash-settled in US dollars and have a European style exercise.
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