The range-bound action that has developed this year, coupled with what seems to be a bipolar market, has in part been driven by currency fluctuations.
Risk-on, risk-off, carry trades, and the Eurozone crisis. It's what I like to call "voodoo."
Even if you don't trade currencies, it's important to understand what's going on out there and how it could potentially affect equities.
Today after the close at 4:30 EST, I'll be presenting a free webinar over at The Trading Pub. We'll be talking about the Euro and how to use options analysis techniques to understand what traders are feeling right now.
Topics include:
- What kind of options are available for the Euro
- How to measure "fear" in the $FXE options through $EVZ
- Support and resistance levels for the Euro not found anywhere else
- Your individual questions
We will also be doing a free drawing for The StockTwits Edge
To register for the free webinar, click here.