I thought the eur/usd would tank to 1.55

on the adp news. Its still holding up! does the news

13:18 FX OPTIONS: EUR/USD 1.5600 Expiries Today & Tomorrow London, April 2.
1.5600 strikes will roll off at the 10am Eastern (15:00GMT) NY option cuts today
and tomorrow (Thursday).

have anything to do with it?

hey pipster,

that’s one of the reasons i stopped trading news…hahaha. who the heck knows… now i go purely technical.

good luck!

uptick

Here’s a strategy for options. (which I won’t use, but you may want to look into it) Stock options tend to expire where the most amount of people lose the most amount of money. So take the most common put strike price and the most common call strike price and shoot for the middle. Some try this in the stock world. Maybe could be a strategy for the forex world.

Who is writing these options and who are they available to? I don’t see any in my retail forex brokers account?

Trading the news can still be profitable. I dont normally trade the news but I did it yesterday and today and i’m smiling now.