FxWirePro- Major Pair levels and bias summary 
Gold Loses Shine as Crude Oil Surges: Safe-Haven Metal Retreats Toward USD 4,500 Support 
Will a new border deal with the US open a backdoor into Kiwis’ personal data? 
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand 
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead 
Makemation: a Nollywood movie that shows AI in action in Africa 
The four types of dementia most people don’t know exist 
What does China’s host bid mean for the High Seas Treaty? 
FxWirePro: USD/ZAR sustains gains as uptrend remains strong 
Strait of Hormuz Disruption Sparks Global Oil Supply Fears 
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites 
FxWirePro: GBP/NZD remains buoyant, looks to extend gains 
The uptrend that has been gradually prolonging from last three months has taken one step ahead to break trendline resistance, it looks like the pair has set up a new stage for its bull run as you can make out from strong bull candles with volume confirmation with all leading technical oscillators are positively converging.
Why ratio spread: This is an income strategy. You are looking for a net credit if the stock stays within a range or rises.
Execution: EURAUD is currently trading at 1.5753. Short two lots of next month OTM strike puts.
Buy one deep OTM strike put of the same expiry.
Advantage: This position will be profitable if the EURAUD stays within a range.
Risk/Reward Profile: There is unlimited risk in this position, with capped reward.
- News
- Economy
- Central Banks
- Investing
- Research
- Roundups
- Digital Currency
- Insights
- Technical Analysis
- Technology
- Business
- Law
- Health
- Nature
- Fintech
- Science
- Topic
- Opinions
- ©Econometrics LLC . All Rights Reserved.
FxWirePro: EUR/AUD tests trendline support at 1.5599 – put ratio spread for swing trading
Friday, August 28, 2015 9:15 AM UTC
Editor's Picks
- Market Data
Most Popular
1
5
