FX Options Trade Alert
Mon, May 12 2008, 13:56 GMT
by Trading Central Team
Trading Central
Last week, the U.S. Dollar lost some strength against all other currencies except the British Pound. We entered a short position on USD/JPY to take advantage of the downside breakout of a daily rising wedge (bearish pattern). A pull back to the previous lower boundary should not be ruled out before a new weak trend continues.
For this week, some decisive figures are to be released with the Retail Sales on Tuesday, the Inflation on Wednesday and the University of Michigan confidence survey on Friday. This should give a good outlook on the U.S. economy and, thus, on the U.S. Dollar perspectives. We will keep you inform of our strategy.
Please find attached our virtual portfolio.
Keep in touch.
Published on
Mon, May 12 2008, 13:58 GMT
Archive
- FX Options trade alert
Published On Mon, Aug 25 2008, 11:14 GMT
- FX Options trade alert
Published On Mon, Aug 18 2008, 11:15 GMT
- FX Options trade alert
Published On Mon, Aug 11 2008, 12:57 GMT
- FX Options trade alert
Published On Tue, Aug 5 2008, 12:52 GMT
- FX Options trade alert
Published On Tue, Aug 5 2008, 07:50 GMT
[ View All ]
TRADING Central Americas, Inc
| 60 Broad Street – Suite 3502 New York, NY 10004
http://www.tradingcentral.com/ | sales@tradingcentral.com
Legal disclaimer and risk disclosure
The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects TRADING Central current judgment and may change without
notice. Users acknowledge and agree to the fact that, by its very nature, any investment in shares, stock options and similar and assimilated products is characterised by a certain degree of uncertainty and that, consequently, any
investment of this nature involves risks for which the user is solely responsible and liable.
Options transactions carry a high degree of risk. Purchasers and sellers of options should familiarize themselves with the type of option (i.e. put or call), which they are contemplating trading and the associated risks including premium
and all transaction costs.
To find our more about trading options you can visit: www.888options.com
Options involve risk and are not suitable for everyone. Prior to buying or selling an option, a person must receive a copy of CHARACTERISTICS AND RISKS OF STANDARDIZED OPTIONS. Copies may be obtained from your broker, one of the exchanges or The Options Clearing Corporation. TRADING Central, a leading investment research provider, is a registered investment advisor, not a broker-dealer. TRADING Central is not affiliated with the International Securities Exchange, however ISE compensates TRADING Central for performing this research, including generating FX options trading alerts. Investors should exercise judgment and perform adequate due-diligence prior to making any investment.
Services in the U.S. are offered through TRADING Central Americas, Inc.
TRADING Central is not registered in France as an Investment Services Provider but complies with the following rules and directives, including:
- General Regulation Handbook of the AMF, Book III, Title III, Chapter VII "Investment Analysts Not Associated with an Investment Services Provider"
- EU Commission Directive 2006/73 dated 10 August 2006, Articles 24 and 25
- EU Commission Directive 2004/39 dated 21 April 2004
- EU Commission Directive 2003/125 dated 22 December 2003